TRANSCOM INC

EIN: 223606706 501(c)(3) Community Improvement

JERSEY CITY, NJ

Total Revenue
$14,450,688
Total Expenses
$14,438,655
Total Assets
$13,958,286
Net Assets
$8,059,284
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NJ
Principal Officer
STEVE LEVINE
Phone
2019634033
Tax Period
2024-01-01 to 2024-12-31

TRANSCOM INC, founded in 1998, is a mid-sized nonprofit in the Community Improvement sector that reported $14.5M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TRANSCOM IS A COALITION OF TRANSPORTATION AND PUBLIC SAFETY AGENCIES. IT IMPROVES REGIONAL MOBILITY AND SAFETY OF THE TRAVELING PUBLIC SUPPORTING ITS MEMBER AGENCIES THROUGH INTERAGENCY COMMUNICATION OF REAL-TIME TRAFFIC DATA, PLANNED AND UNPLANNED EVENTS AND THE ENHANCED UTILIZATION OF AGENCY EXISTING TRAFFIC AND TRANSPORTATION MANAGEMENT SYSTEMS. TRANSCOM IS A FORUM FOR COORDINATING THE INNOVATIVE AND COLLABORATIVE IMPLEMENTATION OF FUTURE SYSTEMS.

Program Service Accomplishments

Program 1
Expenses: $6,349,864

PROGRAMS TO TEST AND EXPAND TECHNOLOGIES TO IMPROVE QUALITY, TIMELINESS AND DISSEMINATION OF TRANSPORTATION INFORMATION TO TRANSPORTATION AGENCIES AND TRAVELER INFORMATION SYSTEMS FOR THE GENERAL...

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PROGRAMS TO TEST AND EXPAND TECHNOLOGIES TO IMPROVE QUALITY, TIMELINESS AND DISSEMINATION OF TRANSPORTATION INFORMATION TO TRANSPORTATION AGENCIES AND TRAVELER INFORMATION SYSTEMS FOR THE GENERAL PUBLIC THROUGH GRANTS FROM THE FEDERAL HIGHWAY ADMINISTARTION PASSED THROUGH THE NEW JERSEY DEPARTMENT OF TRANSPORTATION.

Program 2
Expenses: $6,061,314

BASE OPERATIONS CONSIST OF TRANSCOM'S DAY-TO-DAY COORDINATION ACTIVITIES (AS WELL AS THE CENTRAL ADMINISTARTIVE AND PLANNING FUNCTIONS TO SUPPORT THESE ACTIVITIES) THROUGH ITS 24-HOUR OPERATIONS...

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BASE OPERATIONS CONSIST OF TRANSCOM'S DAY-TO-DAY COORDINATION ACTIVITIES (AS WELL AS THE CENTRAL ADMINISTARTIVE AND PLANNING FUNCTIONS TO SUPPORT THESE ACTIVITIES) THROUGH ITS 24-HOUR OPERATIONS INFORMATION CENTER TO COLLECT TRAFFIC AND TRANSIT INCIDENT INFORMATION AND DISSEMINATE IT TO AFFECTED AGENCIES THROUGHOUT THE REGION

Program 3
Expenses: $729,455

VARIOUS MEMBER AGENCIES AND OTHER PUBLIC AND NON-PUBLIC COMPANIES CONTRACT WITH TRANSCOM TO PROVIDE TRANSPORTATION INFRASTRUCTURE SYSTEMS AND RELATED ONSITE SUPPORT UNDER A VARIETY OF COST AND...

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VARIOUS MEMBER AGENCIES AND OTHER PUBLIC AND NON-PUBLIC COMPANIES CONTRACT WITH TRANSCOM TO PROVIDE TRANSPORTATION INFRASTRUCTURE SYSTEMS AND RELATED ONSITE SUPPORT UNDER A VARIETY OF COST AND COST-PLUS REIMBURSEMENT ARRANGEMENTS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,854,042
Program Service Revenue $7,370,675
Investment Income $95,117
Other Revenue $130,854
TOTAL REVENUE $14,450,688

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,734,134
Fundraising Expenses $0
Program Expenses $13,140,633
Other Expenses $11,704,521
TOTAL EXPENSES $14,438,655

Year-over-Year Comparison

2024 2023 Change
Revenue $14,450,688 $12,594,302 +0.1%
Expenses $14,438,655 $12,173,611 +0.2%
Net Income $12,033 $420,691 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
26
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$570,696
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE LEVINE Executive Dir. 40.00
Officer
$188,644 $31,330 $219,974
ROBERT BAMFORD DEP EXEC DIR/TR 40.00
Officer
$175,166 $14,357 $189,523
BHAVIK TRIVEDI SR ITS SPECIALIST 40.00
$131,040 $41,851 $172,891
VINCENT ESPOSITO CONTROLLER/SEC 40.00
Officer
$146,703 $14,496 $161,199
MARY BURATI HR/ADMN SUPERVISOR 40.00
$123,026 $34,692 $157,718
HELENA ALSTON GRANT ADMINISTRATO 40.00
$107,875 $0 $107,875
MINOSCA ALCANTARA Trustee 2.00
Director
$0 $0 $0
CARL HAMANN Trustee 1.00
Director
$0 $0 $0
FRANK ANNICARO Trustee 1.00
Director
$0 $0 $0
TOM DONLON Trustee 1.00
Director
$0 $0 $0
PATRICK J CALLAHAN Trustee 1.00
Director
$0 $0 $0
JAMES CARONE Trustee 1.00
Director
$0 $0 $0
ALLISON C DE CERRENO Trustee 1.00
Director
$0 $0 $0
STEVEN JAMES Trustee 1.00
Director
$0 $0 $0
KEVIN CORBETT Trustee 1.00
Director
$0 $0 $0
SALVATORE COWAN Trustee 1.00
Director
$0 $0 $0
CLARELLE DEGRAFFE Trustee 1.00
Director
$0 $0 $0
MARIE THERESE DOMINGUEZ Trustee 1.00
Director
$0 $0 $0
MARGARET FORGIONE Trustee 1.00
Director
$0 $0 $0
FRANK HOARE Trustee 1.00
Director
$0 $0 $0
PAUL T RIZZO Trustee 1.00
Director
$0 $0 $0
DENNIS STABILE Trustee 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $14,450,688 $14,438,655 $13,958,286 $12,033
2023 $12,594,302 $12,173,611 $14,259,797 $420,691
2022 $11,461,830 $10,650,948 $14,277,128 $810,882
2021 $10,545,984 $9,573,857 $11,032,327 $972,127
2020 $13,237,689 $12,548,710 $10,198,983 $688,979
2019 $12,821,094 $10,973,031 $9,402,567 $1,848,063
2018 $11,588,316 $10,797,567 $7,324,553 $790,749
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