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Transcom Inc

EIN 22-3606706 · Jersey City, NJ

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood80 out of 100GovernanceStrong93 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$14.5 million
Spending
$14.4 million
Spent on programs
91%
Reserves
6.6 months of spending
Largest source of income
fees for its services, 51%
Employees
26
Highest pay
$219,974, executive dir.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 80 out of 100. Higher than 68% of charities in its peer group (community improvement, $10m to $100m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.6 months of spending.

  • Debt

    10 of 20

    It owes 42% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 0% of income.

  • Income trend

    15 of 15

    Income rose 15% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 93 out of 100. Higher than 33% of charities in its peer group (community improvement, $10m to $100m).

  • Independent board

    25 of 25

    16 of 16 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $6.3 million spent. 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.
  2. $6.1 million spent. 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
  3. $729,455 spent. 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

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2000.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.