Presbyterian Retirement Communities

Foundation · Grantmaker Bellevue, WA EIN: 91-0666887 Website

A FAITH-BASED NON-PROFIT ORGANIZATION THAT SUPPORT COMMUNITIES AND SERVICES COMMITTED TO IMPROVING THE LIVES OF OLDER ADULTS BY INTEGRATING HOUSING, COMMUNITY SERVICES, TECHNOLOGY, PHILANTHROPY, AND PARTNERSHIPS.

Key facts about Presbyterian Retirement Communities

EIN: 91-0666887
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $173,200
Grants made (2024): 1
Average grant: $173,200
Median grant: $173,200
Total assets: $497,451,994
Primary geography: Washington (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

How Presbyterian Retirement Communities gives

Giving fell 86% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Presbyterian Retirement Communities

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$497.5M

-6.0% YoY

Annual Giving

$173K

-32.3% YoY

Grant Count

-66.7% YoY

Avg Grant Size

$173K

+103.2% YoY

About Presbyterian Retirement Communities

Based on IRS filings

Presbyterian Retirement Communities is a nonprofit organization focused on Human Services, based in Bellevue, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $497.5M in total assets. In 2024, it awarded 1 grant totaling $173K. Net investment income was $1.3M.

Focus Areas

Human Services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Washington $173K (100%)

Share of all 1 itemized 2024 grant dollars.

States

Nebraska Washington

Cities

BellevueSeattleLincoln

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$497,451,994	$528,986,667	$529,987,118
Revenue	$80,038,151	$143,439,616	$90,087,367
Expenses	$112,678,389	$111,132,487	$114,657,767
Qualifying Distributions	—	—	—
Net Investment Income	$1,309,005	$740,758	$792,469
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Presbyterian Retirement Communities Northwest Foundation ($173,200).

Recipient	Purpose	Amount
PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST FOUNDATION Bellevue, WA	GENERAL OPERATING SUPPORT	$173,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Torsten Hirche	President & CEO	1	$808,519
Michael Connell	Treasurer & CFO	1	$452,069
Ken Noreen	VP of Ccrc's	40	$320,118
Harold Knight	SVP of Strategy and Partnerships	20	$147,906
Ted Macbeth	VP Real Estate Development	20	$95,064
Kimberly Henderson	VP of Finance & Accounting	40	$192,917
Laurie Sykes	VP of Operations	40	$164,949
Michele Luke	Secretary	1	$69,592
Mary Wagner	Chair & Director	0.1	—
Jesse Bond	Vice Chair & Chair	0.1	—
Greg Russell	Director & Vice Chair	0.1	—
Barb Bennett	Director	0.1	—
Cathy Danigelis	Director	0.1	—
Kathi Lentzsch	Director	0.1	—
Scott Lumsden	Director	0.1	—
Jim Melhorn	Director	0.1	—
Joy Moore	Director	0.1	—
Lisa Nelson	Director	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is Presbyterian Retirement Communities?

Presbyterian Retirement Communities is a nonprofit organization focused on Human Services, based in Bellevue, WA. It holds $497.5M in total assets as of 2024.

How large is Presbyterian Retirement Communities?

As of 2024, Presbyterian Retirement Communities holds $497.5M in total assets with $80.0M in annual revenue. It awarded 1 grant totaling $173K in 2024.

Where does Presbyterian Retirement Communities operate?

Presbyterian Retirement Communities has awarded grants in Nebraska, Washington.

What size grants does Presbyterian Retirement Communities award?

In 2024, Presbyterian Retirement Communities awarded 1 grant totaling $173K — an average of about $173K per grant, based on its IRS Form 990 filings.

What is Presbyterian Retirement Communities's EIN?

Presbyterian Retirement Communities's EIN (Employer Identification Number) is 91-0666887. IRS Form 990 filing data is available on this page for 2020–2024.