Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 99-4230642

LG NEWCORP INC

Tax-exempt · LAWRENCE, MA 01841

Financials

$0$02023$308.2M$258.6M2024
Revenue Expenses · by fiscal year end
Financials of LG NEWCORP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$308,194,574$258,631,124$49,563,450$165,719,652$68,263,539$97,456,113
September 30, 2024990-EZ$0$0$0$0$0$0
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$173,612,635
Investment income
$107
Other revenue
$134,581,832

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$97,774,480
Salaries, compensation and benefits (total)
$125,086,935
Professional fundraising fees
$0
Legal fees
$389,498
Occupancy
$3,163,180
Travel
$1,018
Depreciation
$6,163,194
Program services (functional)
$167,331,169
Management and general (functional)
$91,299,955

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$165,719,652
Total liabilities, end of year
$68,263,539
Net assets, end of year
$97,456,113
Land, buildings and equipment
$80,767,655
Net assets without donor restrictions
$97,456,113
Gross unrelated business income
$336,374
Gross receipts
$308,194,574
Employees
1,566
Volunteers
3
Year formed
2024
State of legal domicile
MA

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ABHA AGRAWALPRESIDENT & CEO (UNTIL 02/2025)
Trustee or director, Officer
1$0$893,147$30,100
ROBIN HYNDSINTERIM PRESIDENT & CEO (02/2025 - 04/2025)
Officer
1$0$517,092$37,272
GEORGE KONDYLIS MDCHIEF PHYSICIAN EXECUTIVE AND CMO
Key employee
1$0$490,453$57,357
ANTHONY ALLEYCHIEF NURSE EXECUTIVE AND CQO
Key employee
1$0$480,074$48,977
LISA CRUTCHFIELDCORP ASST SEC/CHRO HR (UNTIL 04/2025)
Officer
1$0$370,877$32,731
WILLIAM SULLIVANFORMER OFFICER
Former
0$0$193,120$32,425
CYNTHIA FITZGERALDINTERIM CFO (UNTIL 12/2024)
Officer
1$0$179,850$0
CAROL POWERSSECRETARY/CLERK
Trustee or director, Officer
1$0$0$0
DIANA L RICHARDSONPRESIDENT & CEO (AS OF 04/2025)
Trustee or director, Officer
1$0$0$0
LAUREL SWEENEYTREASURER
Trustee or director, Officer
1$0$0$0
ROSEMARIE DAYCHAIRMAN
Trustee or director, Officer
1$0$0$0
JOHN H WHITLOCK JRSVP - CFO (AS OF 04/2025)
Officer
1$0$0$0
STEVE ROACHINTERIM CFO (12/2024 - 03/2025)
Officer
1$0$0$0
990-EZ for the year ended September 30, 2024: 5 people
NameTitleHours / weekCompensation
Abha AGRAWALPRESIDENT AND DIRECTOR15$0
CAROL POWERSCLERK AND DIRECTOR15$0
ROSEMARIE DAYDIRECTOR15$0
LAUREL SWEENEYTREASURER AND DIRECTOR15$0
DAN RIVERADIRECTOR15$0

Address and contacts

Address (IRS master file)
1 GENERAL ST, LAWRENCE, MA 01841-2961
In care of
% ROBIN HYNDS
Principal officer (990 for 2024)
DIANA L RICHARDSON, 1 GENERAL STREET, LAWRENCE, MA 018412961
Signed the 990
JOHN H WHITLOCK JR, CFO
Phone
(978) 683-4000
Return prepared by
BDO USA

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.

990 for the year ended September 30, 2025

Program accomplishments

  • INPATIENT HEALTHCARE SERVICES - PROVIDING INPATIENT SERVICES CONSISTENT WITH OUR CORE VALUES BY PROVIDING ACCESS TO COMPREHENSIVE, HIGH QUALITY, COMPASSIONATE, AND EFFICIENT HEALTHCARE SERVICES. MERRIMACK HEALTH METHUEN HOSPITAL AND MERRIMACK HEALTH HAVERHILL HOSPITAL MAKE UP TWO CAMPUSES THAT COMBINE TO MAKE A 310 BED HOSPITAL THAT PROVIDED 46,390 PATIENT DAYS OF INPATIENT SERVICES WITH 9,447 DISCHARGES DURING FY 2025.
    Expenses $57,211,881 · revenue $105,259,173
  • OUTPATIENT HEALTHCARE SERVICES - PROVIDING OUTPATIENT SERVICES CONSISTENT WITH OUR CORE VALUES BY PROVIDING ACCESS TO COMPREHENSIVE, HIGH QUALITY, COMPASSIONATE, AND EFFICIENT HEALTHCARE SERVICES. DURING FY 2025, MERRIMACK HEALTH METHUEN HOSPITAL AND MERRIMACK HEALTH HAVERHILL HOSPITAL MAKE UP TWO CAMPUSES THAT HAD 107,548 OUTPATIENT VISITS.
    Expenses $36,969,562 · revenue $68,017,088
  • OTHER PROGRAM SERVICE REVENUE PRIMARILY CONSISTS OF DSTI WAIVER FUNDS, AND SUPPLEMENTAL PAYMENT FROM EXECUTIVE OFFICE OF HEALTH AND HUMAN SERVICES.
    Expenses $73,149,726 · revenue $134,581,832

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 yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990-EZ on file

IRS record

EIN
99-4230642
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E22)
Assets (IRS master file)
$165,719,652
Income (IRS master file)
$308,194,574

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$308,194,574$258,631,124$165,719,652XML
990-EZSeptember 2024$0$0$0XML

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 99-4230642).

Questions about LG NEWCORP INC

What is the EIN of LG NEWCORP INC?
The employer identification number (EIN) of LG NEWCORP INC is 99-4230642.
Is LG NEWCORP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to LG NEWCORP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LG NEWCORP 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 LG NEWCORP INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LG NEWCORP INC 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 LG NEWCORP INC?
The 990 for the year ended September 30, 2025 names DIANA L RICHARDSON.
Who are the officers and directors of LG NEWCORP INC?
The 990 for the year ended September 30, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does LG NEWCORP INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $308,194,574, expenses of $258,631,124 and total assets of $165,719,652 at year end.

Other nonprofits in LAWRENCE

All nonprofits in LAWRENCE · Massachusetts · Health care