Long Island High Technology Incubator
SEE SCHEDULE O.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.
Financial Overview
From 2025 IRS Form 990-PF · 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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 | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RYAN WELCH | FACILITES AND OPS. MGR., SECRETARY | 40 | — |
| SUSAN DIBBINS | TREASURER | 4 | — |
| DAVID MARCUS | DIRECTOR | 0.2 | — |
| KACY BULLARD | DIRECTOR | 0.2 | — |
| NICHOLAS QUERQUES | DIRECTOR | 0.2 | — |
| PAUL SHEIFFELE | DIRECTOR | 0.2 | — |
| PETER DONNELLY | CHAIR (THROUGH 10/2024) | 1 | — |
| ANIL DHUNDALE | DIRECTOR | 0.2 | — |
| MICHAEL KINCH | CHAIR (AS OF 02/2025) | 1 | — |
| KEVIN GARDNER | DIRECTOR | 0.2 | — |
| ANDREW L WOOTEN | EXECUTIVE DIRECTOR | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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