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Iaff Local 587 Health Ins Tr Fund

Sigfredo Delgado Ttee
  • Miami, FL
  • Tax-exempt since March 2019
  • EIN: 82-7012034

Organization summary

Type of Nonprofit

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

Category: Mutual/Membership Benefit Organizations, Other / Voluntary Employees Beneficiary Associations (Non-Government) (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$29M (2024)

Expenses
$35.2M (2024)

Total Assets
$28.8M (2024)

Total Liabilities
$194M (2024)

Source: Form 990 tax filings from 2018 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 Feb.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,980,362
Expenses
$35,175,029
Net Income
-$6,194,667
Net Assets
-$165,718,476
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $28,229,373
97.4%
Investment Income $793,902
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$44,095
Net Inventory Sales $0
Other Revenue $1,182
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $230,990
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,752,065
Total Liabilities $194,470,541
Net Assets -$165,718,476
Compensation
Key Employees and Officers Compensation Related Other
Silvia Leiva (Benefits Coo) $62,742 $0 $1,940
Alexander Cardenas (Administrato) $49,514 $0 $2,606
Thomas Gabriel (Asst Admin/T) $37,704 $0 $6,653
Jorge Megias (Finance Mana) $36,143 $0 $1,118
Nydia Soto Kaye (Benefits Man) $32,160 $0 $0
Raul Cernuda (Trustee) $0 $0 $0
Freddy Delgado (Trustee) $0 $0 $0
Sigfredo Delgado (Trustee) $0 $0 $0
Akeem Donaldson (Trustee) $0 $0 $0
Robert Jorge (Trustee) $0 $0 $0
Louis Marshall (Trustee) $0 $0 $0
Nikko Osborne (Trustee) $0 $0 $0
Troy Sutton (Trustee) $0 $0 $0
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Document Links

990
Filed on Jan. 23, 2025

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

View Filing
XML

Fiscal Year Ending Feb.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,318,781
Expenses
$60,342,482
Net Income
-$34,023,701
Net Assets
-$161,600,538
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,751,503
97.8%
Investment Income $609,465
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$43,064
Net Inventory Sales $0
Other Revenue $877
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $177,610
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $22,783,919
Total Liabilities $184,384,457
Net Assets -$161,600,538
Compensation
Key Employees and Officers Compensation Related Other
Alexander Cardenas (Administrato) $47,853 $0 $0
Thomas Gabriel (Asst Admin/T) $40,726 $0 $0
Jorge Megias (Finance Mana) $32,704 $0 $0
Nydia Soto Kaye (Benefits Man) $29,526 $0 $0
Silvia Leiva (Benefits Coo) $26,801 $0 $0
Raul Cernuda (Trustee) $0 $0 $0
Sigfredo Delgado (Trustee) $0 $0 $0
Akeem Donaldson (Trustee) $0 $0 $0
Robert Jorge (Trustee) $0 $0 $0
Louis Marshall (Trustee) $0 $0 $0
Albert Robert (Trustee) $0 $0 $0
Troy Sutton (Trustee) $0 $0 $0
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Document Links

990
Filed on Oct. 17, 2023

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

View Filing
XML

Fiscal Year Ending Feb.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,344,538
Expenses
$52,875,906
Net Income
-$26,531,368
Net Assets
-$126,111,493
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,701,794
97.6%
Investment Income $502,500
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $140,244
0.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $160,305
0.3%
Assets/Debt
Total Assets $22,033,849
Total Liabilities $148,145,342
Net Assets -$126,111,493
Compensation
Key Employees and Officers Compensation Related Other
Alex Cardenas (President) $0 $0 $0
Raul Cernuda (1 St Vice Pre) $0 $0 $0
Freddy Delgado (Executive Of) $0 $0 $0
Louis Marshall (2 Nd Vice Pre) $0 $0 $0
Jorge Megias (Treasurer) $0 $0 $0
Albert Robert (Secretary) $0 $0 $0
Troy Sutton (Executive Of) $0 $0 $0
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Document Links

990
Filed on April 8, 2023

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

View Filing
XML

Fiscal Year Ending Feb.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,331,192
Expenses
$42,868,572
Net Income
-$17,537,380
Net Assets
-$99,599,193
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,303,708
95.9%
Investment Income $216,411
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $795,295
3.1%
Net Inventory Sales $0
Other Revenue $15,778
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $80,000
0.2%
Assets/Debt
Total Assets $14,803,807
Total Liabilities $114,403,000
Net Assets -$99,599,193
Compensation
Key Employees and Officers Compensation Related Other
Jorge Megias (Treasurer) $22,000 $0 $0
Alex Cardenas (President) $0 $0 $0
Raul Cernuda (1 St Vice Pre) $0 $0 $0
Freddy Delgado (Executive Of) $0 $0 $0
Louis Marshall (2 Nd Vice Pre) $0 $0 $0
Albert Robert (Secretary) $0 $0 $0
Troy Sutton (Executive Of) $0 $0 $0
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Document Links

990
Filed on April 8, 2023

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

View Filing
XML

Fiscal Year Ending Feb.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,291,098
Expenses
$91,908,798
Net Income
-$88,617,700
Net Assets
-$82,139,521
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,285,114
99.8%
Investment Income $5,984
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $15,385
0.0%
Assets/Debt
Total Assets $6,605,206
Total Liabilities $88,744,727
Net Assets -$82,139,521
Compensation
Key Employees and Officers Compensation Related Other
Jorge Megias (Treasurer) $3,666 $0 $0
Alex Cardenas (President) $0 $0 $0
Raul Cernuda (1 St Vice Pre) $0 $0 $0
Freddy Delgado (Executive Of) $0 $0 $0
Louis Marshall (2 Nd Vice Pre) $0 $0 $0
Albert Robert (Secretary) $0 $0 $0
Troy Sutton (Executive Of) $0 $0 $0
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Document Links

990
Filed on April 6, 2023

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,188,450
Expenses
$19,050,920
Net Income
$5,137,530
Net Assets
$6,576,878
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,688,920
97.9%
Investment Income $38,156
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $461,374
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $22,000
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $61,077
0.3%
Assets/Debt
Total Assets $6,579,330
Total Liabilities $2,452
Net Assets $6,576,878
Compensation
Key Employees and Officers Compensation Related Other
Jorge Megias (Treasurer/Tr) $22,000 $0 $0
Alex Cardenas (Trustee) $0 $0 $0
Raul Cernuda (Trustee) $0 $0 $0
Sigfredo Delgado (Trustee) $0 $0 $0
Louis Marshall (Trustee) $0 $0 $0
Pete Sanchez (Trustee) $0 $0 $0
Troy Sutton (Trustee) $0 $0 $0
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Document Links

990
Filed on Nov. 16, 2020

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

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,385,186
Expenses
$49,669
Net Income
$1,335,517
Net Assets
$1,335,517
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,385,186
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $3,808
7.7%
Professional Fundraising Fees $0
Other Salaries and Wages $11,423
23.0%
Assets/Debt
Total Assets $1,338,009
Total Liabilities $2,492
Net Assets $1,335,517
Compensation
Key Employees and Officers Compensation Related Other
Jorge Megias (Treasurer/Tr) $3,808 $0 $0
Louis Marshall (Trustee) $0 $0 $0
Alex Cardenas (Trustee) $0 $0 $0
Raul Cernuda (Trustee) $0 $0 $0
Pete Sanchez (Trustee) $0 $0 $0
Troy Sutton (Trustee) $0 $0 $0
Sigfredo Delgado (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 16, 2019

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

View Filing
PDF XML

About This Data

What Is This Data?

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

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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