Civic Intelligence

Lg Newcorp Inc.

EIN 99-4230642 • 501(c)3 • Lawrence, MA

Pub. 78 EligibleNTEE E22

Profile

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.

1 General StreetLawrence, MA 01841-2961
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Balance Sheet

Assets

$0

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Operations

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$0Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$0Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2024

Revenue$0
Expenses$0
Net Income$0
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0$0$0$0$0$0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 29, 2024 to Sep 30, 2024
Signed
Feb 27, 2025
Return Version
2023v6.0
Gross Receipts
$0
Mission and Program Overview

Mission

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.

Program Services

DescriptionGrantsExpenses
1.Operate and maintain an acute-care general hospital, and provide all services related thereto; 2.Operate other health-care and ancillary facilities, including, but not limited to, intermediate care, skilled nursing, satellite ambulatory, office parking garage, and voluntary mental health facilities, and to provide services ancillary thereto; 3.Maintain and support educational activities related to rendering care to the sick and injured, and the promotion of health and health care; 4.Promote, support and maintain scientific research related to the care of the sick and injured, and the prevention of illness; 5.Participate in any activity designed and carried on to promote the general health and welfare of the community; 6.Contribute, generally, to the advancement of the knowledge and practice of medicine; 7.Participate in the education, development and training of physicians, nurses and other advance practice professionals, and other hospital personnel; and 8.Engage in such other non-p-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abha AGRAWALPresident And DirectorPT$0--
CAROL POWERSClerk And DirectorPT$0--
ROSEMARIE DAYDirectorPT$0--
LAUREL SWEENEYTreasurer And DirectorPT$0--
DAN RIVERADirectorPT$0--
Filing and Contact Details

Filer

Filer Name
LG NewCorp Inc
EIN
99-4230642
In Care Of
% ROBIN HYNDS
Phone
9786834000
Address
1 General Street, Lawrence, MA 01841-2961

Signing Officer

Name
Robin Hynds
Title
CEO
Phone
9786834000
Signed
2025-02-27
Discuss with paid preparer
Yes

Preparer

Firm
Bdo USA
Address
ONE INTERNATIONAL PLACE, BOSTON, MA 02110
Preparer
Brian Vigneault
Phone
6174220700
Raw XML Appendix129 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0LG 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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ReturnHeader/TaxPeriodBeginDt02024-07-29
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