2026-05-15T09:53:40-04:00 2025-06-30 990 2024-07-01 111630912 WEBB INSTITUTE WEBB 5166712213 298 CRESCENT BEACH RD GLEN COVE NY 11542 Rhonda Lightcap Director of Financial Affairs 5164035390 2026-05-15 2024 2025-03-06 01:10:19Z Mark Martecchini 298 CRESCENT BEACH RD GLEN COVE NY 115421398 27548308 false X www.webb.edu X 1888 NY To inspire and educate tomorrows leaders in an extraordinary learning community focused on engineering and design in the marine field. 28 27 52 0 1106 0 6262773 9054025 7907406 8267267 1771339 3894277 153861 587235 16095379 21802804 6158694 6521860 0 0 4923632 4963629 0 62268 542486 5154116 5419157 16236442 16966914 -141063 4835890 101876182 113343891 3482898 2371120 98393284 110972771 To inspire and educate tomorrows leaders in an extraordinary learning community focused on engineering and design in the marine field. false false 13664591 6521860 8367595 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. 0 0 0 0 0 0 0 0 0 13664591 true true false false false false false true false true true true false false true true true false true false true false false true true false false false true true false false false false false false false false true false false false false false false false false true 163 0 52 true true true false false false false false false 0 false false false false false 28 27 false false false false false false false true true false false false true true true true true true true false X X Webb Institute Rhonda Lightcap 5164035390 298 CRESCENT BEACH RD GLEN COVE NY 11542 Mark Martecchini President 40.00 0.00 X X 254846 0 50611 Anthony Zic Development Director 40.00 0.00 X 167221 0 61656 Matthew Werner Dean 40.00 0.00 X 209472 0 16811 Neil Gallagher Professor 35.00 0.00 X 144046 0 56609 Richard Royce Professor 35.00 0.00 X 159209 0 27591 Richard Harris Professor 35.00 0.00 X 162746 0 12572 Rhonda Lightcap Finance Director 35.00 0.00 X 139073 0 28536 Elena Goloubeva Professor 35.00 0.00 X 135179 0 11290 Jon LaBerge Chairman 12.00 0.00 X X 0 0 0 Alison Granger Vice Chair 8.00 0.00 X X 0 0 0 Paulo Almeida Vice Chair 8.00 0.00 X X 0 0 0 Richard Biben Treasurer 6.00 0.00 X X 0 0 0 Brian Eisenhower Secretary 6.00 0.00 X X 0 0 0 Christopher Allard Trustee 2.00 0.00 X 0 0 0 David Bovet Trustee 8.00 0.00 X 0 0 0 CDR Richard Celotto Trustee 6.00 0.00 X 0 0 0 John Couch Trustee 4.00 0.00 X 0 0 0 Hampton Dixon Trustee 6.00 0.00 X 0 0 0 John Edgar III Trustee 2.00 0.00 X 0 0 0 Tim Glinatsis Trustee 2.00 0.00 X 0 0 0 Manuel Hontoria Trustee 4.00 0.00 X 0 0 0 John Malone Trustee 4.00 0.00 X 0 0 0 John McDonald Trustee 2.00 0.00 X 0 0 0 Eugene Miller III Trustee 4.00 0.00 X 0 0 0 Bruce Rosenblatt Trustee 8.00 0.00 X 0 0 0 Catriona Savage Trustee 2.00 0.00 X 0 0 0 Philip Shapiro Trustee 2.00 0.00 X 0 0 0 Ray Sheldon Trustee 2.00 0.00 X 0 0 0 Monique Sinmao Trustee 4.00 0.00 X 0 0 0 Leah Sosa Trustee 2.00 0.00 X 0 0 0 Paul Sullivan Trustee 4.00 0.00 X 0 0 0 Renee Tremblay Trustee 2.00 0.00 X 0 0 0 Jennifer Waters Trustee 4.00 0.00 X 0 0 0 Meldon Wolfgang IV Trustee 4.00 0.00 X 0 0 0 David Yim Trustee 2.00 0.00 X 0 0 0 1371792 0 265676 16 false true false FLIKCompass Group USA P O Box 417632 Boston MA 022417632 Food Service 645850 Mark & Son Metal Products Inc 333 Railroad Avenue Bedford Hills NY 10507 Fire Escapes 370954 NAIM Construction 41 Flatbush Avenue Brooklyn NY 11217 Masonry Repair/Waterproofing 302749 Marianos Cleaning Service Inc 55 Anderson Avenue North Babylon NY 11703 Cleaning Service 216945 Ultimate Power Inc 45 Nancy Street West Babylon NY 11704 Heating 155375 9 0 0 0 0 11662 9042363 300442 9054025 Tuition 611600 6322079 6322079 0 0 Room and Board and Fees 611600 1945188 1945188 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8267267 2226868 0 1106 2225762 0 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4657131 F Himalaya Capital Investors Offshore LP 2468520 F Ichigo Japan Fund B 3459949 F Kontiki Long Only Offshore Fund 2467883 F Lexin 1965 F Mission Value Global Fund LP 2001219 F The Nordflint Fund LLC 2409816 F Shawspring Partners QP Fund 1611909 F Silchester International Value Equity Exclusion Trust 4187001 F Sustainable Capital Africa Alpha Fund 3625365 F 43945608 0 Liability Under Split Interest Agreements 81004 81004 X 22712026 7743597 7743597 14968429 312515 6521860 6834375 21802804 10132539 0 10132539 312515 6521860 6834375 16966914 Part X, line 2 The Institute recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Management has determined that the Institute had no uncertain tax positions that would require financial statement recognition or disclosure. Part XI, line 4b Scholarships that were netted against related revenues were reclassed as expense for the purpose of reporting on the 990. Webb ensures that each student that is a U.S. citizen or permanent resident receives a full tuition scholarship. These are primarily paid through annual fundraising some restricted scholarship funds and drawing on the unrestricted endowment. Part XII, line 4b Scholarships that were netted against related revenues were reclassed as expense for the purpose of reporting on the 990. Webb ensures that each student that is a U.S. citizen or permanent resident receives a full tuition scholarship. These are primarily paid through annual fundraising some restricted scholarship funds and drawing on the unrestricted endowment. Part III, line 1a The Institute does not record contributions of works of art historical treasures and similar assets if the donated items are added to collections that meet all of the following conditions: a are held for public exhibition education or research in furtherance of public service rather than financial gain; b are protected kept unencumbered cared for and preserved; and c proceeds from sales of collection items are used to acquire other items for collections. Part III, line 4 Webb Institutes art and historical treasures consist primarily of models of ships artwork of ships and related maritime events original ship drawings and portraits of the Institutes founder and directors trustees. These are utilized by our faculty and students of naval architecture and marine engineering for educational purposes. Part V, line 4 The endowment funds exist primarily to provide tuition and room & board scholarships support faculty positions through endowed chairs support student research and education and for infrastructure development. true true true true true true true false false false false false false false false true false true Part I | PartandLinenumber:,Explanation:| Part1Line3,Webb Institute has a nondiscrimination policy in place which is publicized in its catalog and on its website.| Part1Line6,The Institute receives Pell FSEOG and Stafford loans on behalf of students from the Federal government and Higher Education Services Corp HESC scholarships from New York State on behalf of students as well as small amounts for Bundy Aid and a Library grant.| Central America and the Caribbean 0 0 Investments - 13470000 Sub-Saharan Africa 0 0 Investments - 3625000 0 0 0 0 17095000 17095000 false false false false true false Part I, II, III and IV | PartandLinenumber:,Explanation:| Part IV Line 4,The Institute did not meet the requirements to file Form 8621 as a 501c3.| Part IV Line 5,The Institute is not required to file Form 8865 as the relevant amounts are below the reporting threshold.| X X X X true Constellation Advancement LLC 45 Nancy Street West Babylon NY 11704 Capital Campaign Consultant false 0 60000 0 0 60000 0 Homecoming 11896 0 11896 0 0 0 0 0 8155 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11896 0 11896 0 0 0 0 0 8155 8155 3741 true Tuition Scholarships 108 0 6298079 Book Scholarships to cover tuition. Room & Board Scholarships 27 0 205913 Book Scholarships applied to room and board and student fees. Couch Design Software Assistance 108 0 17868 Book Assistance to cover the cost of design software. Part I Line 2 Scholarships are applied directly to student accounts to offset tuition room and board and other fees billed by the Institute. X true true X X X X false false false false false false false true false Mark Martecchini President 229846 0 25000 0 0 0 18270 0 32341 0 305457 0 0 0 Anthony Zic Development Director 162221 0 5000 0 0 0 12544 0 49112 0 228877 0 0 0 Matthew Werner Dean 199472 0 10000 0 0 0 14768 0 2043 0 226283 0 0 0 Neil Gallagher Professor 144046 0 0 0 0 0 10697 0 45912 0 200655 0 0 0 Richard Royce Professor 159209 0 0 0 0 0 11200 0 16391 0 186800 0 0 0 Richard Harris Professor 158546 0 4200 0 0 0 11394 0 1178 0 175318 0 0 0 Rhonda Lightcap Finance Director 133073 0 6000 0 0 0 9945 0 18591 0 167609 0 0 0 Part I Line 1a | Name :, Title:, Item Selected:, Description:| President Mark Martecchini, As a condition of employment the President is required to live on campus and is provided a house to live in. Utilities for the residence are paid for by the Institute as per contract and written policy statement.| Part I | PartandLinenumber:,Explanation:|Part I Line 7,Discretionary bonuses may be given as determined by the Board of Trustees.| X 19 300442 Avg High Low Mkt-=Gift Date 0 false true false Part VI, Line 11b The 990 is prepared by the Director of Financial Affairs and provided to the President of the Institute for a detailed review. Schedule B is provided to representatives of the Boards Gift Acceptance Committee for review. Except for Schedule B the 990 is then circulated to all Board members for any questions and or feedback prior to filing. Part VI, Line 12c Any conflict of interest that may arise during a trustees term requires immediate and full disclosure. Depending on the circumstances any trustee that has a conflict of interest surrounding a specific issue must recuse themselves from all decision-making processes with respect to the issue at hand and or under review. Part VI, Line 15 The Compensation Committee an independent body of the Board is responsible for determination and awarding of the Presidents annual salary subject to approval by the Executive Committee. Salary increases are merit-based and the Committee consults data from various independent sources and or peer organizations to determine annual compensation which is contemporaneously documented in minutes to the meeting. The President subject to the approval of the Compensation Committee is responsible for determining the annual salary and or raises of key employees. The President and Compensation Committee rely on published data obtained from independent sources specific to the regional area as well as comparable data of similar schools positions and job responsibilities in order to determine employee salaries. The President is responsible for determining salaries and or increases for other employees within the Compensation Committee approved guidelines. Part VI, Line 19 Webb lnstitutes governing documents Conflict of Interest policy financial statements and Form 990 returns are stored and maintained on the campus within the appropriate administrative offices. It is Webbs policy to make these documents available upon request of a third party. Webbs Form 990 returns are also available on Guidestar. com.