Ocean State Credit Union

Fiscal year ending 2024. Filed on October 28, 2025.

2006 Nooseneck Hill Road
Coventry, Rhode Island 02816

Ocean State Credit Union (EIN: 05-0263842) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Ocean State Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 4 out of 77 total employees. Among the employees shown here, the average compensation is $300,815. The highest compensated employee at Ocean State Credit Union is David L Root with fiscal year 2024 compensation of $634,519.

Revenue, expenses, and employee compensation

Revenue

$17,544,172

Expenses

$16,533,488

Employee compensation

$5,148,641
Revenue, expenses, and employee compensation over time

Contractors

Mission Statement

To provide high quality, low cost financial services to its members

Revisions to this organization profile

October 28, 2025:
2024 Ocean State Credit Union 990 filed
November 7, 2024:
2023 Ocean State Credit Union 990 filed
October 17, 2023:
2022 Ocean State Credit Union 990 filed

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