LAWRENCE + MEMORIAL CORPORATION UPHOLDS, PROMOTES, AND FURTHERS THE WELFARE, PROGRAMS, AND ACTIVITIES OF LAWRENCE + MEMORIAL HOSPITAL, LMW HEALTHCARE (WESTERLY HOSPITAL), AND VISITING NURSE ASSOCIATION OF SOUTHEASTERN CONNECTICUT, INC.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations in Connecticut.
| Position | Total |
|---|---|
Treasurer 75th to 90th percentile | $408k $455k |
President/ceo/trustee 75th to 90th percentile | $285k $318k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 18 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at LAWRENCE MEMORIAL CORPORATION equaled 1,601% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 10%
from 2022
From $372k in 2022 to $408k in 2023.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Financial Officer pay rose 1101% from 2022 to 2023, while revenue rose 412%.
- Chief Executive Officer pay fell 24% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LAWRENCE MEMORIAL CORPORATION
What does the Chief Financial Officer of LAWRENCE MEMORIAL CORPORATION earn?
In 2023, the Chief Financial Officer of LAWRENCE MEMORIAL CORPORATION received $407,968 in total compensation. This pay is in the top quarter for Chief Financial Officer roles among Health Care organizations in Connecticut, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Financial Officer pay at LAWRENCE MEMORIAL CORPORATION compare with similar nonprofits?
Compared with the same role at Health Care organizations in Connecticut, the 2023 pay of the Chief Financial Officer at LAWRENCE MEMORIAL CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at LAWRENCE MEMORIAL CORPORATION equaled 1,601% of the organization's total expenses. The median for health care organizations is 4%.
What are LAWRENCE MEMORIAL CORPORATION's revenue and expenses?
In 2023, LAWRENCE MEMORIAL CORPORATION reported $4.5M in total revenue and $25k in total expenses on its IRS Form 990.
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