Coastal1 Credit Union
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.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$3.3B
+0.6% YoY
Annual Giving
$49K
-19.8% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$10K
-35.9% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,342,555,316 | $3,322,745,503 | $3,132,689,831 |
| Revenue | $157,722,319 | $137,130,775 | $105,557,200 |
| Expenses | $149,070,531 | $122,999,124 | $73,835,056 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $13,099,949 | $10,382,661 | $5,132,208 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Coastal1 Credit Union fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Brian Azar | President/CEO | 40 | $719,670 |
| Valerie J Pimenta | EVP/CFO (Retired 12/2024) | 40 | $427,543 |
| Jeffrey Kolarik | SVP/CIO | 40 | $343,231 |
| Kevin Farrell | SVP/Commercial Lending | 40 | $335,257 |
| DONNA GREGSON | EVP RETAIL | 40 | $296,212 |
| Robert Gotti | SVP/Business Development | 40 | $291,439 |
| Patricia Webb | SVP/Residental & Retail Lendin | 40 | $302,195 |
| Mark Mclaughlin | VP/MORTGAGE ORIGINATion | 40 | $275,958 |
| Kathleen Doherty | Senior Vice President | 40 | $268,063 |
| Ken Fredriksen | EVP/CFO (Started 8/19/2024) | 40 | $125,610 |
| RONALD W LECLAIR | Chairman | 12 | $84,000 |
| LYNN am WEINSTEIN | Vice Chairman | 7 | $63,000 |
| JOHN B RICHER JR | Treasurer | 7 | $60,500 |
| PAUL F LEFEBVRE | Secretary | 7 | $60,500 |
| KEVIN TRACEY | DIRECTOR | 5 | $34,570 |
| DR FRANK P CASARELLA | DIRECTOR | 5 | $28,000 |
| LAWRENCE J MONASTESSE | DIRECTOR | 5 | $28,000 |
| LINDA C Moffat | Director | 5 | $28,000 |
| Mario Carlucci | Director | 5 | $28,000 |
| RICHARD H LECLERC | DIRECTOR | 5 | $28,000 |
| John Z Luo MD | Director | 5 | $28,000 |
| Jaqueline Ash | DIRECTOR (Started 05/01/2024) | 5 | $18,666 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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