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Filing year 2023

IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND

Miami, Florida·EIN 82-7012034·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$29M
Total assets
$28.8M
Total expenses
$35.2M
Reported officers
13
Mission

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

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Benefits COO
10th to 25th percentile
$65k
$71k
Administrato
Officer (Unspecified)
$52k
$57k
Asst Admin/t
Officer (Unspecified)
$44k
$49k
Finance Mana
Finance Manager
10th to 25th percentile
$37k
$41k
Benefits Man
Officer (Unspecified)
$32k
$35k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND equaled 0.2% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
0.2%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND

What does the Chief Operating Officer of IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND earn?

In 2023, the Chief Operating Officer of IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND received $64,682 in total compensation. This pay is in the bottom quarter for Chief Operating Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Operating Officer at IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND falls between the 10th and 25th percentiles. In 2023, the highest total compensation at IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND equaled 0.2% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND's revenue and expenses?

In 2023, IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND reported $29M in total revenue and $35.2M in total expenses on its IRS Form 990.

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