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Nonprofit · EIN 06-0646704

LAWRENCE AND MEMORIAL HOSPITAL INC

Tax-exempt · NEW LONDON, CT 06320

Financials

$471.8M$464.8M2022$501.4M$493.3M2023$533.9M$521.2M2024
Revenue Expenses · by fiscal year end
Financials of LAWRENCE AND MEMORIAL HOSPITAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$533,941,525$521,180,163$12,761,362$482,319,114$146,113,954$336,205,160
September 30, 2024990$501,444,201$493,280,785$8,163,416$426,995,625$130,378,684$296,616,941
September 30, 2023990$471,777,121$464,752,849$7,024,272$425,702,458$144,667,565$281,034,893
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$2,904,865
of which government grants
$481,872
Program service revenue
$526,515,123
Investment income
$2,308,155
Net rental income
$655,938
Net gain from sales of assets
$1,748,235
Net income from fundraising events
-$21,069
Other revenue
$2,213,382

Expenses

Grants and similar amounts paid
$367,646
Compensation of officers, directors and key employees
$2,440,528
Other salaries and wages
$176,286,853
Salaries, compensation and benefits (total)
$221,961,437
Professional fundraising fees
$0
Legal fees
$314,199
Occupancy
$11,043,872
Travel
$280,111
Depreciation
$13,447,431
Program services (functional)
$473,663,642
Management and general (functional)
$47,260,292
Fundraising (functional)
$256,229

Balance sheet and other

Total assets, start of year
$426,995,625
Total assets, end of year
$482,319,114
Total liabilities, end of year
$146,113,954
Net assets, end of year
$336,205,160
Land, buildings and equipment
$238,344,506
Publicly traded securities
-$16,445,892
Net assets without donor restrictions
$299,762,620
Net assets with donor restrictions
$36,442,540
Gross unrelated business income
$11,885
Gross receipts
$539,163,568
Employees
2,743
Volunteers
178
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
GAIL KOSYLATREASURER
Officer
1$0$1,546,462$441,893
WILLIAM J ASELTYNESECR/TRUSTEE (CURRENT YR COMP)
Trustee or director, Officer
1$0$1,508,654$213,094
RICHARD LISITANOPRESIDENT/TRUSTEE (CURRENT YR COMP)
Trustee or director, Officer
32$741,142$185,285$332,998
OLIVER MAYORGAVP/CMO
Key employee
32$715,614$178,903$122,862
PATRICK L GREENFORMER OFFICER
Former
0$0$699,459$0
ANTHONY NOTOED PHYSICIAN
Highest-paid employee
40$616,079$0$36,011
BENJAMIN ARMSTRONGED PHYSICIAN
Highest-paid employee
40$586,445$0$44,331
CRAIG MITTLEMANED MEDICAL DIRECTOR
Highest-paid employee
40$531,313$0$76,889
MICHAEL JOSEPHED PHYSICIAN
Highest-paid employee
40$552,554$0$44,331
PETER WILLISED PHYSICIAN
Highest-paid employee
40$472,616$0$44,062
WILLIAM J ASELTYNESECR/TRUSTEE (VESTED DEFERRED)
Trustee or director, Officer
1$0$484,931$0
SHANNON CHRISTIANSVP/CNO
Key employee
40$333,004$0$40,293
RICHARD LISITANOPRESIDENT/TRUSTEE (VESTED DEFERRED)
Trustee or director, Officer
32$231,190$57,797$0
KERIN DACRUZFORMER KEY EMPLOYEE
Former
0$191,521$0$4,940
DENISE FIOREFORMER OFFICER
Former
0$0$148,077$0
14 more people on this return
NameTitleHours / weekCompensationFrom related orgs
STEPHEN ALLEGRETTOFORMER OFFICER
Former
0$0$110,519
SHANNA REELSTRUSTEE
Trustee or director
1$14,598$0
DANIEL GACCIONETRUSTEE
Trustee or director
1$0$3,750
F GREGORY AHERNTRUSTEE
Trustee or director
1$0$0
TODD BLUETRUSTEE
Trustee or director
1$0$0
DANIEL BRANNEGANTRUSTEE
Trustee or director
1$0$0
NICHOLAS FORTSONTRUSTEE
Trustee or director
1$0$0
JOHN HOLSTEINTRUSTEE
Trustee or director
1$0$0
KATHLEEN HOLTCHAIR/TRUSTEE
Trustee or director, Officer
1$0$0
JAMES MAYNARDTRUSTEE
Trustee or director
1$0$0
MARIE PEAKMANCHAIR/VICE CHAIR/TRUSTEE
Trustee or director, Officer
1$0$0
VICTORIA REYESTRUSTEE
Trustee or director
1$0$0
ROCCO TIMPANOTRUSTEE
Trustee or director
1$0$0
REV CATHERINE ZALLTRUSTEE
Trustee or director
1$0$0
990 for the year ended September 30, 2024: 30 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
GAIL KOSYLATREASURER
Officer
1$0$1,135,647$407,968
WILLIAM J ASELTYNESECR/TRUSTEE (CURRENT YR)
Trustee or director, Officer
1$0$1,257,485$193,425
RICHARD LISITANOPRESIDENT/TRUSTEE
Trustee or director, Officer
35$554,857$138,715$284,504
OLIVER MAYORGAVP/CMO
Key employee
35$667,025$166,756$122,210
PATRICK L GREENFORMER OFFICER (CURRENT YR)
Former
0$0$616,803$219,082
CRAIG MITTLEMANED MEDICAL DIRECTOR
Highest-paid employee
40$623,421$0$49,029
BENJAMIN ARMSTRONGED PHYSICIAN
Highest-paid employee
40$542,427$0$39,314
KERIN DACRUZVP/CNO TERM 2/2024
Key employee
40$521,644$0$37,743
DENISE FIOREFORMER OFFICER
Former
0$0$547,749$0
MICHAEL JOSEPHED PHYSICIAN
Highest-paid employee
40$504,738$0$39,314
PETER WILLISED PHYSICIAN
Highest-paid employee
40$423,267$0$38,949
NADER BAHADORYED PHYSICIAN
Highest-paid employee
40$404,436$0$35,905
SHANNON CHRISTIANSVP/CNO EFFECTIVE 4/2024
Key employee
40$250,905$0$28,294
WILLIAM J ASELTYNESECR/TRUSTEE (VESTED DEFERRED)
Trustee or director, Officer
1$0$235,138$0
STEPHEN ALLEGRETTOFORMER OFFICER
Former
0$0$211,813$0
PATRICK L GREENFORMER OFFICER (VESTED DEFERRED)
Former
0$0$157,810$0
MAUREEN ANDERSONFORMER OFFICER
Former
0$0$118,596$0
DANIEL GACCIONETRUSTEE
Trustee or director
1$0$5,250$0
F GREGORY AHERNTRUSTEE
Trustee or director
1$0$0$0
TODD BLUETRUSTEE
Trustee or director
1$0$0$0
DANIEL BRANNEGANTRUSTEE
Trustee or director
1$0$0$0
NICHOLAS FORTSONTRUSTEE
Trustee or director
1$0$0$0
JOHN HOLSTEINTRUSTEE
Trustee or director
1$0$0$0
KATHLEEN HOLTVICE CHAIR/TRUSTEE
Trustee or director, Officer
1$0$0$0
JAMES MAYNARDTRUSTEE
Trustee or director
1$0$0$0
MARIE PEAKMANTRUSTEE
Trustee or director, Officer
1$0$0$0
SHANNA REELSTRUSTEE
Trustee or director
1$0$0$0
VICTORIA REYESTRUSTEE
Trustee or director
1$0$0$0
ROCCO TIMPANOTRUSTEE
Trustee or director
1$0$0$0
REV CATHERINE ZALLTRUSTEE
Trustee or director
1$0$0$0
990 for the year ended September 30, 2023: 29 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
WILLIAM J ASELTYNETRUSTEE (VESTED DEFERRED)
Trustee or director
1$0$4,635,093$0
WILLIAM J ASELTYNETRUSTEE (CURRENT YR COMP)
Trustee or director
1$0$1,367,048$200,005
PATRICK L GREENPRESIDENT/TRUSTEE
Trustee or director, Officer
20$542,625$542,625$372,128
OLIVER MAYORGAVP/CMO
Key employee
28$551,814$236,492$111,646
RICHARD LISITANOPRESIDENT/TRUSTEE
Trustee or director, Officer
24$377,771$251,847$218,831
STEPHEN ALLEGRETTOFORMER OFFICER
Former
0$0$768,730$0
DENISE FIOREFORMER OFFICER
Former
0$0$593,810$22,507
CRAIG MITTLEMANED MEDICAL DIRECTOR
Highest-paid employee
40$552,873$0$35,787
BENJAMIN ARMSTRONGED PHYSICIAN
Highest-paid employee
40$513,487$0$35,953
MICHAEL JOSEPHED PHYSICIAN
Highest-paid employee
40$491,753$0$35,953
KERIN DACRUZVP/CNO
Key employee
38$481,538$0$35,342
JOSHUA MORRISTREASURER/SECRETARY/VP
Officer
20$231,927$231,927$33,978
ANTHONY NOTOED PHYSICIAN
Highest-paid employee
40$457,861$0$22,041
PETER WILLISED PHYSICIAN
Highest-paid employee
40$426,068$0$35,787
MAUREEN ANDERSONFORMER OFFICER
Former
0$0$350,438$34,181
PRATHIBHA VARKEYFORMER TRUSTEE
Former
0$0$361,875$0
NIALL DUHIGTRUSTEE
Trustee or director
1$0$33,070$0
DANIEL GACCIONETRUSTEE
Trustee or director
1$0$14,175$0
TODD BLUETRUSTEE
Trustee or director
1$0$0$0
NICHOLAS FORTSONTRUSTEE
Trustee or director
1$0$0$0
STEPHEN GREENETRUSTEE
Trustee or director
1$0$0$0
JOHN HOLSTEINTRUSTEE
Trustee or director
1$0$0$0
KATHLEEN HOLTVICE CHAIR/TRUSTEE
Trustee or director, Officer
1$0$0$0
JAMES MAYNARDTRUSTEE
Trustee or director
1$0$0$0
JAMES MITCHELLCHAIRMAN/TRUSTEE
Trustee or director, Officer
1$0$0$0
MARIE PEAKMANTRUSTEE
Trustee or director
1$0$0$0
SHANNA REELSTRUSTEE
Trustee or director
1$0$0$0
VICTORIA REYESTRUSTEE
Trustee or director
1$0$0$0
REV CATHERINE ZALLTRUSTEE
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
Return prepared by
KPMG LLP

Mission

TO IMPROVE THE HEALTH OF THE REGION AND TO PROVIDE HEALTHCARE SERVICES.

990 for the year ended September 30, 2025

Program accomplishments

  • SEE SCHEDULE O
    Expenses $473,663,642 · grants $367,646 · revenue $526,515,123

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 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
06-0646704
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
1937
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E220)
Assets (IRS master file)
$482,319,114
Income (IRS master file)
$539,163,568

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$533,941,525$521,180,163$482,319,114XML
990-TSeptember 2025–––IRS
990September 2024$501,444,201$493,280,785$426,995,625XML
990-TSeptember 2024–––IRS
990September 2023$471,777,121$464,752,849$425,702,458XML
990-TSeptember 2023–––IRS
990September 2022$461,794,793$442,738,204$456,988,884IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990-TSeptember 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 06-0646704).

Questions about LAWRENCE AND MEMORIAL HOSPITAL INC

What is the EIN of LAWRENCE AND MEMORIAL HOSPITAL INC?
The employer identification number (EIN) of LAWRENCE AND MEMORIAL HOSPITAL INC is 06-0646704.
Is LAWRENCE AND MEMORIAL HOSPITAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1937.
Are donations to LAWRENCE AND MEMORIAL HOSPITAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAWRENCE AND MEMORIAL HOSPITAL 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 LAWRENCE AND MEMORIAL HOSPITAL INC 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 HOSPITAL 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 LAWRENCE AND MEMORIAL HOSPITAL INC?
The 990 for the year ended September 30, 2025 names RICHARD LISITANO.
Who are the officers and directors of LAWRENCE AND MEMORIAL HOSPITAL INC?
The 990 for the year ended September 30, 2025 lists 29 people; 11 received compensation from the organization.
How much revenue does LAWRENCE AND MEMORIAL HOSPITAL INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $533,941,525, expenses of $521,180,163 and total assets of $482,319,114 at year end.

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