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Nonprofiteer
← WEBB INSTITUTE

Form 990 for tax year 2024

Filed by WEBB INSTITUTE.

Totals

Total revenue
$21,802,804
Total expenses
$16,966,914
Contributions and grants received
$9,054,025
Grants paid
$6,521,860
Program service revenue
$8,267,267
Investment income
$3,894,277
Other revenue
$587,235
Total assets, end of year
$113,343,891
Total liabilities, end of year
$2,371,120
Net assets or fund balances, end of year
$110,972,771
Program services expenses (Part IX)
$13,664,591
Management and general expenses
$2,759,837
Fundraising expenses
$542,486
Program service expenses (Part III)
$13,664,591

Program services were 80.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Mark Martecchini

    President

    Total calculated
    $305,457
    From this org
    $254,846
    From related orgs
    $0
    Other
    $50,611
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,846
    Bonus
    $25,000
    Other
    $0
    Deferred
    $18,270
    Nontaxable benefits
    $32,341
    Filer's total
    $305,457
  • Anthony Zic

    Development Director

    Total calculated
    $228,877
    From this org
    $167,221
    From related orgs
    $0
    Other
    $61,656
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,221
    Bonus
    $5,000
    Other
    $0
    Deferred
    $12,544
    Nontaxable benefits
    $49,112
    Filer's total
    $228,877
  • Matthew Werner

    Dean

    Total calculated
    $226,283
    From this org
    $209,472
    From related orgs
    $0
    Other
    $16,811
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,472
    Bonus
    $10,000
    Other
    $0
    Deferred
    $14,768
    Nontaxable benefits
    $2,043
    Filer's total
    $226,283
  • Neil Gallagher

    Professor

    Total calculated
    $200,655
    From this org
    $144,046
    From related orgs
    $0
    Other
    $56,609
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $144,046
    Bonus
    $0
    Other
    $0
    Deferred
    $10,697
    Nontaxable benefits
    $45,912
    Filer's total
    $200,655
  • Richard Royce

    Professor

    Total calculated
    $186,800
    From this org
    $159,209
    From related orgs
    $0
    Other
    $27,591
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $159,209
    Bonus
    $0
    Other
    $0
    Deferred
    $11,200
    Nontaxable benefits
    $16,391
    Filer's total
    $186,800
  • Richard Harris

    Professor

    Total calculated
    $175,318
    From this org
    $162,746
    From related orgs
    $0
    Other
    $12,572
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $158,546
    Bonus
    $4,200
    Other
    $0
    Deferred
    $11,394
    Nontaxable benefits
    $1,178
    Filer's total
    $175,318
  • Rhonda Lightcap

    Finance Director

    Total calculated
    $167,609
    From this org
    $139,073
    From related orgs
    $0
    Other
    $28,536
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $133,073
    Bonus
    $6,000
    Other
    $0
    Deferred
    $9,945
    Nontaxable benefits
    $18,591
    Filer's total
    $167,609
  • Elena Goloubeva

    Professor

    Total calculated
    $146,469
    From this org
    $135,179
    From related orgs
    $0
    Other
    $11,290
    Hours/week
    35
  • Jon LaBerge

    Chairman

    Total calculated
    $0
    Hours/week
    12
  • Alison Granger

    Vice Chair

    Total calculated
    $0
    Hours/week
    8
  • Paulo Almeida

    Vice Chair

    Total calculated
    $0
    Hours/week
    8
  • Richard Biben

    Treasurer

    Total calculated
    $0
    Hours/week
    6
  • Brian Eisenhower

    Secretary

    Total calculated
    $0
    Hours/week
    6
  • Christopher Allard

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • David Bovet

    Trustee

    Total calculated
    $0
    Hours/week
    8
  • CDR Richard Celotto

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • John Couch

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • Hampton Dixon

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • John Edgar III

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Tim Glinatsis

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Manuel Hontoria

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • John Malone

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • John McDonald

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Eugene Miller III

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • Bruce Rosenblatt

    Trustee

    Total calculated
    $0
    Hours/week
    8
  • Catriona Savage

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Philip Shapiro

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Ray Sheldon

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Monique Sinmao

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • Leah Sosa

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Paul Sullivan

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • Renee Tremblay

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Waters

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • Meldon Wolfgang IV

    Trustee

    Total calculated
    $0
    Hours/week
    4
  • David Yim

    Trustee

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

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.|

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2026
IRS schema version
2024v5.1
Source object
202601359349305260

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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