Public Charity

LAWRENCE MEMORIAL CORPORATION

LAWRENCE MEMORIAL CORPORATION, of NEW LONDON, CT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $556K in revenue, $7K in expenses, $87.7M in total assets.

EIN: 222553028 NEW LONDON, CT Fund Raising & Fund Distribution NTEE: E12 Latest filing: 2025
Total Revenue$556K
Total Expenses$7K
Total Assets$87.7M
Grant Records0
Filing Years2021–2025

Mission

LAWRENCE + MEMORIAL CORPORATION UPHOLDS, PROMOTES, AND FURTHERS THE WELFARE, PROGRAMS, AND ACTIVITIES OF LAWRENCE + MEMORIAL HOSPITAL, LMW HEALTHCARE (WESTERLY HOSPITAL), AND VISITING NURSE ASSOCIATION OF SOUTHEASTERN CONNECTICUT, INC.

Where $100 goes at Lawrence Memorial Corporation

How Lawrence Memorial Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$85
Lawrence + memorial corporation upholds, promotes, and furthers the welfare, programs, and activities of lawrence + memorial hospital, inc
All program spending
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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.

Officers & Directors

TRUSTEE Daniel Brannegan
TRUSTEE Daniel Gaccione
FORMER OFFICER Denise Fiore
TREASURER Gail Kosyla
TRUSTEE Gregory Ahern
TRUSTEE James Maynard

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $556K $7K $87.7M
2024 $4.5M $25K $86.8M
2023 $874K $31K $84.2M
2022 $2.4M $36K $81.3M
2021 $2.5M $1.0M $87.3M

Between 2021 and 2025, reported annual revenue declined from $2.5M to $556K (-78%), with total assets most recently reported at $87.7M.

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

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