2023-08-08T14:18:31-05:00 2022-09-30 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2022-01-01 943063455 SENIOR HOUSING ASSISTANCE GROUP SENI 2067015428 1980 112TH AVENUE 210 BELLEVUE WA 98004 MICHAEL CONNELL TREASURER & CFO 2067015428 2023-08-05 1 MICHAEL CONNELL 999009999 0 KURT BENNION CPA P01469618 4252506100 2023-07-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHAG TORSTEN HIRCHE 1980 112TH AVENUE 210 BELLEVUE WA 98004 37172442 0 X WWW.SHAG.ORG X 1988 WA TO FOSTER AFFORDABLE HOUSING FOR LOW- AND MODERATE-INCOME SENIORS AND PEOPLE 55+ WITH DISABILITIES. 10 9 0 10 0 0 52750 0 46924393 36795589 607614 376853 0 0 47584757 37172442 2806314 1567276 0 0 572435 600895 0 0 17743 46469963 36505677 49848712 38673848 -2263955 -1501406 19510014 13973610 2213984 2000181 17296030 11973429 THE ORGANIZATIONS MISSION IS TO FOSTER LOW-INCOME AND AFFORDABLE HOUSING FOR SENIORS AND TO PROMOTE, THROUGH NETWORKING WITH OTHER NON-PROFITS, THE SUPPORTS AND SERVICES NECESSARY TO MAINTAIN INDEPENDENCE AND HOUSING STABILITY. 0 0 24751557 1567276 36795589 THE ORGANIZATION IS RESPONSIBLE FOR FACILITATING THE DEVELOPMENT OF 30 QUALIFIED HOUSING PROJECTS FOR LOW-INCOME ELDERLY AND DISABLED INDIVIDUALS AND HOUSEHOLDS CONTAINING A TOTAL OF 5,000 DWELLING UNITS. IN ADDITION, THE ORGANIZATION IS RESPONSIBLE FOR THE OPERATION OF 28 FEDERALLY QUALIFIED LOW-INCOME HOUSING PROJECTS FOR LOW-INCOME AND DISABLED INDIVIDUALS REPRESENTING APPROXIMATELY 5,500 RESIDENTS. 24751557 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 1 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JACOB ANDERSON 2067015428 1980 112TH AVENUE 210 BELLEVUE WA 98004 X X TORSTEN HIRCHE PRESIDENT & CEO 1.00 39.00 X X 0 0 0 MICHAEL CONNELL TREASURER & CFO 1.00 39.00 X 0 0 0 KAREN LUCAS EXECUTIVE DIRECTOR 5.00 35.00 X 0 0 0 MICHELLE LUKE SECRETARY 1.00 39.00 X 0 0 0 SCOTT LUMSDEN CHAIR 0.10 1.60 X X 0 0 0 MARY WAGNER VICE CHAIR 0.10 1.60 X X 0 0 0 BARB BENNETT DIRECTOR 0.10 1.60 X 0 0 0 JESSE BOND DIRECTOR 0.10 1.60 X 0 0 0 CATHY DANIGELIS DIRECTOR 0.10 1.60 X 0 0 0 JOHN IWANSKI DIRECTOR (THROUGH...) 0.10 1.60 X 0 0 0 JIM MELHORN DIRECTOR 0.10 1.60 X 0 0 0 KARIN MILLER DIRECTOR 0.10 1.60 X 0 0 0 LISA NELSON DIRECTOR 0.10 1.60 X 0 0 0 GREG RUSSELL DIRECTOR 0.10 1.60 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL REVENUE 531110 36550013 36550013 MANAGEMENT FEES 531110 182918 182918 INVESTMENT IN PARTNERSHIPS 531110 62658 62658 36795589 184856 184856 191997 0 191997 191997 191997 37172442 36795589 0 376853 1567276 1567276 486602 419117 67071 414 114293 98442 15754 97 1731346 1316174 400543 14629 141873 107852 32822 1199 7647 5813 1769 65 47961 36460 11096 405 37293 28350 8628 315 92 70 21 1 27366 20804 6331 231 34454575 21104868 13349707 7599 5777 1758 64 413 409 4 767 575 192 DUES & SUBSCRIPTIONS 33973 25826 7860 287 BAD DEBT EXPENSE 10486 10486 EMPLOYEE RELATIONS 4286 3258 992 36 38673848 24751557 13904548 17743 190535 351661 718484 300798 155555 112673 1991 16948205 11635848 1497235 1570639 19510014 13973610 426008 301429 20000 1497235 1497426 19000 271741 181326 2213984 2000181 X 17296030 11973429 17296030 11973429 19510014 13973610 -1501406 -3891822 70627 0 X 0 0 0 X 45000 45000 50732456 64309546 46277049 46924393 36795589 245039033 50732456 64309546 46277049 46969393 36795589 245084033 0 0 0 245084033 1500 2550 236929 184856 425835 1500 2550 236929 184856 425835 188624 208400 397024 50922580 64520496 46277049 47206322 36980445 245906892 0.99670 0.99700 0.00170 0.00090 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME PART III, COLUMN E: THE AMOUNTS IN PART III, COLUNM E ARE FOR A SHORT PERIOD THAT BEGAN ON JAUNAURY 1, 2022 AND ENDED ON SEPTEMBER 30, 2022. 0 1 X 0 TENANT SECURITY DEPOSITS 1497426 DUE FROM RELATED ORGANIZATIONS 73213 1570639 DUE TO RELATED ORGANIZATIONS 181326 181326 PART IV, LINE 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS FOR RENTAL TENANTS. SECURITY DEPOSITS ARE RETURNED TO TENANTS, LESS THE COST OF ANY REPAIRS, WHEN THE LEASE IS TERMINATED. 1 SHAG COMMUNITY LIFE FOUNDATION 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 460779043 501(C)(3) 1567276 0 GENERAL OPERATING SUPPORT 1 0 PART I, LINE 2: SENIOR HOUSING ASSISTANCE GROUP MAKES GRANTS TO RELATED ORGANIZATIONS. PROPER USE OF TRANSFERRED FUNDS IS ENSURED THROUGH COMMON BOARD AND EXECUTIVE OVERSIGHT. FORM 990, PART I, ITEM C DBA: SUSTAINABLE HOUSING FOR AGELESS GENERATIONS FORM 990, PART VI, SECTION A, LINE 3 ALL MANAGEMENT FUNCTIONS ARE PROVIDED BY EMPLOYEES OF PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED IN JANUARY 2022 TO ADOPT A COMMITTEE OF THE WHOLE, DISBANDING ALL OTHER COMMITTEES. FORM 990, PART VI, SECTION A, LINE 7A TRANSFORMING AGE'S BOARD OF DIRECTORS IS ALSO THE BOARD OF DIRECTORS OF SHAG. FORM 990, PART VI, SECTION B, LINE 11B THE FORM WAS REVIEWED BY THE VP OF FINANCE & ACCOUNTING AND THE CFO. IT WAS THEN PROVIDED TO THE BOARD FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND EMPLOYEES. ANNUALLY, THE CONFLICT OF INTEREST FORM IS DISTRIBUTED TO THE BOARD OF DIRECTORS AND OFFICERS. THE PRESIDENT & CEO REVIEWS THE COMPLETED FORMS AND IDENTIFIES IF ANY CONFLICTS EXIST. ANY ACTUAL OR PERCEIVED CONFLICT OF INTEREST OF ANY GOVERNING BOARD MEMBER OR OFFICER SHALL BE DISCLOSED TO THE OTHER MEMBERS OF THE BOARD OR HIGHEST LEVEL OF MANAGEMENT (PRESIDENT & CEO) AND MADE A MATTER OF RECORD AT THE SOONEST POSSIBLE TIME. ANY GOVERNING BOARD MEMBER HAVING A POSSIBLE CONFLICT OF INTEREST SHALL NOT VOTE OR USE PERSONAL INFLUENCE ON THE MATTER, AND SHALL NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING, EVEN WHERE PERMITTED BY LAW. THE MINUTES OF THE MEETING SHALL REFLECT THAT DISCLOSURE WAS MADE, THE ABSTENTION FROM VOTING, AND THE QUORUM. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD USES AN INDEPENDENT COMPENSATION CONSULTANT AND COMPENSATION SURVEY TO ANNUALLY DETERMINE THE CEO'S COMPENSATION. THE CEO IS RESPONSIBLE FOR CONDUCTING THE REVIEW OF OTHER OFFICERS' COMPENSATION. COMPENSATION WAS LAST REVIEWED IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE OPEN TO PUBLIC INSPECTION. FORM 990, PART VII, SECTION A: THE OFFICERS THAT HAVE COMPENSATION PRESENTED IN PART VII, SECTION A OF THE FORM 990 PROVIDE EXECUTIVE MANAGEMENT SUPPORT AND OVERALL GUIDANCE TO PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST (DBA: TRANSFORMING AGE) AS WELL AS THE OTHER RELATED AND SUPPORTED AFFILIATES OF TRANSFORMING AGE. THE ENTIRE TRANSFORMING AGE SYSTEM SERVES APPROXIMATELY 14,000 PEOPLE IN SENIOR AND AFFORDABLE HOUSING AND COMMUNITY-BASED SERVICES, EMPLOYS 2,100 EMPLOYEES, GENERATES $155 MILLION IN TOTAL ANNUAL REVENUE AND HAS $718 MILLION IN TOTAL ASSETS. SHAG COMMUNITY LIFE FOUNDATION 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 460779043 AFFORDABLE SENIOR LIVING WA 501(C)(3) LINE 10 PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 910666887 SENIOR LIVING WA 501(C)(3) LINE 10 N/A 0 PRESBYTERIAN RETIREMENT COMMUNITIES NW FOUNDATION 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 911586491 BENEFIT RESIDENTS AND EMPLOYEES OF PRCN WA 501(C)(3) LINE 12A, I PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 FRED LIND MANOR 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 910579225 PROVIDE SENIOR SERVICES WA 501(C)(3) LINE 10 PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 VASHON ISLAND COMMUNITY CARE 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 911703092 SENIOR LIVING WA 501(C)(3) LINE 10 PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 VASHON COMMUNITY CARE FOUNDATION 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 463368230 BENEFIT RESIDENTS AND EMPLOYEES OF VICC WA 501(C)(3) LINE 7 PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 FULL LIFE CARE 800 JEFFERSON STREET SUITE 620 SEATTLE WA 98114 911095588 SERVICES FOR THE ELDERLY WA 501(C)(3) LINE 7 PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 CHRISTIAN RETIREMENT HOMES 6315 O STREET LINCOLN NE 68510 476041813 SENIOR LIVING NE 501(C)(3) LINE 10 PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 EASTMONT TOWERS FOUNDATION 6315 O STREET LINCOLN NE 68510 911767080 BENEFIT RESIDENTS AND EMPLOYEES OF CRH NE 501(C)(3) LINE 10 PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 DOWNTOWN ACTION TO SAVE HOUSING 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 943155152 HOUSING WA 501(C)(3) LINE 7 PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 GERMAN RETIREMENT HOME OF THE STATE OF WASHINGTON 11853 97TH AVENUE NE KIRKLAND WA 98034 910630507 SENIOR LIVING WA 501(C)(3) LINE 7 PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 NORSE HOME 5311 PHINNEY AVENUE N SEATTLE WA 98103 910667588 ASSISTED LIVING WA 501(C)(3) LINE 10 PRESBYTERIAN RETIREMENT COMMUNITIES NW 0 TRANSFORMING AGE 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 320672552 MANAGEMENT SERVICES WA 501(C)(3) LINE 12B, II N/A 0 FAIRFIELD WOODROSE LP 5355 MIRA SORRENTO PLACE SUITE 100 SAN DIEGO CA 92121 843648194 LOW-INCOME HOUSING CA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 FAIRFIELD WOODLANDS LP 5355 MIRA SORRENTO PLACE SUITE 100 SAN DIEGO CA 92121 843668704 LOW-INCOME HOUSING CA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 FAIRFIELD WASHINGTON TERRACE LP 5355 MIRA SORRENTO PLACE SUITE 100 SAN DIEGO CA 92121 843662259 LOW-INCOME HOUSING CA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 FAIRFIELD MERIDIAN COURT LP 5355 MIRA SORRENTO PLACE SUITE 100 SAN DIEGO CA 92121 843668387 LOW-INCOME HOUSING CA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 FAIRFIELD LAKEWOOD MEADOWS LP 5355 MIRA SORRENTO PLACE SUITE 100 SAN DIEGO CA 92121 843662028 LOW-INCOME HOUSING CA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 FAIRFIELD LAKE CITY LP 5355 MIRA SORRENTO PLACE SUITE 100 SAN DIEGO CA 92121 843668572 LOW-INCOME HOUSING CA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 FAIRFIELD BOARDWALK LP 5355 MIRA SORRENTO PLACE SUITE 100 SAN DIEGO CA 92121 843656257 LOW-INCOME HOUSING CA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 FAIRFIELD BALLINGER LP 5355 MIRA SORRENTO PLACE SUITE 100 SAN DIEGO CA 92121 843647267 LOW-INCOME HOUSING CA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 FAIRFIELD AUBURN COURT LP 5355 MIRA SORRENTO PLACE SUITE 100 SAN DIEGO CA 92121 843656531 LOW-INCOME HOUSING CA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 FAIRFIELD ALDERWOOD COURT LP 5355 MIRA SORRENTO PLACE SUITE 100 SAN DIEGO CA 92121 843641547 LOW-INCOME HOUSING CA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 MGRE 334 LLC 334 WELLS AVENUE S SUITE G RENTON WA 98057 474555646 LOW-INCOME HOUSING WA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00100 BITTER LAKE VILLAGE ASSOCIATES (2) LP 14400 TUKWILA INTL BLVD TUKWILA WA 98168 202080255 LOW-INCOME HOUSING WA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 BITTER LAKE VILLAGE ASSOCIATES (1) LP 14400 TUKWILA INTL BLVD TUKWILA WA 98168 202080242 LOW-INCOME HOUSING WA SENIOR HOUSING ASSISTANCE GROUP RELATED 0 1 0.00010 TRANSFORMING AGE INC 715 NINTH AVENUE SUITE 400 SEATTLE WA 98104 471755666 FOR-PROFIT VENTURES AND ACTIVITIES WA N/A C 0 SENIOR HOUSING ASSISTANCE CORPORATION 1980 112TH AVENUE NE SUITE 210 BELLEVUE WA 98004 911923742 LOW-INCOME HOUSING WA SENIOR HOUSING ASSISTANCE GROUP C 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0