2020-06-26T09:19:57-07:00 2019-12-31 CORLISS & SOLOMON PLLC 242 CHARLOTTE ST SUITE 1 ASHEVILLE NC 28801 990 2019-01-01 562178294 MemoryCare Inc MEMO 8287712219 100 Far Horizons Lane Asheville NC 28803 Virginia Templeton MD Executive Director 8287712219 2020-06-26 true Stephen C Corliss P01333317 8282360206 2020-06-26 68.115.150.214 2020-06-26 09:19:48 PD P 19C04C626763188D0587BF44A8570314E89B73C0 19C04C626763188D0587BF44A8570314E89B73C0 2019 2020-09-23 17:36:50Z Virginia Templeton MD 100 Far Horizons Lane Asheville NC 28803 2459138 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) 12 11 22 16 0 0 1495180 1470983 823397 868780 97492 111980 4604 7395 2420673 2459138 0 0 1270554 1414904 0 79188 318262 374560 1588816 1789464 831857 669674 9639747 10992403 34232 256558 9605515 10735845 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 1592651 0 868780 MemoryCare was established as a community-based, charitable non-profit organization to address the need for excellent dementia care for people with dementia that includes families throughout the process of their care. Now in our 20th year, we are nationally recognized pioneers in dementia care, supporting families since 2000. MemoryCare is an out-patient, consultative program with goal that all impacted by dementia can have the highest possible quality of life. We remain the only program in western North Carolina that integrates family support and education with the medical care of adults with dementia. Dementia is a chronic, progressive illness that currently has no cure or viable treatment. All with the disease will eventually require the help of others who need support and education to manage it well. Utilizing our multidisciplinary, holistic approach, our care teams provide diagnostic work-up, disease management planning, training and medical assistance to handle challenging behaviors, caregiver training, 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. MemoryCare staff is devoted to providing community education on dementia, caregiving, and aging-related health issues. We teach professional health care providers on these topics as well . . In 2019, MemoryCare provided comprehensive services to 1020 patients and 3372 caregivers. One hundred percent of caregivers surveyed expressed satisfaction with MemoryCare's Program and 100% said they would recommend MemoryCare to others. Families were seen in our Asheville office, rural satellite clinics in Burnsville and Waynesville, and through our home visit program in Buncombe County. Our community education and outreach efforts to students, community members, and healthcare professionals reached 2336 individuals and our family caregiver education program, "Caregiver College," reached 165 individuals in person and 57 through the online professional version. Our MemoryCaregivers Network continued to offer three peer caregiver support groups to all caregivers of a loved one with dementia in the community and our electronic newsletter was sent to over 2,700 individuals. We maintain a Resource Library for the public with information about dementia, dementia care, healthy aging, and more. 1592651 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 3 0 true 22 true false false false false false false false false false false false false false false false X 12 11 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 Gerald De Land President 3.00 X X 0 0 0 Rebekah Lowe CLC ACC Vice-President 3.00 X X 0 0 0 Tom Owens Treasurer 3.00 X X 0 0 0 Andrew Atherton Esq Board Member 2.00 X 0 0 0 Becky Anderson Board Member 2.00 X 0 0 0 David Key CPA Board Member 2.00 X 0 0 0 Caroline Knox Esq Board Member 2.00 X 0 0 0 Carol Lawrence Board Member 2.00 X 0 0 0 Janet Moore MPS APR Board Member 2.00 X 0 0 0 Claire Smith Board Member 2.00 X 0 0 0 Sharon Wilcox Moulds Board Member 2.00 X 0 0 0 Margaret Noel MD - Ex Officio Founder 40.00 X 88240 0 11968 Virginia Templeton MD Executive Director 60.00 X X X 162253 0 14929 Amy Cohen MD Employee 50.00 X 168169 0 11977 Thomas S Kaluzynski MD Employee 40.00 X 104023 0 4231 David C Johnson MD Employee 50.00 X 155915 0 32340 678600 0 75445 4 false true false 11496 1459487 38927 1470983 Patient Care Fees 621110 477673 0 0 Caregiver Fees 624100 385236 0 0 Other Clinical Revenue 621110 5871 0 0 868780 111980 0 111980 Miscellaneous 900099 7395 7395 0 0 7395 2459138 876175 0 111980 177182 134979 21857 20346 1052551 988415 27721 36415 30014 27458 1193 1363 70713 64656 2814 3243 84444 77180 3362 3902 11200 0 11200 0 7137 668 6469 0 29758 27279 1187 1292 27895 25495 1111 1289 11811 10795 470 546 2610 2610 0 0 164329 147896 16433 0 38454 37557 416 481 Development/Outreach 23852 11441 2257 10154 Resource Center/Support Group 3371 3371 0 0 Professional Development 19671 19671 0 0 Clinical Supplies 1368 1368 0 0 33104 11812 21135 157 1789464 1592651 117625 79188 108420 58644 837833 767219 100867 413698 99866 98625 45426 44411 3870706 316320 3707254 3554386 501159 1047803 4238922 5007617 9639747 10992403 34232 31022 225536 34232 256558 X 9397385 10008842 208130 727003 9605515 10735845 9639747 10992403 X 669674 650468 -189812 X false true X true false X 0 0 753872 1872277 1973565 1495180 1471983 7566877 710940 723136 762840 823397 868780 3889093 0 0 1464812 2595413 2736405 2318577 2340763 11455970 220000 715117 125000 122315 789990 1972422 0 220000 715117 125000 122315 789990 1972422 9483548 86875 94852 76326 94327 111980 464360 86875 94852 76326 94327 111980 464360 2382 1909 2028 4604 6395 17318 11937648 0.79440 0.83000 0.03890 0.03790 X Pt III Ln 12 Other Income Part III, Line 12 Description: Other Income 2015: 2382. 2016: 1909. 2017: 2028. 2018: 4604. 2019: 6395. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4238922 299895 766411 273487 24124 5007617 4475767 -213476 23369 4238922 4224298 250 624375 350000 23156 4475767 4664677 261401 677628 24152 4224298 4780052 22609 112149 25835 4664677 1.00000 true false false 0 0 3534988 183577 3351411 301125 128785 172340 34593 3958 30635 3554386 Government Money Fund 1047803 F 1047803 Funds with the Community Foundation of Western North Carolina 5007617 5007617 X 3255338 650468 145732 796200 2459138 2459138 1935196 145732 145732 1789464 1789464 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 2019 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. X false false false false false false false false false Virginia Templeton MD 162253 0 0 0 0 0 6564 0 8365 0 177182 0 0 0 Amy Cohen MD 168169 0 0 0 0 0 2935 0 9042 0 180146 0 0 0 David C Johnson MD 155915 0 0 0 0 0 6990 0 25350 0 188255 0 0 0 X 7 36635 Fair Market Value X Various program and office products 19 2292 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 1023 and 990 are made available upon request. Pt VI, Line 19 Governing documents, conflict of interest policy and audited financial statements are made available upon request. The Form 990 is available on the GuideStar website. Pt XI The Organization has adopted the new standard for revenue recognition for calendar 2019, with retrospective application to 2018. Accordingly, the summarized prior period comparative statements for 2018 have been adjusted, resulting in an $189,812 increase in deferred revenue and a corresponding decrease in net assets without donor restrictions on the 2018 statement of financial position.