Public Charity

LG NEWCORP INC

LG NEWCORP INC is a nonprofit organization categorized as Public Charity based in LAWRENCE, MA. Its most recent IRS filing (2025) reports revenue of $308.2M, expenses of $258.6M, total assets of $165.7M.

EIN: 994230642 LAWRENCE, MA General Hospitals NTEE: E22 Latest filing: 2025
Total Revenue$308.2M
Total Expenses$258.6M
Total Assets$165.7M
Grant Records0
Filing Years2024–2025

Mission

TO OPERATE AND MAINTAIN AN ACUTE CARE GENERAL HOSPITAL. PROVIDE APPROPRIATE HOSPITAL AND OTHER RELATED HEALTH SERVICES TO ALL PATIENTS REGARDLESS OF RACE, COLOR, CREED OR NATIONAL ORIGIN. PROVIDE ACCESS TO MEDICALLY NECESSARY SERVICES FOR AREA RESIDENTS REGARDLESS OF ABILITY TO PAY. ASSURE THE ONGOING PROCESS OF CONTINUOUSLY IMPROVING PATIENT CARE QUALITY.

Where $100 goes at Lg Newcorp Inc

How Lg Newcorp Inc divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.

$65 Programs the work itself
$35 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 $65 for programs

$29
Other program service revenue primarily consists of dsti waiver funds, and supplemental payment from executive office of health and human services
44% of program spending
$22
Inpatient healthcare services
34% of program spending
$14
Outpatient healthcare services
22% of program spending · Reported in the filing: 107,548 visits
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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

PRESIDENT & CEO (UNTIL 02/2025) Abha Agrawal
CHIEF NURSE EXECUTIVE AND CQO Anthony Alley
SECRETARY/CLERK Carol Powers
INTERIM CFO (UNTIL 12/2024) Cynthia Fitzgerald
PRESIDENT & CEO (AS OF 04/2025) Diana L Richardson
CHIEF PHYSICIAN EXECUTIVE AND CMO George Kondylis Md

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $308.2M $258.6M $165.7M
2024 — — —

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

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