Overview
What is Webb Institute?
Webb Institute is a unique nonprofit educational organization based in Glen Cove, New York. With a focus on marine engineering and naval architecture, Webb Institute grants its students a Bachelor of Science degree upon completion of the four-year program. Accredited by both Middle States and ABET, the institute is dedicated to fostering the next generation of marine industry leaders, offering a specialized learning environment that emphasizes engineering, design, and innovation. The institute's mission is to inspire and educate talented students, contributing to the advancement of the marine field. Currently, Webb Institute employs a team of 52 individuals.
Official website here: www.webb.edu
What are the reviews and ratings of this charity?
Webb Institute currently does not have a rating from Charity Navigator, primarily due to insufficient electronically-filed IRS Form 990 data necessary for a comprehensive evaluation. Charity Navigator requires at least three consecutive years of this data for a full assessment under their Accountability & Finance methodology, which Webb Institute has not yet provided.
The absence of a rating on Charity Navigator does not imply any particular strengths or weaknesses of the Webb Institute but simply reflects an incomplete evaluation process. Historically, Charity Navigator's analyses have focused more on financial regulations rather than cultural factors like leadership adaptability or community impact, areas which are not currently scored for Webb Institute.
There are no user reviews available on GreatNonprofits for Webb Institute, which limits additional insight into the nonprofit's performance or community engagement. Thus, for potential supporters or stakeholders, the lack of evaluative data highlights the need for greater transparency and public information from the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Webb Institute?
92% of 33 reviewers on Facebook recommend Webb Institute. Here is a summary of their reviews:
Overall, sentiments towards Webb Institute exhibit a positive trend, with the majority of reviewers expressing a strong endorsement for the institution. Users appreciate the educational opportunities offered and the supportive environment for students. However, there is a notable comment that suggests a lack of thorough feedback, indicating that some individuals may have concerns or suggestions that are not widely shared.
Despite having limited reviews, the positive responses suggest that Webb Institute is making a significant impact and fulfilling its mission to educate and support its students effectively. The strong recommendation rate reflects an overall satisfaction with the experiences shared by its community.
This AI summary has been generated from reviews found on Facebook.
Is Webb Institute legitimate?
Webb Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Webb Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $733,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,157,685
For more financial information, click here
Official website here: www.webb.edu
What is the mission statement of Webb Institute?
The Webb Institute is dedicated to inspiring and cultivating the next generation of leaders in the field of marine engineering and design. Through an extraordinary learning community, the institute offers a focused college education in Naval Architecture and Marine Engineering, resulting in a Bachelor of Science degree for all students. The institution is accredited by Middle States and ABET, ensuring a high-quality educational experience. Webb Institute's mission is to nurture future professionals in this specialized field, preparing them for significant contributions to the marine industry.
Official website here: www.webb.edu
What is the revenue of Webb Institute?
Webb Institute's revenue in 2024 was $16,095,379.
Official website here: www.webb.edu
Who are the executives of Webb Institute and what are their salaries?
The average compensation at Webb Institute during 2024 was $72,056. There are 54 employees at Webb Institute.
Here are 36 key members and their salaries:
- Compensation: $245,000
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- Other: $45,459
- Compensation: $173,303
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- Other: $14,893
- Compensation: $147,371
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- Other: $45,742
- Compensation: $147,640
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- Other: $25,220
- Compensation: $156,925
- Related: $0
- Other: $12,130
- Compensation: $123,071
- Related: $0
- Other: $44,041
- Compensation: $157,783
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- Other: $8,244
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Official website here: www.webb.edu
Where can I find the form 990 for Webb Institute?
Webb Institute's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.webb.edu
Learn more at the official website: www.webb.edu
Mission Statement of Webb Institute
The Webb Institute, a distinguished educational institution, is dedicated to inspiring and nurturing the next generation of leaders in the field of marine engineering and design. Situated in an exceptional learning community, the Institute provides a unique undergraduate experience, granting students a Bachelor of Science degree in Naval Architecture and Marine Engineering. Accredited by Middle States and ABET The Accredited Board of Engineering Technology, Webb Institute's rigorous program equips students with the essential knowledge and skills required to excel in this specialized field. Through its singular focus on marine engineering and design, the Webb Institute is paving the way for the advancement of innovative solutions to complex marine challenges.
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Impact
October, 2024
Webb Institute plays a significant role in shaping the future of the marine engineering and design industry by providing a focused and intensive education in Naval Architecture and Marine Engineering. Located in Glen Cove, NY, the institute offers a unique four-year program that culminates in a Bachelor of Science degree, fully accredited by Middle States and ABET.
By fostering an extraordinary learning community, Webb Institute inspires and educates the next generation of leaders in the marine field. Its specialized curriculum not only equips students with essential technical skills but also cultivates innovative thinking and leadership qualities necessary for addressing the challenges in maritime engineering. The impact of Webb Institute extends beyond the classroom, as its graduates contribute to advancements in marine technology, enhance sustainability efforts, and drive progress within the industry as a whole. Through its commitment to excellence in education, Webb Institute continues to influence and elevate the standards of engineering within the marine sector.
This information is meant to be a general summary of Webb Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,809,617
- Program Service Revenue: $7,907,406
- Gross Receipts: $28,613,196
Assets and Liabilities:
- Total Assets: $95,004,753
- Total Liabilities: $5,755,920
- Net Assets: $89,248,833
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$6,043,235
Room and Board and Fees
Revenue
$1,864,171
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
1888
Principal Officer
Mark Martecchini
Website
www.webb.eduNTEE Category
Code: B500 - Education
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