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Organizations Community Improvement & Capacity Building Long Island High Technology Incubator Inc.

Long Island High Technology Incubator Inc.

Fiscal year ending 2021. Filed on April 7, 2022.

25 Health Sciences Drive
Stony Brook, New York 11790

Long Island High Technology Incubator Inc. (EIN: 11-3059018) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2021 IRS Form 990 filing, Long Island High Technology Incubator Inc., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $96,392. The highest compensated employee at Long Island High Technology Incubator Inc. is Matthew Stadler with fiscal year 2021 compensation of $164,171.

Revenue, expenses, and employee compensation

Revenue

$2,198,556

Expenses

$2,387,176

Employee compensation

$873,530
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Stadler
Executive Director
$164,171
$0 $129,998 $34,173
Ryan Welch
Secretary (AS of 6/15/21)
$117,308
$0 $83,135 $34,173
Mary Walton
Secretary (Through 6/15/21)
$81,498
$0 $55,074 $26,424
Susan Dibbins
Treasurer (AS of 6/15/21)
$22,590
$0 $22,590 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Andrew Hazen
Director
Kenneth Kaushansky
Director
Paul Sheiffele
Director
Peter Donnelly
Chair
Richard Reeder
Director
Robert Brill
Director
Steve Winick
Director
Yusuf Hannun
Director

Mission Statement

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.

Revisions to this organization profile

October 24, 2025:
2025 Long Island High Technology Incubator Inc. 990 filed
November 8, 2024:
2024 Long Island High Technology Incubator Inc. 990 filed
November 16, 2023:
2023 Long Island High Technology Incubator Inc. 990 filed

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