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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Coastal1 Credit Union

Coastal1 Credit Union

Fiscal year ending 2023. Filed on November 6, 2024.

1200 Central Avenue
Pawtucket, Rhode Island 02861

Coastal1 Credit Union (EIN: 05-0197075) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Coastal1 Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 13 out of 342 total employees. Among the employees shown here, the average compensation is $303,833. The highest compensated employee at Coastal1 Credit Union is Brian Azar with fiscal year 2023 compensation of $767,106. Coastal1 Credit Union changed its name from COASTAL1 Credit Union F/K/a Pawtucket Credit Union in 2022.

Revenue, expenses, and employee compensation

Revenue

$137,130,775

Expenses

$122,999,124

Employee compensation

$30,629,194
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brian Azar
President and Chief Executive Officer
$767,106
$720,877 No related comp$46,229
Mark McLaughlin
Vp/Mortgage Origination
$412,790
$364,909 No related comp$47,881
Valerie J Pimenta
Executive Vice President and Chief Financial Officer
$405,448
$368,669 No related comp$36,779
Kevin Farrell
Svp/Commercial Lending
$378,675
$330,228 No related comp$48,447
Donna Gregson
Executive Vice President Retail
$363,924
$317,068 No related comp$46,856
Robert Gotti
Senior Vice President, Business Development
$357,471
$308,754 No related comp$48,717
Jeffrey Kolarik
Senior Vice President and Chief Information Officer
$353,684
$314,028 No related comp$39,656
Patricia Webb
Svp/Residental and Retail Lending
$343,714
$310,365 No related comp$33,349
Timothy M Jermain
Executive Vice President and Chief Operating Officer
$299,012
$269,079 No related comp$29,933
Ronald W Leclair
Chair
$84,000
$84,000 No related compNo other comp
Lynn Am Weinstein
Vice Chair
$63,000
$63,000 No related compNo other comp
John B Richer Jr
Treasurer
$60,500
$60,500 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Kevin Tracey
Director
$34,570
$34,570 No related compNo other comp
Linda C Moffat
Director
$28,000
$28,000 No related compNo other comp
Mario Carlucci
Director
$28,000
$28,000 No related compNo other comp
Richard H Leclerc
Director
$28,000
$28,000 No related compNo other comp
Dr Frank P Casarella
Director
$28,000
$28,000 No related compNo other comp
Lawrence J Monastesse
Director
$28,000
$28,000 No related compNo other comp
Karl A Kozak
Director (Ended 10/2023)
$23,039
$23,039 No related compNo other comp
John Z Luo, M.D.
Director
$14,667
$14,667 No related compNo other comp

Contractors

Kevin P Leary Dba Kevinlearynet LLC
Web Design
$122,000

Mission Statement

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.

Revisions to this organization profile

November 7, 2025:
2024 Coastal1 Credit Union 990 filed
November 6, 2024:
2023 Coastal1 Credit Union 990 filed
October 6, 2023:
2022 Coastal1 Credit Union 990 filed

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