Transforming Age

“All management functions are provided by employees of presbyterian retirement communities northwest.”

“The form was reviewed by the controller and the cfo. It was then provided to the board for review before filing.”

“The conflict of interest policy applies to all board members, officers and employees. Annually, a conflict of interest form is distributed to the board of directors and officers. The president & ceo reviews the completed forms and identifies whether any conflicts exist. Any actual or perceived conflict of interest of any governing board member or officer is disclosed to the other board members 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 may not vote or use personal influence on the matter, and is not counted in determining the quorum for the meeting, even where permitted by law. The minutes of the meeting reflect that disclosure was made, the abstention from voting, and the quorum.”

“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 2022.”

“The governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“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.”

“The form 990 is being amended to reflect changes in ownership of certain disregarded entities. The sole membership of 1980 112th llc was transferred from presbyterian retirement communities northwest, a related organization, to transforming age in october 2022. The following parts, schedules, lines, etc., were impacted by this amendment: form 990, page 1, box g form 990, part i, lines 8, 11-12, 17-22 form 990, part iii, line 4a form 990, part iv, lines 29, 33 form 990, part viii, lines 1d, 1g-1h, 6a, 6c, 12 form 990, part ix, lines 11b, 11g, 20, 22, 25 form 990, part x, lines 1, 4, 10a-10c, 15-17, 23, 26-27, 32-33 form 990, part xi, lines 1-3, 10 schedule b, parts i and ii schedule d, part vi, lines 1a-1b, 1d schedule d, part ix schedule m, part i schedule r, part i schedule r, part v, lines 1c, 2”