Mission
TO OPERATE TRAINING AND EDUCATION PROGRAMS FOR APPRENTICES OF LOCAL 580 AND TO GIVE RETRAINING AND ADDITIONAL TRAINING TO JOURNEYMEN OF LOCAL 580.
Public Charity
LOCAL 580- EDUCATIONAL FUND
LOCAL 580- EDUCATIONAL FUND is a Public Charity headquartered in NEW YORK, NY. Financial data from the 2024 filing: $4.4M revenue, $3.9M expenses, $42.9M total assets.
EIN: 237040036
NEW YORK, NY
Latest filing: 2024
Total Revenue$4.4M
Total Expenses$3.9M
Total Assets$42.9M
Grant Records0
Filing Years2019–2024
Where $100 goes at Local 580- Educational Fund
How Local 580- Educational Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$64
Programs
the work itself
$36
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $64 for programs
$64
To operate training and education programs for apprentices of local 580 and to give retraining and additional training to journeymen of local 580
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
FUND ADMINISTRATOR
Brendan Tormey
UNION TRUSTEE - THRU 12/24
Earl Dunn
UNION TRUSTEEE - EFF 12/24
Enrique Marcano
UNION TRUSTEE
Joseph Maffei
UNION TRUSTEE
Joseph Nolan
INSTRUCTOR
Joseph Rooney
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.4M | $3.9M | $42.9M |
| 2023 | $4.4M | $3.6M | $42.5M |
| 2022 | $4.3M | $3.6M | $41.5M |
| 2020 | $4.9M | $3.4M | $40.8M |
| 2019 | $6.0M | $3.4M | $38.8M |
Between 2019 and 2024, reported annual revenue declined from $6.0M to $4.4M (-27%), with total assets most recently reported at $42.9M.
Interactive year-over-year charts and full filing details available with membership.