Totals
- Total revenue
- $3,173,181
- Total expenses
- $2,540,724
- Contributions and grants received
- $1,699,356
- Grants paid
- $0
- Program service revenue
- $1,094,170
- Investment income
- $358,436
- Other revenue
- $21,219
- Total assets, end of year
- $15,689,996
- Total liabilities, end of year
- $310,971
- Net assets or fund balances, end of year
- $15,379,025
- Program services expenses (Part IX)
- $2,135,685
- Management and general expenses
- $246,241
- Fundraising expenses
- $158,798
- Program service expenses (Part III)
- $2,135,685
Program services were 84.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$1,650
-
1e · Government grants (contributions)
$73,895
-
1f · All other contributions, gifts and grants
$1,623,811
-
1g · Noncash contributions included above
$14,944
-
2a · Program service revenue: Patient Care Fees
total $610,950 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Caregiver Fees
total $483,220 · unrelated business $0 · excluded $0
-
3 · Investment income
total $279,133 · unrelated business $0 · excluded $279,133
-
7a · Gross sales of assets other than inventory
securities $79,303
-
7c · Gain or loss
securities $79,303
-
7d · Net gain or loss
total $79,303 · related or exempt $0 · unrelated business $0 · excluded $79,303
-
11a · Other revenue: Miscellaneous Revenue
total $21,219 · related or exempt $17,891 · unrelated business $0 · excluded $3,328
-
11e · Other revenue, total
$21,219
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $334,953 · program services $230,423 · management and general $52,137 · fundraising $52,393
-
7 · Other salaries and wages
total $1,408,046 · program services $1,280,807 · management and general $57,622 · fundraising $69,617
-
8 · Pension plan contributions
total $42,752 · program services $37,067 · management and general $2,693 · fundraising $2,992
-
9 · Other employee benefits
total $104,644 · program services $90,668 · management and general $6,597 · fundraising $7,379
-
10 · Payroll taxes
total $126,078 · program services $109,310 · management and general $7,943 · fundraising $8,825
-
11c · Fees: accounting
total $14,550 · program services $0 · management and general $14,550 · fundraising $0
-
11f · Fees: investment management
total $68,606 · program services $0 · management and general $68,606 · fundraising $0
-
11g · Fees: other
total $64,731 · program services $64,012 · management and general $719 · fundraising $0
-
13 · Office expenses
total $39,687 · program services $35,727 · management and general $1,958 · fundraising $2,002
-
14 · Information technology
total $33,239 · program services $31,535 · management and general $852 · fundraising $852
-
16 · Occupancy
total $28,592 · program services $25,302 · management and general $1,569 · fundraising $1,721
-
17 · Travel
total $2,088 · program services $2,088 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $165,581 · program services $149,023 · management and general $16,558 · fundraising $0
-
23 · Insurance
total $29,454 · program services $29,454 · management and general $0 · fundraising $0
-
24a · Other expenses: Development/Outreach
total $26,355 · program services $11,073 · management and general $2,547 · fundraising $12,735
-
24b · Other expenses: Resource Center/Support Group
total $3,357 · program services $3,282 · management and general $75 · fundraising $0
-
24c · Other expenses: Professional Development
total $20,997 · program services $20,997 · management and general $0 · fundraising $0
-
24d · Other expenses: Clinical Supplies
total $1,892 · program services $1,892 · management and general $0 · fundraising $0
-
24e · All other expenses
total $25,122 · program services $13,025 · management and general $11,815 · fundraising $282
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $507,437 · end of year $542,633
-
2 · Savings and temporary cash investments
beginning of year $172,375 · end of year $237,591
-
3 · Pledges and grants receivable
beginning of year $233,321 · end of year $264,338
-
4 · Accounts receivable
beginning of year $59,836 · end of year $121,560
-
9 · Prepaid expenses and deferred charges
beginning of year $55,393 · end of year $77,501
-
10a · Land, buildings and equipment: cost or other basis
$3,933,503
-
10b · Land, buildings and equipment: accumulated depreciation
$970,530
-
10c · Land, buildings and equipment, net
beginning of year $3,116,748 · end of year $2,962,973
-
11 · Investments: publicly traded securities
beginning of year $108,690 · end of year $6,212
-
12 · Investments: other securities
beginning of year $1,230,394 · end of year $1,589,321
-
15 · Other assets
beginning of year $8,507,264 · end of year $9,887,867
-
17 · Accounts payable and accrued expenses
beginning of year $5,368 · end of year $6,893
-
19 · Deferred revenue
beginning of year $243,188 · end of year $304,078
-
27 · Net assets without donor restrictions
beginning of year $13,550,485 · end of year $15,071,178
-
28 · Net assets with donor restrictions
beginning of year $192,417 · end of year $307,847
Mission and programs · 2023
Mission
MemoryCares mission is three-fold: to provide specialized medical care to older adults with cognitive impairment; to support caregivers with education, counseling, and improved access to services; and to provide community education.
Activities or mission (Part I)
MemoryCares mission is three-fold: to provide specialized medical care to older adults with cognitive impairment; to support caregivers with education, counseling and...(See entire mission statement on page 2)
-
MemoryCare was established as a community-based, charitable non-profit organization to address the need for integrated care for people with dementia that includes families throughout the process of their care. Now in our 24th year, we are nationally recognized as pioneers in dementia care, and remain the only program in Western Carolina that integrates family support and education with expert medical care of adults with dementia.
Expenses $2,135,685 · Revenue $1,094,170
-
MemoryCare is an out-patient, consultative program with the goal that families impacted by dementia have the best possible quality of life. Dementia is a chronic, progressive illness that currently has no cure. All with the disease eventually require the help of others who themselves need support and education to manage as well as possible. Utilizing a multidisciplinary approach, our care teams provide diagnostic work-up, disease management planning, training and medical assistance to handle challenging behaviors and safety concerns, and caregiver education, counseling, and support. We help coordinate available community resources, assist low-income older adults with applications for medication assistance, and counsel individuals/families about end of life decision making. All families are provided a detailed written care plan that is amended as the illness progresses and have full access to our resource library and staff for educational material.
-
In 2023, our staff provided comprehensive services to 1,138 patients and 3,462 caregivers through our core clinical program. Families were seen in our Asheville office, our rural satellite clinic in Waynesville, and through our home visit program in Buncombe and Haywood Counties. 42% of clients were low income by federal poverty standards. We are devoted to providing community education about dementia, caregiving, and aging-related health issues and teach professional health care students and providers on these topics as well. In 2023, we facilitated 149 presentations and reached 1,582 individuals through our educational programs. Our MemoryCaregivers Network continued to offer four monthly peer caregiver support groups to all caregivers of a loved one with dementia in the community. Our electronic newsletter with information about caregiving, resources, and local events was sent to 4,467 individuals, and we maintain a Resource Library for the public with information about dementia, dementia care, healthy aging, and more.
As filed on the 2023 return.
Listed in Part VII
-
Virginia Templeton MD
Co-Executive Director
- Total calculated
- $233,608
- From this org
- $214,714
- From related orgs
- $0
- Other
- $18,894
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $200,637
- Bonus
- $14,077
- Other
- $0
- Deferred
- $8,662
- Nontaxable benefits
- $10,232
- Filer's total
- $233,608
-
Elizabeth Stavish MD
Co-Executive Director
- Total calculated
- $101,345
- From this org
- $86,574
- From related orgs
- $0
- Other
- $14,771
- Hours/week
- 50
-
Margaret Noel Morris MD - Ex Offici
Founder
- Total calculated
- $145,586
- From this org
- $130,077
- From related orgs
- $0
- Other
- $15,509
- Hours/week
- 35
-
Carlton D Johnson MD
Employee
- Total calculated
- $193,608
- From this org
- $165,944
- From related orgs
- $0
- Other
- $27,664
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $161,444
- Bonus
- $4,500
- Other
- $0
- Deferred
- $7,124
- Nontaxable benefits
- $20,540
- Filer's total
- $193,608
-
Amy Cohen
Employee
- Total calculated
- $165,401
- From this org
- $146,260
- From related orgs
- $0
- Other
- $19,141
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,260
- Bonus
- $4,000
- Other
- $0
- Deferred
- $6,116
- Nontaxable benefits
- $13,025
- Filer's total
- $167,401
-
Della Simon
Employee
- Total calculated
- $165,710
- From this org
- $149,474
- From related orgs
- $0
- Other
- $16,236
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,475
- Bonus
- $4,000
- Other
- $0
- Deferred
- $5,915
- Nontaxable benefits
- $10,320
- Filer's total
- $165,710
-
Andrew Atherton Esq
President
- Total calculated
- $0
- Hours/week
- 3
-
Sherri Metzger
Vice-President
- Total calculated
- $0
- Hours/week
- 3
-
Noel Swartz CPA
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Laura Meherg
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Becky Anderson
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Georgia Crump LPN
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Faith Doyle
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Ryan Harman
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Nancy Lauffer
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Janet Moore MPS APR
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
David Whilden
Board Member
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442959349301129
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