Transcom Inc

“The members of the organization consist of the 16 governmental public transportation agencies in the new jersey, new york and connecticut tri-state area. Each of the agencies appoints a representative to the board of trustees including the following agencies:new york city department of transportationconnecticut dotmetropolitan transportation authoritymta bridges and tunnelsmta new york city transitnew jersey dotnew jersey state policenew jersey transitnew jersey turnpike authoritynew york city police departmentnew york state bridge authoritynew york state dotnew tork state policenew york state thruway authorityport authority trans-hudson corp (path)the port authority of ny & nj”

“the members have the right to elect governmental agencies as members or grant associate status to non-operating governmental transportation agencies or public safety agencies.”

“the members annually approve the operating budget of the company. they approve the continuation or termination of existing programs and services and approve new programs. They also determine the allocation of federal highway administration grants to the various approved programs.”

“the preparer of the 990 will provide a copy to the executive director and controller for review. the executive director will provide a copy of the return to all of the board members and ask them to sign a form that states that the members have reviewed transcom's form 990 and are in concurrence with its contents.”

“employees who are unsure whether a certain transaction, activity or relationship constitutes a conflict of interest should discuss the matter with their supervisor or a member of management for clarification. any exception to the guidelines as outlined in the employee manual must be approved in writing by the executive director. Transcom has also adopted a policy of ethical behavior that applies to all member agency staff who are performing official duties on behalf of transcom, including members of the board of trustees, officers, committees and working groups. when encountering potential conflict of interest, these transcom representatives shall identify the potential conflict and as required remove themselves from all discussion and voting on the matter. when a transcom representative develops knowledge of illegal or unethical conduct or conflicts of interest, the representative is encouraged to bring this information to the attention of the executive director or the chair of the board of trustees.the executive director or the chair of the board of trustees will investigate allegations promptly and be reported on a timely basis. in connection with the review of the form 990 by the members of the board, they will also confirm in writing that they are aware of transcom's conflict of interest policy and they are in compliance with it.”

“the executive director's compensation is established in a dollar range and approved by the chair of the board of trustees based on meeting specific performance objectives. the officers and managers' compensation is reviewed and approved by the executive director.”

“the managers of each department approve the compensation of employees in their departments with final review and approval by the executive director.”

“governing documents, conflicts of interest policies and annual audited financial statements will be made available to the public by request either through written correspondence or e-mail”