2024-08-14T19:29:49-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2022-10-01 911767080 EASTMONT TOWERS FOUNDATION EAST 4024867515 6315 O STREET LINCOLN NE 68510 MICHAEL CONNELL CHIEF FINANCIAL OFFICER 4024867515 2024-08-13 1 0 KURT BENNION CPA P01469618 4252506100 2024-08-01 2022 2024-08-08 14:25:15Z ANDREW FISHER 6315 O STREET LINCOLN NE 68510 714214 0 X WWW.EASTMONTTOWERS.COM X 1997 NE TO RAISE MONEY FOR THE USE OF CHRISTIAN RETIREMENT HOMES. 13 12 0 12 0 0 496852 506158 0 0 158976 130909 -775 -6230 655053 630837 445336 347135 0 0 80698 70514 0 0 0 32974 52809 559008 470458 96045 160379 3983390 4384845 924 20335 3982466 4364510 EASTMONT TOWERS FOUNDATION SEEKS, RECEIVES, AND ADMINISTERS PHILANTHROPIC SUPPORT FOR THE NEEDS OF CHRISTIAN RETIREMENT HOMES (DBA: EASTMONT TOWERS COMMUNITY) AND THE BENEVOLENT PROGRAMS UNDERTAKEN BY EASTMONT TOWERS COMMUNITY'S RESIDENTS AND STAFF. 0 0 347135 347135 0 TO RAISE MONEY FOR THE USE OF CHRISTIAN RETIREMENT HOMES (DBA: EASTMONT TOWERS COMMUNITY), A NOT-FOR-PROFIT 501(C)(3) CORPORATION, FOR THE PROGRAMS DESCRIBED BELOW:1. BENEVOLENT LIFE CARE - PROVIDE BENEVOLENT CARE FOR LIFE CARE RESIDENTS WHO HAVE EXHAUSTED THEIR FINANCIAL RESOURCES.2. BENEVOLENT HOSPICE CARE - PROVIDE BENEVOLENT HOSPICE CARE FOR COMMUNITY MEMBERS AT THE MONARCH, A HOSPICE CARE FACILITY WITHIN THE EASTMONT COMMUNITY.3. OPERATIONAL GRANTS - PROVIDE OPERATIONAL GRANTS FOR SPECIFIC IMPROVEMENTS THAT ENHANCE THE QUALITY OF LIFE OF EASTMONT RESIDENTS.4. EASTMONT CARES - SUPPORT EASTMONT EMPLOYEES WHO PERSONIFY THE EASTMONT WAY THROUGH TUITION REIMBURSEMENT AND EMERGENCY ASSISTANCE. 347135 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JACOB ANDERSON 4255596301 1980 112TH AVENUE 210 BELLEVUE WA 98004 X ANDREW FISHER MHA NHA EXECUTIVE DIRECTOR 10.00 30.00 X 0 182655 24407 GREG SULLIVAN PRESIDENT 1.00 0.00 X X 0 0 0 JEFF AHL VICE PRESIDENT 1.00 0.00 X X 0 0 0 JIM ESSAY TREASURER 1.00 0.00 X X 0 0 0 DOUG KOENIG SECRETARY 1.00 0.00 X X 0 0 0 KATHY ASBOE DIRECTOR 1.00 0.00 X 0 0 0 JOHN BOUDREAU DIRECTOR 1.00 0.00 X 0 0 0 BOB BRYANT DIRECTOR 1.00 0.00 X 0 0 0 JILL JENSEN DIRECTOR 1.00 0.00 X 0 0 0 MARY JANE RINGSMUTH DIRECTOR 1.00 0.00 X 0 0 0 KRIS ROSENOW DIRECTOR 1.00 0.00 X 0 0 0 DEAN SCHNEIDER DIRECTOR 1.00 0.00 X 0 0 0 BETSY SHEETS DIRECTOR 1.00 0.00 X 0 0 0 0 182655 24407 0 0 1 0 0 68302 8924 428932 506158 97171 97171 88039 54301 33738 33738 33738 22846 68302 29076 -6230 -6230 630837 0 0 124679 346307 346307 828 828 59219 59219 1212 1212 7804 7804 2279 2279 1128 1128 23755 23755 7201 7201 1268 1268 3573 3573 13664 13664 MISCELLANEOUS EXPENSE 1880 1880 DUES & SUBSCRIPTIONS 340 340 470458 347135 123323 0 227 225 729246 976461 3240793 3408159 13124 0 3983390 4384845 924 1479 0 18856 924 20335 X 1929690 2206716 2052776 2157794 3982466 4364510 3983390 4384845 160379 221665 0 X 0 1 X 1 0 X 229203 352924 314155 496852 506158 1899292 229203 352924 314155 496852 506158 1899292 0 0 0 1899292 94082 86262 77022 96562 97171 451099 94082 86262 77022 96562 97171 451099 2126 9980 23208 22846 58160 323285 441312 401157 616622 626175 2408551 0.78860 0.78090 0.18730 0.19980 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME FUNDRAISING EVENT REVENUES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1733345 -91567 1641778 1834746 -101401 1733345 1840860 -6114 1834746 1731665 109195 1840860 1675477 56188 1731665 0.05470 0.60910 0.33620 0 0 0 DUE TO RELATED ORGANIZATIONS 18856 18856 X PART V, LINE 4: THE MONARCH BENEVOLENT CARE ENDOWMENT FUND WAS SET UP TO FUND OPERATING LOSSES AND CAPITAL EXPENDITURES OF THE MONARCH. PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS A NEBRASKA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE IRS AS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE FOUNDATION BELIEVES IT HAS SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. GOLF CLASSIC 52053 42023 10030 4157 9795 6786 MONOPOLY TOURNAMENT 39095 26279 12816 4406 1965 1967 91148 68302 22846 8563 9795 8751 1967 29076 -6230 1 CHRISTIAN RETIREMENT HOMES 6315 O STREET LINCOLN NE 68510 476041813 501(C)(3) 346307 0 GENERAL OPERATING SUPPORT 1 0 PART I, LINE 2: THE GRANTS APPROVED ARE ONLY FOR CHRISTIAN RETIREMENT HOMES (DBA: EASTMONT TOWERS COMMUNITY). THE GRANTS ARE APPROVED BY THE EASTMONT TOWERS FOUNDATION BOARD OF DIRECTORS. THE FOUNDATION AND EASTMONT TOWERS COMMUNITY TOGETHER TO ENSURE APPROPRIATE USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 ANDREW FISHER MHA NHA EXECUTIVE DIRECTOR 0 153733 0 28922 0 0 0 7939 0 16468 0 207062 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE HAS THE POWER TO ACT ON BEHALF OF THE BOARD DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR OF CHRISTIAN RETIREMENT HOMES (DBA: EASTMONT TOWERS COMMUNITY) IS AN EX OFFICIO MEMBER OF THE BOARD OF DIRECTORS. ALTHOUGH THE EXECUTIVE DIRECTOR GENERALLY ABSTAINS FROM VOTING ON MATTERS BEFORE THE FOUNDATION'S BOARD, THE EXECUTIVE DIRECTOR MAY VOTE TO BREAK A TIE. FORM 990, PART VI, SECTION A, LINE 3 ALL MANAGEMENT FUNCTIONS ARE PROVIDED BY EMPLOYEES OF CHRISTIAN RETIREMENT HOMES (DBA: EASTMONT TOWERS COMMUNITY) AND TRANSFORMING AGE. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION'S BOARD OF DIRECTORS ARE ELECTED BY THE BOARD OF DIRECTORS OF CHRISTIAN RETIREMENT HOMES (DBA: EASTMONT TOWERS COMMUNITY). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY MANAGEMENT AND BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST STATEMENT. THE CONFLICT OF INTEREST STATEMENTS ARE REVIEWED AND MONITORED BY THE EXECUTIVE COMMITTEE. BOARD MEMBERS ARE REQUIRED TO DISCLOSE REAL, POTENTIAL OR PERCEIVED CONFLICTS OF INTEREST. IF IT IS UNCLEAR WHETHER A CONFLICT EXISTS, THE EXECUTIVE COMMITTEE OR THE BOARD OF DIRECTORS MAKES THAT DETERMINATION. THE INDIVIDUAL WITH THE POTENTIAL CONFLICT RECUSES THEMSELVES FROM ALL DISCUSSIONS AND DECISIONS ON THE MATTER. IF THE BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE DETERMINES THAT A CONFLICT OF INTEREST WAS NOT DISCLOSED, THAT BODY WILL DETERMINE APPROPRIATE STEPS TO TAKE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRANSFORMING AGE 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 2022. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. 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 TRANSFORMING AGE AND ITS RELATED AND SUPPORTED AFFILIATES. 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. PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 910666887 PROVIDE CARE FOR SENIORS WA 501(C)(3) LINE 10 TRANSFORMING AGE 0 PRESBYTERIAN RETIREMENT COMMUNITIES NORTHWEST FOUNDATION 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 911586491 BENEFIT RESIDENTS AND EMPLOYEES OF PRESBYTERIAN RETIREMENT COMMUNITIES NW WA 501(C)(3) LINE 12A, I TRANSFORMING AGE 0 FRED LIND MANOR 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 910579225 PROVIDE SENIOR SERVICES WA 501(C)(3) LINE 10 TRANSFORMING AGE 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 FULL LIFE CARE 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 911095588 SERVICES FOR THE ELDERLY WA 501(C)(3) LINE 7 TRANSFORMING AGE 0 CHRISTIAN RETIREMENT HOMES 6315 O STREET LINCOLN NE 68510 476041813 SENIOR LIVING NE 501(C)(3) LINE 10 TRANSFORMING AGE 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 TRANSFORMING AGE 0 DOWNTOWN ACTION TO SAVE HOUSING 11018 NE 11TH STREET BELLEVUE WA 98004 943155152 HOUSING WA 501(C)(3) LINE 7 TRANSFORMING AGE 0 NORSE HOME 5311 PHINNEY AVENUE N SEATTLE WA 98103 910667588 ASSISTED LIVING WA 501(C)(3) LINE 10 TRANSFORMING AGE 0 SENIOR HOUSING ASSISTANCE GROUP 14400 TUKWILA INTL BLVD SUITE 100 TUKWILA WA 98168 943063455 SENIOR LIVING WA 501(C)(3) LINE 10 TRANSFORMING AGE 0 SHAG COMMUNITY LIFE FOUNDATION 14400 TUKWILA INTL BLVD SUITE 100 TUKWILA WA 98168 460779043 AFFORDABLE SENIOR LIVING WA 501(C)(3) LINE 10 TRANSFORMING AGE 0 TRANSFORMING AGE 1980 112TH AVENUE SUITE 210 BELLEVUE WA 98004 320672552 MANAGEMENT SERVICES WA 501(C)(3) LINE 12B, II N/A 0 TRANSFORMING AGE VENTURES 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 N/A C 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0