2022-07-13T10:21:50-07:00 2021-12-31 202571677 CORLISS & SOLOMON PLLC 242 CHARLOTTE ST SUITE 1 ASHEVILLE NC 28801 990 2021-01-01 562178294 MemoryCare Inc MEMO 8287712219 100 Far Horizons Lane Asheville NC 28803 Virginia Templeton MD Executive Director 8287712219 2022-07-13 true Virginia Templeton MD Stephen C Corliss P01333317 8282360206 2022-07-13 3 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z Virginia Templeton MD 100 Far Horizons Lane Asheville NC 28803 3451184 false X www.memorycare.org X 2000 NC MemoryCare's mission is three-fold: to provide specialized medical care to older adults with cognitive loss; to support caregivers with education, counseling and...(See entire mission statement on page 2) 13 12 23 6 0 0 2390974 2061160 886199 1003655 376361 363189 8299 23180 3661833 3451184 0 0 1609702 1729171 0 122929 503096 489810 2112798 2218981 1549035 1232203 13114913 14980122 232094 279167 12882819 14700955 MemoryCare's mission is three-fold: to provide specialized medical care to older adults with cognitive loss; to support caregivers with education, counseling, and improved access to services; and to provide community education. false false 1922568 0 1003655 MemoryCare was established as a community-based, charitable non-profit organization to address the need for excellent care for people with dementia that includes families throughout the process of their care. Now in our 22nd 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. In 2021, 99% of caregivers surveyed expressed satisfaction with MemoryCare's Program and 97% said they would recommend MemoryCare to others. MemoryCare is an out-patient, consultative program with the goal that all impacted by dementia can have the best possible quality of life. Dementia is a chronic, progressive illness that currently has no cure or viable treatment. 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, holistic approach, our care teams provide diagnostic work-up, disease management planning,training and medical assistance to handle challenging behaviors and safety concerns, caregiver training, counseling and support. We help coodinate 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 2021, our staff provided comprehensive services to 1,080 patients and 3,456 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 County. 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 2021, we facilitated 152 presentations and reached 1,554 individuals through our education programs, including 147 who attended our 6-week series,"Caregiver College" via live stream and 69 who accessed it for self-study online. Our MemoryCaregivers Network continued to offer three peer caregiver support groups to all caregivers of a loved one with dementia in the comminity and had 65 individuals who were regular participants this year. Our electronic newsletter with information about caregiving, resources, and local events was sent to 3,925 indivudals and, we maintain a Resource Library for the public with information about dementia, dementia care, healthy aging, and more. One hundred percent of MemoryCares staff, Board of Directors, and volunteers give in support of our program. 1922568 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 false true false false false false false false false false true false false false false false false false false false true 5 0 true 23 true false false false false false false false false false false false false false false false X 13 12 false false false false false false false true true false false true true true true true true true true false NC X X MemoryCare 8287712219 100 Far Horizons Lane Asheville NC 28803 Virginia Templeton MD Executive Director 60.00 X X X 188074 0 17080 Margaret N Morris MD - Ex Officio Founder 35.00 X 119598 0 15922 Carlton D Johnson MD Employee 50.00 X 173373 0 26441 Rebekah Lowe CLC ACC President 3.00 X X 0 0 0 Andrew Atherton Esq Vice-President 3.00 X X 0 0 0 Sok Heang Cheng CPA Treasurer 3.00 X X 0 0 0 Becky Anderson Board Member 2.00 X 0 0 0 Ryan Harman Board Member 2.00 X 0 0 0 Nancy Lauffer Board Member 2.00 X 0 0 0 Carol Lawrence Board Member 2.00 X 0 0 0 Sherri Metzger Board Member 2.00 X 0 0 0 Claire Smith Board Member 2.00 X 0 0 0 Georgia Crump LPN Board Member 2.00 X 0 0 0 Janet Moore MPS APR Board Member 2.00 X 0 0 0 481045 0 59443 3 false true false 7689 2053471 33613 2061160 Patient Care Fees 621110 600834 0 0 Caregiver Fees 624100 402821 0 0 1003655 128491 0 128491 234698 234698 234698 0 0 234698 Reimbursements 900099 23180 23180 0 0 23180 3451184 1026835 0 363189 205154 143608 30773 30773 1271237 1176814 32985 61438 41800 38986 935 1879 104752 95373 3586 5793 106228 95221 4469 6538 12570 0 12570 0 59147 0 59147 0 16804 16222 582 0 33072 30328 1295 1449 49252 47162 1035 1055 18825 16874 792 1159 2630 2630 0 0 169378 152440 16938 0 39657 38362 526 769 Development/Outreach 25048 11024 2337 11687 Resource Center/Support Group 6542 6542 0 0 Professional Development 19857 19857 0 0 Clinical Supplies 16190 16190 0 0 20838 14935 5514 389 2218981 1922568 173484 122929 643694 635197 356553 375838 170014 62818 134062 112559 50041 49820 3920498 647398 3426430 3273100 1053951 1610124 7280168 8860666 13114913 14980122 12771 13143 219323 266024 0 0 232094 279167 X 12303289 14441529 579530 259426 12882819 14700955 13114913 14980122 1232203 585933 X false true X true false X 0 0 1973565 1495180 1471983 2390974 2061160 9392862 762840 823397 868780 886199 1003655 4344871 0 0 2736405 2318577 2340763 3277173 3064815 13737733 125000 122315 789990 570993 961274 2569572 0 125000 122315 789990 570993 961274 2569572 11168161 76326 94327 111980 234909 128491 646033 76326 94327 111980 234909 128491 646033 2028 4604 6395 8299 23180 44506 14428272 0.77400 0.78720 0.04480 0.04400 X Pt III Ln 12 Other Income Part III, Line 12 Description: Other Income 2017: 2028. 2018: 4604. 2019: 6395. 2020: 8299. 2021: 23180. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7280168 692768 946877 59147 8860666 5007617 1470396 846219 44064 7280168 4238922 299895 766411 273487 24124 5007617 4475767 -213476 23369 4238922 4224298 250 624375 350000 23156 4475767 true false false 0 0 3562081 434854 3127227 358417 212544 145873 3273100 Goverment Money Fund 1610124 F 1610124 Funds with the Community Foundation of Western North Carolina 8860666 8860666 None 0 0 X 3198659 108420 108420 3090239 360945 360945 3451184 2268254 108420 108420 2159834 59147 59147 2218981 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 organization's tax-exempt purpose may be subject to taxation as unrelated business income. The organization had no income from unrelated business activities in 2021 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 MemoryCare's operations. Pt XI, Line 4b Endowment interest, dividends and stock trading realized gains $360,945 X false false false false false false false false false Virginia Templeton MD 188074 0 0 0 0 0 7597 0 9483 0 205154 0 0 0 Carlton D Johnson MD 173373 0 0 0 0 0 7395 0 18460 0 199228 0 0 0 X 8 26529 Stock Market Value X Program and office supplies 18 7084 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 MemoryCare's 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 1023 is available upon request. Pt VI, Line 19 Governing documents, conflict of interest policy and audited financial statements are made available upon request.