Electrical Workers Local No 86 Insurance Fund Plan And Trust

Rochester, NY
Tax-exempt since Feb. 1960
EIN: 16-0778220

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Type of Nonprofit

Designated as a 501(c)(9) Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are not tax deductible.

Revenue

$21.7M (2024)

Expenses

$19.4M (2024)

Total Assets

$32.2M (2024)

Total Liabilities

$488k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Oct.
2024

Revenue

$21,718,168

Expenses

$19,429,537

Net Income

$2,288,631

Net Assets

$31,723,291

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$20,243,642	93.2%
Investment Income	$1,044,942	4.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$429,280	2.0%
Net Inventory Sales	$0
Other Revenue	$304	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$47,212	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$50,458	0.3%

Assets/Debt
Total Assets	$32,211,615
Total Liabilities	$488,324
Net Assets	$31,723,291

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael P Cecere (Fund Office Manager Until 8/2024)	$96,278	$0	$79,092
Peter Stoller (Trustee)	$0	$0	$0
Jonathon Hand (Trustee)	$0	$0	$0
Raymond Ryerse (Trustee)	$0	$0	$0
Timothy Longbine (Trustee)	$0	$0	$0
Michael Conover (Trustee)	$0	$0	$0
Daniel J Streicher (Trustee)	$0	$0	$0
Michelle Catalfamo (Fund Office Manager As Of 8/2024)	$0	$0	$0

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990

Filed on Aug. 21, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Oct.
2023

Revenue

$20,442,407

Expenses

$18,798,449

Net Income

$1,643,958

Net Assets

$27,261,440

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$19,978,357	97.7%
Investment Income	$677,070	3.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$224,856
Net Inventory Sales	$0
Other Revenue	$11,836	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$40,849	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$41,557	0.2%

Assets/Debt
Total Assets	$27,931,539
Total Liabilities	$670,099
Net Assets	$27,261,440

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael P Cecere (Fund Office Manager)	$92,088	$0	$63,366
Peter Stoller (Trustee)	$0	$0	$0
Victor E Salerno (Trustee)	$0	$0	$0
Jonathon Hand (Trustee)	$0	$0	$0
Raymond Ryerse (Trustee)	$0	$0	$0
Timothy Longbine (Trustee)	$0	$0	$0
Michael Conover (Trustee)	$0	$0	$0

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990

Filed on June 28, 2024

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Fiscal Year Ending Oct.
2022

Revenue

$19,366,505

Expenses

$16,324,311

Net Income

$3,042,194

Net Assets

$25,078,441

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$18,618,980	96.1%
Investment Income	$294,962	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$452,033	2.3%
Net Inventory Sales	$0
Other Revenue	$530	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$34,772	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$52,521	0.3%

Assets/Debt
Total Assets	$25,547,698
Total Liabilities	$469,257
Net Assets	$25,078,441

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael P Cecere (Fund Office Manager)	$88,554	$0	$65,012
Brian Bullen (Trustee Until 8/22)	$848	$0	$496
John Smyth (Trustee Until 8/22)	$475	$0	$297
Peter Stoller (Trustee)	$0	$0	$0
Victor E Salerno (Trustee)	$0	$0	$0
Jonathon Hand (Trustee)	$0	$0	$0
Raymond Ryerse (Trustee As Of 8/22)	$0	$0	$0
Timothy Longbine (Trustee As Of 8/22)	$0	$0	$0
Michael Conover (Trustee As Of 8/22)	$0	$0	$0
Michael J Bader (Trustee Until 8/22)	$0	$0	$0

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990

Filed on June 12, 2023

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Fiscal Year Ending Oct.
2021

Revenue

$18,525,409

Expenses

$16,817,478

Net Income

$1,707,931

Net Assets

$25,184,856

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$43,022	0.2%
Program Services	$17,200,430	92.8%
Investment Income	$273,414	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,008,543	5.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$53,950	0.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$50,261	0.3%

Assets/Debt
Total Assets	$26,301,983
Total Liabilities	$1,117,127
Net Assets	$25,184,856

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael P Cecere (Fund Office Manager)	$89,182	$0	$49,338
Brian Bullen (Trustee)	$909	$0	$571
John Smyth (Trustee)	$306	$0	$193
Peter Stoller (Trustee)	$0	$0	$0
Victor E Salerno (Trustee)	$0	$0	$0
Jonathon Hand (Trustee)	$0	$0	$0
Michael J Bader (Trustee)	$0	$0	$0

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990

Filed on May 31, 2022

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Fiscal Year Ending Oct.
2020

Revenue

$18,733,780

Expenses

$13,835,532

Net Income

$4,898,248

Net Assets

$22,473,948

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$17,285,236	92.3%
Investment Income	$293,446	1.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,155,098	6.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$53,393	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$49,621	0.4%

Assets/Debt
Total Assets	$23,150,188
Total Liabilities	$676,240
Net Assets	$22,473,948

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael P Cecere (Fund Office Manager)	$84,028	$0	$48,032
Brian Bullen (Trustee)	$1,239	$0	$0
John Smyth (Trustee)	$374	$0	$0
Peter Stoller (Trustee)	$0	$0	$0
Victor E Salerno (Trustee)	$0	$0	$0
Jonathan Hand (Trustee)	$0	$0	$0
Michael J Bader (Trustee)	$0	$0	$0
Daniel O'melia (Trustee Until 8/30/2020)	$0	$0	$0

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990

Filed on May 21, 2021

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Fiscal Year Ending Oct.
2019

Revenue

$18,022,061

Expenses

$15,825,171

Net Income

$2,196,890

Net Assets

$17,509,833

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$17,491,176	97.1%
Investment Income	$261,930	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$173,578	1.0%
Net Inventory Sales	$0
Other Revenue	$95,377	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$52,094	0.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$47,897	0.3%

Assets/Debt
Total Assets	$18,001,860
Total Liabilities	$492,027
Net Assets	$17,509,833

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael P Cecere (Fund Office Manager)	$82,580	$0	$47,118
Peter Stoller (Trustee)	$0	$0	$0
Victor E Salerno (Trustee)	$0	$0	$0
David A Young Jr (Trustee Until 8/30/2019)	$0	$0	$0
Daniel O'mealia (Trustee)	$0	$0	$0
Jonathan Hand (Trustee)	$0	$0	$0
Brian Bullen (Trustee)	$0	$0	$0
Michael J Bader (Trustee As Of 9/1/2019)	$0	$0	$0

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990

Filed on June 9, 2020

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Fiscal Year Ending Oct.
2018

Revenue

$16,842,013

Expenses

$16,521,746

Net Income

$320,267

Net Assets

$14,425,348

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$16,209,033	96.2%
Investment Income	$216,595	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$416,385	2.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$50,844	0.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$46,652	0.3%

Assets/Debt
Total Assets	$14,948,292
Total Liabilities	$522,944
Net Assets	$14,425,348

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael P Cecere (Fund Office Manager)	$81,632	$0	$46,065
Peter Stoller (Trustee)	$0	$0	$0
Victor E Salerno (Trustee)	$0	$0	$0
David A Young Jr (Trustee)	$0	$0	$0
Daniel O'mealia (Trustee)	$0	$0	$0
Jonathan Hand (Trustee)	$0	$0	$0
Brian Bullen (Trustee)	$0	$0	$0

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990

Filed on Sept. 4, 2019

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Fiscal Year Ending Oct.
2017

Revenue

$15,430,226

Expenses

$15,769,009

Net Income

-$338,783

Net Assets

$14,614,942

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$14,937,744	96.8%
Investment Income	$170,197	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$322,285	2.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$49,611	0.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$45,705	0.3%

Assets/Debt
Total Assets	$15,274,642
Total Liabilities	$659,700
Net Assets	$14,614,942

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael P Cecere (Fund Office Manager)	$80,648	$0	$45,645
Peter Stoller (Trustee)	$0	$0	$0
Victor E Salerno (Trustee)	$0	$0	$0
David A Young Jr (Trustee)	$0	$0	$0
Daniel O'mealia (Trustee)	$0	$0	$0
Jonathan Hand (Trustee)	$0	$0	$0
Brian Bullen (Trustee)	$0	$0	$0

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990

Filed on June 20, 2018

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Fiscal Year Ending Oct.
2016

Revenue

$14,932,022

Expenses

$13,157,893

Net Income

$1,774,129

Net Assets

$14,513,362

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$14,775,482	99.0%
Investment Income	$157,699	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,159
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$52,114	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$46,963	0.4%

Assets/Debt
Total Assets	$14,883,667
Total Liabilities	$370,305
Net Assets	$14,513,362

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael P Cecere (Fund Office Manager)	$78,528	$0	$44,337
Peter Stoller (Trustee)	$0	$0	$0
Victor E Salerno (Trustee)	$0	$0	$0
David A Young Jr (Trustee)	$0	$0	$0
Daniel O'mealia (Trustee)	$0	$0	$0
Brian Bullen (Trustee)	$0	$0	$0
Jonathan Hand (Trustee)	$0	$0	$0

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990

Filed on May 30, 2017

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Fiscal Year Ending Oct.
2015

Revenue

$13,290,276

Expenses

$12,512,658

Net Income

$777,618

Net Assets

$12,507,149

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$13,169,933	99.1%
Investment Income	$139,218	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$18,875
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$53,263	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$45,915	0.4%

Assets/Debt
Total Assets	$13,068,697
Total Liabilities	$561,548
Net Assets	$12,507,149

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael P Cecere (Fund Office Manager)	$77,523	$0	$43,774
Peter Stoller (Trustee)	$0	$0	$0
Victor E Salerno (Trustee)	$0	$0	$0
David A Young Jr (Trustee)	$0	$0	$0
Daniel O'mealia (Trustee)	$0	$0	$0
Jonathan Hand (Trustee)	$0	$0	$0
William Young (Trustee)	$0	$0	$0

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990

Filed on May 19, 2016

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Fiscal Year Ending Oct.
2014

Revenue

$14,617,635

Expenses

$12,343,297

Net Income

$2,274,338

Net Assets

$11,827,041

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$14,089,175	96.4%
Investment Income	$110,228	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$418,232	2.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$50,532	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$45,798	0.4%

Assets/Debt
Total Assets	$12,007,112
Total Liabilities	$180,071
Net Assets	$11,827,041

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2013

Revenue

$13,227,155

Expenses

$12,467,371

Net Income

$759,784

Net Assets

$9,761,078

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$12,882,790	97.4%
Investment Income	$111,132	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$233,233	1.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$48,832	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$43,119	0.3%

Assets/Debt
Total Assets	$10,390,058
Total Liabilities	$628,980
Net Assets	$9,761,078

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2012

Revenue

$12,508,888

Expenses

$10,878,079

Net Income

$1,630,809

Net Assets

$8,748,483

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$12,337,961	98.6%
Investment Income	$81,542	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$89,385	0.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$47,171	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$40,414	0.4%

Assets/Debt
Total Assets	$9,374,406
Total Liabilities	$625,923
Net Assets	$8,748,483

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2011

Revenue

$12,189,954

Expenses

$10,871,173

Net Income

$1,318,781

Net Assets

$7,051,690

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$12,040,841	98.8%
Investment Income	$86,943	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$62,170	0.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$44,591	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$39,092	0.4%

Assets/Debt
Total Assets	$7,394,983
Total Liabilities	$343,293
Net Assets	$7,051,690

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Electrical Workers Local No 86 Insurance Fund Plan And Trust

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $21.7M (2024)

Expenses $19.4M (2024)

Total Assets $32.2M (2024)

Total Liabilities $488k (2024)

Tax Filings by Year

Fiscal Year Ending Oct. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Oct. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Oct. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Oct. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Oct. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Oct. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Oct. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Oct. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Oct. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Oct. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Oct. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Oct. 2012

Revenue

$21.7M (2024)

Expenses

$19.4M (2024)

Total Assets

$32.2M (2024)

Total Liabilities

$488k (2024)

Fiscal Year Ending Oct.
2024

Fiscal Year Ending Oct.
2023

Fiscal Year Ending Oct.
2022

Fiscal Year Ending Oct.
2021

Fiscal Year Ending Oct.
2020

Fiscal Year Ending Oct.
2019

Fiscal Year Ending Oct.
2018

Fiscal Year Ending Oct.
2017

Fiscal Year Ending Oct.
2016

Fiscal Year Ending Oct.
2015

Fiscal Year Ending Oct.
2014

Fiscal Year Ending Oct.
2013

Fiscal Year Ending Oct.
2012

Fiscal Year Ending Oct.
2011

Fiscal Year Ending Jan.
2010

Fiscal Year Ending Oct.
2009

Fiscal Year Ending Oct.
2008

Fiscal Year Ending Oct.
2007

Fiscal Year Ending Oct.
2006

Fiscal Year Ending Oct.
2005

Fiscal Year Ending Oct.
2004