Long Island High Technology Incubator
The Long Island High Technology Incubator (LIHTI) is a non-profit organization that supports and stabilizes early-stage, high-risk, high-tech businesses. We are dedicated to helping new technologically-innovative companies grow by providing them with a variety of support resources and services. In addition to its beautiful setting, LIHTI's location on the stony brook university campus enables the transfer of ideas from the university to the private sector. The companies that develop and grow as a result of being a part of the incubator create jobs and expand the tax base on long island and in New York state.
Key facts about Long Island High Technology Incubator
- EIN
- 11-3059018
- Latest 990 filing
- Form 990 filing, 2025
- Total assets
- $16,857,671
Data from IRS Form 990 filing, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 filing · View filing
Total Assets
$16.9M
+0.4% YoY
Revenue
$2.6M
+39.5% YoY
Net Investment Income
$59
+34.1% YoY
Expenses
$2.1M
-12.8% YoY
About Long Island High Technology Incubator
Based on IRS filings
Long Island High Technology Incubator is a nonprofit organization focused on Community Improvement & Capacity Building, based in Stony Brook, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $16.9M in total assets. Net investment income was $59.
Focus Areas
Ready to take the next step with Long Island High Technology Incubator?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $11K (2024) to $140K (2023). In 2024 it made 1 grant totaling $11K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $16,857,671 | $16,794,320 | $6,097,369 |
| Revenue | $2,567,247 | $1,840,280 | $2,672,338 |
| Expenses | $2,104,425 | $2,413,358 | $2,648,163 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $59 | $44 | $56 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Long Island High Technology Incubator is led by Andrew L. Wooten, Executive Director on every filing since 2024; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Andrew L. Wooten
Executive Director
On filings since 2024
40 hrs/week
No compensation reported
Peter Donnelly
Chair
On filings since 2021
1 hr/week
No compensation reported
Michael Kinch
Chair
New on the 2025 filing
1 hr/week
No compensation reported
Paul Sheiffele
Director
Secretary → Director, 2021
On filings since 2020
0.2 hrs/week
No compensation reported
Anil Dhundale
Director
Executive Director → Director, 2025
On filings since 2022
0.2 hrs/week
No compensation reported
David Marcus
Director
On filings since 2022
0.2 hrs/week
No compensation reported
Kacy Bullard
Director
On filings since 2022
0.2 hrs/week
No compensation reported
Nicholas Querques
Director
On filings since 2022
0.2 hrs/week
No compensation reported
Kevin Gardner
Director
On filings since 2024
0.2 hrs/week
No compensation reported
Ryan Welch
Facilites, Ops. Manager & Secretary
Secretary → Facilites, Ops. Manager & Secretary, 2024
On filings since 2021
40 hrs/week
No compensation reported
Susan Dibbins
Treasurer
On filings since 2021
4 hrs/week
No compensation reported
Former officers (12)
- Former: Richard Reeder (2020–2024) — Ex-Officio & Vice Chair
- Former: Robert Brill (2020–2024) — Director
- Former: Jon Longtin (2022–2024) — Director
- Former: Lyle Gomes (2022–2024) — Director
- Former: Miguel Garcia-Diaz (2024) — Ex-Officio & Director
- Former: Matthew Stadler (2020–2022) — Executive Director
- Former: Andrew Hazen (2020–2021) — Director
- Former: Kenneth Kaushansky (2020–2021) — Director
- Former: Mary Walton (2020–2021) — Secretary
- Former: Steve Winick (2020–2021) — Director
- Former: Yusuf Hannun (2020–2021) — Director
- Former: Michael Bernstein (2020) — Former Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Long Island High Technology Incubator
How large is Long Island High Technology Incubator?
Long Island High Technology Incubator reported $16.9M in total assets on its 2025 IRS Form 990 filing. Its revenue that year was $2.6M.
What is Long Island High Technology Incubator?
Long Island High Technology Incubator is a nonprofit organization focused on Community Improvement & Capacity Building, based in Stony Brook, NY. It holds $16.9M in total assets as of 2025.
Where does Long Island High Technology Incubator operate?
Long Island High Technology Incubator has awarded grants in New York.
What is Long Island High Technology Incubator's EIN?
Long Island High Technology Incubator's EIN (Employer Identification Number) is 11-3059018. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Long Island High Technology Incubator by hand.
Explore Open Grants
Browse active grant opportunities in Long Island High Technology Incubator's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Ford Foundation
New York, NY
The Ford Foundation funds organizations, individuals, and ideas working to reduce inequality and advance social justice, including work in areas such as immigrant justice, criminal justice reform, gender equity, and arts and culture, through grants around the world. Its 2024 grants had a median of $100,000, with amounts ranging from $45 to $15 million; it does not accept unsolicited requests by mail, email, or phone.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The New York Community Trust
New York, NY
The New York Community Trust funds projects in areas including arts, education, health, human services, community development, and the environment, primarily in New York City, Long Island, and Westchester, with some opportunities elsewhere. Its 2024 median grant was $20,000, though awards varied widely. It accepts applications through its open competitive grants program and selected RFPs or letters of interest; donor-advised funds do not accept proposals.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research in mathematics and the basic sciences, as well as autism and other disease research, through grants to research centers, universities, and related organizations. In 2024, grants ranged from $1,480 to $20 million, with a median of $72,000; funding is concentrated in New York, California, and Massachusetts, with awards also made elsewhere in the U.S. and internationally. Whether it accepts unsolicited requests is not stated.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
Local Initiatives Support Corporation
New York, NY
Local Initiatives Support Corporation funds affordable housing, economic development, education, health, child care, small businesses and other community initiatives, often through grants, loans and equity. Its 2024 grants had a median of $40,000, with awards ranging from $5,189 to $4.7 million, and its work spans communities across all 50 states. It offers specific grant opportunities, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$1.6B
Grants
1,119
Total Given
$102.8M
Wellspring Philanthropic Fund Inc
New York, NY
Wellspring Philanthropic Fund supports climate and environmental work, human rights, civic engagement, Jewish causes, and some economic-opportunity initiatives, with grants reported across the U.S. and internationally. In 2024, its grants ranged from $500 to $9.75 million, with a median of $200,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$134.4M
Grants
1,101
Total Given
$326.0M
More Funders in New York
Long Island High Technology Incubator down — hundreds of funders to go?