People's Credit Union
The priority of People's Credit Union is to offer value added products and services for the benefit of our existing and prospective members. We are committed to providing convenient delivery of our products and services in a friendly, welcoming, and responsive environment. To ensure ongoing confidence and trust, we will continue to promote our financial strength as an organization.
People's Credit Union at a glance
In short: People's Credit Union gave $165K across 9 grants in 2025 (avg $18K), mostly in Rhode Island. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $165,350
- +726.8% vs 2024
- Grants made (2025)
- 9
- +350.0% vs 2024
- Average grant
- $18,372
- +83.7% vs 2024
- Median grant
- $9,000
- Total assets
- $807,987,071
- +8.2% vs 2024
- Primary geography
- Rhode Island (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who People's Credit Union funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Small Business Collective ($80K). Together the top 9 received $165K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 11 grants of 12 (92%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $6K (2023) to $165K (2025). In 2025 it made 9 grants totaling $165K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Small Business Collective Middletown, RI | General Support | $79,944 |
| Dr Martin Luther King Jr Community Center Newport, RI | Presenting Sponsor of Broadway Street Fair of the 3 on 3 Youth Basketball Tournament & Community BBQ | $18,000 |
| University of Rhode Island Kingston, RI | General Support | $16,406 |
| Newport County Development Council Newport, RI | Presenting Sponsor of Broadway Street FairBroadway Street Fair | $10,000 |
| Jonnycake Center for Hope-Peace Dale Peacedale, RI | Emergency Food Assistance | $9,000 |
| Aquidneck Island Food Pantry Portsmouth, RI | Emergency Food Assistance | $8,000 |
| North Kingstown Food Pantry North Kingstown, RI | Emergency Food Assistance | $8,000 |
| East Bay Community Action Program - Tiverton Food Pantry Newport, RI | Emergency Food Assistance | $8,000 |
| East Food Pantry Bristol, RI | Emergency Food Assistance | $8,000 |
Ready to take the next step with People's Credit Union?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $807,987,071 | $39,099,623 | $37,350,618 | $165,350 | 9 | $2,653,413 |
| 2024 | $747,015,309 | $34,998,828 | $34,532,228 | $20,000 | 2 | $3,197,076 |
| 2023 | $717,003,402 | $30,263,370 | $28,807,587 | $6,000 | 1 | $2,434,293 |
| 2022 | $687,852,954 | $26,116,724 | $21,364,433 | $6,360 | Total only | $1,689,226 |
| 2021 | $619,991,757 | $25,020,386 | $19,033,530 | $7,372 | Total only | $839,836 |
| 2020 | $554,490,757 | $25,441,248 | $20,540,862 | $11,150 | Total only | $1,135,990 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About People's Credit Union
Based on IRS filings
People's Credit Union is a public charity, based in Middletown, RI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $808.0M in total assets. In 2025, it awarded 9 grants totaling $165K. Net investment income was $2.7M.
Leadership & Key People
Officers and directors from IRS filings
People's Credit Union is led by Christopher S Ottiano MD, Board Chair since 2023 (on filings since 2020); all 18 officers listed in 2025 are compensated.
Officers on the 2025 filing
Christopher S Ottiano MD
Board Chair
Vice Chair → Chair, 2022
Chair → Board Chair, 2023
On filings since 2020
2 hrs/week
$13K (2020) → $15K (2025)
Alyson Adkins
Board Member
Vice Chair → Board Vice Chair, 2023
Board Vice Chair → Board Member, 2024
On filings since 2020
2 hrs/week
$11K (2020) → $10K (2025)
Edward T Lopes Jr.
Board Vice Chair
Past Chair & Director → Board Member, 2023
Board Member → Board Vice Chair, 2024
On filings since 2020
2 hrs/week
$15K (2020) → $12K (2025)
Karen Parent
Head of Human Resources & Talent
Senior Vice President Hr & Talent → Head of Hr & Talent, 2023
Head of Hr & Talent → Head of Human Resources & Talent, 2025
On filings since 2020
40 hrs/week
$164K (2020) → $205K (2025)
Sean Daly
Head of People's Credit Union
President & CEO → Head of People's Credit Union, 2023
On filings since 2020
40 hrs/week
$409K (2020) → $480K (2025)
Terri Marcucci Fitch
Board Member
Director → Board Member, 2023
On filings since 2020
2 hrs/week
$11K (2020) → $11K (2025)
Thomas W Vignali CPA
Board Treasurer
Director → Treasurer, 2022
Treasurer → Board Treasurer, 2023
On filings since 2020
2 hrs/week
$11K (2020) → $13K (2025)
Toni Lyn McGowan
Board Secretary
Director → Secretary, 2021
Secretary → Board Secretary, 2023
On filings since 2020
2 hrs/week
$11K (2020) → $13K (2025)
William DeWitt
Head of Member Delivery & Marketing
Executive Vice President & Chief Marketing Officer → Head of Member Delivery & Marketing, 2023
On filings since 2020
40 hrs/week
$211K (2020) → $259K (2025)
William L Douglas Jr.
Board Member
Treasurer → Past Treasurer & Director, 2022
Past Treasurer & Director → Board Member, 2023
On filings since 2020
2 hrs/week
$13K (2020) → $11K (2025)
Christopher Eden
Head of Information Security & Tech.
Vice President Security & Information Technology → Head of Is & Technology, 2023
Head of Is & Technology → Head of Information Security & Tech., 2025
On filings since 2022
40 hrs/week
$170K (2022) → $181K (2025)
Frank Newsome
Board Member
On filings since 2023
2 hrs/week
$8K (2023) → $10K (2025)
John Trifero
Board Member
On filings since 2023
2 hrs/week
$8K (2023) → $10K (2025)
Timothy Jermain
Head of Lending
On filings since 2023
40 hrs/week
$128K (2023) → $263K (2025)
Patricia Carlin
Head of Finance & Risk
On filings since 2024
40 hrs/week
$160K (2024) → $256K (2025)
Steven Kozlowski
Board Member
On filings since 2024
2 hrs/week
$7K (2024) → $11K (2025)
Timothy J DelGiudice
Board Member
On filings since 2024
2 hrs/week
$8K (2024) → $10K (2025)
Terri Raymond
Head of Retail
New on the 2025 filing
40 hrs/week
$189K (2025)
Former officers (9)
- Former: Louann Lawrence (2020–2024) — Past Board Member
- Former: Margaret McGill (2020–2024) — Past Head of Finance & Risk
- Former: John Banks (2024) — Head of Mortgage Operations
- Former: Jane McDurman (2023) — Head of Retail Administration
- Former: Cormac McCarthy (2020–2022) — Executive Vice President & Chief Lending Officer
- Former: Diane Crosby (2020–2022) — Mortgage Loan Officer
- Former: David P Faucher (2020–2021) — Past Director
- Former: Kari Reardon (2020–2021) — Mortgage Loan Officer
- Former: William P Dennis Esq. (2020–2021) — Past Secretary
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $480K, to Sean Daly (Head of People's Credit Union). 18 officers or directors reported compensation on that filing.
Frequently asked questions about People's Credit Union
How much does People's Credit Union give each year?
People's Credit Union gave $165K across 9 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $20K across 2 grants.
What is People's Credit Union's typical grant size?
People's Credit Union's median grant in 2025 was $9,000, and its average grant was $18,372, across 9 grants on its 2025 IRS Form 990.
Where does People's Credit Union give grants?
People's Credit Union gives mostly in Rhode Island: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Newport, RI (3 grants).
Does People's Credit Union give general operating support?
Yes: 22% of People's Credit Union's 2025 grants with a stated purpose (2 of 9) were for general or operating support, per its 2025 IRS Form 990. Recurring purposes include "Emergency Food Assistance" (5 grants).
Who are People's Credit Union's largest grantees?
People's Credit Union's largest 2025 grantees include Small Business Collective ($79,944), Dr Martin Luther King Jr Community Center ($18,000) and University of Rhode Island ($16,406), according to its 2025 IRS Form 990. Together they received 69% of its itemized 2025 grant dollars.
How large is People's Credit Union?
People's Credit Union reported $808.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $39.1M.
What is People's Credit Union's EIN?
People's Credit Union's EIN (Employer Identification Number) is 05-0198580. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS July 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 22, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS April 30, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 7, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 23, 2023)
Other open foundation grants in Rhode Island
Rhode Island Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in People's Credit Union's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Gruben Charitable Foundation
Newport, RI
The Gruben Charitable Foundation funds Rhode Island nonprofits serving Aquidneck Island residents, with interests in the environment, wellness, arts and culture, service, and education. Its 2024 grants ranged from $5,000 to $175,000, with a median of $20,000. It says it funds only preselected organizations and does not accept unsolicited requests.
Assets
$17.0M
Grants
32
Total Given
$815K
Van Beuren Charitable Foundation Inc
New York, NY
The foundation funds education, health, economic development, children and youth, and community infrastructure and public spaces, primarily benefiting Aquidneck Island and Newport County, Rhode Island. In 2024 it made 220 grants, ranging from $1,000 to $2,128,280, with a median grant of $10,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.
Assets
$378.2M
Grants
220
Total Given
$14.7M
Newportfed Charitable Foundation
Newport, RI
The foundation supports a range of community, social-service, arts, health, and environmental organizations, with 2025 grants going to Rhode Island recipients. Its 44 grants ranged from $1,000 to $15,000, with a median of $2,750. It asks applicants to submit a letter describing the proposed grant purpose, the organization’s operations and history, and its tax-exempt status.
Assets
$3.3M
Grants
44
Total Given
$198K
United Way of Rhode Island Inc
Providence, RI
United Way of Rhode Island funds Rhode Island nonprofits working on economic security, children’s learning, housing, food access, safety, and related community needs. In 2025, grants ranged from $5,008 to $547,033, with a median of $15,000; its emergency grants offer up to $50,000, with average awards of $25,000–$30,000. It accepts applications for emergency grants on a rolling basis.
Assets
$30.1M
Grants
282
Total Given
$8.0M
The Champlin Foundation
Pittsburgh, PA
The Champlin Foundation funds capital needs—such as equipment and facilities—for nonprofits in areas including education, healthcare, arts, conservation, and social services; it does not fund programs or general operations. Its 2024 grants had a median of about $50,000, though first-time awards are typically $25,000 or less, and its grantmaking primarily serves Rhode Island. The profile does not state whether it accepts unsolicited requests.
Assets
$456.6M
Grants
213
Total Given
$18.1M
Coastal1 Credit Union
Pawtucket, RI
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.
Assets
$3.3B
Grants
5
Total Given
$49K
More similar funders
More Funders in Rhode Island
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from People's Credit Union's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
People's Credit Union down — hundreds of funders to go?