Connecticut · Rhode Island · Not ranked: see note below.
Lawrence Memorial Hospital
Richard Lisitano, President/Trustee (Vested Deferred). Fiscal year ending 2025-09.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
Not in the ranking because the chief executive could not be identified from the filing with confidence. The figures below are shown as filed.
§1The filing
- Total revenue
- $661,327,927
- Total expenses
- $658,023,023
- Net assets
- $306,694,958
- Employees
- 3,952
- Hospitals covered
- 2 facilities across 2 filings
- Charity care, net
- $21,704,941
- Bad debt
- $18,120,000
- Medicare surplus (shortfall), as filed
- ($26,461,975)
- CEO pay from the organization (Part VII col. D)
- $741,142
- From related organizations (col. E)
- $185,285
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $332,998
- CEO total compensation (D+E+F)
- $1,259,425 to Richard Lisitano
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, Lawrence Memorial Hospital, EIN 06-0646704, fiscal year ending 2025-09, as published by the IRS. CEO identification: president title.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($18.1M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
§3Filings in this system
| Filing entity | EIN | FY end | Revenue | Charity care | % of expenses | Filing |
|---|---|---|---|---|---|---|
| Lawrence Memorial Hospital Inc | 06-0646704 | 2025-09 | $533.9M | $21.0M | 4.03% | 990 |
| Lmw Healthcare Inc | 46-0543230 | 2025-09 | $127.4M | $681,040 | 0.50% | 990 |
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
