Totals
- Total revenue
- $0
- Total expenses
- $0
- Contributions and grants received
- not reported
- Grants paid
- not reported
- Program service revenue
- not reported
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- not reported
- Gain or loss on sale of assets (line 5c)
- $0
- Gaming and fundraising events, net (line 6d)
- $0
- Gross profit on inventory sales (line 7c)
- $0
- Other revenue (line 8)
- not reported
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program service expenses (Part III)
- $0
Mission and programs · 2023
Primary exempt purpose
LG NewCorp, Inc. (the Organization) is a Massachusetts nonprofit corporation formed by LGH to acquire certain assets from Steward Holy Family Hospital, Inc. (Holy Family Hospital). Holy Family Hospital is a for-profit hospital and an affiliate of Steward Health Care System, LLC (Steward), which, along with numerous subsidiaries and affiliates, filed for Chapter 11 bankruptcy on May 6, 2024. Holy Family Hospital operates an acute care hospital with campuses in Haverhill and Methuen, Massachusetts (the Holy Family Campuses), and is one of the debtors included in Steward's bankruptcy filing. The Organization intends to acquire the assets owned and used by Holy Family Hospital through the bankruptcy process and to operate an acute care hospital at the Holy Family Campuses. The Organization's sole activity will be the operation of an acute care hospital at the Holy Family Campuses.
-
1.Operate and maintain an acute-care general hospital, and provide all services related thereto; 2.Operate other health-care and ancillary facilities, including, but not limited to, intermediate care, skilled nursing, satellite ambulatory, office parking garage, and voluntary mental health facilities, and to provide services ancillary thereto; 3.Maintain and support educational activities related to rendering care to the sick and injured, and the promotion of health and health care; 4.Promote, support and maintain scientific research related to the care of the sick and injured, and the prevention of illness; 5.Participate in any activity designed and carried on to promote the general health and welfare of the community; 6.Contribute, generally, to the advancement of the knowledge and practice of medicine; 7.Participate in the education, development and training of physicians, nurses and other advance practice professionals, and other hospital personnel; and 8.Engage in such other non-p
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part IV
-
Abha AGRAWAL
PRESIDENT AND DIRECTOR
- Total calculated
- $0
- Hours/week
- 15
-
Carol PowersCAROL POWERS
CLERK AND DIRECTOR
- Total calculated
- $0
- Hours/week
- 15
-
Rosemarie DayROSEMARIE DAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 15
-
Laurel SweeneyLAUREL SWEENEY
TREASURER AND DIRECTOR
- Total calculated
- $0
- Hours/week
- 15
-
Dan RiveraDAN RIVERA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 15
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2023
- Filed
- 27 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520599349200707
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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