Public Charity

IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND

IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND is a nonprofit organization categorized as Public Charity based in MIAMI, FL. Its most recent IRS filing (2025) reports revenue of $33.4M, expenses of $83.6M, total assets of $34.5M.

EIN: 827012034 MIAMI, FL Voluntary Employees Beneficiary Associations (Non-Government) NTEE: Y43 Latest filing: 2025
Total Revenue$33.4M
Total Expenses$83.6M
Total Assets$34.5M
Grant Records0
Filing Years2021–2025

Mission

TO PROVIDE MEDICAL, DENTAL, AND OTHER WELFARE BENFITS TO ELIGIBLE MEMBERS.

Where $100 goes at Iaff Local 587 Health Insurance Trust Fund

How Iaff Local 587 Health Insurance Trust Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 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 $100 for programs

$50
Claims incurred to provide health, dental,and welfare benefits to eligible members
50% of program spending
$50
Claims incurred to provide health, dental, and welfare benefits to eligible members
50% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Akeem Donaldson
TRUSTEE Albert Robert
ADMINISTRATO Alexander Cardenas
TRUSTEE Freddy Delgado
FINANCE MANA Jorge Megias
TRUSTEE Louis Marshall

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $33.4M $83.6M $34.5M
2024 $29.0M $35.2M $28.8M
2023 $26.3M $60.3M $22.8M
2022 $26.3M $52.9M $22.0M
2021 $25.3M $42.9M $14.8M

Between 2021 and 2025, reported annual revenue grew from $25.3M to $33.4M (+32%), with total assets most recently reported at $34.5M.

Interactive year-over-year charts and full filing details available with membership.

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