Nonprofit · EIN 22-2553028
LAWRENCE AND MEMORIAL CORPORATION
Tax-exempt · NEW LONDON, CT 06320
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $556,374 | $6,817 | $549,557 | $87,719,408 | $0 | $87,719,408 |
| September 30, 2024 | 990 | $4,475,889 | $25,475 | $4,450,414 | $86,848,303 | $10,138 | $86,838,165 |
| September 30, 2023 | 990 | $874,078 | $31,052 | $843,026 | $84,169,733 | $7,353 | $84,162,380 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $555,357
- Net gain from sales of assets
- $420,629
- Other revenue
- $1,017
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $6,471
- Management and general (functional)
- $346
Balance sheet and other
- Total assets, start of year
- $86,848,303
- Total assets, end of year
- $87,719,408
- Total liabilities, end of year
- $0
- Net assets, end of year
- $87,719,408
- Land, buildings and equipment
- $5,430,002
- Publicly traded securities
- $8,310,532
- Net assets without donor restrictions
- $87,719,408
- Gross unrelated business income
- $1,017
- Gross receipts
- $1,263,690
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1912
- State of legal domicile
- CT
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GAIL KOSYLA | TREASURER Officer | 1 | $0 | $1,546,462 | $441,893 |
| WILLIAM ASELTYNE | SECR./TRUSTEE (CURRENT YR COMP) Trustee or director, Officer | 1 | $0 | $1,508,654 | $213,094 |
| RICHARD LISITANO | PRES./CEO/TRUSTEE (CURRENT YR COMP) Trustee or director, Officer | 1 | $0 | $926,427 | $332,998 |
| PATRICK L GREEN | FORMER OFFICER Former | 0 | $0 | $699,459 | $0 |
| WILLIAM ASELTYNE | SECR./TRUSTEE (VESTED DEFERRED) Trustee or director, Officer | 1 | $0 | $484,931 | $0 |
| RICHARD LISITANO | PRES./CEO/TRUSTEE (VESTED DEFERRED) Trustee or director, Officer | 1 | $0 | $288,987 | $0 |
| DENISE FIORE | FORMER OFFICER Former | 0 | $0 | $148,077 | $0 |
| STEPHEN ALLEGRETTO | FORMER OFFICER Former | 0 | $0 | $110,519 | $0 |
| SHANNA REELS | TRUSTEE Trustee or director | 1 | $0 | $14,598 | $0 |
| DANIEL GACCIONE | TRUSTEE Trustee or director | 1 | $0 | $3,750 | $0 |
| GREGORY AHERN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| TODD BLUE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL BRANNEGAN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| NICHOLAS FORTSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN HOLSTEIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN HOLT | CHAIR/TRUSTEE END DATE 12.6.24 Trustee or director, Officer | 1 | $0 |
| JAMES MAYNARD | TRUSTEE Trustee or director | 1 | $0 |
| MARIE PEAKMAN | CHAIR/VICE CHAIR/TRUSTEE AS OF 2.26 Trustee or director, Officer | 1 | $0 |
| VICTORIA REYES | TRUSTEE Trustee or director | 1 | $0 |
| ROCCO TIMPANO | TRUSTEE Trustee or director | 1 | $0 |
| REV CATHERINE ZALL | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GAIL KOSYLA | TREASURER Officer | 1 | $0 | $1,135,647 | $407,968 |
| WILLIAM ASELTYNE | SECRETARY/TRUSTEE (CY2023 COMP) Trustee or director, Officer | 1 | $0 | $1,257,485 | $193,425 |
| RICHARD LISITANO | PRESIDENT/CEO/TRUSTEE Trustee or director, Officer | 1 | $0 | $693,572 | $284,504 |
| PATRICK L GREEN | FORMER OFFICER/TRUSTEE (CY2023 COMP) Former | 0 | $0 | $616,803 | $219,082 |
| DENISE FIORE | FORMER SR. VP/COO Former | 0 | $0 | $547,749 | $0 |
| WILLIAM ASELTYNE | SECRETARY/TRUSTEE (VESTED DEFERRED) Trustee or director, Officer | 1 | $0 | $235,138 | $0 |
| STEPHEN ALLEGRETTO | FORMER SR. VP/CFO Former | 0 | $0 | $211,813 | $0 |
| PATRICK L GREEN | FORMER OFFICER/TRUSTEE (VESTED DEFERRED) Former | 0 | $0 | $157,810 | $0 |
| MAUREEN ANDERSON | FORMER OFFICER Former | 0 | $0 | $118,596 | $0 |
| DANIEL GACCIONE | TRUSTEE Trustee or director | 1 | $0 | $5,250 | $0 |
| GREGORY AHERN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| TODD BLUE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL BRANNEGAN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| NICHOLAS FORTSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN HOLSTEIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| KATHLEEN HOLT | CHAIR/TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMES MAYNARD | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MARIE PEAKMAN | VICE CHAIR/TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SHANNA REELS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| VICTORIA REYES | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ROCCO TIMPANO | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| REV CATHERINE ZALL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM ASELTYNE | TRUSTEE (VESTED DEFERRED) Trustee or director | 1 | $0 | $4,635,093 | $0 |
| WILLIAM ASELTYNE | TRUSTEE (CY2022 COMP) Trustee or director | 1 | $0 | $1,367,048 | $200,005 |
| PATRICK L GREEN | PRESIDENT/CEO/TRUSTEE Trustee or director, Officer | 1 | $0 | $1,085,252 | $372,127 |
| RICHARD LISITANO | PRESIDENT/CEO/TRUSTEE Trustee or director, Officer | 1 | $0 | $629,618 | $218,831 |
| STEPHEN ALLEGRETTO | FORMER SR. VP/CFO Former | 0 | $0 | $768,730 | $0 |
| DENISE FIORE | FORMER SR. VP/COO Former | 0 | $0 | $593,810 | $22,507 |
| JOSHUA MORRIS | TREASURER/SECRETARY Officer | 1 | $0 | $463,854 | $33,979 |
| MAUREEN ANDERSON | FORMER OFFICER Former | 0 | $0 | $350,438 | $34,181 |
| PRATHIBHA VARKEY | FORMER TRUSTEE Former | 0 | $0 | $361,875 | $0 |
| DANIEL GACCIONE | TRUSTEE Trustee or director | 1 | $0 | $14,175 | $0 |
| TODD BLUE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| NICHOLAS FORTSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| STEPHEN M GREENE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN HOLSTEIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| KATHLEEN HOLT | VICE CHAIR/TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMES MAYNARD | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JAMES MITCHELL | CHAIRMAN/TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARIE PEAKMAN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SHANNA REELS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| VICTORIA REYES | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| REV CATHERINE ZALL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 365 MONTAUK AVE, NEW LONDON, CT 06320-4700
- In care of
- % SETH VAN ESSENDELFT
- Principal officer (990 for 2024)
- RICHARD LISITANO, 365 MONTAUK AVENUE, NEW LONDON, CT 06320
- Signed the 990
- ARNIM DONTES, EVP & CFO, YNHHS
- Phone
- (203) 688-0580
- Website
- WWW.LMHOSPITAL.ORG
- Return prepared by
- KPMG LLP
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.
Program accomplishments
- LAWRENCE + MEMORIAL CORPORATION UPHOLDS, PROMOTES, AND FURTHERS THE WELFARE, PROGRAMS, AND ACTIVITIES OF LAWRENCE + MEMORIAL HOSPITAL, INC. AND LMW HEALTHCARE, INC. LAWRENCE + MEMORIAL CORPORATION ALSO PROVIDES OVERALL DIRECTION AND CONTROL TO ITS AFFILIATES. ITS PRINCIPAL ACTIVITIES INCLUDE SUPERVISING THE DEVELOPMENT AND INVESTMENT ACTIVITIES OF THESE AFFILIATED ENTITIES.Expenses $6,471
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 22-2553028
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1985
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E120)
- Assets (IRS master file)
- $87,719,408
- Income (IRS master file)
- $1,263,690
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $556,374 | $6,817 | $87,719,408 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $4,475,889 | $25,475 | $86,848,303 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $874,078 | $31,052 | $84,169,733 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $2,371,959 | $35,876 | $81,295,107 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | 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 22-2553028).
Questions about LAWRENCE AND MEMORIAL CORPORATION
- What is the EIN of LAWRENCE AND MEMORIAL CORPORATION?
- The employer identification number (EIN) of LAWRENCE AND MEMORIAL CORPORATION is 22-2553028.
- Is LAWRENCE AND MEMORIAL CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to LAWRENCE AND MEMORIAL CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does LAWRENCE AND MEMORIAL CORPORATION 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 LAWRENCE AND MEMORIAL CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAWRENCE AND MEMORIAL CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of LAWRENCE AND MEMORIAL CORPORATION?
- The 990 for the year ended September 30, 2025 names RICHARD LISITANO.
- Who are the officers and directors of LAWRENCE AND MEMORIAL CORPORATION?
- The 990 for the year ended September 30, 2025 lists 21 people; 0 received compensation from the organization.
- How much revenue does LAWRENCE AND MEMORIAL CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $556,374, expenses of $6,817 and total assets of $87,719,408 at year end.
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