Overview
What is Lawrence Memorial Corporation?
Lawrence Memorial Corporation is a nonprofit organization located in New London, Connecticut, with an address at 365 Montauk Avenue, 06320. Its primary mission is to support, promote, and advance the welfare, programs, and activities of its affiliated entities, including Lawrence + Memorial Hospital, Inc., LMW Healthcare (Westerly Hospital), and Visiting Nurse Association of Southeastern Connecticut, Inc. By providing overall direction and control to these entities, Lawrence Memorial Corporation plays a crucial role in their development and investment activities.
Official website here: www.lmhospital.org
Is Lawrence Memorial Corporation legitimate?
Lawrence Memorial Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawrence Memorial Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lmhospital.org
What is the mission statement of Lawrence Memorial Corporation?
The Lawrence Memorial Corporation upholds, promotes, and advances the welfare, programs, and activities of its related entities. Specifically, it supports Lawrence + Memorial Hospital, LMW Healthcare (Westerly Hospital), and the Visiting Nurse Association of Southeastern Connecticut, Inc. By providing overall direction and control, Lawrence Memorial Corporation ensures the development and investment activities of these affiliates are managed effectively. In essence, its mission is to enhance the well-being and activities of these associated entities.
Official website here: www.lmhospital.org
Who is the CEO of Lawrence Memorial Corporation?
Richard Lisitano is the CEO of Lawrence Memorial Corporation The CEO's salary of Lawrence Memorial Corporation is $0 and their total compensation is $848,449.
Official website here: www.lmhospital.org
What is the revenue of Lawrence Memorial Corporation?
Lawrence Memorial Corporation's revenue in 2023 was $874,078.
Official website here: www.lmhospital.org
Who are the executives of Lawrence Memorial Corporation and what are their salaries?
There 11 volunteers at Lawrence Memorial Corporation.
Here are 21 key members and their salaries (Lawrence Memorial Corporation's CEO's salary is $0 and their total compensation is $848,449):
- Compensation: $0
- Related: $4,635,093
- Other: $0
- Compensation: $0
- Related: $1,367,048
- Other: $200,005
- Compensation: $0
- Related: $1,085,252
- Other: $372,127
- Compensation: $0
- Related: $629,618
- Other: $218,831
- Compensation: $0
- Related: $768,730
- Other: $0
- Compensation: $0
- Related: $593,810
- Other: $22,507
- Compensation: $0
- Related: $463,854
- Other: $33,979
- Compensation: $0
- Related: $350,438
- Other: $34,181
- Compensation: $0
- Related: $361,875
- Other: $0
- Compensation: $0
- Related: $14,175
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lmhospital.org
Where can I find the form 990 for Lawrence Memorial Corporation?
Lawrence Memorial Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lmhospital.org
Learn more at the official website: www.lmhospital.org
Mission Statement of Lawrence Memorial Corporation
Lawrence Memorial Corporation plays a crucial role in supporting and enhancing the welfare, programs, and activities of its affiliated entities. Specifically, this organization is dedicated to Lawrence + Memorial Hospital, LMW Healthcare (Westerly Hospital), and the Visiting Nurse Association of Southeastern Connecticut, Inc. By upholding and promoting their wellbeing, Lawrence Memorial Corporation ensures these institutions can thrive and make a positive impact in their respective fields.
In addition to supporting its affiliates, Lawrence Memorial Corporation exercises overall direction and control over these entities. This means that it plays a pivotal role in guiding the development and investment activities of these organizations, ensuring they are aligned with the corporation's mission and values. By providing this level of oversight, Lawrence Memorial Corporation ensures its affiliated entities are well-positioned to meet the needs of their communities and deliver high-quality care and services.
In summary, Lawrence Memorial Corporation serves as a crucial partner and supporter of its affiliated entities, Lawrence + Memorial Hospital, LMW Healthcare (Westerly Hospital), and the Visiting Nurse Association of Southeastern Connecticut, Inc. By upholding and promoting their welfare, providing overall direction and control, and guiding their development and investment activities, Lawrence Memorial Corporation plays a vital role in ensuring these organizations can deliver the best possible care and services to their communities.
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Impact
October, 2024
Lawrence Memorial Corporation plays a vital role in enhancing the healthcare landscape in New London, Connecticut, and its surrounding areas. By upholding and promoting the welfare, programs, and activities of its affiliated entities, such as Lawrence + Memorial Hospital and LMW Healthcare, the organization ensures that quality healthcare services are accessible to the community.
Through its strategic direction and oversight, the corporation is instrumental in supervising development and investment initiatives that strengthen these healthcare facilities. This not only elevates the operational efficiency of its affiliates but also fosters innovation and improvement in patient care. As a result, Lawrence Memorial Corporation significantly contributes to the overall health and wellness of the region, supporting comprehensive healthcare services and promoting better health outcomes for the residents it serves.
This information is meant to be a general summary of Lawrence Memorial Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $813,685
- Gross Receipts: $25,341,276
Assets and Liabilities:
- Total Assets: $81,295,107
- Total Liabilities: $6,867
- Net Assets: $81,288,240
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Organization Details
Founding Year
1912
Principal Officer
Patrick Green
Website
www.lmhospital.orgNTEE Category
Code: E120 - Health
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