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WEBB Institute

Public charity990-T FY2023
DBA: % MARK MARTECCHINI
Other · GLEN COVE, NY · EIN 11-1630912

About

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

In care of MARK Martecchini

Donations are tax-deductible
Category
Other
Employees
64
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$12.3M
Expenses
$15.1M
Assets
$98.1M
Liabilities
$5.8M

Financial history

$26.5M$13.2M$0
2223
RevenueExpenses
Latest FY2023: $12.3M · Peak FY2022: $26.5M

Foreign activity (Schedule F)

Total spent abroad$11.5M
Foreign employees0
Foreign offices0
RegionActivitySpent
Central America and the Caribbean
Sub-Saharan Africa

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$5.7M
WEBB INSTITUTE
Your actions

Address

298 Crescent Beach RD
GLEN COVE, NY, 11542-139

Governance

Voting board members26
Independent members25
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %40.0%
Permanent endowment %60.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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