Lawrence Memorial Hospital Inc
New London, CT · EIN 06-0646704 · Health care · Rank 1,249 by total revenue
To improve the health of the region and to provide healthcare services.
Money, Form 990 for tax year 2024
- Total revenue
- $533,941,525
- Total expenses
- $521,180,163
- Total assets
- $482,319,114
- Salary base (all salaries and wages)
- $178,727,381
- Salaries, other pay and benefits
- $221,961,437
- Employees
- 2,743
- Salary base per employee
- $65,158
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (20)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Gail Kosyla | TREASURER | Officer | 1 | $1,988,355 |
| William J Aseltyne | SECR/TRUSTEE (CURRENT YR COMP) | Board, Officer | 1 | $1,721,748 |
| Richard Lisitano | PRESIDENT/TRUSTEE (CURRENT YR COMP) | Board, Officer | 32 | $1,259,425 |
| William J Aseltyne | SECR/TRUSTEE (VESTED DEFERRED) | Board, Officer | 1 | $484,931 |
| Richard Lisitano | PRESIDENT/TRUSTEE (VESTED DEFERRED) | Board, Officer | 32 | $288,987 |
| Kathleen Holt | CHAIR/TRUSTEE | Board, Officer | 1 | None reported |
| Marie Peakman | CHAIR/VICE CHAIR/TRUSTEE | Board, Officer | 1 | None reported |
| Oliver Mayorga | VP/CMO | Key employee | 32 | $1,017,379 |
| Shannon Christian | SVP/CNO | Key employee | 40 | $373,297 |
| Shanna Reels | TRUSTEE | Board | 1 | $14,598 |
| Daniel Gaccione | TRUSTEE | Board | 1 | $3,750 |
| F Gregory Ahern | TRUSTEE | Board | 1 | None reported |
| Todd Blue | TRUSTEE | Board | 1 | None reported |
| Daniel Brannegan | TRUSTEE | Board | 1 | None reported |
| Nicholas Fortson | TRUSTEE | Board | 1 | None reported |
| John Holstein | TRUSTEE | Board | 1 | None reported |
| James Maynard | TRUSTEE | Board | 1 | None reported |
| Victoria Reyes | TRUSTEE | Board | 1 | None reported |
| Rocco Timpano | TRUSTEE | Board | 1 | None reported |
| Rev Catherine Zall | TRUSTEE | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $9,690,997, which is 5.4% of the $178,727,381 salary base shared by 2,743 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Gail Kosyla | TREASURER | Officer | 1 | $0 | $1,546,462 | $441,893 | $1,988,355 |
| William J Aseltyne | SECR/TRUSTEE (CURRENT YR COMP) | Board, Officer | 1 | $0 | $1,508,654 | $213,094 | $1,721,748 |
| Richard Lisitano | PRESIDENT/TRUSTEE (CURRENT YR COMP) | Board, Officer | 32 | $741,142 | $185,285 | $332,998 | $1,259,425 |
| Oliver Mayorga | VP/CMO | Key employee | 32 | $715,614 | $178,903 | $122,862 | $1,017,379 |
| Patrick L Green | FORMER OFFICER | Former | 0 | $0 | $699,459 | $0 | $699,459 |
| Anthony Noto | ED PHYSICIAN | Highly paid employee | 40 | $616,079 | $0 | $36,011 | $652,090 |
| Benjamin Armstrong | ED PHYSICIAN | Highly paid employee | 40 | $586,445 | $0 | $44,331 | $630,776 |
| Craig Mittleman | ED MEDICAL DIRECTOR | Highly paid employee | 40 | $531,313 | $0 | $76,889 | $608,202 |
| Michael Joseph | ED PHYSICIAN | Highly paid employee | 40 | $552,554 | $0 | $44,331 | $596,885 |
| Peter Willis | ED PHYSICIAN | Highly paid employee | 40 | $472,616 | $0 | $44,062 | $516,678 |
Sources
- IRS e-file return 202612269349300531 (Form 990, period ending 2025-09-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 06-0646704
- Organization website (as filed): www.lmhospital.org