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.
Public Charity
MemoryCare Inc
MemoryCare Inc is a Public Charity headquartered in Asheville, NC. Financial data from the 2025 filing: $4.1M revenue, $3.3M expenses, $18.3M total assets. 61 publicly reported grants to this organization, totaling roughly $2.0M, appear in IRS filings.
EIN: 562178294
Asheville, NC
Community Clinics
NTEE: E32
Latest filing: 2025
Total Revenue$4.1M
Total Expenses$3.3M
Total Assets$18.3M
Grant Records61
Funding Total$2.0M
Filing Years2021–2025
Where $100 goes at MemoryCare Inc
How MemoryCare Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$86
Programs
the work itself
$9
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $86 for programs
$29
MemoryCare provides community-based outpatient services using an integrated model of care for people with dementia and that includes families throughout their care
$29
Our educational programming is designed to offer information about dementia and dementia related topics, caregiving, and aging-related health issues
$28
Our caregiver support services include peer support groups offered weekly in a virtual setting
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
HUMAN SERVICES
$25,000
PROMOTING QUALITY HEALTH
$122,144
$91,550
For grant recipient's exempt purposes
$66,000
Disaster relief/recovery
$55,000
Showing up to 5 of 61 total records — full history available with membership.
Officers & Directors
Employee
Amy Cohen Md
Board Member
Candy Shivers
Employee
Carlton D Johnson Md
Executive Director
Christine Gulden Mhp
Board Member
David Whilden
Employee
Della Simon Md
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.1M | $3.3M | $18.3M |
| 2024 | $3.2M | $2.8M | $16.6M |
| 2023 | $3.2M | $2.5M | $15.7M |
| 2022 | $3.1M | $2.4M | $14.0M |
| 2021 | $3.5M | $2.2M | $15.0M |
Between 2021 and 2025, reported annual revenue grew from $3.5M to $4.1M (+20%), with total assets most recently reported at $18.3M.
Interactive year-over-year charts and full filing details available with membership.