Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 3 · Investment income

  total $813,685 · excluded $813,685

• 7a · Gross sales of assets other than inventory

  securities $24,531,109

• 7b · Less cost or other basis and sales expenses

  securities $24,467,198

• 7c · Gain or loss

  securities $63,911

• 7d · Net gain or loss

  total $63,911 · excluded $63,911

• 11a · Other revenue: PARTNERSHIP INCOME

  total -$3,518 · unrelated business -$3,518

• 11e · Other revenue, total

  -$3,518

Functional expenses

Part IX, the statement of functional expenses.

• 11f · Fees: investment management

  total $31,052 · program services $28,378 · management and general $2,674

Balance sheet

Part X, book values.

• 4 · Accounts receivable

  beginning of year $23,690 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $36,001 · end of year $63,562

• 10a · Land, buildings and equipment: cost or other basis

  $5,430,002

• 10b · Land, buildings and equipment: accumulated depreciation

  $106,845

• 10c · Land, buildings and equipment, net

  beginning of year $5,323,157 · end of year $5,323,157

• 11 · Investments: publicly traded securities

  beginning of year $43,223,162 · end of year $47,182,406

• 12 · Investments: other securities

  beginning of year $1,246,032 · end of year $157,543

• 14 · Intangible assets

  beginning of year $12,161,618 · end of year $12,161,618

• 15 · Other assets

  beginning of year $19,281,447 · end of year $19,281,447

• 25 · Other liabilities

  beginning of year $6,867 · end of year $7,353

• 27 · Net assets without donor restrictions

  beginning of year $81,288,240 · end of year $84,162,380

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

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 PATRICK GREEN $0 $ 207,474 $0 RICHARD LISITANO $0 $ 87,183 $0 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 INDIVIDUAL 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 2022 CALENDAR YEAR THAT IS RECOGNIZED AS A TAXABLE EVENT AND REPORTED IN THE INDIVIDUAL'S 2022 CALENDAR YEAR FORM W-2. SRIP EDCAP WILLIAM ASELTYNE $ 4,635,093 $0 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' 2022 FORM W-2 ISSUED BY THE RABBI TRUST. STEPHEN ALLEGRETTO $58,565 DENISE FIORE $24,807

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• SHORELINE ENDOSCOPY CENTER LLC (SEE PART VII)

  HEALTHCARE SERVICES · CT

• YALE NEW HAVEN HEALTH SYSTEM INVESTMENT TRUST

  INVESTMENT · DE

• YNHHSCUSP SURGERY CENTERS LLC

  HEALTHCARE SERVICES · CT

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CORPORATE PROFESSIONAL BUSINESS SERVICESINC

  C · MANAGEMENT SERVICES · CT · controlled entity

• GREENWICH FERTILITY & IVF PC

  C · HEALTHCARE SERVICES · CT · controlled entity

• GREENWICH OCCUPATIONAL HEALTH SERVICES OF NEW JERSEY

  C · HEALTHCARE SERVICES · NJ · controlled entity

• GREENWICH OCCUPATIONAL HEALTH SERVICES OF NY PC

  C · HEALTHCARE SERVICES · NY · controlled entity

• L & M SYSTEMS INC

  C · HEALTHCARE RELATED SERVICES · CT · controlled entity

• L&M HOME CARE SERVICES INC

  C · HOME THERAPY · CT · controlled entity

• MEDICAL CENTER PHARMACY AND HOME CARE CENTER INC

  C · PHARMACY · CT · controlled entity

• YALE NEW HAVEN AMBULATORY SERVICES

  C · HEALTHCARE SERVICES · CT · controlled entity

• YNHH-PHYSICIANS CORP

  C · ADMINISTRATIVE SERVICES · CT · controlled entity