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COASTAL1 CREDIT UNION

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Public IRS 990 nonprofit record

COASTAL1 CREDIT UNION

EIN 05-0197075 · Arts, Culture & Humanities (A)

What they do

COASTAL1 CREDIT UNION is A COOPERATIVE FINANCIAL INSTITUTION ORGANIZED AS A CREDIT UNION for THE BENEFIT of ITS MEMBERS. THE CREDIT UNION is COMMITTED to SERVING THE FINANCIAL NEEDS of ITS MEMBERS to HELP THEM ATTAIN THEIR FINANCIAL GOALS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$94.51spent for every $100 of revenueRevenue covered expenses this year.
$22.42in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $768,695 for BRIAN AZAR (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$157,722,319
Expenses$149,070,531
Annual surplus $8,651,788 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$157,722,319
Expenses$149,070,531
Assets$3,342,555,316
Income$171,564,506
Grants given$535,357
Average grant$10,707
Stocks and bonds$187,834,793
Accounting fees$202,140
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
BRIAN AZARPRESIDENT/CEO · 40 hrs/week $768,695Base $719,670 · Other $49,025
VALERIE J PIMENTAEVP/CFO (RETIRED 12/2024) · 40 hrs/week $465,561Base $427,543 · Other $38,018
JEFFREY KOLARIKSVP/CIO · 40 hrs/week $392,129Base $343,231 · Other $48,898
KEVIN FARRELLSVP/COMMERCIAL LENDING · 40 hrs/week $386,587Base $335,257 · Other $51,330
DONNA GREGSONEVP RETAIL · 40 hrs/week $343,504Base $296,212 · Other $47,292
ROBERT GOTTISVP/BUSINESS DEVELOPMENT · 40 hrs/week $339,665Base $291,439 · Other $48,226
PATRICIA WEBBSVP/RESIDENTAL & RETAIL LENDIN · 40 hrs/week $335,737Base $302,195 · Other $33,542
MARK MCLAUGHLINVP/MORTGAGE ORIGINATION · 40 hrs/week $322,588Base $275,958 · Other $46,630
KATHLEEN DOHERTYSENIOR VICE PRESIDENT · 40 hrs/week $314,667Base $268,063 · Other $46,604
KEN FREDRIKSENEVP/CFO (STARTED 8/19/2024) · 40 hrs/week $125,610
RONALD W LECLAIRCHAIRMAN · 12 hrs/week $84,000
LYNN AM WEINSTEINVICE CHAIRMAN · 7 hrs/week $63,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

BRIAN AZARPRESIDENT/CEO

VALERIE J PIMENTAEVP/CFO (RETIRED 12/2024)

JEFFREY KOLARIKSVP/CIO

KEVIN FARRELLSVP/COMMERCIAL LENDING

DONNA GREGSONEVP RETAIL

ROBERT GOTTISVP/BUSINESS DEVELOPMENT

PATRICIA WEBBSVP/RESIDENTAL & RETAIL LENDIN

MARK MCLAUGHLINVP/MORTGAGE ORIGINATION

KATHLEEN DOHERTYSENIOR VICE PRESIDENT

KEN FREDRIKSENEVP/CFO (STARTED 8/19/2024)

RONALD W LECLAIRCHAIRMAN

LYNN AM WEINSTEINVICE CHAIRMAN

JOHN B RICHER JRTREASURER

PAUL F LEFEBVRESECRETARY

KEVIN TRACEYDIRECTOR

DR FRANK P CASARELLADIRECTOR

RICHARD H LECLERCDIRECTOR

MARIO CARLUCCIDIRECTOR

LINDA C MOFFATDIRECTOR

LAWRENCE J MONASTESSEDIRECTOR

JOHN Z LUO MDDIRECTOR

JAQUELINE ASHDIRECTOR (STARTED 05/01/2024)

About this charity

Recognized since
January 1951
Location
1200 Central Avenue, Pawtucket, RI 02861
County
Providence
In care of
Brian Azar
Primary officer
Brian Azar, President/CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
WOLF & COMPANY PC
NTEE classification
Arts, Culture & Humanities (A)
IRS tax category
Arts, Culture & Humanities
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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