PUGET SOUND REGIONAL SERVICES

EIN: 911296595 501(c)(3) Human Services

RENTON, WA

Total Revenue
$17,263,428
Total Expenses
$16,837,330
Total Assets
$10,476,112
Net Assets
$7,585,745
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
WA
Principal Officer
CHAD HIGMAN
Phone
2067725700
Tax Period
2023-01-01 to 2023-12-31

PUGET SOUND REGIONAL SERVICES, founded in 1985, is a mid-sized nonprofit in the Human Services sector that reported $17.3M in total revenue in fiscal year 2023.

Mission

PUGET SOUND REGIONAL SERVICES (PSRS) MISSION IS TO PROVIDE LONG-TERM, COMMUNITY-BASED SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. THE INDIVIDUALS WE SUPPORT HAVE UNIQUE NEEDS AND ENDLESS ABILITIES. WE ACHIEVE OBJECTIVES BY SUPPORTING INCREASED INDEPENDENCE, ABILITY, AND SKILL IN ACCOMPLISHING ACTIVITIES OF DAILY LIVING AND LIFELONG GOALS. WE EMPOWER INDIVIDUALS TO CONTRIBUTE TO THEIR COMMUNITY, BY FOSTERING OPPORTUNITIES, ENGAGEMENT, AND INCLUSION. PSRS PUTS PEOPLE AT THE CENTER OF SUPPORTS AND SERVICES; COMPASSION, RELATIONSHIPS, ADVOCACY, AND SPECIALIZED TRAINING ARE ESSENTIAL TO OUR SUCCESS. PSRS' VISION IS THAT ALL PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES PARTICIPATE FULLY IN THEIR COMMUNITIES, WITHOUT BARRIERS. THEY EXPERIENCE EQUITY, CIVIC ENGAGEMENT, AND SELF-DETERMINATION; FREE FROM SOCIAL STIGMA AND MARGINALIZATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $32,105
Program Service Revenue $17,116,587
Investment Income $114,994
Other Revenue $-258
TOTAL REVENUE $17,263,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,436,797
Fundraising Expenses $10,890
Program Expenses $15,879,877
Other Expenses $1,400,533
TOTAL EXPENSES $16,837,330

Year-over-Year Comparison

2023 2022 Change
Revenue $17,263,428 $16,915,115 +0.0%
Expenses $16,837,330 $15,680,987 +0.1%
Net Income $426,098 $1,234,128 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
323
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$296,063
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACKIE BLAIR TREASURER 1.00
Officer Director
$0 $0 $0
THERESA AHDIEH SECRETARY 1.00
Officer Director
$0 $0 $0
CONNIE HYMAN BOARD MEMBERS 1.00
Director
$0 $0 $0
JESSIE CARBARY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SHAWN BECK BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE BINIONS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN CONNALLY BOARD MEMBER 1.00
Director
$0 $0 $0
JOELLE BEJARANO PRESIDENT 2.00
Officer Director
$0 $0 $0
SUZANNE MEZGER BOARD MEMBER 1.00
Director
$0 $0 $0
SHEILA BURKETT-LUCKEY BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE VAN DYKE BOARD MEMBER 1.00
Director
$0 $0 $0
CHAD HIGMAN DIRECTOR 40.00
Officer
$228,850 $12,000 $240,850
GLEN TURNER DIRECTOR OF FISCAL OPERATI 40.00
Officer
$52,203 $3,010 $55,213
PAUL ANLIKER DIRECTOR OF SUPPORTED LIVI 40.00
Highest
$148,585 $13,996 $162,581
JEFF COUTURE DIVISION DIRECTOR 40.00
Highest
$113,065 $7,401 $120,466
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $17,263,428 $16,837,330 $10,476,112 $426,098
2022 $16,915,115 $15,701,042 $9,978,930 $1,214,073
2021 $14,830,341 $14,679,980 $8,776,682 $150,361
2020 $15,043,679 $14,198,360 $8,690,631 $845,319
2019 $10,817,985 $10,695,142 $6,299,084 $122,843
2018 $10,220,443 $10,135,176 $6,322,939 $85,267
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