Peconic Landing

What it reported doing in 2024

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.

Financial Efficiency

• Mission deployment rate: 89.5%; rating input score 89
• Program expense ratio: 86%; rating input score 86
• Fundraising efficiency: $15.81 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 93.3%; rating input score 93; 26th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -3.4%; rating input score 20; 20th percentile among comparable filings
• Total-asset coverage ratio: 3.81; rating input score 80; 80th percentile among comparable filings
• Liabilities to assets ratio: 1.26; rating input score 3; 3rd percentile among comparable filings
• Officer compensation ratio: 6.5%; rating input score 39; 39th percentile among comparable filings

Growth

• Program expense growth: 6.2% per year; rating input score 100; 50th percentile among comparable filings
• Revenue growth: 5.7% per year; rating input score 100; 50th percentile among comparable filings
• Asset growth: 1.6% per year; rating input score 100; 16th percentile among comparable filings