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WEBB INSTITUTE
GLEN COVE, NY · EIN 111630912 · Form 990 · FY2024 · NTEE B500 · Education · Large ($10M-$50M) · webb.edu
revenue
$21.8M
expenses
$17.0M
net assets
$111.0M
employees
52
program ratio
81%
mission · from form 990

To inspire and educate tomorrows leaders in an extraordinary learning community focused on engineering and design in the marine field.

profile · synthesized from sources

Webb Institute is a small, private engineering college located in Glen Cove, New York, focused on marine engineering and naval architecture. It serves approximately 90 undergraduate students in a highly residential, student-driven community. The institute provides full-tuition scholarships to all students and emphasizes leadership, hands-on learning, and community engagement within a tight-knit campus environment.

named programs · 4 · from sources

What they call their work

Athletics Program
Varsity and intramural sports including sailing, soccer, basketball, volleyball, and tennis; open to all students regardless of experience
Community Service Program
Students organize monthly service events including beach cleanups, food drives, engineering outreach to local schools, and cooking for Ronald McDonald House
Full-Tuition Scholarship Program
Provides full-tuition scholarships to all admitted undergraduate students, making Webb the only private engineering college in the U.S. with this model
Student Leadership and Self-Governance
Students lead campus life through the Honor Code, Student Government, and self-organized activities including clubs, events, and community service
activities · 5 groups

What they do

  • Student Support and Academic Services 1 activity
    • Administer student records and transcript services
      Maintains comprehensive academic records including courses, enrollments, grades, and degrees, and issues official and unofficial transcripts for a $5 fee per request, contingent on students meeting financial obligations. Provides leadership in institutional student records management.
  • Higher Education Degree Programs 1 activity
    • Deliver undergraduate education in naval architecture and marine engineering
      Provides a specialized undergraduate education in naval architecture and marine engineering, awarding a dual bachelor’s degree. The institution has offered continuous education in this field since 1889 and maintains academic records, standards, and degree conferral processes.
  • Higher Education Career Placement 1 activity
    • Facilitate paid internships and career placement
      Provides paid internships for all students during the annual Winter Work Term in the maritime sector and achieves 100% job or graduate school placement within six months of graduation. Reports placement, retention, and early-career salary outcomes as part of institutional accountability.
  • Financial Aid and Scholarship Access Programs 1 activity
    • Provide full-tuition scholarships and financial aid
      Offers full-tuition scholarships to all admitted U.S. citizens and permanent resident students, with additional financial aid available for other expenses based on demonstrated need. This policy applies to all undergraduate students enrolled in the dual degree program in Naval Architecture and Marine Engineering.
  • Uncategorized 1 activity
    • Conduct fundraising and manage annual giving programs
      Raises funds through the Webb Alumni Fund, which has exceeded $2 million annually for eight consecutive years, with $2,588,845 raised in the most recent giving year. The Annual Fund covers 35% of operating costs. Also secured over $20 million in estate pledges and realized commitments through the Campaign for Webb planned giving initiative.
financials · form 990 · fy2024
revenue
Total revenue$21.80M
Contributions & grants$9.05M42%
Program service revenue$8.27M38%
Investment income$3.89M18%
Other revenue$587K
expenses
Total expenses$16.97M
Program expenses81%
Admin / overhead16%
Fundraising3%
Salaries & benefits$4.96M
Grants paid out$6.52M
Largest expense lineCompensation
balance sheet
Total assets$113.34M
Cash$561K
Investments$80.93M
Liabilities$2.37M
Net assets$110.97M
Liquid reserves57.6 mo
5 years on record · 2020–2024 · YoY revenue +35.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 8
NameTitleHours/wkCompensation
Mark Martecchini President 40 $305K
Anthony Zic Development Director 40 $229K
Matthew Werner Dean 40 $226K
Neil Gallagher Professor 35 $201K
Richard Royce Professor 35 $187K
Richard Harris Professor 35 $175K
Rhonda Lightcap Finance Director 35 $168K
Elena Goloubeva Professor 35 $146K
board members · 17
  • Alison Granger — Vice Chair
  • Brian Eisenhower — Secretary
  • Bruce Rosenblatt — Trustee
  • CDR Richard Celotto — Trustee
  • Catriona Savage — Trustee
  • Christopher Allard — Trustee
  • David Bovet — Trustee
  • David Yim — Trustee
  • Eugene Miller III — Trustee
  • Hampton Dixon — Trustee
  • Jennifer Waters — Trustee
  • John Couch — Trustee
  • John Edgar III — Trustee
  • John Malone — Trustee
  • John McDonald — Trustee
  • Jon LaBerge — Chairman
  • Leah Sosa — Trustee
relationships · 17

Who they work with

  • Bronx Pizza Partner — Host venue for the Webb Interns Pizza Party in San Diego.
  • Brooklin Boatworks Partner — Collaborates with students on boatbuilding as part of community service activities.
  • Common App Partner — Uses the Common Application platform for admissions applications
  • ExxonMobil Foundation Funder — Provided matching gifts to the Webb Alumni Fund, contributing approximately $190,000 in 2018-19.
  • Naval Surface Warfare Center, Carderock Division Partner — Collaborates with Webb Institute through an Educational Partnership Agreement to provide research access, mentorship, and career exposure for students.
  • Northwell Health Partner — Emergency service provider referenced for emergency response coordination.
  • Paul Sullivan Government — Retired Vice Admiral of the U.S. Navy and member of Webb Institute’s Board of Trustees who administered the Oath of Office during the naval commissioning.
  • Ronald McDonald House Partner — Students cook meals for the Ronald McDonald House as part of community service.
  • Society of Women Engineers Partner — Webb Institute alumna engaged with current students at the SWE Conference, indicating an ongoing connection between Webb and the organization.
  • The Princeton Review Network — Profiled in The Princeton Review's "The Best 390 Colleges" for 2025 based on academic and institutional criteria.
  • Thomas Suozzi Government — U.S. Representative and Glen Cove native who delivered the commencement keynote address and received an honorary doctorate from Webb Institute.
  • U.S. Army Partner — Participated in the naval commissioning ceremony with representation during the first salute.
  • U.S. Coast Guard Partner — Participated in the naval commissioning ceremony with representation during the first salute.
  • U.S. Department of Education Government — Complies with federal reporting requirements through IPEDS and College Navigator.
  • United States Navy Partner — Commissioned a Webb graduate as an Ensign during commencement, with participation from Navy leadership including a retired Vice Admiral and active-duty representatives.
  • University of Southampton Partner — Academic exchange partner for semester abroad program in engineering sciences and ship science.
  • William H. Webb Partner — Founded Webb Institute to provide tuition-free education in shipbuilding and marine engineering.
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Global Perspective through Exchange Programs
    methodology: global-perspective-through-exchange
    By offering international exchange opportunities, Webb Institute prepares students for global engineering roles because cross-cultural academic experiences broaden technical perspectives, build adaptability, and enhance collaboration in diverse professional environments.
  • Hands-on Engineering Education with Industry Integration
    methodology: hands-on engineering education with industry integration
    By integrating immersive, hands-on learning with an annual winter internship program, Webb Institute develops elite engineering leaders for the maritime and defense sectors because experiential training and real-world industry exposure produce deeper technical mastery and professional readiness.
  • Highly Accessible Faculty Model
    methodology: highly accessible faculty model
    By maintaining a highly accessible faculty model, Webb Institute enhances student learning and academic success because close, interactive relationships with professors enable personalized mentorship, immediate feedback, and deeper engagement in a rigorous engineering curriculum.
  • Professional Skills Integration in Engineering Education
    methodology: professional-skills-integration
    By integrating multidisciplinary professional skills into engineering education, Webb Institute prepares students for complex workplace challenges because combining technical rigor with communication, teamwork, and problem-solving skills produces more adaptable and effective engineering leaders.
  • Student Self-Governance through Honor Code
    methodology: honor_code_governance
    By implementing an Honor Code and fostering a self-governed student community, Webb Institute builds leadership, personal responsibility, and academic integrity because structured autonomy in a small, close-knit environment cultivates trust, accountability, and long-term professional ethics.