Nonprofit · EIN 11-1630912
WEBB INSTITUTE
Tax-exempt · GLEN COVE, NY 11542
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $21,802,804 | $16,966,914 | $4,835,890 | $113,343,891 | $2,371,120 | $110,972,771 |
| June 30, 2024 | 990 | $16,095,379 | $16,236,442 | -$141,063 | $101,876,182 | $3,482,898 | $98,393,284 |
| June 30, 2023 | 990 | $12,318,061 | $15,131,560 | -$2,813,499 | $98,135,331 | $5,840,608 | $92,294,723 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,054,025
- of which government grants
- $11,662
- Program service revenue
- $8,267,267
- Investment income
- $3,894,277
- Net gain from sales of assets
- $1,667,409
- Net income from fundraising events
- $4,046
- Other revenue
- $587,235
Expenses
- Grants and similar amounts paid
- $6,521,860
- Compensation of officers, directors and key employees
- $773,681
- Other salaries and wages
- $3,147,550
- Salaries, compensation and benefits (total)
- $4,963,629
- Professional fundraising fees
- $62,268
- Legal fees
- $24,544
- Accounting fees
- $55,485
- Occupancy
- $388,526
- Travel
- $65,959
- Depreciation
- $1,669,328
- Program services (functional)
- $13,664,591
- Management and general (functional)
- $2,759,837
- Fundraising (functional)
- $542,486
Balance sheet and other
- Total assets, start of year
- $101,876,182
- Total assets, end of year
- $113,343,891
- Total liabilities, end of year
- $2,371,120
- Net assets, end of year
- $110,972,771
- Land, buildings and equipment
- $26,750,911
- Publicly traded securities
- $36,979,710
- Net assets without donor restrictions
- $85,839,809
- Net assets with donor restrictions
- $25,132,962
- Gross unrelated business income
- $1,106
- Gross receipts
- $27,548,308
- Employees
- 52
- Volunteers
- 0
- Year formed
- 1888
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Mark Martecchini | President Trustee or director, Officer | 40 | $254,846 | $50,611 |
| Anthony Zic | Development Director Key employee | 40 | $167,221 | $61,656 |
| Matthew Werner | Dean Key employee | 40 | $209,472 | $16,811 |
| Neil Gallagher | Professor Highest-paid employee | 35 | $144,046 | $56,609 |
| Richard Royce | Professor Highest-paid employee | 35 | $159,209 | $27,591 |
| Richard Harris | Professor Highest-paid employee | 35 | $162,746 | $12,572 |
| Rhonda Lightcap | Finance Director Highest-paid employee | 35 | $139,073 | $28,536 |
| Elena Goloubeva | Professor Highest-paid employee | 35 | $135,179 | $11,290 |
| Jon LaBerge | Chairman Trustee or director, Officer | 12 | $0 | $0 |
| Alison Granger | Vice Chair Trustee or director, Officer | 8 | $0 | $0 |
| Paulo Almeida | Vice Chair Trustee or director, Officer | 8 | $0 | $0 |
| Richard Biben | Treasurer Trustee or director, Officer | 6 | $0 | $0 |
| Brian Eisenhower | Secretary Trustee or director, Officer | 6 | $0 | $0 |
| Christopher Allard | Trustee Trustee or director | 2 | $0 | $0 |
| David Bovet | Trustee Trustee or director | 8 | $0 | $0 |
20 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CDR Richard Celotto | Trustee Trustee or director | 6 | $0 |
| John Couch | Trustee Trustee or director | 4 | $0 |
| Hampton Dixon | Trustee Trustee or director | 6 | $0 |
| John Edgar III | Trustee Trustee or director | 2 | $0 |
| Tim Glinatsis | Trustee Trustee or director | 2 | $0 |
| Manuel Hontoria | Trustee Trustee or director | 4 | $0 |
| John Malone | Trustee Trustee or director | 4 | $0 |
| John McDonald | Trustee Trustee or director | 2 | $0 |
| Eugene Miller III | Trustee Trustee or director | 4 | $0 |
| Bruce Rosenblatt | Trustee Trustee or director | 8 | $0 |
| Catriona Savage | Trustee Trustee or director | 2 | $0 |
| Philip Shapiro | Trustee Trustee or director | 2 | $0 |
| Ray Sheldon | Trustee Trustee or director | 2 | $0 |
| Monique Sinmao | Trustee Trustee or director | 4 | $0 |
| Leah Sosa | Trustee Trustee or director | 2 | $0 |
| Paul Sullivan | Trustee Trustee or director | 4 | $0 |
| Renee Tremblay | Trustee Trustee or director | 2 | $0 |
| Jennifer Waters | Trustee Trustee or director | 4 | $0 |
| Meldon Wolfgang IV | Trustee Trustee or director | 4 | $0 |
| David Yim | Trustee Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 36 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Mark Martecchini | President Trustee or director, Officer | 40 | $245,000 | $45,459 |
| Anthony Zic | Development Director Key employee | 40 | $173,303 | $47,557 |
| Matthew Werner | Dean Key employee | 40 | $205,000 | $14,893 |
| Neil Gallagher | Professor Highest-paid employee | 35 | $147,371 | $45,742 |
| Richard Royce | Professor Highest-paid employee | 35 | $147,640 | $25,220 |
| Richard Harris | Professor Highest-paid employee | 35 | $156,925 | $12,130 |
| Bradley Golden | Professor Highest-paid employee | 35 | $123,071 | $44,041 |
| Matthew McMahon | Professor Highest-paid employee | 35 | $157,783 | $8,244 |
| Bruce Rosenblatt | Chairman Trustee or director, Officer | 12 | $0 | $0 |
| Alison Granger | Vice Chair Trustee or director, Officer | 8 | $0 | $0 |
| Jon LaBerge | Vice Chair Trustee or director, Officer | 8 | $0 | $0 |
| Greggory Mendenhall | Treasurer Trustee or director, Officer | 6 | $0 | $0 |
| Sherice Arman | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Christopher Allard | Trustee Trustee or director | 2 | $0 | $0 |
| Paulo Almeida | Trustee Trustee or director | 8 | $0 | $0 |
| Richard Biben | Trustee Trustee or director | 6 | $0 | $0 |
| David Bovet | Trustee Trustee or director | 8 | $0 | $0 |
| George Campbell Jr | Trustee Trustee or director | 4 | $0 | $0 |
| CDR Richard Celotto | Trustee Trustee or director | 6 | $0 | $0 |
| John Couch | Trustee Trustee or director | 4 | $0 | $0 |
| Hampton Dixon | Trustee Trustee or director | 6 | $0 | $0 |
| John Edgar III | Trustee Trustee or director | 2 | $0 | $0 |
| Brian Eisenhower | Trustee Trustee or director | 2 | $0 | $0 |
| Fernando Frimm | Trustee Trustee or director | 2 | $0 | $0 |
| Manuel Hontoria | Trustee Trustee or director | 4 | $0 | $0 |
| John Malone | Trustee Trustee or director | 4 | $0 | $0 |
| John McDonald | Trustee Trustee or director | 2 | $0 | $0 |
| Eugene Miller III | Trustee Trustee or director | 4 | $0 | $0 |
| Philip Shapiro | Trustee Trustee or director | 2 | $0 | $0 |
| Monique Sinmao | Trustee Trustee or director | 4 | $0 | $0 |
| Leah Sosa | Trustee Trustee or director | 2 | $0 | $0 |
| Paul Sullivan | Trustee Trustee or director | 6 | $0 | $0 |
| Kirsi Tikka | Trustee Trustee or director | 4 | $0 | $0 |
| Renee Tremblay | Trustee Trustee or director | 2 | $0 | $0 |
| Jennifer Waters | Trustee Trustee or director | 4 | $0 | $0 |
| Meldon Wolfgang IV | Trustee Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 34 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Anthony Zic | Development Director Key employee | 40 | $167,228 | $45,343 |
| R Keith Michel | Former President Former | 0 | $185,000 | $20,291 |
| Matthew Werner | Dean Key employee | 40 | $187,584 | $13,674 |
| Neil Gallagher | Professor Highest-paid employee | 35 | $141,408 | $43,535 |
| Richard Royce | Professor Highest-paid employee | 35 | $143,982 | $24,218 |
| Richard Harris | Professor Highest-paid employee | 35 | $151,616 | $11,758 |
| Rhonda Lightcap | Director of Finance Highest-paid employee | 40 | $128,868 | $23,160 |
| Elena Golubeva | Professor Highest-paid employee | 35 | $125,488 | $9,327 |
| Mark Martecchini | President Trustee or director, Officer | 40 | $110,000 | $12,479 |
| Bruce Rosenblatt | Chairman Trustee or director, Officer | 12 | $0 | $0 |
| Alison Granger | Vice Chair Trustee or director, Officer | 8 | $0 | $0 |
| Jon LaBerge | Vice Chair Trustee or director, Officer | 8 | $0 | $0 |
| Greggory Mendenhall | Treasurer Trustee or director, Officer | 6 | $0 | $0 |
| Sherice Arman | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Christopher Allard | Trustee Trustee or director | 2 | $0 | $0 |
| Paulo Almeida | Trustee Trustee or director | 8 | $0 | $0 |
| Richard Biben | Trustee Trustee or director | 6 | $0 | $0 |
| David Bovet | Trustee Trustee or director | 8 | $0 | $0 |
| George Campbell Jr | Trustee Trustee or director | 4 | $0 | $0 |
| CDR Richard Celotto | Trustee Trustee or director | 6 | $0 | $0 |
| John Couch | Trustee Trustee or director | 4 | $0 | $0 |
| Thomas Dickenson | Trustee Trustee or director | 2 | $0 | $0 |
| Hampton Dixon | Trustee Trustee or director | 6 | $0 | $0 |
| John Edgar III | Trustee Trustee or director | 2 | $0 | $0 |
| Fernando Frimm | Trustee Trustee or director | 2 | $0 | $0 |
| Manuel Hontoria | Trustee Trustee or director | 4 | $0 | $0 |
| John Malone | Trustee Trustee or director | 4 | $0 | $0 |
| Eugene Miller | Trustee Trustee or director | 4 | $0 | $0 |
| Philip Shapiro | Trustee Trustee or director | 2 | $0 | $0 |
| Monique Sinmao | Trustee Trustee or director | 4 | $0 | $0 |
| Paul Sullivan | Trustee Trustee or director | 6 | $0 | $0 |
| Kirsi Tikka | Trustee Trustee or director | 4 | $0 | $0 |
| Renee Tremblay | Trustee Trustee or director | 2 | $0 | $0 |
| Jennifer Waters | Trustee Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 298 CRESCENT BEACH RD, GLEN COVE, NY 11542-1398
- In care of
- % MARK MARTECCHINI
- Principal officer (990 for 2024)
- Mark Martecchini, 298 CRESCENT BEACH RD, GLEN COVE, NY 115421398
- Signed the 990
- Rhonda Lightcap, Director of Financial Affairs
- Phone
- (516) 671-2213
- Website
- www.webb.edu
Mission
To inspire and educate tomorrows leaders in an extraordinary learning community focused on engineering and design in the marine field.
Program accomplishments
- Webb Institute offers a single program service - a college education in Naval Architecture and Marine Engineering. All students receive a Bachelor of Science in Naval Architecture and Marine Engineering. Webb Institute is a 4 year college accredited by the Middle States Commission on Higher Education MSCHE and ABET formerly known as the Accreditation Board for Engineering and Technology.Expenses $13,664,591 · grants $6,521,860 · revenue $8,367,595
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 11-1630912
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1942
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B500)
- Assets (IRS master file)
- $113,343,891
- Income (IRS master file)
- $27,548,308
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $21,802,804 | $16,966,914 | $113,343,891 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $16,095,379 | $16,236,442 | $101,876,182 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $12,318,061 | $15,131,560 | $98,135,331 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $26,455,468 | $14,514,488 | $95,004,753 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-1630912).
Questions about WEBB INSTITUTE
- What is the EIN of WEBB INSTITUTE?
- The employer identification number (EIN) of WEBB INSTITUTE is 11-1630912.
- Is WEBB INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
- Are donations to WEBB INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WEBB INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WEBB INSTITUTE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WEBB INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WEBB INSTITUTE?
- The 990 for the year ended June 30, 2025 names Mark Martecchini.
- Who are the officers and directors of WEBB INSTITUTE?
- The 990 for the year ended June 30, 2025 lists 35 people; 8 received compensation from the organization, the highest $254,846 (Mark Martecchini, President).
- How much revenue does WEBB INSTITUTE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $21,802,804, expenses of $16,966,914 and total assets of $113,343,891 at year end.
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