Transitcenter Inc

Organization Overview

Transitcenter Inc is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Transitcenter Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transitcenter Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Transitcenter Inc generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $5.2m during the year ending 12/2021. While expenses have increased by 11.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Transitcenter Inc has awarded 172 individual grants totaling $5,996,816. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TRANSITCENTER IS DEDICATED TO SUPPORTING AND PROMOTING GREATER USE OF PUBLIC TRANSPORTATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2015, TRANSITCENTER EXPANDED ITS PROGRAMMING AND GRANT-MAKING SIGNIFICANTLY OVER THE PRIOR YEAR. THE ORGANIZATION SPONSORED EVENTS IN CHICAGO, SAN FRANCISCO, PORTLAND, OREGON AND CAMBRIDGE, MASSACHUSETTS TO SHOWCASE ITS REPORT "GETTING TO THE ROUTE OF IT." ADDITIONALLY, TRANSITCENTER PRESENTED FINDINGS FROM THIS AND OTHER REPORTS AT CONFERENCES IN GRAND RAPIDS, MICHIGAN, AUSTIN, TEXAS, BALTIMORE, MARYLAND, NEW ORLEANS, LOUISIANA AND WILLIAMSBURG, VIRGINIA. TRANSITCENTER PUBLISHED "A PEOPLE'S HISTORY OF RECENT URBAN TRANSPORTATION", A REPORT STUDYING RECENT INNOVATIONS IN TRANSPORTATION PRACTICE IN SIX MAJOR METROPOLITAN AREAS IN THE US INCLUDING NEW YORK, PORTLAND, CHICAGO, PITTSBURGH, DENVER AND CHARLOTTE. ADDITIONALLY, THE ORGANIZATION HELD EVENTS IN SEATTLE, PORTLAND AND NEW YORK CITY TO SHOWCASE THIS REPORT FOR UNIVERSITY STUDENTS, GOVERNMENT OFFICIALS, AND CIVIC LEADERS. IN PARTNERSHIP WITH TRANSPORTATION FOR AMERICA, TRANSITCENTER CREATED A YEARLONG ACADEMY FOR KEY LEADERS FROM INDIANAPOLIS, NASHVILLE AND RALEIGH TO SHARE BEST PRACTICES, DISCUSS CHALLENGES AND INFLUENCE TRANSPORTATION PLANNING. THIS PROGRAM INVOLVED 21 COMMUNITY LEADERS FROM THOSE THREE CITIES TO COME TOGETHER FOR FOUR WORKSHOPS ON THE SUBJECT OF TRANSPORTATION PLANNING. TRANSITCENTER FINANCIALLY SPONSORED "LIVE RIDE SHARE," THE FIRST CONFERENCE IN SOUTHERN CALIFORNIA DEDICATED TO CONNECTING THE REGION'S GROWING PUBLIC TRANSIT SYSTEM TO OTHER FORMS OF SHARED MOBILITY. OVER 300 ELECTED OFFICIALS, AGENCY STAFF, ADVOCATES AND ENTREPRENEURS ATTENDED.TRANSITCENTER CONDUCTED ITS FIRST-EVER OPEN CALL FOR GRANT PROPOSALS, SELECTING NINE WINNERS WHO WILL RECEIVE GRANTS OF BETWEEN $50,000 AND $150,000 TO RESEARCH OR ADVOCATE IMPROVED TRANSPORTATION. IN ADDITION TRANSITCENTER PROVIDED SMALLER GRANTS TO TRANSIT ADVOCACY GROUPS IN CITIES AROUND THE COUNTRY. FURTHERMORE, TRANSITCENTER SUPPLIED PHILANTHROPIC GRANTS VIA IOBY, A COMMUNITY ORGANIZATION, TO ENCOURAGE COMMUNITIES AROUND THE COUNTRY TO IMPROVE THEIR TRANSIT RIDER EXPERIENCE AND STRENGTHEN THE RELATIONSHIP BETWEEN COMMUNITIES AND THEIR TRANSIT AGENCIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
One Whitehall Lp
$337,267
Vanguard
$64,199
Bdo
$62,813
Sustainble Systems Research Llc
$50,810
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,184
Dividends & Interest $1,877,134
Net Rental Income$0
Net Gain on Sale of Assets $4,585,931
Capital Gain Net Income $4,585,931
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $6,464,249

Grants Awarded

Over the last fiscal year, Transitcenter Inc has awarded $1,591,991 in support to 39 organizations.

Grant RecipientAmount

RIDERS ALLIANCE INC

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT GRANT

$143,000

PITTSBURGHERS FOR PUBLIC TRANSIT ASSOCIATION

PURPOSE: ADVOCACY GRANT

$120,000

TRI-STATE TRANSPORTATION CAMPAIGN

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT GRANT

$110,000

ALLIANCE FOR A JUST SOCIETY-NORTHWEST FEDERATION OF COMMUNITY ORGANIZATION

PURPOSE: ADVOCACY/NETWORK COORDINATION GRANT

$85,000

ACTIVE TRANSPORTATION ALLIANCE

Org PageRecipient Profile

Chicago, IL

PURPOSE: GENERAL OPERATING SUPPORT

$85,000

MIAMI DADE TRANSIT ALLIANCE

Org PageRecipient Profile

Miami, FL

PURPOSE: GENERAL OPERATING SUPPORT

$85,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Transitcenter Inc has recieved totaling $75,000.

Awarding OrganizationAmount
Barr Foundation

Boston, MA

PURPOSE: CLIMATE: TO PROVIDE TECHNICAL ASSISTANCE TO BOSTON AREA TRANSIT ADVOCACY ORGANIZATIONS

$75,000
View Grant Recipient Profile

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