TO IMPROVE THE HEALTH OF THE REGION AND TO PROVIDE HEALTHCARE SERVICES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$427.0M
+0.3% YoY
Annual Giving
$94K
-9.9% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$31K
-9.9% YoY
About Lawrence Memorial Hospital Inc
Based on IRS filings
Lawrence Memorial Hospital Inc is a nonprofit organization focused on Health, based in NEW LONDON, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $427.0M in total assets. In 2024, it awarded 3 grants totaling $94K. Net investment income was $849K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $426,995,625 | $425,702,458 | $456,988,884 |
| Revenue | $501,444,201 | $471,777,121 | $461,794,793 |
| Expenses | $493,280,785 | $464,752,849 | $442,738,204 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $848,539 | $1,310,565 | $9,679,116 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fresh New London Co Tsne ($75,000), Dr Martin Luther King Jr Scholarship Trust Fund ($12,500), Hispanic Alliance of Southeastern Connecticut ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FRESH NEW LONDON CO TSNE BOSTON, MA | SUPPORT ORGANIZATION | $75,000 |
| DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND NEW LONDON, CT | SUPPORT ORGANIZATION | $12,500 |
| HISPANIC ALLIANCE OF SOUTHEASTERN CONNECTICUT NEW LONDON, CT | SUPPORT ORGANIZATION | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM J ASELTYNE | SECR/TRUSTEE (CURRENT YR) | 1 | — |
| WILLIAM J ASELTYNE | SECR/TRUSTEE (VESTED DEFERRED) | 1 | — |
| GAIL KOSYLA | TREASURER | 1 | — |
| PATRICK L GREEN | FORMER OFFICER (CURRENT YR) | — | — |
| PATRICK L GREEN | FORMER OFFICER (VESTED DEFERRED) | — | — |
| RICHARD LISITANO | PRESIDENT/TRUSTEE | 35 | $554,857 |
| OLIVER MAYORGA | VP/CMO | 35 | $667,025 |
| CRAIG MITTLEMAN | ED MEDICAL DIRECTOR | 40 | $623,421 |
| BENJAMIN ARMSTRONG | ED PHYSICIAN | 40 | $542,427 |
| KERIN DACRUZ | VP/CNO TERM 2/2024 | 40 | $521,644 |
| DENISE FIORE | FORMER OFFICER | — | — |
| MICHAEL JOSEPH | ED PHYSICIAN | 40 | $504,738 |
| PETER WILLIS | ED PHYSICIAN | 40 | $423,267 |
| NADER BAHADORY | ED PHYSICIAN | 40 | $404,436 |
| SHANNON CHRISTIAN | SVP/CNO EFFECTIVE 4/2024 | 40 | $250,905 |
| STEPHEN ALLEGRETTO | FORMER OFFICER | — | — |
| MAUREEN ANDERSON | FORMER OFFICER | — | — |
| DANIEL GACCIONE | TRUSTEE | 1 | — |
| F GREGORY AHERN | TRUSTEE | 1 | — |
| TODD BLUE | TRUSTEE | 1 | — |
| DANIEL BRANNEGAN | TRUSTEE | 1 | — |
| NICHOLAS FORTSON | TRUSTEE | 1 | — |
| JOHN HOLSTEIN | TRUSTEE | 1 | — |
| KATHLEEN HOLT | VICE CHAIR/TRUSTEE | 1 | — |
| JAMES MAYNARD | TRUSTEE | 1 | — |
| MARIE PEAKMAN | TRUSTEE | 1 | — |
| SHANNA REELS | TRUSTEE | 1 | — |
| VICTORIA REYES | TRUSTEE | 1 | — |
| ROCCO TIMPANO | TRUSTEE | 1 | — |
| REV CATHERINE ZALL | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lawrence Memorial Hospital Inc?
Lawrence Memorial Hospital Inc is a nonprofit organization focused on Health, based in NEW LONDON, CT. It holds $427.0M in total assets as of 2024.
How large is Lawrence Memorial Hospital Inc?
As of 2024, Lawrence Memorial Hospital Inc holds $427.0M in total assets with $501.4M in annual revenue. It awarded 3 grants totaling $94K in 2024.
Where does Lawrence Memorial Hospital Inc operate?
Lawrence Memorial Hospital Inc has awarded grants in Connecticut, Massachusetts, New York, Texas.
What size grants does Lawrence Memorial Hospital Inc award?
In 2024, Lawrence Memorial Hospital Inc awarded 3 grants totaling $94K — an average of about $31K per grant, based on its IRS Form 990 filings.
What is Lawrence Memorial Hospital Inc's EIN?
Lawrence Memorial Hospital Inc's EIN (Employer Identification Number) is 06-0646704. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lawrence Memorial Hospital Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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