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Passes our checks

Peconic Landing at Southold Inc

EIN 11-3277669 · Greenport, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak38 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

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 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 126% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 3% of income.

  • Income trend

    15 of 15

    Income rose 15% on the year before.

  • Spending floor

    15 of 15

    86% 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 25

    14 of 15 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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)
  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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.