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EIN 13-6178513

Local 580 Insurance Fund

IRS 501(c) type
501(c)(9)
Num. employees
20
City
New York
State
New York
Year formed
1946
Most recent tax filings
2023-12-01
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
Description
To provide life Insurance, medical, hospitalization, dental, disability, hearing aids, death benefits, etc. For member of iron workers union Local 580. Life Insurance, medical, hospitalization, dental, disability, optical, hearing aids, death benefits, et….
Total revenues
$46,683,256
2023
Total expenses
$54,363,421
2023
Total assets
$327,954,180
2023
Num. employees
20
2023

Program areas at Local 580 Insurance Fund

The purpose of the plan is to provide health and other benefits to eligible participants.

Personnel at Local 580 Insurance Fund

NameTitleCompensation
Sean BoyleFund Director
Ryan HerbertDirector of Audits$173,129
Richard FalascaDirector of Education$195,781
Thomas LecompteController$176,596
Brendan TormeyFund Administrator$177,159
...and 1 more key personnel

Financials for Local 580 Insurance Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$39,565,203
Investment income and dividends$7,417,415
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-302,576
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,214
Total revenues$46,683,256

Form 990s for Local 580 Insurance Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-11990View PDF
2022-122023-11-06990View PDF
2021-122022-10-27990View PDF
2020-122021-11-11990View PDF
2018-122020-02-12990View PDF
...and 9 more Form 990s
Data update history
August 19, 2024
Updated personnel
Identified 3 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 23, 2024
Updated personnel
Identified 4 new personnel
January 2, 2024
Used new vendors
Identified 6 new vendors, including , , , , , and
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Fraternal societiesMutual assistance organizationsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
501 W 42nd St
New York, NY 10036
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
ironworkers580.org/benefits.aspx 
IRS details
EIN
13-6178513
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary
525120: Health and Welfare Funds
Parent/child status
Central organization
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