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Filing year 2024

LOCAL 580 - INSURANCE FUND

New York, New York·EIN 13-6178513·9
Total revenue
$56.9M
Total assets
$335.3M
Total expenses
$52.9M
Reported officers
11
Mission

THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Director of Education
highest compensated employee
$347k
$376k
Base
$190k
Bonus
$11k
Other
Benefits
$52k
Fund Administrator
key employee
$310k
$335k
Base
$173k
Bonus
$10k
Other
Benefits
$45k
Director of Audits
highest compensated employee
$310k
$335k
Base
$173k
Bonus
$10k
Other
Benefits
$45k
Controller
highest compensated employee
$258k
$279k
Base
$143k
Bonus
$10k
Other
Benefits
$38k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Up 2%
from 2023

From $340k in 2023 to $347k in 2024.

$340k
2023
$347k
2024
In today's dollarsEst.
Down 2% in real terms$382k to $376k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

LOCAL 580 - INSURANCE FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$46.7M
$54.4M
2023
$56.9M
$52.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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