Public Charity

MemoryCare Inc

MemoryCare Inc is a Public Charity headquartered in Asheville, NC. Financial data from the 2024 filing: $3.2M revenue, $2.8M expenses, $16.6M total assets. 59 publicly reported grants to this organization, totaling roughly $2.0M, appear in IRS filings.

EIN: 562178294 Asheville, NC Latest filing: 2024
Total Revenue$3.2M
Total Expenses$2.8M
Total Assets$16.6M
Grant Records59
Funding Total$2.0M
Filing Years2020–2024

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.

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

PROMOTING QUALITY HEALTH
$596,506 5 grants
HEALTH
$297,887 6 grants
MISSION SUPPORT
$142,930 3 grants
For grant recipient's exempt purposes
$100,900 2 grants
Support for Access to Primary and Mental Health Care - for older adults with cognitive impairment as well as support for caregivers.
$82,500 2 grants

Financial Trends

Year Revenue Expenses Assets
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
2020 $3.7M $2.1M $13.1M

Between 2020 and 2024, reported annual revenue declined from $3.7M to $3.2M (-13%), with total assets most recently reported at $16.6M.

Interactive year-over-year charts and full filing details available with membership.

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