Massachusetts · Not ranked: see note below.
Lg Newcorp
, chief executive. 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
- $308,194,574
- Total expenses
- $258,631,124
- Net assets
- $97,456,113
- Employees
- 1,566
- Hospitals covered
- 2 facilities across 1 filing
- Charity care, net
- $1,837,547
- Bad debt
- $24,608,303
- Medicare surplus (shortfall), as filed
- ($26,615,080)
- CEO pay
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, Lg Newcorp, EIN 99-4230642, fiscal year ending 2025-09, as published by the IRS. CEO identification: manual excluded.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($24.6M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
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.
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