NonprofitsCoastal1 Credit Union

Coastal1 Credit Union

PAWTUCKET, RI

Total revenue

$157.7M

Total expenses

$149.1M

Net assets

$326.3M

Grants received

EIN

050197075

Tax year

2024

Mission

Coastal1 credit union is organized for the benefit of its members. The credit union is committed to serving the financial needs of its members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$131.6M
Investment income$13.1M
Other revenue$13.0M
Total revenue$157.7M

Expenses

Grants paid$101K
Salaries & benefits$31.2M
Fundraising
Other expenses$117.8M
Total expenses$149.1M
Total assets$3.3B
Net assets$326.3M

People

22 listed

NameRoleCompensation

Brian Azar

President/CEO

Board

$720K

40 hrs/wk

Valerie J Pimenta

EVP/CFO (Retired 12/2024)

Board

$428K

40 hrs/wk

Ken Fredriksen

EVP/CFO (Started 8/19/2024)

Board

$126K

40 hrs/wk

RONALD W LECLAIR

Chairman

Board

$84K

12 hrs/wk

LYNN am WEINSTEIN

Vice Chairman

Board

$63K

7 hrs/wk

JOHN B RICHER JR

Treasurer

Board

$61K

7 hrs/wk

PAUL F LEFEBVRE

Secretary

Board

$61K

7 hrs/wk

KEVIN TRACEY

DIRECTOR

Board

$35K

5 hrs/wk

DR FRANK P CASARELLA

DIRECTOR

Board

$28K

5 hrs/wk

LAWRENCE J MONASTESSE

DIRECTOR

Board

$28K

5 hrs/wk

LINDA C Moffat

Director

Board

$28K

5 hrs/wk

Mario Carlucci

Director

Board

$28K

5 hrs/wk

RICHARD H LECLERC

DIRECTOR

Board

$28K

5 hrs/wk

John Z Luo MD

Director

Board

$28K

5 hrs/wk

Jaqueline Ash

DIRECTOR (Started 05/01/2024)

Board

$19K

5 hrs/wk

Jeffrey Kolarik

SVP/CIO

Staff

$343K

40 hrs/wk

Kevin Farrell

SVP/Commercial Lending

Staff

$335K

40 hrs/wk

Patricia Webb

SVP/Residental & Retail Lendin

Staff

$302K

40 hrs/wk

DONNA GREGSON

EVP RETAIL

Staff

$296K

40 hrs/wk

Robert Gotti

SVP/Business Development

Staff

$291K

40 hrs/wk

Mark Mclaughlin

VP/MORTGAGE ORIGINATion

Staff

$276K

40 hrs/wk

Kathleen Doherty

Senior Vice President

Staff

$268K

40 hrs/wk

Independent contractors

KEVIN P LEARY DBA KEVINLEARYNET

WEB DESIGN

$129K

Details

EIN050197075
Subsection14
Ruling date1951-12
Formed1928
Employees341
Volunteers12
COASTAL1 CREDIT UNION — Mission, Financials & Grants Received | Grantivo