EIN 05-0197075

Coastal1 Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
371
Year formed
1928
Most recent tax filings
2022-12-01
Description
Coastal1 Credit Union is a cooperative financial institution committed to serving the financial needs of its members in order to help them attain their financial goals. The credit union is organized for the benefit of its members and dedicates itself to providing outstanding service. At December 31, 2022, Coastal1 had loans totaling $2,747,874,017 due from members and member deposit accounts totaling $2,382,562,691. Additionally, safe deposit fees of $118,253 were received.
Also known as...
Pawtucket Credit Union
Total revenues
$105,557,200
2022
Total expenses
$73,835,056
2022
Total assets
$3,132,689,831
2022
Num. employees
371
2022

Program areas at Coastal1 Credit Union

The Credit Union is dedicated to serving its members. The Credit Union had loans totaling $2,747,874,017 due from members and member deposit accounts totaling $2,382,562,691 at december 31, 2022. In addition, safe deposit fees of $118,253 were received from members for rentals in 2022.

Grants made by Coastal1 Credit Union

GranteeGrant descriptionAmount
Pawtucket Central Falls Development CorporationCharitable Contributions$20,000
St Raphael AcademyCharitable Contributions$10,000
Local Initiatives Support CorporationCharitable Contributions$10,000
...and 3 more grants made

Personnel at Coastal1 Credit Union

NameTitleCompensation
Brian AzarPresident and Chief Executive Officer$611,333
Timothy M JermainExecutive Vice President and Chief Operating Officer$486,985
Valerie J PimentaExecutive Vice President and Chief Financial Officer$356,242
Donna GregsonExecutive Vice President Retail$306,519
Jay FarlandVice President, Commercial Lending
...and 11 more key personnel

Financials for Coastal1 Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$88,021,324
Investment income and dividends$5,078,874
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$883
Net gain from sale of non-inventory assets$53,334
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$12,402,785
Total revenues$105,557,200

Form 990s for Coastal1 Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-06990View PDF
2021-122022-09-06990View PDF
2020-122021-08-10990View PDF
2019-122020-11-19990View PDF
2018-122019-12-11990View PDF
...and 10 more Form 990s

Organizations like Coastal1 Credit Union

OrganizationLocationRevenue
Golden Plains Credit UnionGarden City, KS$44,194,863
Cfcu Community Credit UnionIthaca, NY$56,840,108
Credit Union of TexasAllen, TX$136,553,125
San Mateo Credit Union (SMCU)Redwood City, CA$70,068,460
Azura Credit UnionTopeka, KS$38,277,046
Whatcom Educational Credit UnionBellingham, WA$98,737,059
Georgia United Credit UnionDuluth, GA$92,912,725
Latino Community Credit UnionDurham, NC$57,822,762
Gesa Credit UnionRichland, WA$219,180,132
Guardian Credit UnionMontgomery, AL$62,110,372
Data update history
December 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 4 new vendors, including , , , and
May 18, 2023
Updated personnel
Identified 5 new personnel
July 1, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
State / local levelProvides scholarships
General information
Address
1200 Central Ave
Pawtucket, RI 02861
Metro area
Providence-Warwick, RI-MA
County
Providence County, RI
Website URL
coastal1.org/ 
Phone
(401) 722-2212
IRS details
EIN
05-0197075
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1928
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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