2026-08-03T07:28:11-07:00 2025-12-31 202571677 CORLISS & SOLOMON PLLC 242 CHARLOTTE ST SUITE 1 ASHEVILLE NC 28801 990 2025-01-01 562178294 MemoryCare Inc MEMO 8287712219 100 Far Horizons Lane Asheville NC 28803 Christine Gulden Executive Director 8287712219 2026-08-03 true Todd Oldenburg P02281691 8282360206 2026-08-03 2025 2025-03-06 01:10:19Z Laura Meherg 100 Far Horizons Lane Asheville NC 28803 4137637 false X www.memorycare.org X 2000 NC 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) 10 10 30 18 0 0 1405308 1269392 1209456 1615535 579407 1239024 13686 3194171 4137637 174233 0 2167040 2314587 0 151335 627329 765235 2794369 3254055 399802 883582 16644020 18308087 256949 288056 16387071 18020031 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. false false 2785316 174233 1615535 MemoryCare provides community-based outpatient services using an integrated model of care for people with dementia and that includes families throughout their care. For 25 years we have provided the highest quality care using a model that integrates family support and structured education with the most current and best practice medical care of adults with dementia. . In 2025, our clinical teams provided comprehensive services to 1,251 patients and 3,578 caregivers throughout our core clinical program. Services were provided at our main clinic site in Asheville, NC and at our satellite clinic in Waynesville, and through our home visit program. Our educational programming is designed to offer information about dementia and dementia related topics, caregiving, and aging-related health issues. We also strive to teach professional health students and providers on these topics to better equip our healthcare workforce with knowledge related to dementia and supporting caregivers. In 2025 MemoryCare facilitated 119 educational programs and presentations reaching 1,856 individuals. Our caregiver support services include peer support groups offered weekly in a virtual setting. In 2025 MemoryCare increased the offering of these services by adding a weekly evening support group to further opportunities for caregivers to connect with their peers. Using an electronic newsletter to provide relevant information and dementia specific content provided success with connecting to 5,099 readers. These opportunities for connection and education help MemoryCare build resilience in our caregivers. 2785316 true true false false false false false false false true true true false true false true true false false false false false false false false false false false true true false false false false false false false false true false false false false false false false false false true 12 0 true 30 true false false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false NC X X Ann Hendrix 8287712219 100 Far Horizons Lane Asheville NC 28803 Christine Gulden MHP Executive Director 50.00 X 122523 0 13436 Margaret Noel Morris MD - Ex Offici Medical Director/Founder 30.00 X 111382 0 4607 Erin Gordon DO Associate Medical Director 50.00 X 174216 0 15950 Carlton D Johnson MD Employee 45.00 X 112824 0 17458 Amy Cohen MD Employee 40.00 X 161988 0 17282 Della Simon MD Employee 40.00 X 158586 0 16906 Laura Meherg President 3.00 X X 0 0 0 Ryan Harman Vice-President 3.00 X X 0 0 0 Noel Swartz CPA Treasurer/ Secretary 3.00 X X 0 0 0 Georgia Crump LPN Board Member 2.00 X 0 0 0 Ernest Ferguson Board Member 2.00 X 0 0 0 Nancy Lauffer Board Member 2.00 X 0 0 0 Doris Loomis Board Member 2.00 X 0 0 0 Diane Mance Board Member 2.00 X 0 0 0 Candy Shivers Board Member 2.00 X 0 0 0 David Whilden Board Member 2.00 X 0 0 0 841519 0 85639 6 false true false 39156 1230236 44989 1269392 Patient Care Fees 621110 673796 0 0 Caregiver Fees 624100 535391 0 0 GUIDE Fees 624100 406348 0 0 1615535 446508 0 446508 792516 792516 792516 0 0 792516 Other Income 999009 6698 0 0 6698 Book Sales and Royalties 611710 6988 0 0 6988 13686 4137637 1615535 0 1252710 174233 174233 135975 84965 25634 25376 1869610 1726403 95573 47634 54501 49224 3296 1981 104204 94114 6301 3789 150297 135742 9084 5471 21440 0 21440 0 87642 0 87642 0 155410 148503 5180 1727 47073 27673 13760 5640 108013 95276 5120 7617 36639 32242 2565 1832 2740 2603 0 137 157615 138701 11033 7881 52782 50170 1689 923 Development/Outreach 40980 0 0 40980 Professional Development 17146 0 17146 0 Clinical Supplies 9267 9267 0 0 28488 16200 11941 347 3254055 2785316 317404 151335 189605 194668 756527 463801 164910 64735 178318 118380 84313 66181 3959035 1286594 2821703 2672441 7477 9022 1237216 693636 11203951 14025223 16644020 18308087 57517 68768 199432 219288 256949 288056 X 16115750 17933221 271321 86810 16387071 18020031 16644020 18308087 883582 749378 X false true X true false X 0 2061160 1581323 1699356 1405308 1269392 8016539 0 0 2061160 1581323 1699356 1405308 1269392 8016539 997082 7019457 128491 172956 279133 119415 446508 1146503 0 23180 18775 21219 0 13686 76860 9239902 6036468 0.75970 0.79840 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: Other Income 2021: 23180. 2022: 18775. 2023: 21219. 2024: 0. 2025: 13686. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11203951 985379 1923535 87642 14025223 9887867 290514 1105588 80018 11203951 8507264 423241 1285968 260000 68606 9887867 8860666 960937 -1250441 63898 8507264 7280168 692768 946877 59147 8860666 1.00000 true false false 0 0 3562081 931990 2630091 396954 354604 42350 2672441 Government Money Fund 693636 F 693636 Funds with the Community Foundation of Western North Carolina 14025223 14025223 X 4740788 749378 115648 865026 3875762 87642 174233 261875 4137637 3107828 115648 115648 2992180 87642 174233 261875 3254055 Pt X, Line 2 MemoryCare is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. Under the Code, however, income from certain activities not related to the organizations tax-exempt purpose may be subject to taxation as unrelated business income. The organization had no income from unrelated business activities in 2025 and was, therefore, not required to file Federal Form 990-T (Exempt Organization Business Income Tax Return). The organization believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. Pt V, Line 4 The MemoryCare Flexible Endowment Fund is a quasi-endowment designated by the Board of Directors to provide investment income for MemoryCares operations. Pt XI, Line 4b Audit program activity was netted with waived client fees. Adjustment to recognize the full cost of the services provided and direct assistance to others. Pt XII, Line 4b Audit program activity was netted with waived client fees. This adjustment is to recognize the full cost of the services provided and direct assistance to others. true Patient Assistance 167 14678 Cargiver Assistance 296 159555 false false false false false false false false false Erin Gordon DO 174216 0 0 0 0 0 6243 0 9707 0 190166 0 0 0 Amy Cohen MD 161988 0 0 0 0 0 6609 0 10673 0 179270 0 0 0 Della Simon MD 158586 0 0 0 0 0 6375 0 10531 0 175492 0 0 0 X 6 44566 Stock Market Value X Misc Goods 1 423 Fair Market Value false true false Pt VI, Line 11b The board received a copy of the 990 and had an opportunity to have questions addressed prior to the 990 filing. Pt VI, Line 12c Board members are made aware of the conflict of interest policy by instruction at MemoryCares annual meeting and the requirement that members sign a conflict of interest form annually. Pt VI, Line 15a The process for determining compensation for the executive director involves review of a regional medical salary and benefits survey and salary surveys from the NC Center for Nonprofits and NC Medical Group Managers. Pt VI, Line 15b The process for determining compensation for highly compensated employees involves review of a regional medical salary and benefits survey and salary surveys from the NC Center for Nonprofits and NC Medical Group Managers. Pt VI, Line 18 Forms 990 are available on the IRS website and the website of many charity watch organizations, such as Guidestar. Form 990s and the organizations 1023 is available upon request. Pt VI, Line 19 Governing documents, conflict of interest policy and audited financial statements are made available upon request.