Peconic Landing at Southold Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
PECONIC LANDING STRIVES TO BE ONE OF THE PREEMINENT CONTINUING CARE RETIREMENT COMMUNITIES IN THE UNITED STATES. WE ARE ACHIEVING OUR GOALS BY OPERATING AS A PARTNERSHIP WITH RESIDENTS, BOARD OF TRUSTEES, MANAGEMENT AND STAFF.
- Income
- $40.2 million
- Spending
- $41.6 million
- Spent on programs
- 86%
- Reserves
- -26.7 months of spending
- Largest source of income
- fees for its services, 86%
- Employees
- 380
- Volunteers
- 45
- Highest pay
- $749,019, president/ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 38 out of 100. Higher than 8% of charities in its peer group (human services, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 126% of what it owns.
Living within its means
8 of 15Spending exceeded income by 3% of income.
Income trend
15 of 15Income rose 15% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 16% of charities in its peer group (human services, $10m to $100m).
Independent board
25 of 2514 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $35.8 million spent. PECONIC LANDING, WE STRIVE TO BRING TOGETHER INDIVIDUALS OF ALL AGES AND ABILITIES BY SERVING AS A VIBRANT COMMUNITY CENTER AND CULTURAL ARTS HUB FOR THE EAST END. THROUGH OUR INNOVATIVE SOCIAL ACCOUNTABILITY PROGRAM, INDIVIDUALS CAN IMMERSE THEMSELVES IN A GREAT VARIETY OF CULTURAL, EDUCATIONAL, WELLNESS, AND HELPFUL OPPORTUNITIES AVAILABLE FREE TO THE PUBLIC THAT ARE DESIGNED TO INSPIRE AND ENGAGE. EACH EVENT IS HOSTED WITH THE PURPOSE OF ENRICHING THE LIVES OF THOSE WHO TAKE PART. OUR COMMUNITY DOES THIS WITH ONE COMMON GOAL IN MIND: TO MAKE A POSITIVE, MEASURABLE IMPACT, IMPROVING QUALITY OF LIFE FOR THOSE WHO WORK AND LIVE ON THE EAST END.THE FOLLOWING EVENTS TOOK PLACE IN 2024 FOR THE RESIDENTS OF PECONIC LANDING:SINCE ITS 2012 INCEPTION, THIS FREE PUBLIC EVENT HAS CONSISTENTLY ATTRACTED AN ATTENDANCE OF OVER 1000 MEMBERS OF THE GREATER PUBLIC. IT INCLUDES MUSIC AND DANCING ON THE PATIO OF BRECKNOCK HALL FOLLOWED BY A SPECTACULAR FIREWORKS SHOW OVER THE PONDS. ATTENDEES OFTEN BRING FOLDING CHAIRS OR BLANKETS, THEN SPREAD OUT ON THE LAWN SURROUNDING THE PATIO TO ENJOY THE SHOW. THE EVENT ATTRACTS A MULTI-GENERATIONAL, MULTI-CULTURAL AUDIENCE TO A FUN AND UPLIFTING EVENT ON LABOR DAY WEEKEND WHEN THE NORTH FORK HOSTS THOUSANDS OF VISITORS FROM PLACES FAR AND WIDE. THE JOHN MAY MILE AND 5K RACE IS A FUNDRAISER TO BENEFIT THE GREENPORT FIRE DEPARTMENT. SINCE ITS 2005 INCEPTION, THE EVENT HAS RAISED IN EXCESS OF $420,000 TO SUPPORT THE LOCAL FIRST RESPONDERS. OPEN TO RUNNERS AND WALKERS OF ALL AGES AND FITNESS ABILITIES, THE EVENT OFFERS BOTH A RELAXED MILE-LONG WALK OR A MORE CHALLENGING 3.1-MILE RUN. OVER 300 PEOPLE PARTICIPATED IN 2024. THE MOST RECENT EVENT IN 2024 CONTRIBUTED A TOTAL OF $24,730, HELPING TO PURCHASE AND MAINTAIN RESCUE EQUIPMENT VITAL TO KEEPING FIRE DEPARTMENT VOLUNTEERS SAFE DURING RESPONSE EFFORTS. THE ALZHEIMER'S WALK TO END ALZHEIMER'S, THE WORLD'S LARGEST FUNDRAISER FOR ALZHEIMER'S, TOOK PLACE AT PECONIC LANDING IN SEPTEMBER 2024, ATTRACTING 243 REGISTRANTS. THE EVENT FEATURED A 2-MILE ROUTE, AND ATTENDEES WALKED IN SOLIDARITY TO RAISE AWARENESS AND FUNDS FOR ALZHEIMER'S CARE. ALL PROCEEDS FROM THE EVENT WENT DIRECTLY TO FURTHER THE ALZHEIMER'S ASSOCIATION'S EFFORTS IN CARE, SUPPORT AND RESEARCH. ON THE DAY OF THE WALK, PARTICIPANTS HONORED THOSE AFFECTED BY ALZHEIMER'S WITH A PROMISE GARDEN CEREMONY A MISSION-FOCUSED EXPERIENCE THAT SIGNIFIES SOLIDARITY IN THE FIGHT AGAINST THE DISEASE. THE COLORS OF THE PROMISE GARDEN FLOWERS REPRESENT PEOPLE'S CONNECTION TO ALZHEIMER'S AND THEIR PERSONAL REASONS FOR ENDING THE DISEASE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.