Mission
THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.
Public Charity
LOCAL 580 - INSURANCE FUND
Based in NEW YORK, NY, LOCAL 580 - INSURANCE FUND operates as a Public Charity. The organization reported $56.9M in revenue, $52.9M in expenses, $335.3M in total assets for fiscal year 2024.
EIN: 136178513
NEW YORK, NY
Latest filing: 2024
Total Revenue$56.9M
Total Expenses$52.9M
Total Assets$335.3M
Grant Records0
Filing Years2019–2024
Officers & Directors
FUND ADMINISTRATOR
Brendan Tormey
UNION TRUSTEE
Joseph Nolan
UNION TRUSTEE
Kevin Mckeon
EMPLOYER TRUSTEE
Peter Carriero
EMPLOYER TRUSTEE
Randall Ment
EMPLOYER TRUSTEE
Randall Rifelli
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $56.9M | $52.9M | $335.3M |
| 2023 | $46.7M | $54.4M | $328.0M |
| 2022 | $45.8M | $55.3M | $321.8M |
| 2020 | $52.0M | $39.7M | $358.3M |
| 2019 | $70.0M | $49.1M | $330.5M |
Between 2019 and 2024, reported annual revenue declined from $70.0M to $56.9M (-19%), with total assets most recently reported at $335.3M.
Interactive year-over-year charts and full filing details available with membership.