Compensation 990

Local 580- Educational Fund

Fiscal year ending 2020. Filed on November 11, 2021.

501 West 42nd Street
New York, New York 10036

Local 580- Educational Fund (EIN: 23-7040036) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Local 580- Educational Fund, a 501(c)(5) labor, agricultural, or horticultural organization, reported compensation for 10 out of 15 total employees. Among the employees shown here, the average compensation is $283,618. The highest compensated employee at Local 580- Educational Fund is Richard M Falasca with fiscal year 2020 compensation of $319,458.

Revenue, expenses, and employee compensation

Revenue

$4,873,226

Expenses

$3,403,142

Employee compensation

$1,703,390
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard M Falasca
Education Director
$319,458
$190,538 from orgNo related comp$128,920 other
Peter Myers
Union Trustee
$297,031
$0 from org$154,674 from related$142,357 other
Thomas Milton
Union Trustee
$295,416
$0 from org$153,059 from related$142,357 other
Kevin McKeon
Union Trustee
$293,301
$0 from org$150,944 from related$142,357 other
Joseph Nolan
Union Trustee
$293,141
$0 from org$150,784 from related$142,357 other
John Cumberland
Union Trustee
$293,006
$0 from org$150,649 from related$142,357 other
Robert Maguire
Assistant Administrator
$279,193
$5,529 from org$161,017 from related$112,647 other
Mark Nardella
Controller
$270,838
$5,237 from org$152,516 from related$113,085 other
Joseph Roomey
Instructor
$247,720
$155,980 from orgNo related comp$91,740 other
Eli Negron
Instructor
$247,079
$162,356 from orgNo related comp$84,723 other

Non-Employee Board Members

Michael Wenzel
Union Trustee
$8,466
$0 from org$8,466 from relatedNo other comp
Randall Ment
Employer Trustee
No compensation reported
Randall Rifelli
Employer Trustee
No compensation reported
Peter Carriero
Employer Trustee
No compensation reported

Mission Statement

TO OPERATE TRAINING AND EDUCATION PROGRAMS FOR APPRENTICES OF LOCAL 580 AND TO GIVE RETRAINING AND ADDITIONAL TRAINING TO JOURNEYMEN OF LOCAL 580.

Revisions to this organization profile

October 15, 2025:
2024 Local 580- Educational Fund 990 filed
October 11, 2024:
2023 Local 580- Educational Fund 990 filed
November 1, 2023:
2022 Local 580- Educational Fund 990 filed

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