Long Island High Technology Incubator logo

Long Island High Technology Incubator

STONY BROOK, NY EIN: 11-3059018 Website

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.

Ready to take the next step with Long Island High Technology Incubator?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Bay ShoreEast RockawayEast SetauketOyster BaySmithtownStony Brook

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$796K$2M$2M$3M202020212022202320242025
Metric202520242023
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

$0$35K$70K$105K$140K0 grants20200 grants20210 grants20229 grants20231 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
RYAN WELCHFACILITES AND OPS. MGR., SECRETARY40
SUSAN DIBBINSTREASURER4
DAVID MARCUSDIRECTOR0.2
KACY BULLARDDIRECTOR0.2
NICHOLAS QUERQUESDIRECTOR0.2
PAUL SHEIFFELEDIRECTOR0.2
PETER DONNELLYCHAIR (THROUGH 10/2024)1
ANIL DHUNDALEDIRECTOR0.2
MICHAEL KINCHCHAIR (AS OF 02/2025)1
KEVIN GARDNERDIRECTOR0.2
ANDREW L WOOTENEXECUTIVE DIRECTOR40

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Long Island High Technology Incubator on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities