Civic Intelligence

The Creek Inc

EIN 11-0613408 • 501(c)7 • Locust Valley, NY

Profile

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

Horse Hollow RoadLocust Valley, NY 11560

www.creek.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

39th percentile

0.29x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

6th percentile

0.11x

Higher debt load relative to revenue than 6% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2025

Net Margin

24th percentile

-1.0%

Higher net margin than 24% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

94th percentile

$405,529

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

501(c)7 • $10M-$25M nonprofits • Source year 2025

Asset Growth

2nd percentile

-20%

Faster asset growth than 2% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

12th percentile

-6.3%

Faster revenue growth than 12% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Down

$7,403,840

Down $1,858,762 (-20%) from 2024

Liabilities

Down

$2,143,669

Down $1,655,006 (-44%) from 2024

Net Assets

Down

$5,260,171

Down $203,756 (-3.7%) from 2024

Revenue

Down

$19,965,203

Down $1,341,749 (-6.3%) from 2024

Expenses

Down

$20,168,959

Down $518,301 (-2.5%) from 2024

Net Income

Down

-$203,756

Down $823,448 (-133%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $5,180,316Liabilities 2011: $1,999,452Net Assets 2011: $3,180,8642011Assets 2012: $2,054,261Liabilities 2012: $842,325Net Assets 2012: $1,211,9362012Assets 2013: $3,960,758Liabilities 2013: $977,735Net Assets 2013: $2,983,0232013Assets 2014: $4,481,245Liabilities 2014: $1,043,679Net Assets 2014: $3,437,5662014Assets 2015: $4,882,411Liabilities 2015: $1,305,645Net Assets 2015: $3,576,7662015Assets 2016: $5,255,177Liabilities 2016: $1,101,792Net Assets 2016: $4,153,3852016Assets 2017: $7,741,683Liabilities 2017: $1,065,812Net Assets 2017: $6,675,8712017Assets 2018: $3,290,858Liabilities 2018: $994,760Net Assets 2018: $2,296,0982018Assets 2019: $3,609,201Liabilities 2019: $971,368Net Assets 2019: $2,637,8332019Assets 2020: $4,491,166Liabilities 2020: $897,519Net Assets 2020: $3,593,6472020Assets 2021: $5,555,391Liabilities 2021: $884,097Net Assets 2021: $4,671,2942021Assets 2022: $5,369,299Liabilities 2022: $964,545Net Assets 2022: $4,404,7542022Assets 2023: $6,053,318Liabilities 2023: $1,209,083Net Assets 2023: $4,844,2352023Assets 2024: $9,262,602Liabilities 2024: $3,798,675Net Assets 2024: $5,463,9272024Assets 2025: $7,403,840Liabilities 2025: $2,143,669Net Assets 2025: $5,260,1712025

Highlighted filing

2025

Assets$7,403,840
Liabilities$2,143,669
Net Assets$5,260,171

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $12,052,514Expenses 2011: $12,411,194Net Income 2011: -$358,6802011Revenue 2012: $9,510,950Expenses 2012: $11,479,878Net Income 2012: -$1,968,9282012Revenue 2013: $10,695,393Expenses 2013: $8,924,306Net Income 2013: $1,771,0872013Revenue 2014: $10,276,252Expenses 2014: $9,352,101Net Income 2014: $924,1512014Revenue 2015: $9,874,576Expenses 2015: $9,735,376Net Income 2015: $139,2002015Revenue 2016: $10,003,031Expenses 2016: $9,426,412Net Income 2016: $576,6192016Revenue 2017: $12,454,002Expenses 2017: $9,931,516Net Income 2017: $2,522,4862017Revenue 2018: $10,078,744Expenses 2018: $14,458,517Net Income 2018: -$4,379,7732018Revenue 2019: $10,746,556Expenses 2019: $10,404,821Net Income 2019: $341,7352019Revenue 2020: $12,115,752Expenses 2020: $11,159,938Net Income 2020: $955,8142020Revenue 2021: $11,629,222Expenses 2021: $10,551,575Net Income 2021: $1,077,6472021Revenue 2022: $13,749,282Expenses 2022: $14,015,822Net Income 2022: -$266,5402022Revenue 2023: $15,336,115Expenses 2023: $14,896,634Net Income 2023: $439,4812023Revenue 2024: $21,306,952Expenses 2024: $20,687,260Net Income 2024: $619,6922024Revenue 2025: $19,965,203Expenses 2025: $20,168,959Net Income 2025: -$203,7562025

Highlighted filing

2025

Revenue$19,965,203
Expenses$20,168,959
Net Income-$203,756

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.40$2.14$5.26$20.0$20.2$0.20
2024Detailed filing. Detailed filing data is available for this year.$9.26$3.80$5.46$21.3$20.7$0.62
2023Detailed filing. Detailed filing data is available for this year.$6.05$1.21$4.84$15.3$14.9$0.44
2022Detailed filing. Detailed filing data is available for this year.$5.37$0.96$4.40$13.7$14.0$0.27
2021Detailed filing. Detailed filing data is available for this year.$5.56$0.88$4.67$11.6$10.6$1.08
2020Detailed filing. Detailed filing data is available for this year.$4.49$0.90$3.59$12.1$11.2$0.96
2019Detailed filing. Detailed filing data is available for this year.$3.61$0.97$2.64$10.7$10.4$0.34
2018Summary only. Only limited summary data is available for this year.$3.29$0.99$2.30$10.1$14.5$4.38
2017Summary only. Only limited summary data is available for this year.$7.74$1.07$6.68$12.5$9.93$2.52
2016Summary only. Only limited summary data is available for this year.$5.26$1.10$4.15$10.0$9.43$0.58
2015Summary only. Only limited summary data is available for this year.$4.88$1.31$3.58$9.87$9.74$0.14
2014Summary only. Only limited summary data is available for this year.$4.48$1.04$3.44$10.3$9.35$0.92
2013Summary only. Only limited summary data is available for this year.$3.96$0.98$2.98$10.7$8.92$1.77
2012Summary only. Only limited summary data is available for this year.$2.05$0.84$1.21$9.51$11.5$1.97
2011Summary only. Only limited summary data is available for this year.$5.18$2.00$3.18$12.1$12.4$0.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Jul 15, 2025
Return Version
2024v5.2
Gross Receipts
$22,185,318
Mission and Program Overview

Mission

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

To create an enjoyable atmosphere for our club members and their guests

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,955,924$3,752,168▼ $203,756
Other Notes and Loans Receivable, Net-$642,287-
Prepaid Expenses and Deferred Charges$630,253$626,716▼ $3,537
Inventories for Sale or Use$559,187$599,457▲ $40,270
Land, Buildings, and Equipment, Net$536,483$536,483→ $0
Cash and Non-Interest-Bearing Accounts$2,785,262$364,602▼ $2,420,660
Accounts Receivable$62,295$354,232▲ $291,937
Total Assets$9,262,602$7,403,840▼ $1,858,762
Other Assets Total$733,198$527,895▼ $205,303
Liabilities
Accounts Payable and Accrued Expenses$3,045,275$1,206,970▼ $1,838,305
Other Liabilities$740,978$554,492▼ $186,486
Deferred Revenue$12,422$382,207▲ $369,785
Total Liabilities$3,798,675$2,143,669▼ $1,655,006
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,463,927$5,260,171▼ $203,756
Total Net Assets Fund Balance$5,463,927$5,260,171▼ $203,756
Total Liabilities and Net Assets / Fund Balance$9,262,602$7,403,840▼ $1,858,762

Asset Categories

AssetBook ValueDepreciationBasis
Land$390,774-$390,774
Buildings$145,709$106,406$252,115
Other Assets Org$527,895--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chad ChadwellGeneral Manager/COOFT$286,044$119,485$405,529
Adam WilkinsGolf Course SuperintendentFT$250,508$57,497$308,005
Vincent RussoExecutive ChefFT$202,796$54,349$257,145
Glen GodronChief Financial OfficerFT$176,772$33,364$210,136
Timothy ElliottAssistant General ManagerFT$154,342$29,783$184,125
George UteranoMechanicFT$139,614$37,334$176,948
Richard MalekFacilities DirectorFT$127,794$33,993$161,787

Board Members and Trustees

NameTitle
Linda Riefler BoyattPresident
George M Wheatley IiiFormer Vice President (ended)
Allison AstonBoard Member
Amanda TurnbullBoard Member
Christopher L GarciaBoard Member
Edward D LynnBoard Member
Jeffery F Welles HonoraryBoard Member
Jerome D LucasBoard Member
John S DalyBoard Member
Mason a PowerBoard Member
Matthew D CasnerBoard Member
Peter C KeoughBoard Member
Shannon BoyleBoard Member
William TyreeBoard Member
Nancy SanbornSecretary
Nisha McgreevyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Visions Designers Builders INCGeneral Contractor655 PARK AVENUE, Huntington, NY 11743$2,302,551
Jenossa Pools INCPool Contractor120 RAYNOR AVENUE, Ronkonkoma, NY 11779$1,206,304
Zbf Geothermal LLCGeothermal Contractor667 LARKFIELD ROAD, Commack, NY 11725$767,725
Wharncliffe LLCTennis Professional35 PORTICO PLACE, Great Neck, NY 11021$635,107
Rimkunas Engineering PllcEngineer44 ELM STREET SUITE 10, Huntington, NY 11743$115,900
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,651,400
Investment Income
$130,369
Other Revenue
$7,183,434
Change in Net Assets
$-203,756

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,663,349
Revenue Not Reported on Financial Statements
$301,854
Revenue Not Reported on Form 990
$2,220,115
Other Revenue Adjustments
$301,854
Total Revenue per Audited Statements
$21,883,464
Total Revenue per Form 990
$19,965,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,500,607
Salaries, Compensation, and Employee Benefits$9,668,352
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$7,266,187
All Other Expenses---$1,177,996
Occupancy---$947,542
Other Employee Benefits---$897,567
Other Expenses---$852,012
Payroll Taxes---$748,959
Office Expenses---$656,659
Current Officers, Directors, Trustees, and Key Employees---$650,237
Insurance---$531,061
Fees for Services Other---$206,975
Pension Plan Contributions---$105,402
Fees for Services Accounting---$25,200
Travel---$21,391
Conferences and Meetings---$20,750
Fees for Services Legal---$14,860
Information Technology---$4,099
Total Functional Expenses$0$0$0$20,168,959

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$22,087,220
Total Expenses per Form 990$20,168,959
Expenses per Audited Statements$19,867,105
Expenses Not Reported on Form 990$2,220,115
Expenses Not Reported on Financial Statements$301,854
Other Expense Adjustments$301,854
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Leases Payable$527,895
Special Purpose Funds$26,597
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

George m. Wheatley iii (former vice president) is linda riefler boyatt's (president) brother-in-law.

Form 990, Part VI, Section A, Line 6

The creek inc. (the "club") was formed as a membership organization.

Form 990, Part VI, Section A, Line 7A

At the time of election, a nomination committee is appointed. They make recommendations to the membership which vote either in person or by proxy.

Form 990, Part VI, Section A, Line 8B

Few formal minutes are taken at the committee meetings, however the chairman of each committee reports to the board of governors and those meetings and decisions are documented.

Form 990, Part VI, Section B, Line 11B

The 990 will be given to the president and treasurer before it is filed. They disseminate the information to the rest of the board as they see fit.

Form 990, Part VI, Section B, Line 12C

At the beginning of each fiscal year (april) the officers and key employees are asked to sign a conflict of interest declaration.

Form 990, Part VI, Section B, Line 15A

All key employee compensation is determined by the president of the board in collaboration with the compensation and talent management committee.

Form 990, Part VI, Section C, Line 19

The club does not make its governing documents, conflict of interest policy or financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
The Creek Inc
EIN
11-0613408
Phone
5166761405
Address
HORSE HOLLOW ROAD, LOCUST VALLEY, NY 11560

Signing Officer

Name
Glen Gordon
Title
Chief Financial Officer
Phone
5166761405
Signed
2025-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glen Gordon
Formed
1923
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
225
Volunteers
14

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
Alexander Lazzaruolo
Phone
2126617777
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 2,027,185. Cottage expenses 192,930.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Gross up of insurance proceeds 301,854.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 2,027,185. Cottage expenses 192,930.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Gross up of fire damage 301,854.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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