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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Local 580 Vacation Fund

Local 580 Vacation Fund

Fiscal year ending 2019. Filed on November 14, 2020.

501 West 42nd Street
New York, New York 10036

Local 580 Vacation Fund (EIN: 13-2874176) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Local 580 Vacation Fund, a 501(c)(9) voluntary employees' beneficiary association, reported compensation for 7 employees. Among the employees shown here, the average compensation is $275,560. The highest compensated employee at Local 580 Vacation Fund is Richard Falasca with fiscal year 2019 compensation of $313,577.

Revenue, expenses, and employee compensation

Revenue

$46,031,433

Expenses

$51,331,726

Employee compensation

$138,961
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Falasca
Director
$313,577
$0 $191,542 $122,035
Mark Nardella
Controller
$277,927
$13,094 $155,215 $109,618
Kevin McKeon
Union Trustee
$275,194
$0 $139,960 $135,234
Thomas Milton
Union Trustee
$275,194
$0 $139,960 $135,234
Peter Myers
Union Trustee - CO Chair
$275,194
$0 $139,960 $135,234
Robert Maguire
ASST FUND Director
$268,450
$12,557 $148,845 $107,048
Michael Wenzel Jr
Director of Audits
$243,383
$11,377 $135,274 $96,732

Benchmark Employee Compensation

Non-Employee Board Members

Michael Wenzel
Union Trustee
$702
$0 $411 $291
Francis Garabedian
Union Trustee
No compensation reported
Peter Carriero
Employer Trustee/President
No compensation reported
Randall Ment
President/Co-Chair
No compensation reported

Mission Statement

TO PROVIDE VACATION BENEFITS TO ELIGIBLE PARTICIPANTS.

Revisions to this organization profile

October 15, 2025:
2024 Local 580 Vacation Fund 990 filed
October 11, 2024:
2023 Local 580 Vacation Fund 990 filed
November 6, 2023:
2022 Local 580 Vacation Fund 990 filed

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