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Filing year 2023

LAWRENCE MEMORIAL HOSPITAL INC

New London, Connecticut·EIN 06-0646704·NTEE E220 · Health Care·501(c)(3)
Total revenue
$501.4M
Total assets
$427M
Total expenses
$493.3M
Reported officers
28
Mission

TO IMPROVE THE HEALTH OF THE REGION AND TO PROVIDE HEALTHCARE SERVICES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Connecticut.

President/trustee
Above 90th percentile
$839k
$937k
Base
$447k
Bonus
$59k
Other
$49k
Benefits
$19k
Vp/cmo
Key Employee
Above 90th percentilevs Health Care peers nationwide
$789k
$881k
Base
$525k
Bonus
$107k
Other
$35k
Benefits
$26k
Ed Medical Director
Highest Compensated Employee
75th to 90th percentile
$672k
$751k
Base
$521k
Bonus
$100k
Other
$2k
Benefits
$26k
Ed Physician
Highest Compensated Employee
75th to 90th percentile
$582k
$650k
Base
$523k
Bonus
$19k
Other
$300
Benefits
$26k
Vp/cno Term 2/2024
Key Employee
75th to 90th percentilevs Health Care peers nationwide
$559k
$625k
Base
$426k
Bonus
$94k
Other
$1k
Benefits
$25k
Ed Physician
Highest Compensated Employee
75th to 90th percentile
$544k
$607k
Base
$488k
Bonus
$16k
Other
$270
Benefits
$26k
Ed Physician
Highest Compensated Employee
Median to 75th percentile
$462k
$516k
Base
$407k
Bonus
$15k
Other
$690
Benefits
$26k
Ed Physician
Highest Compensated Employee
Median to 75th percentile
$440k
$492k
Base
$360k
Bonus
$42k
Other
$2k
Benefits
$23k
Treasurer
75th to 90th percentile
$408k
$455k
Svp/cno Effective 4/2024
Key Employee
Median to 75th percentilevs Health Care peers nationwide
$279k
$312k
Base
$209k
Bonus
$41k
Other
$450
Benefits
$31k

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.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LAWRENCE MEMORIAL HOSPITAL INC equaled 0.2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.2%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 8%
from 2022

From $915k in 2022 to $839k in 2023.

$915k
2022
$839k
2023
In today's dollarsEst.
Down 11% in real terms$1.1M to $937k

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.

Pay for the position

Chief Executive Officer pay fell 8% from 2022 to 2023, while revenue rose 6%.

$915k in 2022 to $839k in 2023.
  • Key Employee pay rose 19% from 2022 to 2023.
  • Highest Compensated Employee pay rose 14% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LAWRENCE MEMORIAL HOSPITAL INC

What does the Chief Executive Officer of LAWRENCE MEMORIAL HOSPITAL INC earn?

In 2023, the Chief Executive Officer of LAWRENCE MEMORIAL HOSPITAL INC received $839,361 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Health Care organizations in Connecticut: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAWRENCE MEMORIAL HOSPITAL INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in Connecticut, the 2023 pay of the Chief Executive Officer at LAWRENCE MEMORIAL HOSPITAL INC falls in the top 10%. In 2023, the highest total compensation at LAWRENCE MEMORIAL HOSPITAL INC equaled 0.2% of the organization's total expenses. The median for health care organizations is 4%.

What are LAWRENCE MEMORIAL HOSPITAL INC's revenue and expenses?

In 2023, LAWRENCE MEMORIAL HOSPITAL INC reported $501.4M in total revenue and $493.3M in total expenses on its IRS Form 990.

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