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Filing year 2024

LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC

Stony Brook, New York·EIN 11-3059018·NTEE S30 · Community Improvement & Capacity Building·3
Total revenue
$2.6M
Total assets
$16.9M
Total expenses
$2.1M
Reported officers
11
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.

Reported officers (all unpaid)

No paid executives reported in 2024. LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC reported 11 unpaid officers and board members on its 990.

Facilites and Ops. Mgr., Secretary
Treasurer
Director
Director
Director
Director
Chair (through 10/2024)
Director
Chair (as of 02/2025)
Director
Executive Director
Financial trend

Revenue and expenses over time

LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.8M
$2.4M
2023
$2.6M
$2.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in New York

LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in New York earns a median of $103,140.

25th percentile
$42k
Median
$103,140
75th percentile
$212k
90th percentile
$362k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 214 organizations across 214 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for New York
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