PECONIC LANDING AT SOUTHOLD INC

EIN: 113277669 501(c)(3) Human Services

GREENPORT, NY

Total Revenue
$35,014,138
Total Expenses
$37,219,562
Total Assets
$152,265,549
Net Assets
$-40,010,191
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NY
Principal Officer
ROBERT SYRON
Phone
6314773800
Tax Period
2023-01-01 to 2023-12-31

PECONIC LANDING AT SOUTHOLD INC, founded in 1994, is a mid-sized nonprofit in the Human Services sector that reported $35.0M in total revenue in fiscal year 2023.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $30,920,782 Revenue: $30,182,274

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...

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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 2023 FOR THE RESIDENTS OF PECONIC LANDING:FOR THE PAST 18 YEARS, PECONIC LANDING HAS HOSTED THE JOHN MAY MILE & 5K RACE TO BENEFIT THE GREENPORT FIRE DEPARTMENT. THIS FAMILY FRIENDLY EVENT FEATURES A BARBECUE LUNCH, RAFFLES AND MORE. THE JOHN MAY MILE AND 5K FUNDRAISER IS OPEN TO RUNNERS AND WALKERS OF ALL AGES AND FITNESS ABILITIES, OFFERING BOTH A RELAXED MILE-LONG WALK AND A MORE CHALLENGING 3.1-MILE RUN. SINCE INCEPTION THE PROCEEDS FROM THIS EVENT, WHICH EXCEED $375,000, HAVE GONE DIRECTLY TO THE GREENPORT FIRE DEPARTMENT, HELPING TO PURCHASE AND MAINTAIN RESCUE EQUIPMENT VITAL TO KEEPING FIRE DEPARTMENT VOLUNTEERS SAFE DURING RESPONSE EFFORTS. IN 2024, $24,730 WAS RAISED AND DONATED AS A RESULT OF THIS EVENT.SINCE 2012, PECONIC LANDING HAS HOSTED AN ANNUAL HOLIDAY GIFT SHOWCASE OPEN TO THE PUBLIC. THE EVENT BRINGS IN APPROXIMATELY 25 LOCAL ARTISANS EACH HOLIDAY SEASON WITH THE PURPOSE OF PROVIDING AN OPPORTUNITY TO SELL THEIR WARES. THE EVENT IS PUBLICIZED THROUGHOUT THE NORTH FORK AND BRINGS IN OVER 300 PEOPLE FROM THE GENERAL PUBLIC TO MEANDER THROUGH THE SHOWCASE AND PURCHASE ART AND OTHER GOODS AS DESIRED. THE EVENT HAS BECOME A HOLIDAY TRADITION ON THE NORTH FORK!IN 2023, PECONIC LANDING HOSTED THE FIRST EVER WALK TO END ALZHEIMER'S WALK ON THE NORTH FORK AS A FUNDRAISER FOR THE ALZHEIMER'S ASSOCIATION ON ITS GROUNDS. THIS INAUGURAL EVENT ATTRACTED OVER 100 PARTICIPANTS FROM ALL OVER THE COMMUNITY IN AN EFFORT TO PROVIDE SUPPORT FOR THIS WORTHY CAUSE RAISING $25,000 TO FUND THE CARE, SUPPORT AND RESEARCH PROGRAMS OF THE ALZHEIMER'S ASSOCIATION. 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 TO END THE DISEASE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $733,530
Program Service Revenue $30,182,274
Investment Income $709,832
Other Revenue $3,388,502
TOTAL REVENUE $35,014,138

Expense Breakdown

Grants Paid $23,750
Salaries & Benefits $19,375,470
Fundraising Expenses $36,932
Program Expenses $30,920,782
Other Expenses $17,820,342
TOTAL EXPENSES $37,219,562

Year-over-Year Comparison

2023 2022 Change
Revenue $35,014,138 $33,373,980 +0.0%
Expenses $37,219,562 $34,892,874 +0.1%
Net Income $-2,205,424 $-1,518,894 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
12
Employees
373
Volunteers
45

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,049,751
Total Directors
15
$761,914
Key Employees
1
$406,653
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT SYRON PRESIDENT/CEO 40.00
Officer Director
$681,103 $80,811 $761,914
PAUL MAY CHAIRPERSON 1.00
Officer Director
$0 $0 $0
PAUL J CONNOR VICE CHAIR 1.00
Officer Director
$0 $0 $0
EDWARD WELLINGTON WEBB II SECRETARY 1.00
Officer Director
$0 $0 $0
GREGORY FERRARIS TREASURER, THRU APRIL 2023 1.00
Officer Director
$0 $0 $0
ROSAMOND BAIZ DIRECTOR 1.00
Director
$0 $0 $0
REBECCA A CHAPMAN DIRECTOR 1.00
Director
$0 $0 $0
FRANK DIBERNARDIS DIRECTOR, THRU DEC. 2023 1.00
Director
$0 $0 $0
ROBERT GOLDMAN DIRECTOR 1.00
Director
$0 $0 $0
CAROL HANCE DIRECTOR 1.00
Director
$0 $0 $0
THOMAS MCCARTHY DIRECTOR 1.00
Director
$0 $0 $0
EILEEN MCGUIRE DIRECTOR 1.00
Director
$0 $0 $0
SANDRA NOVICK DIRECTOR 1.00
Director
$0 $0 $0
DONALD T RUSSO DIRECTOR 1.00
Director
$0 $0 $0
FRED POLLERT DIRECTOR 1.00
Director
$0 $0 $0
LISA QUINN DIRECTOR OF FINANCE 40.00
Officer
$233,170 $54,667 $287,837
GREGORY GARRETT EXECUTIVE VP - ADM. HEALTH 40.00
Key Emp
$340,542 $66,111 $406,653
DARRYL VOLINSKI DIR. OF ENVIRON. SERVICES 40.00
Highest
$204,680 $55,223 $259,903
PATRICIA LUTZKY V.P. RESIDENT SERVICES 40.00
Highest
$204,479 $54,216 $258,695
ESTELLE KAY DIRECTOR OF MARKETING 40.00
Highest
$152,415 $54,229 $206,644
JANE WILLSEY DIRECTOR OF HUMAN RESOURCES 40.00
Highest
$172,969 $38,508 $211,477
MARY LAVERY DIRECTOR OF NURSING 40.00
Highest
$157,556 $7,351 $164,907
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $35,014,138 $37,219,562 $152,265,549 $-2,205,424
2022 $33,373,980 $34,892,874 $143,889,831 $-1,518,894
2021 $36,575,086 $32,168,193 $144,140,145 $4,406,893
2020 $31,760,196 $33,030,119 $146,692,717 $-1,269,923
2019 $31,031,316 $33,512,013 $151,262,807 $-2,480,697
2018 $29,514,405 $31,786,456 $150,098,466 $-2,272,051
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