Lg Newcorp Inc.
Fiscal year ending 2024. Filed on February 28, 2025.
1 General Street
Lawrence, Massachusetts 01841
Lg Newcorp Inc. (EIN: 99-4230642) has filed an IRS Form 990 in fiscal year 2024. In its fiscal year 2024 IRS Form 990 filing, Lg Newcorp Inc., a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $0.
Revenue, expenses, and employee compensation
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Mission Statement
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.
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