Creek INC FY2023 filing

Not tax-deductible

Locust Valley, NY501(c)(7)Since 1923EIN 11-0613408Revenue $15.3M in FY2023

On file with the IRScreek.net1 Horse Hollow Rd, 11560-1133 · Locust Valley, NYTax-exempt since Oct 1942

This page gets seen. Tell your story. Claim this org.

To create an enjoyable atmosphere for our club members and their guests by providing the highest quality services for their social, recreational and dining experiences.

$1.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $437K a year · 3% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$1.2M
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $878
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.2M
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$15.3M
+12% vs prior year
Spent
$14.9M
Net assets
$4.8M
By yearFY2020–FY2025
Revenue
$15.3M
FY2023▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$12.1M
FY2021$11.6M
FY2022$13.7M
FY2023$15.3M
FY2024$21.3M
FY2025$20.0M
Expenses
$14.9M
FY2023▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.2M
FY2021$10.6M
FY2022$14.0M
FY2023$14.9M
FY2024$20.7M
FY2025$20.2M
Net assets
$4.8M
FY2023▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.6M
FY2021$4.7M
FY2022$4.4M
FY2023$4.8M
FY2024$5.5M
FY2025$5.3M

From the FY2023 Form 990 (year ending March 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1942.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

21 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
General Manager/COO
$307,195Pt VII · Sec A
Golf Course Superintendent
$292,391Pt VII · Sec A
Golf Professional
$252,433Pt VII · Sec A
Executive Chef
$207,892Pt VII · Sec A
Assistant General Manager
$157,351Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Chad Chadwell$382,244$252,971————
Adam Wilkins$279,288$314,655$292,391$286,293$286,995$265,249
J Daniel Campbell——$307,195$301,610$272,673$247,056
Thomas Cooper—$274,328$252,433$203,047——
Vincent Russo$232,796$231,789$207,892$192,321$189,778$149,825
Glen Godron$201,772—————
Glen Gordon—$193,346————
Mary Poniktera———$177,311——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Creek INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides high-quality social, recreational, and dining services for members and guests.

Questions for Creek INC

Tap to ask. Creek INC sees how many people are interested.

Your first name shows with your question. Creek INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2022
01

Tax exempt club activities.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$878

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$15.3M
Ln 12
Fees for servicesLn 2g$10.1M
Other incomeLn 4–11$5.3M
Investment incomeLn 3$5K
Money outPt IX
$14.9M
Ln 25
Owns and owesPt X
$4.8M
net assets · Ln 32
Cash and savingsLn 1–2$3.6M
Total assetsLn 16$6.1M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
21
listed · VII A
PaidVII A5
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$10.1M
Investment incomeLn 3$5K
Other incomeLn 4–11$5.3M
Total revenueLn 12$15.3M
Assets in detailPt X, end of year
CashLn 1$219K
SavingsLn 2$3.3M
Cash and savings togetherLn 1–2$3.6M
Land, buildings, equipmentLn 10c$536K
Other assetsLn 15$318K
Total assetsLn 16$6.1M
LiabilitiesLn 26$1.2M
Net assetsLn 32$4.8M
OperationsPt I, VI
EmployeesI 5184
VolunteersI 615
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$3.8M$3.6M
Land, buildings, equipmentLn 10c$536K$536K
Total assetsLn 16$5.4M$6.1M
LiabilitiesLn 26$965K$1.2M
Net assetsLn 32$4.4M$4.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$617K
Other salaries and wagesLn 7$6.1M
Pension plan contributionsLn 8$88K
Other employee benefitsLn 9$602K
Payroll taxesLn 10$641K
Legal feesLn 11b$16K
Accounting feesLn 11c$15K
Other fees for servicesLn 11g$179K
Office expensesLn 13$567K
Information technologyLn 14$15K
OccupancyLn 16$997K
TravelLn 17$19K
Conferences, conventions and meetingsLn 19$1K
InsuranceLn 23$507K
Other expenses (24a–d)Ln 24$4.0M
All other expensesLn 24e$510K
Total functional expensesLn 25$14.9M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $20.0M$20.2M−$204K$5.3M 990 PDF
FY2024 $21.3M$20.7M$620K$5.5M 990 PDF
FY2023 Viewing $15.3M$14.9M$439K$4.8M 990 PDF
FY2022 $13.7M$14.0M−$267K$4.4M 990 PDF
FY2021 $11.6M$10.6M$1.1M$4.7M 990 PDF
FY2020 $12.1M$11.2M$956K$3.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $15,336,115 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $8,729,712$10,059,980
I-10 Investment incomePrior year $1,944$5,154
I-11 Other revenuePrior year $5,017,626$5,270,981
I-12 Total revenuePrior year $13,749,282$15,336,115
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,274,106$8,070,469
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,741,716$6,826,165
I-18 Total expensesPrior year $14,015,822$14,896,634
I-19 Revenue less expensesPrior year −$266,540$439,481
Part VI · Governance 15 of 15 board members independent, 1 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $15,336,115 across 4 lines filed
Lines not itemized here account for $5,195,104 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,059,980$10,059,980
VIII-3 Investment incomeUnrelated business $5,154$5,154
VIII-6 Net rental income or lossUnrelated business $75,877$75,877
VIII-12 Total revenueRelated to mission $14,175,138 · Unrelated business $1,160,977 · Excluded from tax $0$15,336,115
Part IX · Statement of functional expenses $14,896,634 across 16 lines filed
IX-5 Pay of current officers, directors and key staff$617,410
IX-7 Other salaries and wages$6,121,447
IX-8 Pension plan contributions$88,427
IX-9 Other employee benefits$602,193
IX-10 Payroll taxes$640,992
IX-11b Legal fees$15,994
IX-11c Accounting fees$14,909
IX-11g Other fees for services$179,312
IX-13 Office expenses$566,762
IX-14 Information technology$14,542
IX-16 Occupancy$996,582
IX-17 Travel$18,955
IX-19 Conferences, conventions and meetings$1,441
IX-23 Insurance$507,329
IX-24 Other expenses (24a–d)$3,999,888
IX-24e All other expenses$510,451
IX-25 Total functional expenses$14,896,634
Part X · Balance sheet $6,053,318 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $893,092$218,685
X-2 Savings and temporary cash investmentsStart of year $2,896,751$3,336,232
X-4 Accounts receivableStart of year $105,284$181,464
X-8 Inventories for sale or useStart of year $444,546$642,062
X-9 Prepaid expenses and deferred chargesStart of year $493,143$820,190
X-10c Land, buildings and equipment, netStart of year $536,483$536,483
X-15 Other assetsStart of year $0$318,202
X-16 Total assetsStart of year $5,369,299$6,053,318
X-17 Accounts payable and accrued expensesStart of year $869,795$852,917
X-19 Deferred revenueStart of year $65,380$11,722
X-25 Other liabilitiesStart of year $29,370$344,444
X-26 Total liabilitiesStart of year $964,545$1,209,083
X-27 Net assets without donor restrictionsStart of year $4,404,754$4,844,235
X-32 Total net assets or fund balancesStart of year $4,404,754$4,844,235
X-33 Total liabilities and net assetsStart of year $5,369,299$6,053,318
Part XI · Reconciliation of net assets $4,844,235 net assets at year end
XI-1 Total revenue$15,336,115
XI-2 Total expenses$14,896,634
XI-3 Revenue less expenses$439,481
XI-4 Net assets at start of year$4,404,754
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,844,235

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.