Pacific Retirement services' mission is to empower people to lead meaningful lives as they age.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 28 volunteers and 211 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $2.3M a year · 10% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$10.3M
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$39.3M
+49% vs prior year
Spent
$28.8M
To programs
100%
Net assets
$69.8M
By yearFY2020–FY2025
Revenue
$39.3M
FY2025▲ +49%
Tap a bar for its year
Revenue by fiscal year
FY2020$12.1M
FY2021$19.6M
FY2022$20.5M
FY2023$19.4M
FY2024$26.3M
FY2025$39.3M
Expenses
$28.8M
FY2025▲ +23%
Tap a bar for its year
Expenses by fiscal year
FY2020$13.1M
FY2021$18.1M
FY2022$18.7M
FY2023$21.2M
FY2024$23.4M
FY2025$28.8M
Net assets
$69.8M
FY2025▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$66.4M
FY2021$61.5M
FY2022$61.5M
FY2023$61.7M
FY2024$65.7M
FY2025$69.8M

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1982.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $28.8M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

28 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Eric Sholty’s $842K as CEO is at the 99th percentile of top reported officer pay among 3123 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Eric Sholty$842,118$773,872$599,699$407,385$379,238
Mary Schoeggl$761,865$528,324$523,674$476,423$487,581
Brian McLemore—$461,225$387,021$749,195$709,072
Anthony Sabatini$522,591$431,659$391,196$344,045$317,245
John Howl$520,333$431,298$389,375$355,423—
Debbie Rayburn$449,314$417,370$400,602$377,266$364,612
Paul Riepma II—$419,987$335,534$319,755$311,237
Steven Rinkle—$419,987$409,039$386,820$367,253

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Pacific Retirement Services INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Enhance the aging experience by providing exceptional leadership to family organizations.

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1 program · $28.8M · in their own filed words · FY2024
01

Pacific retirement services, INC.'S vision is creating communities to provide each resident with lifestyle opportunities that facilitate healthy aging and support services to ensure stability and security as residents age.

$28.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$30K
Grants paid · 4 grants · $2.8M · 2019–2024
Capitol Lakes INCWI · FY2024$600,000
Leadingage CaliforniaCA · FY2023$10,000
Leadingage CaliforniaCA · FY2022$9,000
Mirabella at Asu INCOR · FY2019$2,171,550

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$39.3M
Ln 12
Fees for servicesLn 2g$32.3M
Investment incomeLn 3$7.1M
Gifts and grantsLn 1h$11K
Money outPt IX
$28.8M
Ln 25
Programscol B$28.8M
Owns and owesPt X
$69.8M
net assets · Ln 32
Cash and savingsLn 1–2$12.7M
Total assetsLn 16$80.1M
LiabilitiesLn 26$10.3M
PeoplePt VI, VII
28
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11K
Fees for servicesLn 2g$32.3M
Investment incomeLn 3$7.1M
Gains on assetsLn 7$5.7M
Total revenueLn 12$39.3M
Assets in detailPt X, end of year
CashLn 1$1.1M
SavingsLn 2$11.6M
Cash and savings togetherLn 1–2$12.7M
InvestmentsLn 11–13$8.3M
Land, buildings, equipmentLn 10c$5.0M
Other assetsLn 15$53.3M
Total assetsLn 16$80.1M
LiabilitiesLn 26$10.3M
Net assetsLn 32$69.8M
OperationsPt I, VI
EmployeesI 5211
VolunteersI 628
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$16.7M$12.7M
InvestmentsLn 11–13$8.5M$8.3M
Land, buildings, equipmentLn 10c$4.8M$5.0M
Total assetsLn 16$72.4M$80.1M
LiabilitiesLn 26$6.7M$10.3M
Net assetsLn 32$65.7M$69.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$600K$600K
Other salaries and wagesLn 7$19.4M$19.4M
Pension plan contributionsLn 8$40K$40K
Other employee benefitsLn 9$425K$425K
Payroll taxesLn 10$200K$200K
Legal feesLn 11b$472K$472K
Investment management feesLn 11f$17K$17K
Other fees for servicesLn 11g$2.9M$2.9M
Advertising and promotionLn 12$73K$73K
Office expensesLn 13$201K$201K
Information technologyLn 14$16K$16K
OccupancyLn 16$216K$216K
TravelLn 17$879K$879K
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$1.4M$1.4M
Depreciation, depletion and amortizationLn 22$343K$343K
InsuranceLn 23$164K$164K
Other expenses (24a–d)Ln 24$1.4M$1.4M
All other expensesLn 24e$88K$88K
Total functional expensesLn 25$28.8M$28.8M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $39.3M$28.8M$10.5M$69.8M 990 PDF
FY2024 $26.3M$23.4M$2.9M$65.7M 990 PDF
FY2023 $19.4M$21.2M−$1.8M$61.7M 990 PDF
FY2022 $20.5M$18.7M$1.7M$61.5M 990 PDF
FY2021 $19.6M$18.1M$1.6M$61.5M 990 PDF
FY2020 $12.1M$13.1M−$1.1M$66.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $39,289,084 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$11,000
I-9 Program service revenuePrior year $25,020,608$32,274,836
I-10 Investment incomePrior year $1,331,480$7,053,317
I-11 Other revenuePrior year −$63,644−$50,069
I-12 Total revenuePrior year $26,288,444$39,289,084
I-13 Grants and similar amounts paidPrior year $10,000$600,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $18,141,076$20,050,955
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,226,606$8,167,134
I-18 Total expensesPrior year $23,377,682$28,818,089
I-19 Revenue less expensesPrior year $2,910,762$10,470,995
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $39,289,084 across 7 lines filed
Lines not itemized here account for $4,694 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$11,000
VIII-1h Total contributions, gifts and grants$11,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $32,270,142$32,270,142
VIII-3 Investment incomeExcluded from tax $1,314,392$1,314,392
VIII-7 Net gain or loss on sales of assetsExcluded from tax $5,738,925$5,738,925
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax −$50,069−$50,069
VIII-12 Total revenueRelated to mission $32,274,836 · Unrelated business $0 · Excluded from tax $7,003,248$39,289,084
Part IX · Statement of functional expenses $28,818,089 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $600,000$600,000
IX-7 Other salaries and wagesPrograms $19,385,462$19,385,462
IX-8 Pension plan contributionsPrograms $40,476$40,476
IX-9 Other employee benefitsPrograms $424,757$424,757
IX-10 Payroll taxesPrograms $200,260$200,260
IX-11b Legal feesPrograms $472,427$472,427
IX-11f Investment management feesPrograms $16,641$16,641
IX-11g Other fees for servicesPrograms $2,896,607$2,896,607
IX-12 Advertising and promotionPrograms $72,983$72,983
IX-13 Office expensesPrograms $201,199$201,199
IX-14 Information technologyPrograms $15,691$15,691
IX-16 OccupancyPrograms $216,446$216,446
IX-17 TravelPrograms $879,149$879,149
IX-19 Conferences, conventions and meetingsPrograms $1,685$1,685
IX-20 InterestPrograms $1,370,090$1,370,090
IX-22 Depreciation, depletion and amortizationPrograms $343,193$343,193
IX-23 InsurancePrograms $164,305$164,305
IX-24 Other expenses (24a–d)Programs $1,428,513$1,428,513
IX-24e All other expensesPrograms $88,205$88,205
IX-25 Total functional expensesPrograms $28,818,089 · Management $0 · Fundraising $0$28,818,089
Part X · Balance sheet $80,059,382 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $1,136,522$1,141,140
X-2 Savings and temporary cash investmentsStart of year $15,548,099$11,562,538
X-4 Accounts receivableStart of year $4,555$187,560
X-8 Inventories for sale or useStart of year $65,068$80,890
X-9 Prepaid expenses and deferred chargesStart of year $302,241$389,459
X-10c Land, buildings and equipment, netStart of year $4,807,255$5,029,468
X-12 Other securitiesStart of year $5,738,346$5,738,346
X-13 Program-related investmentsStart of year $2,741,790$2,610,301
X-15 Other assetsStart of year $42,074,530$53,319,680
X-16 Total assetsStart of year $72,418,406$80,059,382
X-17 Accounts payable and accrued expensesStart of year $1,488,073$1,668,301
X-24 Unsecured notes and loans payableStart of year $4,716,291$4,586,269
X-25 Other liabilitiesStart of year $512,091$4,016,210
X-26 Total liabilitiesStart of year $6,716,455$10,270,780
X-27 Net assets without donor restrictionsStart of year $65,701,951$69,788,602
X-32 Total net assets or fund balancesStart of year $65,701,951$69,788,602
X-33 Total liabilities and net assetsStart of year $72,418,406$80,059,382
Part XI · Reconciliation of net assets $69,788,602 net assets at year end
XI-1 Total revenue$39,289,084
XI-2 Total expenses$28,818,089
XI-3 Revenue less expenses$10,470,995
XI-4 Net assets at start of year$65,701,951
XI-5 Net unrealized gains (losses) on investments−$207,328
XI-8 Prior period adjustments−$6,177,016
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$69,788,602

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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