Transcom Inc
- Assets
- $11.0m
- Revenue
- $10.5m
- Investments
- $0.0
- Employees
- 29
- Location
- Jersey City, NJ
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 22-3606706
Organization Overview
Transcom Inc is located in Jersey City, NJ. The organization was established in 2000. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Transcom Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transcom 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, Transcom Inc generated $10.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $9.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS TO TEST & EXPAND TECHNOLOGIES TO IMPROVE QUALITY, TIMELINESS & DISSEMINATION OF TRANSPORTATION INFORMATION TO TRANSPORTATION AGENCIES & TRAVELER INFORMATION SYSTEMS FOR THE GENERAL PUBLIC THROUGH GRANTS FROM THE FEDERAL HIGHWAY ADMINISTRATION PASSED THROUGH THE NEW JERSEY DEPARTMENT OF TRANSPORTATION
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 ARRANGEMENT
BASE OPERATIONS CONSIST OF TRANSCOM'S DAY-TO-DAY COORDINATION ACTIVITIES (AS WELL AS THE CENTRAL ADMINISTRATIVE 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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Levine Executive Di | Officer | 40 | $180,717 |
Robert Bamford Dep Exec Dir | Officer | 40 | $161,539 |
Robert Glantzberg Operations D | 40 | $144,090 | |
Vincent Esposito Controller/s | Officer | 40 | $129,717 |
Bhavik Trivedi Sr Its Speci | 40 | $117,089 | |
Mary Buratti Hr& Admin Su | 40 | $106,613 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Infosenseglobal Solutions Software System | 12/30/21 | $4,400,885 |
Shi International Corp Computer Servic | 12/30/21 | $461,054 |
Volt Delta Resources Llc Cloud &Voice | 12/30/21 | $251,550 |
Computer Designe & Integration | 12/30/21 | $199,354 |
Coval Systems Inc Software System | 12/30/21 | $190,367 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,269,620 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,269,620 |
| Total Program Service Revenue | $6,170,489 |
| Investment income | $5,029 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,013 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,545,984 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $471,973 |
| Compensation of current officers, directors, key employees. | $310,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,518,567 |
| Pension plan accruals and contributions | $91,300 |
| Other employee benefits | $437,098 |
| Payroll taxes | $172,649 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,179 |
| Fees for services: Accounting | $106,599 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,006,465 |
| Advertising and promotion | $0 |
| Office expenses | $5,753 |
| Information technology | $406,761 |
| Royalties | $0 |
| Occupancy | $610,750 |
| Travel | $8,022 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $71,135 |
| Insurance | $78,289 |
| All other expenses | $5,254 |
| Total functional expenses | $9,573,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $759,432 |
| Savings and temporary cash investments | $8,580,162 |
| Pledges and grants receivable | $663,221 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $33,164 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $152,739 |
| Net Land, buildings, and equipment | $89,799 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $753,810 |
| Total assets | $11,032,327 |
| Accounts payable and accrued expenses | $3,196,277 |
| Grants payable | $0 |
| Deferred revenue | $1,020,372 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,216,649 |
| Net assets without donor restrictions | $2,310,583 |
| Net assets with donor restrictions | $4,505,095 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,032,327 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fuller Road Management Corporation Albany, NY | $601,969,946 | $4,855,956 |
New Jersey Manufacturing Extension Program Inc Cedar Knolls, NJ | $4,230,314 | $10,190,309 |
Transcom Inc Jersey City, NJ | $11,032,327 | $10,545,984 |
Service Coordination Resources Inc Erie, PA | $0 | $3,464,640 |
New York City Industrial Technology Assistance Corporation New York, NY | $2,890,075 | $3,091,612 |
Metro Iaf Inc Jamaica, NY | $14,740,906 | $11,706,994 |
Long Island Builders Institute Inc Islandia, NY | $791,681 | $1,652,443 |
Callahan Management Training Center Inc Syracuse, NY | $786,025 | $1,731,889 |
Wireless Neighborhoods Pittsburgh, PA | $1,102,731 | $1,341,475 |
Builders Exchange Inc Rochester, NY | $3,756,209 | $1,721,485 |
Innovative Manufacturers Center Inc Williamsport, PA | $2,231,135 | $1,571,341 |
National Classification Management Society Wayne, PA | $1,638,415 | $1,460,567 |