Form 990 for tax year 2023
Filed by WOODS HOLE OCEANOGRAPHIC INSTITUTION.
Totals
- Total revenue
- $345,864,759
- Total expenses
- $331,628,959
- Contributions and grants received
- $334,061,264
- Grants paid
- $14,447,303
- Program services expenses (Part IX)
- $287,705,071
- Management and general expenses
- $38,567,426
- Fundraising expenses
- $5,356,462
- Program service expenses (Part III)
- $287,705,071
Program services were 86.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
PETER DE MENOCAL
PRESIDENT/DIRECTOR
- Total calculated
- $2,308,822
- From this org
- $1,684,069
- From related orgs
- $0
- Other
- $624,753
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $606,238
- Bonus
- $0
- Other
- $1,077,831
- Deferred
- $533,000
- Nontaxable benefits
- $91,753
- Filer's total
- $2,308,822
-
CHRISTOPHER LAND
VP LEGAL AFRS/GC (UNTIL 06/23)
- Total calculated
- $673,251
- From this org
- $651,647
- From related orgs
- $0
- Other
- $21,604
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $175,276
- Bonus
- $0
- Other
- $476,371
- Deferred
- $12,185
- Nontaxable benefits
- $9,419
- Filer's total
- $673,251
-
KATHRYN LINK
VP OPS & CFO
- Total calculated
- $512,834
- From this org
- $473,784
- From related orgs
- $0
- Other
- $39,050
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $407,919
- Bonus
- $41,000
- Other
- $24,865
- Deferred
- $33,000
- Nontaxable benefits
- $6,050
- Filer's total
- $512,834
-
ROBERT MUNIER
VP MARINE FACILITIES & OPS
- Total calculated
- $463,984
- From this org
- $390,574
- From related orgs
- $0
- Other
- $73,410
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $350,527
- Bonus
- $32,000
- Other
- $8,047
- Deferred
- $39,600
- Nontaxable benefits
- $33,810
- Filer's total
- $463,984
-
SAMUEL HARP
VP FOR ADVANCEMENT & CMO
- Total calculated
- $446,472
- From this org
- $383,568
- From related orgs
- $0
- Other
- $62,904
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $339,013
- Bonus
- $42,000
- Other
- $2,555
- Deferred
- $26,400
- Nontaxable benefits
- $36,504
- Filer's total
- $446,472
-
RICHARD MURRAY
DD & VP SCIENCE & ENGINEERING
- Total calculated
- $429,270
- From this org
- $391,593
- From related orgs
- $0
- Other
- $37,677
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $356,506
- Bonus
- $31,000
- Other
- $4,087
- Deferred
- $32,925
- Nontaxable benefits
- $4,752
- Filer's total
- $429,270
-
KEITH GLAVIN
SR. DIR. INFORMATION SYSTEMS
- Total calculated
- $370,110
- From this org
- $308,110
- From related orgs
- $0
- Other
- $62,000
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $299,791
- Bonus
- $5,000
- Other
- $3,319
- Deferred
- $31,217
- Nontaxable benefits
- $30,783
- Filer's total
- $370,110
-
PAUL MATTHIAS
SENIOR PROGRAM MANAGER AOPE
- Total calculated
- $366,503
- From this org
- $283,784
- From related orgs
- $0
- Other
- $82,719
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $280,624
- Bonus
- $0
- Other
- $3,160
- Deferred
- $35,916
- Nontaxable benefits
- $46,803
- Filer's total
- $366,503
-
GEORGE C CLAYTON
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $359,644
- From this org
- $311,624
- From related orgs
- $0
- Other
- $48,020
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $304,837
- Bonus
- $0
- Other
- $6,787
- Deferred
- $10,483
- Nontaxable benefits
- $37,537
- Filer's total
- $359,644
-
DONALD ANDERSON
SENIOR SCIENTIST
- Total calculated
- $354,430
- From this org
- $291,306
- From related orgs
- $0
- Other
- $63,124
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $288,046
- Bonus
- $0
- Other
- $3,260
- Deferred
- $35,514
- Nontaxable benefits
- $27,610
- Filer's total
- $354,430
-
MARY MCNAIR
INTERIM SECRETARY (AS OF 6/23)
- Total calculated
- $84,713
- From this org
- $55,211
- From related orgs
- $0
- Other
- $29,502
- Hours/week
- 40
-
PAUL SALEM
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2.5
-
MARIA WILHELM
VICE CHAIR - BD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 2.5
-
MARGARET A FLANAGAN
VICE CHAIR - BD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 2.5
-
STEVEN G HOCH
CHAIR OF CORP. (UNTIL 05/23)
- Total calculated
- $0
- Hours/week
- 2.5
-
JAMES M CLARK JR
CHAIR OF CORP. (AS OF 05/23)
- Total calculated
- $0
- Hours/week
- 2.5
-
WILLIAM SCHMIDT
TREASURER
- Total calculated
- $0
- Hours/week
- 2.5
-
CULLEN BUIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
SUSAN BURKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
ALAN CHUNG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
H LARRY CLARK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
GEORGE DAVID
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
ROBERT C DUCOMMUN
Trustee
- Total calculated
- $0
- Hours/week
- 2.5
-
MICHAEL ESPOSITO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
LAWRENCE FISH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
CLINT HARRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
SARAH JOHNSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
JOHN KREIDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
ANNE C KRONENBERG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
ROBIN POWELL MANDJES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
SALLY ROCKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
LINDA SALLOP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
ROBERT SMITH
TRUSTEE (AS OF 05/23)
- Total calculated
- $0
- Hours/week
- 2.5
-
JOHN STAVIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
EDWARD TREGURTHA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
BARBARA WU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
JAMES A AUSTIN JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
JAMES P ROSENFIELD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
JEFFERSON E HUGHES JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
JOYCE K MOSS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
SAMUEL COLEMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2.5
-
CHARLES WARD
TRUSTEE (UNTIL 05/23)
- Total calculated
- $0
- Hours/week
- 2.5
-
MICHELE S FOSTER
TRUSTEE (UNTIL 05/23)
- Total calculated
- $0
- Hours/week
- 2.5
-
THOMAS J TIERNEY
TRUSTEE (UNTIL 05/23)
- Total calculated
- $0
- Hours/week
- 2.5
-
D ALEC SARGENT
TRUSTEE (UNTIL 10/23)
- Total calculated
- $0
- Hours/week
- 2.5
-
ROBERT JEFFE
TRUSTEE (AS OF 10/23)
- Total calculated
- $0
- Hours/week
- 2.5
-
STEPHANIE VAN PUTTEN
TRUSTEE (AS OF 10/23)
- Total calculated
- $0
- Hours/week
- 2.5
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 — 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 · First-class or charter travel
- 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 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 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)
- BENEFITS TO INVIDUALS LISTED ON PART VII, SECTION A
- FIRST-CLASS OR CHARTER TRAVEL FORM 990, SCHEDULE J, LINE 1A CHRISTOPHER LAND RECEIVED FIRST-CLASS TRAVEL FOR BUSINESS PURPOSES. THE AMOUNT IS NOT INCLUDED IN TAXABLE INCOME AS THEY ARE APPROPRIATE BUSINESS EXPENSES UNDER AN ACCOUNTABLE PLAN. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE FORM 990, SCHEDULE J, LINE 1A PETER DE MENOCAL RECEIVED HOUSING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER. SUCH AMOUNTS ARE NOT CONSIDERED TAXABLE COMPENSATION. THE VALUE OF THE HOUSING IS INCLUDED IN SCHEDULE J, PART II, COLUMN (D).
- SEVERANCE PAYMENT
- FORM 990, SCHEDULE J, LINE 4A CHRISTOPHER LAND, IN CONNECTION WITH HIS SEPARATION FROM THE ORGANIZATION, WAS ENTITLED TO A TOTAL OF $449,567 DURING CALENDAR YEAR 2023. THESE PAYMENTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III).
- SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN
- FORM 990, SCHEDULE J, LINE 4B PURSUANT TO HIS EMPLOYMENT AGREEMENT IN 2021, PETER DE MENOCAL IS ENTITLED TO A $200,000 SIGNING BONUS, WHICH IS CREDITED TO HIS DEFERRED COMPENSATION ACCOUNT PURSUANT TO SECTION 457(F). THIS AMOUNT BECAME FULLY VESTED IN 2023 AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). PETER DE MENOCAL IS ENTITLED TO INCENTIVE PAYMENTS WHICH WERE CREDITED TO HIS DEFERRED COMPENSATION ACCOUNT PURSUANT TO SECTION 457(F). IN 2023, $850,000 OF INCENTIVE PAYMENTS BECAME FULLY VESTED AND ARE INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). PETER DE MENOCAL WAS AWARDED AN ADDITIONAL $500,000 OF INCENTIVE PAYMENTS IN 2023, WHICH WILL VEST OVER THE NEXT SEVERAL YEARS. THIS AMOUNT IS INCLUDED IN SCH J, PART II, COLUMN C.
- TERMS AND CONDITIONS OF DISCRETIONARY BONUS
- FORM 990, SCHEDULE J, LINE 7 CERTAIN LISTED PERSONS RECEIVED NONFIXED PERFORMANCE BONUSES IN 2023. THE BONUSES WERE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, AND THE AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN B(II).
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
WHOI TAX EXEMPT EMP WELFARE BEN TRUST
501(C)(9) · BEN. TRUST · MA · controlled entity
Directly controlled by WOODS HOLE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413209349316576
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