Public Charity

LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC

LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC is a Public Charity headquartered in STONY BROOK, NY. Financial data from the 2025 filing: $2.6M revenue, $2.1M expenses, $16.9M total assets. 2 publicly reported grants to this organization, totaling roughly $50K, appear in IRS filings.

EIN: 113059018 STONY BROOK, NY Latest filing: 2025
Total Revenue$2.6M
Total Expenses$2.1M
Total Assets$16.9M
Grant Records2
Funding Total$50K
Filing Years2020–2025

Mission

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.

Sample Grants Received

2023
INNOVATION AWARD
$11,000
2022
INNOVATION AWARD
$39,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

EXECUTIVE DIRECTOR Andrew L Wooten
DIRECTOR Anil Dhundale
DIRECTOR David Marcus
DIRECTOR Kacy Bullard
DIRECTOR Kevin Gardner
CHAIR (AS OF 02/2025) Michael Kinch

Officer compensation and complete director data available with membership.

Top Grant Purposes

INNOVATION AWARD
$50,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.6M $2.1M $16.9M
2024 $1.8M $2.4M $16.8M
2023 $2.7M $2.6M $6.1M
2021 $2.2M $2.4M $6.3M
2020 $2.5M $2.3M $6.6M

Between 2020 and 2025, reported annual revenue grew from $2.5M to $2.6M (+4%), with total assets most recently reported at $16.9M.

Interactive year-over-year charts and full filing details available with membership.

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