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Nonprofiteer
← LAWRENCE AND MEMORIAL CORPORATION

Form 990 for tax year 2023

Filed by LAWRENCE AND MEMORIAL CORPORATION.

Totals

Total revenue
$4,475,889
Total expenses
$25,475
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$23,676
Management and general expenses
$1,799
Fundraising expenses
$0
Program service expenses (Part III)
$23,676

Program services were 92.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • GAIL KOSYLA

    TREASURER

    Total calculated
    $1,543,615
    From this org
    $0
    From related orgs
    $1,135,647
    Other
    $407,968
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $949,360 related
    Bonus
    $0 + $150,000 related
    Other
    $0 + $36,287 related
    Deferred
    $0 + $405,858 related
    Nontaxable benefits
    $0 + $2,110 related
    Filer's total
    $0 + $1,543,615 related
  • WILLIAM ASELTYNE

    SECRETARY/TRUSTEE (CY2023 COMP)

    Total calculated
    $1,450,910
    From this org
    $0
    From related orgs
    $1,257,485
    Other
    $193,425
    Hours/week
    1 + 39 related
  • WILLIAM ASELTYNE

    SECRETARY/TRUSTEE (VESTED DEFERRED)

    Total calculated
    $235,138
    From this org
    $0
    From related orgs
    $235,138
    Other
    $0
    Hours/week
    1 + 39 related
  • RICHARD LISITANO

    PRESIDENT/CEO/TRUSTEE

    Total calculated
    $978,076
    From this org
    $0
    From related orgs
    $693,572
    Other
    $284,504
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $558,394 related
    Bonus
    $0 + $73,944 related
    Other
    $0 + $61,234 related
    Deferred
    $0 + $260,900 related
    Nontaxable benefits
    $0 + $23,604 related
    Filer's total
    $0 + $978,076 related
  • PATRICK L GREEN

    FORMER OFFICER/TRUSTEE (CY2023 COMP)

    Total calculated
    $835,885
    From this org
    $0
    From related orgs
    $616,803
    Other
    $219,082
    Hours/week
    0
  • PATRICK L GREEN

    FORMER OFFICER/TRUSTEE (VESTED DEFERRED)

    Total calculated
    $157,810
    From this org
    $0
    From related orgs
    $157,810
    Other
    $0
    Hours/week
    0
  • DENISE FIORE

    FORMER SR. VP/COO

    Total calculated
    $547,749
    From this org
    $0
    From related orgs
    $547,749
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $92,423 related
    Other
    $0 + $455,326 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $547,749 related
  • STEPHEN ALLEGRETTO

    FORMER SR. VP/CFO

    Total calculated
    $211,813
    From this org
    $0
    From related orgs
    $211,813
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $211,813 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $211,813 related
  • MAUREEN ANDERSON

    FORMER OFFICER

    Total calculated
    $118,596
    From this org
    $0
    From related orgs
    $118,596
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $118,596 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $118,596 related
  • DANIEL GACCIONE

    TRUSTEE

    Total calculated
    $5,250
    From this org
    $0
    From related orgs
    $5,250
    Other
    $0
    Hours/week
    1 + 39 related
  • GREGORY AHERN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • TODD BLUE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • DANIEL BRANNEGAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • NICHOLAS FORTSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • JOHN HOLSTEIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • KATHLEEN HOLT

    CHAIR/TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • JAMES MAYNARD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • MARIE PEAKMAN

    VICE CHAIR/TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • SHANNA REELS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 3 related
  • VICTORIA REYES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • ROCCO TIMPANO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • REV CATHERINE ZALL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Itemized on Schedule J with no Part VII listing of the same name on this return:

  • WILLIAM ASELTYNE

    SECRETARY/TRUSTEE (CY2023 COMP)

    Schedule J breakdown

    Base
    $0 + $994,590 related
    Bonus
    $0 + $121,800 related
    Other
    $0 + $141,095 related
    Deferred
    $0 + $177,200 related
    Nontaxable benefits
    $0 + $16,225 related
    Filer's total
    $0 + $1,450,910 related
  • WILLIAM ASELTYNE

    SECRETARY/TRUSTEE (VESTED DEFERRED)

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $0 + $235,138 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $235,138 related
  • PATRICK L GREEN

    FORMER OFFICER/TRUSTEE (CY2023 COMP)

    Schedule J breakdown

    Base
    $0 + $469,476 related
    Bonus
    $0 + $90,570 related
    Other
    $0 + $56,757 related
    Deferred
    $0 + $200,643 related
    Nontaxable benefits
    $0 + $18,439 related
    Filer's total
    $0 + $835,885 related
  • PATRICK L GREEN

    FORMER OFFICER/TRUSTEE (VESTED DEFER

    Schedule J breakdown

    Base
    $0
    Bonus
    $0
    Other
    $0 + $157,810 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $157,810 related

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE PRESIDENT/CEO OF LAWRENCE + MEMORIAL CORPORATION RECEIVES NO COMPENSATION FROM THE ORGANIZATION. HE IS AN EMPLOYEE OF YALE NEW HAVEN HEALTH SERVICES CORP ('YNHHS'), A RELATED ORGANIZATION, OF WHICH HIS COMPENSATION IS SET BY. YNHHS, IN DETERMINING COMPENSATION RELIES UPON A COMPENSATION COMMITTEE; AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEYS OR STUDIES, AND APPROVAL BY ITS BOARD OR COMPENSATION COMMITTEE.
PART I, LINE 4B
THE INDIVIDUALS LISTED BELOW ARE PARTICIPANTS IN A RELATED ORGANIZATION SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THESE ACCRUALS ARE INCLUDED IN THE AMOUNTS REPORTED IN PART II, COLUMN C (DEFERRED COMPENSATION)AND REPRESENTS BOTH THE REPORTING ENTITY'S AND RELATED ENTITY'S COMBINED AMOUNTS THAT HAVE NOT YET BEEN VESTED CONSISTENT WITH THE COMPENSATION REPORTING PER IRS. SEVERANCE NONQUALIFIED EQUITY-BASED GAIL KOSYLA - $ 207,100 - RICHARD LISITANO - $ 145,600 - PATRICK GREEN - $ 114,315 - THE SUPPLEMENTAL RETIREMENT INCOME PLAN (SRIP) / EXECUTIVE DEFERRED COMPENSATION ACCOUNT PLAN (EDCAP) ARE DESIGNED TO ENSURE THE PAYMENT OF A COMPETITIVE LEVEL OF RETIREMENT INCOME WHEN ADDED TO OTHER SOURCES OF RETIREMENT INCOME IN ORDER TO ATTRACT AND RETAIN KEY MANAGEMENT EMPLOYEES SERVING AS SENIOR LEADERS. THE PLAN PROVIDES SUPPLEMENTAL RETIREMENT INCOME THROUGH AN UNFUNDED, NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT UNDER SECTION 457(F) AND THROUGH A DEFERRED COMPENSATION PLAN UNDER SECTION 409A OF THE INTERNAL REVENUE CODE AND A MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES' PLAN UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA). THE INDIVIDUALS LISTED BELOW BECAME VESTED IN BENEFITS VALUED AT THE AMOUNT RESPECTIVELY REPORTED BELOW DURING THE REPORTING YEAR. INCLUDED IN SECTION II, COLUMN B (III) IS THE AMOUNT VESTED DURING THE 2023 CALENDAR YEAR THAT IS RECOGNIZED AS A TAXABLE EVENT AND REPORTED IN THE INDIVIDUAL'S 2023 CALENDAR YEAR FORM W-2. SRIP EDCAP WILLIAM ASELTYNE $ 235,138 - PATRICK GREEN - $ 157,810 THE FOLLOWING REPORTED INDIVIDUAL(S) RECEIVED A PAYMENT FROM A NONQUALIFIED PLAN. THE PAYMENT WAS MADE DIRECTLY TO THE INDIVIDUAL(S) FROM THE RABBI TRUST AND REPORTED IN THE INDIVIDUALS' 2023 FORM W-2 ISSUED BY THE RABBI TRUST. STEPHEN ALLEGRETTO $58,565 DENISE FIORE $49,614

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
12 August 2025
IRS schema version
2023v6.0
Source object
202502259349301105

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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