Memorycare INC FY2022 filing

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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.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-2178294) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$789K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $889K a year · 26% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
86% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$789K
to officers and key staff · 32% of spending
Pay to officers and key staff is 32% of spending.
Part VII, Section A
3.3 mo
of spending, in cash
Plus $1.3M in investments, Pt X · Ln 11–13
3.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$249K
2% of total assets
Liabilities are 2% of assets.
Pt X · Ln 26
Independent board members
11
of 11 voting members
11 of 11 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$3.1M
-11% vs prior year
Spent
$2.4M
To programs
86%
Net assets
$13.7M
By yearFY2020–FY2025
Revenue
$3.1M
FY2022▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.7M
FY2021$3.5M
FY2022$3.1M
FY2023$3.2M
FY2024$3.2M
FY2025$4.1M
Expenses
$2.4M
FY2022▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.1M
FY2021$2.2M
FY2022$2.4M
FY2023$2.5M
FY2024$2.8M
FY2025$3.3M
Net assets
$13.7M
FY2022▼ -7%
Tap a bar for its year
Net assets by fiscal year
FY2020$12.9M
FY2021$14.7M
FY2022$13.7M
FY2023$15.4M
FY2024$16.4M
FY2025$18.0M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $2.1M Management & general 10% · $234K Fundraising 5% · $119K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $789K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$210,000Pt VII · Sec A
$170,245Pt VII · Sec A
Employee
$143,316Pt VII · Sec A
Employee
$141,058Pt VII · Sec A
$124,409Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Erin Gordon DO’s $174K as Associate Medical Director is at the 63rd percentile of top reported officer pay among 3128 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Virginia Templeton MD——$214,714$210,000$188,074$189,382
Erin Gordon DO$174,216$161,473————
Carlton D Johnson MD$112,824$160,469$165,944$170,245$173,373$170,282
Amy Cohen MD$161,988$152,251———$159,997
Margaret Noel Morris MD - Ex Offici$111,382$161,228$130,077———
Della Simon MD$158,586$151,916————
Della Simon——$149,474$141,058——
Amy Cohen——$146,260$143,316——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Memorycare INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports older adults with cognitive loss and their caregivers through specialized care and education.

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3 programs · $2.1M · in their own filed words · FY2022
01

MemoryCare was established as a community-based, charitable non-profit organization to address the need for integrated care for people with dementia that includes families throughout the process of their care.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-2178294) · Dispute this line
$2.1Mprogram expense
02

42% of clients were low income by federal poverty standards. 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.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-2178294) · Dispute this line
Pt IX · Ln 25 · col B
03

Utilizing a multidisciplinary, our care teams provide diagnostic work-up, disease management planning,training and medical assistance to handle challenging behaviors and safety concerns, and caregiver education, counseling, and support.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-2178294) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$25K
Grants paid · 2 grants · $174K · 2025–2025
Unitemized GrantFY2025$159,555
Unitemized GrantFY2025$14,678

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.1M
Ln 12
Gifts and grantsLn 1h$1.6M
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$359K
Money outPt IX
$2.4M
Ln 25
Programscol B$2.1M
Managementcol C$234K
Fundraisingcol D$119K
Owns and owesPt X
$13.7M
net assets · Ln 32
Cash and savingsLn 1–2$680K
Total assetsLn 16$14.0M
LiabilitiesLn 26$249K
PeoplePt VI, VII
16
listed · VII A
PaidVII A5
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Government grantsLn 1e$135K
Noncash giftsLn 1g$15K
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$359K
Other incomeLn 4–11$19K
Gains on assetsLn 7$186K
Total revenueLn 12$3.1M
Assets in detailPt X, end of year
CashLn 1$507K
SavingsLn 2$172K
Cash and savings togetherLn 1–2$680K
Pledges and grants receivableLn 3$233K
Accounts receivableLn 4$60K
Prepaid expenses and deferred chargesLn 9$55K
Land, buildings, equipmentLn 10c$3.1M
InvestmentsLn 11–13$1.3M
Other assetsLn 15$8.5M
Total assetsLn 16$14.0M
LiabilitiesLn 26$249K
Net assetsLn 32$13.7M
OperationsPt I, VI
EmployeesI 530
VolunteersI 618
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$64K
Share of the $8.5M endowmentSch D 1g0.75%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY22FY21FY20FY19FY18
End of yearLn 1g$8.5M$8.9M$7.3M$5.0M$4.2M
AddedLn 1b$961K$693K$1.5M$300K
SpentLn 1d–1f$64K$59K$44K$298K$23K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.0M$680K
InvestmentsLn 11–13$1.6M$1.3M
Land, buildings, equipmentLn 10c$3.3M$3.1M
Total assetsLn 16$15.0M$14.0M
LiabilitiesLn 26$279K$249K
Net assetsLn 32$14.7M$13.7M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$229K$160K$34K$34K
Other salaries and wagesLn 7$1.4M$1.3M$46K$55K
Pension plan contributionsLn 8$44K$41K$1K$2K
Other employee benefitsLn 9$109K$99K$4K$5K
Payroll taxesLn 10$116K$104K$6K$6K
Accounting feesLn 11c$13K$0$13K$0
Investment management feesLn 11f$64K$0$64K$0
Other fees for servicesLn 11g$54K$53K$784$0
Office expensesLn 13$37K$34K$2K$2K
Information technologyLn 14$36K$34K$945$953
OccupancyLn 16$20K$14K$5K$833
TravelLn 17$3K$3K$0$0
Depreciation, depletion and amortizationLn 22$166K$150K$17K$0
InsuranceLn 23$45K$44K$288$324
Other expenses (24a–d)Ln 24$59K$43K$4K$13K
All other expensesLn 24e$43K$8K$36K$150
Total functional expensesLn 25$2.4M$2.1M$234K$119K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Aug 3, 2026 $4.1M$3.3M$884K$18.0M 990 PDF
FY2024Filed with the IRS Aug 14, 2025 $3.2M$2.8M$400K$16.4M 990 PDF
FY2023Filed with the IRS Oct 21, 2024 $3.2M$2.5M$632K$15.4M 990 PDF
FY2022 ViewingFiled with the IRS Jul 31, 2023 $3.1M$2.4M$636K$13.7M 990 PDF
FY2021Filed with the IRS Jul 13, 2022 $3.5M$2.2M$1.2M$14.7M 990 PDF
FY2020Filed with the IRS Jul 23, 2021 $3.7M$2.1M$1.5M$12.9M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants J · Pay O · Explanations
See the full FY2022 990
Part I · Summary $3,073,049 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,061,160$1,581,323
I-9 Program service revenuePrior year $1,003,655$1,113,652
I-10 Investment incomePrior year $363,189$359,299
I-11 Other revenuePrior year $23,180$18,775
I-12 Total revenuePrior year $3,451,184$3,073,049
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,729,171$1,896,689
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $489,810$540,692
I-18 Total expensesPrior year $2,218,981$2,437,381
I-19 Revenue less expensesPrior year $1,232,203$635,668
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,073,049 across 10 lines filed
VIII-1a Federated campaigns$4,950
VIII-1e Government grants$135,373
VIII-1f All other contributions, gifts and grants$1,441,000
VIII-1g Noncash contributions (included above)$15,173
VIII-1h Total contributions, gifts and grants$1,581,323
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$1,113,652
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $172,956$172,956
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $186,343$186,343
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $18,775 · Unrelated business $0 · Excluded from tax $0$18,775
VIII-12 Total revenueRelated to mission $1,132,427 · Unrelated business $0 · Excluded from tax $359,299$3,073,049
Part IX · Statement of functional expenses $2,437,381 across 16 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $160,202 · Management $34,329 · Fundraising $34,329$228,860
IX-7 Other salaries and wagesPrograms $1,297,191 · Management $46,098 · Fundraising $55,194$1,398,483
IX-8 Pension plan contributionsPrograms $41,158 · Management $1,266 · Fundraising $1,562$43,986
IX-9 Other employee benefitsPrograms $99,406 · Management $4,445 · Fundraising $5,107$108,958
IX-10 Payroll taxesPrograms $104,481 · Management $5,632 · Fundraising $6,289$116,402
IX-11c Accounting feesPrograms $0 · Management $13,320 · Fundraising $0$13,320
IX-11f Investment management feesPrograms $0 · Management $63,898 · Fundraising $0$63,898
IX-11g Other fees for servicesPrograms $53,387 · Management $784 · Fundraising $0$54,171
IX-13 Office expensesPrograms $33,722 · Management $1,595 · Fundraising $1,634$36,951
IX-14 Information technologyPrograms $33,888 · Management $945 · Fundraising $953$35,786
IX-16 OccupancyPrograms $13,840 · Management $5,173 · Fundraising $833$19,846
IX-17 TravelPrograms $3,013 · Management $0 · Fundraising $0$3,013
IX-22 Depreciation, depletion and amortizationPrograms $149,627 · Management $16,625 · Fundraising $0$166,252
IX-23 InsurancePrograms $44,008 · Management $288 · Fundraising $324$44,620
IX-24 Other expenses (24a–d)Programs $42,677 · Management $3,874 · Fundraising $12,903$59,454
IX-24e All other expensesPrograms $7,692 · Management $35,539 · Fundraising $150$43,381
IX-25 Total functional expensesPrograms $2,084,292 · Management $233,811 · Fundraising $119,278$2,437,381
Part X · Balance sheet $13,991,458 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $635,197$507,437
X-2 Savings and temporary cash investmentsStart of year $375,838$172,375
X-3 Pledges and grants receivableStart of year $62,818$233,321
X-4 Accounts receivableStart of year $112,559$59,836
X-9 Prepaid expenses and deferred chargesStart of year $49,820$55,393
X-10c Land, buildings and equipment, netStart of year $3,273,100$3,116,748
X-11 Publicly traded securities$108,690
X-12 Other securitiesStart of year $1,610,124$1,230,394
X-15 Other assetsStart of year $8,860,666$8,507,264
X-16 Total assetsStart of year $14,980,122$13,991,458
X-17 Accounts payable and accrued expensesStart of year $13,143$5,368
X-19 Deferred revenueStart of year $266,024$243,188
X-26 Total liabilitiesStart of year $279,167$248,556
X-27 Net assets without donor restrictionsStart of year $14,441,529$13,550,485
X-28 Net assets with donor restrictionsStart of year $259,426$192,417
X-32 Total net assets or fund balancesStart of year $14,700,955$13,742,902
X-33 Total liabilities and net assetsStart of year $14,980,122$13,991,458
Part XI · Reconciliation of net assets $13,742,902 net assets at year end
XI-1 Total revenue$3,073,049
XI-2 Total expenses$2,437,381
XI-3 Revenue less expenses$635,668
XI-4 Net assets at start of year$14,700,955
XI-5 Net unrealized gains (losses) on investments−$1,593,721
XI-10 Net assets at end of year$13,742,902

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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