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Nonprofit · EIN 83-4069643

MAGNOLIA MEMORY CARE INC

Tax-exempt · FORT MILL, SC 29708

Financials

$293K$264K2023$277K$373K2024
Revenue Expenses · by fiscal year end
Financials of MAGNOLIA MEMORY CARE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$276,624$373,398-$96,774$17,948$6,735$11,213
December 31, 2023990$293,166$263,995$29,171$130,560$19,412$111,148
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$53,218
Program service revenue
$221,299
Investment income
$27
Net income from fundraising events
$2,080
Other revenue
$2,080

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$51,800
Salaries, compensation and benefits (total)
$241,102
Professional fundraising fees
$13,200
Accounting fees
$6,352
Occupancy
$3,450
Travel
$10,661
Program services (functional)
$255,800
Management and general (functional)
$95,291
Fundraising (functional)
$22,307

Balance sheet and other

Total assets, start of year
$130,560
Total assets, end of year
$17,948
Total liabilities, end of year
$6,735
Net assets, end of year
$11,213
Net assets without donor restrictions
$11,213
Gross receipts
$285,068
Employees
6
Volunteers
18
Year formed
2019
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Susan BillExecutive Director
Trustee or director, Officer, Key employee, Highest-paid employee
40$51,800
Robert RittereiserBoard President
Trustee or director, Officer
0$0
Timothy PetrieTreasurer
Trustee or director, Officer
0$0
Tiffany McGuireSecretary
Trustee or director, Officer
0$0
Irene RaymanDirector
Trustee or director
0$0
Jenae ForsytheDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Susan BillExecutive Director
Trustee or director, Officer, Key employee, Highest-paid employee
40$46,800
Robert RittereiserBoard President
Trustee or director, Officer
0$0
Timothy PetrieTreasurer
Trustee or director, Officer
0$0
Tiffany McGuireSecretary
Trustee or director, Officer
0$0
Paul BillDirector
Trustee or director
0$0
Raquel TillmanDirector
Trustee or director
0$0
Gretchen NelliDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
1062 WOODLAKE LN, FORT MILL, SC 29708-8559
In care of
% SUSAN B BILL
Principal officer (990 for 2024)
Susan Bill, 2764 Pleasant Road, PMB 876, Fort Mill, SC 29708
Signed the 990
Susan Bill, Executive Director
Phone
(704) 840-2509

Mission

Provide compassionate care, caregiver respite, education, and spiritual support in a day program setting for those living with Alzheimer's and other related dementias.

990 for the year ended December 31, 2024

Program accomplishments

  • The Organization conducted a day program in multiple locations for >25 participants suffering from Alzheimer's and other dementias providing them with various therapies.
    Expenses $255,800 · revenue $221,299

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-4069643
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,948
Income (IRS master file)
$285,068

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$276,624$373,398$17,948IRS
990December 2023$293,166$263,995$130,560XML
990December 2022$218,646$183,581$69,954IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-4069643).

Questions about MAGNOLIA MEMORY CARE INC

What is the EIN of MAGNOLIA MEMORY CARE INC?
The employer identification number (EIN) of MAGNOLIA MEMORY CARE INC is 83-4069643.
Is MAGNOLIA MEMORY CARE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to MAGNOLIA MEMORY CARE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAGNOLIA MEMORY CARE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MAGNOLIA MEMORY CARE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAGNOLIA MEMORY CARE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MAGNOLIA MEMORY CARE INC?
The 990 for the year ended December 31, 2024 names Susan Bill.
Who are the officers and directors of MAGNOLIA MEMORY CARE INC?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $51,800 (Susan Bill, Executive Director).
How much revenue does MAGNOLIA MEMORY CARE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $276,624, expenses of $373,398 and total assets of $17,948 at year end.

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