Keep Memory Alive in Las Vegas, Nevada (NV)

Keep Memory Alive
Employer Identification Number (EIN)	880515534
Name of Organization	Keep Memory Alive
In Care of Name	Larry Ruvo
Address	888 W Bonneville Ave, Las Vegas, NV 89106-0100
Subsection	Charitable Organization
Ruling Date	10/1928
Deductibility	Contributions are deductible
Foundation	Hospital or medical research organization
Organization	Association
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2010
Assets	$50,000,000 to greater
Income	$10,000,000 to $49,999,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$56,263,622
Amount of Income	$9,409,860
Form 990 Revenue Amount	$9,409,860
National Taxonomy of Exempt Entities (NTEE)	Health - General and Rehabilitative: Health Treatment Facilities, Primarily Outpatient

Non-representatives - add comments:

Amount of income in 2010: $9,409,860

Keep Memory Alive:	$9,409,860
Other organizations performing similar types of work:	$1,502,020

Assets in 2010: $56,263,622

This organization:	$56,263,622
Other organizations performing similar types of work:	$1,795,974

Expenses in 2007: $1,712,743

Keep Memory Alive:	$1,712,743
Other organizations performing similar types of work:	$329,396

Income to expenses ratio in 2007: 5.5

This organization:	5.5
Other organizations performing similar types of work:	1.0

Expenses allocated to program services in 2007: 60.8%

This organization:	60.8%
Other organizations performing similar types of work:	60.8%

Number of employees in 2007: 12

Keep Memory Alive:	12
Other organizations performing similar types of work:	12

Employees paid over $50,000 in 2007: 8.3%

Keep Memory Alive:	8.3%
Other organizations performing similar types of work:	8.3%

Grants share in income in 2007: 17.5%

This organization:	17.5%
Other organizations performing similar types of work:	80.4%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

	2006	2007
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$22,151,713	$9,409,860
Contributions, gifts, grants, and similar amounts received	$19,250,161	$1,650,504
Contributions to donor advised funds	$0	$0
Direct public support	$16,395,161	$1,650,504
Indirect public support	$0	$0
Government contributions (grants)	$2,855,000	$0
Program service revenue including government fees and contracts	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$26,853	$2,942,743
Dividends and interest from securities	$2,873,869	$5,360
Net rental income or (loss)	$0	$0
Gross rents	$0	$0
Less: rental expenses	$0	$0
Other investment income	$0	$0
Gain or (loss) from sales of assets other than inventory	$830	$0
Gross amount from sales of assets other than inventory	$14,525,900	$0
Less: cost or other basis and sales expenses	$14,525,070	$0
Net income or (loss) from special events and activities	$0	$4,811,253
Gross revenue	$3,563,945	$6,075,248
Less: direct expenses other than fundraising expenses	$3,563,945	$1,263,995
Gross profit or (loss) from sales of inventory	$0	$0
Gross sales of inventory, less returns and allowances	$0	$0
Less: cost of goods sold	$0	$0
Other revenue	$0	$0
Total expenses	$2,807,187	$1,712,743
Program services	$581,853	$1,041,354
Management and general	$2,160,860	$331,855
Fundraising	$64,474	$339,534
Payments to affiliates	$0	$0
Net assets or fund balances at end of year	$61,312,850	$56,263,622
Excess or (deficit) for the year	$19,344,526	$7,697,117
Net assets or fund balances at beginning of year	$41,968,324	$61,312,850
Other changes in net assets or fund balances	$0	$-12,746,345

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2007)
Total functional expenses	$1,712,743	$1,041,354	$331,855	$339,534
Grants paid from donor advised funds		$0
Other grants and allocations		$414,724
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$61,500	$61,500	$0	$0
Compensation of former officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$151,389	$0	$151,389	$0
Pension plan contributions not included above	$0	$0	$0	$0
Employee benefits not included above	$0	$0	$0	$0
Payroll taxes	$0	$0	$0	$0
Professional fundraising fees	$0	$0	$0	$0
Accounting fees	$31,016	$0	$31,016	$0
Legal fees	$55,265	$0	$55,265	$0
Supplies	$48,328	$0	$26,708	$21,620
Telephone	$14,061	$0	$14,061	$0
Postage and shipping	$14,814	$0	$0	$14,814
Occupancy	$26,265	$26,265	$0	$0
Equipment rental and maintenance	$313	$313	$0	$0
Printing and publications	$159,864	$0	$574	$159,290
Travel	$154,309	$142,569	$0	$11,740
Conferences, conventions, and meetings	$23,793	$23,793	$0	$0
Interest	$734	$0	$734	$0
Depreciation, depletion, etc.	$11,771	$0	$11,771	$0
Other expenses not covered above	$544,597	$372,190	$40,337	$132,070

	2006	2007
Balance Sheets
Total assets	$139,904,699	$139,837,726
Cash - non-interest-bearing	$0	$22,211,795
Savings and temporary cash investments	$3,797,299	$0
Accounts receivable less allowance for doubtful accounts	$0	$412,846
Pledges receivable less allowance for doubtful accounts	$17,742,853	$9,063,202
Grants receivable	$0	$0
Receivables from current and former officers, directors, trustees, and key employees	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0
Other notes and loans receivable less allowance for doubtful accounts	$270,000	$270,000
Inventories for sale or use	$0	$0
Prepaid expenses and deferred charges	$0	$47,887
Investments - publicly-traded securities	$92,104,155	$43,266,659
Investments - other securities	$0	$0
Investments - land, buildings, and equipment less accumulated depreciation	$0	$0
Investments - other	$0	$0
Land, buildings, and equipment less accumulated depreciation	$23,544,955	$63,049,335
Other assets, including program-related investments	$2,445,437	$1,516,002
Total liabilities	$78,591,849	$83,574,104
Accounts payable and accrued expenses	$4,591,849	$2,601,402
Grants payable	$0	$0
Deferred revenue	$0	$0
Loans from officers, directors, trustees, and key employees	$0	$0
Tax-exempt bond liabilities	$0	$0
Mortgages and other notes payable	$0	$146,803
Other liabilities	$74,000,000	$80,825,899
Total liabilities and net assets/fund balances	$139,904,699	$139,837,726
Total net assets or fund balances	$61,312,850	$56,263,622

	2006	2007
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$22,151,713	$9,409,860
Total revenue, gains, and other support per audited financial statements	$22,197,359	$9,169,343
Other expenses	$49,392	$-240,517
Net unrealized gains on investments	$0	$-240,517
Donated services and use of facilities	$49,392	$0
Recoveries of prior year grants	$0	$0
Other	$0	$0
Other revenue	$3,746	$0
Investment expenses	$0	$0
Other	$3,746	$0

	2006	2007
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$2,807,187	$1,712,743
Total expenses and losses per audited financial statements	$2,856,579	$1,712,743
Other revenue	$49,392	$0
Donated services and use of facilities	$49,392	$0
Prior year adjustments	$0	$0
Losses	$0	$0
Other	$0	$0
Other expenses	$0	$0
Investment expenses	$0	$0
Other	$0	$0

Average hours per week devoted to position	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
Current Officers, Directors, Trustees, and Key Employees
40	$61,500	$0	$0

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	23
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	Yes
Does the organization have a written conflict of interest policy?	No

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	Yes
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	Yes
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	12

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2007)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$0		$2,948,103	$4,811,253
Program service revenue
Program service revenue 1	000000	$0	00	$0	$0
Program service revenue 2	000000	$0	00	$0	$0
Program service revenue 3	000000	$0	00	$0	$0
Program service revenue 4	000000	$0	00	$0	$0
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$2,942,743	$0
Dividends and interest from securities	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$5,360	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	00	$0	$0
Net income or (loss) from special events	000000	$0	00	$0	$4,811,253
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$0
Other revenue	000000	$0	00	$0	$0

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
	0%	$0	$0
	0%	$0	$0
	0%	$0	$0
	0%	$0	$0

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0

Total number of other employees paid over $50,000	0

Total number of other employees paid over $50,000

Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities	$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?	No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?	No
Did the organization maintain any donor advised funds?	No
Did the organization make any taxable distributions under section 4966?	No
Did the organization make a distribution to a donor, donor advisor, or related person?	No
The total number of donor advised funds owned at the end of the tax year	$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	Organization that receives a substantial part of its support from a governmental unit or from the general public

	2005	2006
Support Schedule
Total	$19,670,820	$25,714,828
Gifts, grants, and contributions received	$16,362,821	$19,250,161
Membership fees received	$0	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$2,406,947	$3,563,945
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$901,052	$2,900,722
Net income from unrelated business activities not included above	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0
Other income	$0	$0

Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Keep Memory Alive	888 W Bonneville Ave, Las Vegas, NV 89106-0100	NV	1928-10	$9,409,860
2	Minnesota Aids Project	1400 Park Ave, Minneapolis, MN 55404-1550	MN	1985-07	$4,522,158
3	Medina Hospital Foundation	1000 E Washington St, Medina, OH 44256-2170	OH	1928-10	$1,957,177
4	Provena Laverna Terrace	19065 Hickory Creek Dr Ste 310, Mokena, IL 60448-8598	IL	1946-03	$1,502,020
5	Lou Ruvo Brain Institute	888 W Bonneville Ave, Las Vegas, NV 89106-0100	NV	1928-10	$45,503
6	Volunteer Ambulatory Surgical Access Program Inc	740 S New Street, Dover, DE 19904-3571	DE	1998-07	$100
7	Cleveland Clinic Childrens Hospital For Rehabilitation	6801 Brecksville Road-Suite 20-Rk15, Independence, OH 44131-5032	OH	1928-10	$0
8	Cleveland Clinic Fl Health Care Venture, Cleveland Clnc Fl Hlth Care Venture	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-10	$0
9	Cleveland Clinic Florida A Nonprofit Corporation	2950 Cieveland Clinic Blvd, Weston, FL 33331	FL	1928-10	$0
10	Cleveland Clinic Florida Health System Nonprofit Corporation	6801 Brecksville Rd Rk1-85, Independence, OH 44131-5032	OH	1928-10	$0
11	Cleveland Clinic Florida Pharmacy Services Nonprofit Corporation, Cleveland Clinic Florida	2950 Cleveland Clinic Blvd, Weston, FL 33331-3625	FL	1928-10	$0
12	Cleveland Clinic Foundation, Cleveland Clinic Subacute Services	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-10	$0
13	Cleveland Clinic Health System Western Region	6801 Brecksville Rd Rk1-85, Independence, OH 44131-5032	OH	1928-10	$0
14	Cleveland Clinic Home Care	6801 Brecksville Road-Suite 20-Rk15, Independence, OH 44131-5032	OH	1928-10	$0
15	Cleveland Clinic Home Care Services	6801 Brecksville Road-Suite 20-Rk15, Independence, OH 44131-5032	OH	1928-10	$0
16	Cleveland Clinic Medical Services Inc	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-10	$0
17	Cleveland Clinic Research Foundation	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-10	$0
18	Coronary Club	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-10	$0
19	Lord Foundation Of Ohio	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-10	$0
20	Pediatric Medical Management Inc	6801 Brecksville Road-Suite 20-Rk15, Independence, OH 44131-5032	OH	1928-10	$0

Number of organizations performing similar types of work

Delaware	1
Florida	2
Illinois	1
Minnesota	1

Nevada	2
New York	1
Ohio	18

Total

Affiliation	Name	Address	State	Established	Total Income
20 biggest affiliated organizations
Central	The Cleveland Clinic Foundation	6801 Brecksville Rd Rk1-85, Independence, OH 44131-5032	OH	1928-10	$6,008,512,667
Subordinate	Cleveland Clinic Foundation, Group Return	9500 Euclid Avenue No Jj19, Cleveland, OH 44195-0001	OH	1928-10	$8,860,672,869
Subordinate	Medina Hospital	1000 E Washington St, Medina, OH 44256-2170	OH	1928-10	$90,564,136
Subordinate	Keep Memory Alive	888 W Bonneville Ave, Las Vegas, NV 89106-0100	NV	1928-10	$9,409,860
Subordinate	Medina Hospital Foundation	1000 E Washington St, Medina, OH 44256-2170	OH	1928-10	$1,957,177
Subordinate	Lou Ruvo Brain Institute	888 W Bonneville Ave, Las Vegas, NV 89106-0100	NV	1928-10	$45,503
Subordinate	Cleveland Clinic Educational Foundation	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-10	$0
Subordinate	Ccf Hotel Services Inc	6801 Brecksville Rd Rk1-85, Independence, OH 44131-5032	OH	1928-10	$0
Subordinate	Cleveland Clinic Health System East Region	6801 Brecksville Rd, Independence, OH 44131-5032	OH	1928-10	$0
Subordinate	Fairview Hospital	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-10	$0
Subordinate	Lakewood Hospital Association	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-10	$0
Subordinate	Lutheran Hospital	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-01	$0
Subordinate	Marymount Hospital Inc	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1946-03	$0
Subordinate	Cleveland Clinic Medical Services Inc	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-10	$0
Subordinate	Ccf Lyndhurst Property Corp	9500 Euclid Ave H 18, Cleveland, OH 44195-0002	OH	1928-10	$0
Subordinate	Ccf Lyndhurst Property Ii Corp	9500 Euclid Ave H 18, Cleveland, OH 44195-0002	OH	1928-10	$0
Subordinate	Cleveland Clinic Childrens Hospital For Rehabilitation	6801 Brecksville Road-Suite 20-Rk15, Independence, OH 44131-5032	OH	1928-10	$0
Subordinate	Cleveland Clinic Fl Health Care Venture, Cleveland Clnc Fl Hlth Care Venture	6801 Brecksville Rd Rk-85, Independence, OH 44131-5032	OH	1928-10	$0
Subordinate	Cleveland Clinic Florida Foundation Nonprofit Corporation	6801 Brecksville Rd Rk1-85, Independence, OH 44131-5032	OH	1928-10	$0
Subordinate	Cleveland Clinic Health System Western Region	6801 Brecksville Rd Rk1-85, Independence, OH 44131-5032	OH	1928-10	$0

Number of affiliated organizations

Florida	2
Nevada	2

Ohio