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Presbyterian Retirement Communities Northwest

Public charity · 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 Northwest

In short: Presbyterian Retirement Communities Northwest gave $11.8M across 1 grant in 2025 (avg $11.8M), mostly in Washington. Source: 2025 IRS Form 990.

EIN
91-0666887
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$11,818,048
Grants made (2025)
1
Average grant
$11,818,048
Median grant
$11,818,048
Total assets
$502,372,252
Primary geography
Washington (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$502.4M

+1.0% YoY

Annual Giving

$11.8M

+6723.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$11.8M

+6723.4% YoY

How Presbyterian Retirement Communities Northwest gives

  • Giving grew 90% from 2022 to 2025. Method

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

About Presbyterian Retirement Communities Northwest

Based on IRS filings

Presbyterian Retirement Communities Northwest is a public charity focused on Human Services, based in Bellevue, WA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $502.4M in total assets. In 2025, it awarded 1 grant totaling $11.8M. Net investment income was $3.7M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

BellevueSeattleLincoln

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M1 grant2019 1 grant2020 2 grants2021 5 grants2022 4 grants2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $137K (2019) to $11.8M (2025). In 2025 it made 1 grant totaling $11.8M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Transforming Age: $11.8MTransforming Age$11.8M

The largest 2025 recipient was Transforming Age ($11.8M).

Grant Size Distribution

13 grants across all recorded years

3<$50K$50–100K4$100–250K$250–500K1$500K–1M4$1–5M1$5M+

The most common grant size was in the $100–250K range: 4 grants of 13 (31%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Transforming Age Bellevue, WAGeneral Operating Support$11,818,048

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$50M$100M$150M$200M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$502,372,252$497,451,994$525,225,607
Revenue$97,892,842$80,038,151$143,061,728
Expenses$127,287,194$112,678,389$112,655,007
Net Investment Income$3,650,111$1,309,005$740,758

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 16, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 15, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS August 15, 2025)
  5. Added Form 990 for fiscal year 2019 (received by the IRS August 13, 2020)
  6. Updated Form 990 for fiscal year 2023 (received by the IRS August 12, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
  8. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Presbyterian Retirement Communities Northwest is led by Torsten Hirche, President & CEO on every filing since 2019; 3 of 16 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Torsten Hirche

    President & CEO

    On filings since 2019

    1 hr/week

    $719K (2019) → $0 (2025)

  • David Gary Jacobs

    Executive Director

    New on the 2025 filing

    40 hrs/week

    $159K (2025)

  • Scott Rice

    Executive Director

    New on the 2025 filing

    40 hrs/week

    $132K (2025)

  • Greg Russell

    Vice Chair & Chair

    Director → Director & Vice Chair, 2024

    Director & Vice Chair → Vice Chair & Chair, 2025

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Jesse Bond

    Chair & Director

    Director & Vice Chair → Vice Chair & Chair, 2024

    Vice Chair & Chair → Chair & Director, 2025

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Dahae Kwon

    Director of Sales & Marketing

    New on the 2025 filing

    20 hrs/week

    $185K (2025)

  • Jim Melhorn

    Director

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Mary Wagner

    Director

    Vice Chair & Chair → Chair & Director, 2024

    Chair & Director → Director, 2025

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Scott Lumsden

    Director

    Chair → Chair & Director, 2023

    Chair & Director → Director, 2024

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Cathy Danigelis

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Lisa Nelson

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Barb Bennett

    Director & Vice Chair

    Director → Director & Vice Chair, 2025

    On filings since 2022

    0.1 hrs/week

    No compensation reported

  • Joy Moore

    Director

    On filings since 2024

    0.1 hrs/week

    No compensation reported

  • Kathi Lentzsch

    Director

    On filings since 2024

    0.1 hrs/week

    No compensation reported

  • Michael Connell

    Treasurer & CFO

    On filings since 2019

    1 hr/week

    $370K (2019) → $0 (2025)

  • Michele Luke

    Secretary

    On filings since 2020

    1 hr/week

    $69K (2020) → $0 (2025)

Former officers (22)
  • Former: Ken Noreen (2023–2024) — Vice President of Ccrc's
  • Former: Harold Knight (2024) — Senior Vice President of Strategy & Partnerships
  • Former: Kimberly Henderson (2024) — Vice President of Finance & Accounting
  • Former: Laurie Sykes (2024) — Vice President of Operations
  • Former: Ted Macbeth (2024) — Vice President Real Estate Development
  • Former: James Bennet (2019–2023) — Health Services Director
  • Former: John Iwanski (2019–2023) — Director
  • Former: Karin Miller (2019–2023) — Director
  • Former: Kimberly Loveall Price (2021–2023) — Vice President of Community Development
  • Former: Stanley Martin (2022–2023) — Corporate Controller
  • Former: Jeffrey Slichta (2023) — Executive Vice President, Housing & Hospitality
  • Former: Paul Aigner (2020–2022) — Vice President of Development
  • Former: Jeffrey Sichta Executive Vice (2022) — President, Housing & Hospitality
  • Former: James Rand PhD (2019–2021) — Director
  • Former: Eve Jakoboski Vp Of People (2021) — Administration
  • Former: Kevin McNamara Regional (2021) — Operations Director
  • Former: Amanda Huppert (2019–2020) — Secretary
  • Former: Kevin McNamara (2019–2020) — Executive Director - Skyline at First Hill
  • Former: Stan Martin (2019–2020) — Corporate Controller
  • Former: Stephen Wright (2019–2020) — Vice President of Sales & Marketing
  • Former: Eve Jakoboski (2019) — Vice President Human Resources & Risk Management
  • Former: Vincent Driano (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Dahae Kwon — Director of Sales and Marketing: $185KDahae KwonDirector of Sales and Marketing$185KDavid Gary Jacobs — Executive Director: $159KDavid Gary JacobsExecutive Director$159KScott Rice — Exec. Director (Through July 2025): $132KScott RiceExec. Director (Through July…$132K

The highest reported compensation on the 2025 filing was $185K, to Dahae Kwon (Director of Sales and Marketing). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Presbyterian Retirement Communities Northwest

How much does Presbyterian Retirement Communities Northwest give each year?

Presbyterian Retirement Communities Northwest gave $11.8M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $173K across 1 grant.

How large is Presbyterian Retirement Communities Northwest?

Presbyterian Retirement Communities Northwest reported $502.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $97.9M.

What is Presbyterian Retirement Communities Northwest?

Presbyterian Retirement Communities Northwest is a public charity focused on Human Services, based in Bellevue, WA. It holds $502.4M in total assets as of 2025.

Where does Presbyterian Retirement Communities Northwest operate?

Presbyterian Retirement Communities Northwest has awarded grants in Nebraska, Washington.

What is Presbyterian Retirement Communities Northwest's EIN?

Presbyterian Retirement Communities Northwest's EIN (Employer Identification Number) is 91-0666887. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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