{"success":true,"data":{"_id":50263842,"filings":[{"Organization":{"value":null,"Person":["Roger JLaliberte","Michael D Airhart","Thomas F Lacolle","Bruce B Hecker","Leo R Blais","Robert H McGuire","Paul E Scaling","Richard Audet","William A Sheldon","Richard P Sullivan","Therese S Stafford","James Rowe","Gerard R Cayer","David L Root","Denise Warburton","Ginnie Sosnicki"],"Title":["Chairman","Vice Chairman","Treasurer","Secretary","Director","Director","Director","Director","Director","Director","Director","Director","Director","President/CEO","VP Mortgage Lending","COO"],"Hours":[2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,40.0,40.0,40.0],"Total Compensation":[9000,9000,0,9000,7700,7700,7700,8400,9000,8400,8400,9000,8400,334000,107858,114370],"Direct compensation":[9000,9000,0,9000,7700,7700,7700,8400,9000,8400,8400,9000,8400,300000,107858,114370],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,34000,0,0]},"Basic":{"value":null,"mission":"The credit union is a co-operative owned by its member depositors. income relaized from investment and loan activities enable the credit union to provide low cost financial services to its members.","year":2014,"name":"Coventry Credit Union","phone":4013971900,"website":"Coventrycu.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1950,"state_legal_domicile":"RI","total_volunteers":null,"tax_period_begin":"2014-01-01T00:00:00","tax_period_end":"2014-12-31T00:00:00","address":"2006 Nooseneck Hill Road, Coventry, RI, 2816, USA","city":"Coventry","state":"RI","country":"USA","zip_code":2816},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":74,"Total Gross UBI":0,"Net unrelated business taxable income":-21101,"Number of employees":74,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":11124509,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":10518760,"Total revenue":{"value":10518760,"Interest and fees on loans":7329319,"Other fees and charges":2785221,"Sale of consumer mortgages":339930,"Gain on sale of assets":26659,"Rental income and insurance premiums":37631},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":605749,"Investment income total":605749,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":10522955,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":3629078,"Current officers":119200,"Disqualified persons":0,"Other salaries and wages":2514004,"Pension plan contributions":120000,"Other employee benefits":434886,"Payroll taxes":440988},"Other expenses":{"value":6893877,"Management services":0,"Legal":35156,"Accounting":115201,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":204805,"Office expenses":603334,"Information technology":610838,"Royalties":0,"Occupancy":664055,"Travel":69755,"Conferences and meetings":0,"Interest":1778541,"Payments to affiliates":0,"Depreciation and depletion":534695,"Insurance":94683,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1510553,"Allowance for Loan Losses":479288,"Equipment Maint and Leasing":563726,"Collection and OREO expenses":390080,"Deposit Taxes":77459},"All other expenses":672261},"Functional Expenses":{"value":null,"Program Service Expenses":10522955,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":232012055,"Non-interest bearing cash":13058293,"Savings and temp cash investments":29858844,"Pledges and grants receivable":0,"Accounts receivable":179078542,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":466446,"Land, building, equipment":4862753,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":4687177},"Liabilities":{"value":211265569,"Sum of Total Liabilities":0,"Accounts payable, accrued":206481,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":19000000,"Unsecured notes loans payable":0,"Other liabilities":192059088},"Fund balance":{"value":20746486,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.05407465623876074,"percentile":0.5339719594454824},"Liabilities to Assets Ratio":{"score":0.9105801377432737,"percentile":0.06290097389030092},"Operating Reserve Ratio":{"score":22.04818465915705,"percentile":0.9519273344422755},"Officer Compensation Ratio":{"score":0.06252312206979883,"percentile":0.6977715285656446},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7987828543053523,"percentile":0.9581376066593299}},"source_xml":"201510869349300826_public.xml"},{"Organization":{"value":null,"Person":["David L Root","Michael R Garvey CPA","Melissa Giroux","Claudia Flanagan","Michael Airhart","William A Shedon","Bruce B Hecker","James Rowe","Paul E Skaling","Leo R Blais","Parker Capwell","Gerard R Cayer","James Crosby","Therese S Stafford","Robert H McGuire","Richard P Sullivan"],"Title":["CEO Retired","CEO","COO/Compliance Risk Officer","Director Consumer Lending","Chairman","First Chair","Second Chair","Treasurer","Secretary","Director","Director","Director","Director","Director","Director","Director"],"Hours":[40.0,39.0,40.0,40.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0],"Total Compensation":[634519,289876,164940,113926,15600,13650,13650,13650,12600,12350,12350,12350,12350,12350,10450,6650],"Direct compensation":[634519,289876,164940,113926,15600,13650,13650,13650,12600,12350,12350,12350,12350,12350,10450,6650],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To provide high quality, low cost financial services to its members","year":2024,"name":"Ocean State Credit Union","phone":4013971900,"website":"oceanstatecu.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Michael R Garvey CPA","year_formation":1950,"state_legal_domicile":"RI","total_volunteers":null,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"2006 Nooseneck Hill Road, Coventry, RI, 2816, USA","city":"Coventry","state":"RI","country":"USA","zip_code":2816},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":77,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":77,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":17544172,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":15836849,"Total revenue":{"value":15836849,"Interest and fees on loans":13600295,"Member service fees":2054836,"Sale of consumer mortgages":63273,"Other operating income":118445},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":1707323,"Investment income total":1707323,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":16533488,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":5148641,"Current officers":1351261,"Disqualified persons":0,"Other salaries and wages":2714913,"Pension plan contributions":211951,"Other employee benefits":560965,"Payroll taxes":309551},"Other expenses":{"value":11384847,"Management services":0,"Legal":3980,"Accounting":41110,"Lobbying services":0,"Investment management fees":0,"Other services":633934,"Advertising":324078,"Office expenses":0,"Information technology":489660,"Royalties":0,"Occupancy":836516,"Travel":0,"Conferences and meetings":0,"Interest":5492285,"Payments to affiliates":0,"Depreciation and depletion":582841,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":2965082,"Office operations":2506181,"State deposit tax":149990,"Provision for loan losses":32546,"Loan servicing expenses":276365},"All other expenses":15361},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":343705007,"Non-interest bearing cash":2425726,"Savings and temp cash investments":28831146,"Pledges and grants receivable":0,"Accounts receivable":281106136,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":3398292,"Land, building, equipment":7835120,"Investments publicly traded":0,"Investments other":1916870,"Investments program related":2647659,"Intangible assets":0,"Other assets":15544058},"Liabilities":{"value":304818647,"Sum of Total Liabilities":0,"Accounts payable, accrued":3904022,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":32500000,"Unsecured notes loans payable":0,"Other liabilities":268414625},"Fund balance":{"value":38886360,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.05760796234783836,"percentile":0.5416256086856304},"Liabilities to Assets Ratio":{"score":0.8868612350474138,"percentile":0.06678698955972555},"Operating Reserve Ratio":{"score":20.788414822087148,"percentile":0.9483949809417818},"Officer Compensation Ratio":{"score":0.08172873140864166,"percentile":0.6176239177904097},"Program Expense Growth":{"score":-0.08416458670404565,"percentile":0.15537904423389526},"Revenue Growth":{"score":0.038889639460114936,"percentile":0.55722929091947},"Asset Growth":{"score":0.04108885649493267,"percentile":0.4917140640687087},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5307235322150418,"percentile":0.4024393731440172}},"source_xml":"202513019349302126_public.xml"},{"Organization":{"value":null,"Person":["David L Root","Ginnie Sosnicki","Claudia Flanagan","Michael Airhart","Bruce B Hecker","Paul E Skaling","James Rowe","William A Sheldon","Parker Capwell","Robert H McGuire","Therese S Stafford","Gerard R Cayer","James Crosby","Richard P Sullivan","Leo R Blais"],"Title":["President/CEO","COO","Consumer Lending","Chairman","Second Chair","Secratary","Treasurer","First Chair","Director","Director","Director","Director","Director","Director","Director"],"Hours":[40.0,40.0,40.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0],"Total Compensation":[330000,182089,110898,14300,12600,12600,12600,11550,11400,11400,11400,11400,11400,10450,9500],"Direct compensation":[330000,182089,110898,14300,12600,12600,12600,11550,11400,11400,11400,11400,11400,10450,9500],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The credit union is a co-operative owned by its member depositors. income realized from investment and loan activities enable the credit union to provide low cost financial services to its members.","year":2022,"name":"Ocean State Credit Union","phone":4013971900,"website":"Coventrycu.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"David Root","year_formation":1950,"state_legal_domicile":"RI","total_volunteers":null,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"2006 Nooseneck Hill Road, Coventry, RI, 2816, USA","city":"Coventry","state":"RI","country":"USA","zip_code":2816},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":58,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":58,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":13825699,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":13120931,"Total revenue":{"value":13120931,"Interest and fees on loans":10468769,"Other fees and charges":2198835,"Sale of consumer mortgages":32867,"Other operating income":420460},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":704768,"Investment income total":704768,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":11859406,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":4372432,"Current officers":763587,"Disqualified persons":0,"Other salaries and wages":2696492,"Pension plan contributions":210725,"Other employee benefits":453432,"Payroll taxes":248196},"Other expenses":{"value":7486974,"Management services":0,"Legal":2549,"Accounting":141900,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":328947,"Office expenses":986650,"Information technology":1544183,"Royalties":0,"Occupancy":671475,"Travel":137105,"Conferences and meetings":0,"Interest":1717848,"Payments to affiliates":0,"Depreciation and depletion":507223,"Insurance":109906,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1275154,"Provision for loan losses":295773,"Deposit Taxes":144000,"Collection and OREO expenses":202606,"IT Services":632775},"All other expenses":64034},"Functional Expenses":{"value":null,"Program Service Expenses":11859406,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":344864750,"Non-interest bearing cash":0,"Savings and temp cash investments":20602558,"Pledges and grants receivable":0,"Accounts receivable":294638107,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":1656786,"Land, building, equipment":7236876,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":20730423},"Liabilities":{"value":307988350,"Sum of Total Liabilities":0,"Accounts payable, accrued":5253800,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":25000000,"Unsecured notes loans payable":0,"Other liabilities":277734550},"Fund balance":{"value":36876400,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.142220151039018,"percentile":0.6881715718513479},"Liabilities to Assets Ratio":{"score":0.8930699643845884,"percentile":0.06580519244288657},"Operating Reserve Ratio":{"score":29.079428598700474,"percentile":0.9658637512709015},"Officer Compensation Ratio":{"score":0.06438661430429146,"percentile":0.68942104869876},"Program Expense Growth":{"score":0.016705969329669893,"percentile":0.3907280285106868},"Revenue Growth":{"score":0.030765139272948255,"percentile":0.5184264405206153},"Asset Growth":{"score":0.047758855151439586,"percentile":0.5181002611004122},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.739100992409912,"percentile":0.90472189830259}},"source_xml":"202302909349300445_public.xml"},{"Organization":{"value":null,"Person":["Roger JLaliberte","Michael D Airhart","Thomas F Lacolle","Bruce B Hecker","Leo R Blais","Robert H McGuire","Paul E Scaling","Richard Audet","William A Sheldon","Richard P Sullivan","Therese S Stafford","James Rowe","Gerard R Cayer","David L Root","Denise Warburton","Ginnie Sosnicki"],"Title":["Chairman","Vice Chairman","Treasurer","Secretary","Director","Director","Director","Director","Director","Director","Director","Director","Director","President/CEO","VP Mortgage Lending","COO"],"Hours":[2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,40.0,40.0,40.0],"Total Compensation":[9000,9000,0,9000,8400,8400,8400,8400,4500,8400,8400,9000,7700,360179,126161,121534],"Direct compensation":[9000,9000,0,9000,8400,8400,8400,8400,4500,8400,8400,9000,7700,325679,126161,121534],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,34500,0,0]},"Basic":{"value":null,"mission":"The credit union is a co-operative owned by its member depositors. income relaized from investment and loan activities enable the credit union to provide low cost financial services to its members.","year":2015,"name":"Coventry Credit Union","phone":4013971900,"website":"Coventrycu.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1950,"state_legal_domicile":"RI","total_volunteers":null,"tax_period_begin":"2015-01-01T00:00:00","tax_period_end":"2015-12-31T00:00:00","address":"2006 Nooseneck Hill Road, Coventry, RI, 2816, USA","city":"Coventry","state":"RI","country":"USA","zip_code":2816},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":78,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":78,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":11737634,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":11253389,"Total revenue":{"value":11253389,"Interest and fees on loans":7883409,"Other fees and charges":2584730,"Sale of consumer mortgages":575388,"Gain on sale of assets":49828,"Other operating income":160034},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":484245,"Investment income total":484245,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":10688239,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":3795641,"Current officers":671974,"Disqualified persons":0,"Other salaries and wages":1610249,"Pension plan contributions":146527,"Other employee benefits":429863,"Payroll taxes":937028},"Other expenses":{"value":6892598,"Management services":0,"Legal":70135,"Accounting":113110,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":240000,"Office expenses":737223,"Information technology":1027066,"Royalties":0,"Occupancy":690864,"Travel":0,"Conferences and meetings":72975,"Interest":1917575,"Payments to affiliates":0,"Depreciation and depletion":462544,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1457142,"Allowance for Loan Losses":368854,"Equipment Maint and Leasing":595248,"Collection and OREO expenses":373620,"Deposit Taxes":119420},"All other expenses":103964},"Functional Expenses":{"value":null,"Program Service Expenses":10688239,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":246777584,"Non-interest bearing cash":19178302,"Savings and temp cash investments":22217114,"Pledges and grants receivable":0,"Accounts receivable":194007134,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":600982,"Land, building, equipment":4655132,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":6118920},"Liabilities":{"value":224907950,"Sum of Total Liabilities":0,"Accounts payable, accrued":205842,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":19000000,"Unsecured notes loans payable":0,"Other liabilities":205702108},"Fund balance":{"value":21869634,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.08940430413829567,"percentile":0.604467909965172},"Liabilities to Assets Ratio":{"score":0.9113791712945857,"percentile":0.06276618930801842},"Operating Reserve Ratio":{"score":23.088703761208933,"percentile":0.9545595733772222},"Officer Compensation Ratio":{"score":0.06609825996593077,"percentile":0.6818510148973381},"Program Expense Growth":{"score":-0.00047106728933688435,"percentile":0.3197855014691504},"Revenue Growth":{"score":0.007255653116380054,"percentile":0.40218754925667394},"Asset Growth":{"score":0.03557427060179309,"percentile":0.46912339735008174},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7029971955019004,"percentile":0.8537326040825273}},"source_xml":"201641029349300704_public.xml"},{"Organization":{"value":null,"Person":["David L Root","Thomas Carroll","Ginnie Sosnicki","Claudia Flanagan","Michael Airhart","Bruce B Hecker","William A Sheldon","James Rowe","Paul E Skaling","Leo R Blais","Robert H McGuire","Richard P Sullivan","Therese S Stafford","Gerard R Cayer","Richard Audet","James Crosby","Parker Capwell"],"Title":["President/CEO","Mortgage Lending","COO","Consumer Lending","Chairman","Secretary","Director","Treasurer","Director","Director","Director","Director","Director","Director","Director","Director","Director"],"Hours":[40.0,40.0,40.0,40.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0],"Total Compensation":[345769,240398,158372,103440,14500,12000,12000,12000,11700,10900,10900,10900,10900,10900,6150,4750,950],"Direct compensation":[345769,240398,158372,103440,14500,12000,12000,12000,11700,10900,10900,10900,10900,10900,6150,4750,950],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The credit union is a co-operative owned by its member depositors. income realized from investment and loan activities enable the credit union to provide low cost financial services to its members.","year":2020,"name":"Ocean State Credit Union","phone":4013971900,"website":"Coventrycu.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1950,"state_legal_domicile":"RI","total_volunteers":null,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"2006 Nooseneck Hill Road, Coventry, RI, 2816, USA","city":"Coventry","state":"RI","country":"USA","zip_code":2816},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":70,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":70,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":15471202,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":15074444,"Total revenue":{"value":15090602,"Interest and fees on loans":10218618,"Other fees and charges":2192918,"Sale of consumer mortgages":2676995,"Other operating income":2071},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":396648,"Investment income total":396648,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":110,"Other total":0,"Royalties revenue":0,"Net rental income":110,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":12449742,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":4067007,"Current officers":976529,"Disqualified persons":0,"Other salaries and wages":2198560,"Pension plan contributions":188424,"Other employee benefits":457367,"Payroll taxes":246127},"Other expenses":{"value":8382735,"Management services":0,"Legal":5584,"Accounting":152110,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":334900,"Office expenses":710283,"Information technology":0,"Royalties":0,"Occupancy":803756,"Travel":28464,"Conferences and meetings":0,"Interest":3226372,"Payments to affiliates":0,"Depreciation and depletion":467368,"Insurance":102120,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1858913,"Allowance for Loan Losses":136029,"Equipment Maint and Leasing":603022,"Collection and OREO expenses":414717,"IT Services":705145},"All other expenses":692865},"Functional Expenses":{"value":null,"Program Service Expenses":12449742,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":323002035,"Non-interest bearing cash":44046302,"Savings and temp cash investments":17434130,"Pledges and grants receivable":0,"Accounts receivable":250638922,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":582432,"Land, building, equipment":4958929,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":5341320},"Liabilities":{"value":291716897,"Sum of Total Liabilities":0,"Accounts payable, accrued":430902,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":20000000,"Unsecured notes loans payable":0,"Other liabilities":271285995},"Fund balance":{"value":31285138,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.19529575012982184,"percentile":0.7515258283657846},"Liabilities to Assets Ratio":{"score":0.9031425978477194,"percentile":0.06414906273505366},"Operating Reserve Ratio":{"score":25.944476198783878,"percentile":0.9606926395728276},"Officer Compensation Ratio":{"score":0.07843768971276674,"percentile":0.6305232553880326},"Program Expense Growth":{"score":0.0189767586066114,"percentile":0.4005643525583954},"Revenue Growth":{"score":0.038833299473716706,"percentile":0.5569683617821684},"Asset Growth":{"score":0.04623969508707747,"percentile":0.5121403421023784},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7501964111844978,"percentile":0.9171685448894614}},"source_xml":"202132449349301703_public.xml"},{"Organization":{"value":null,"Person":["Roger JLaliberte","Michael D Airhart","Thomas F Lacolle","Bruce B Hecker","Leo R Blais","Robert H McGuire","Paul E Scaling","Richard Audet","William A Sheldon","Richard P Sullivan","Therese S Stafford","James Rowe","Gerard R Cayer","David L Root","Denise Warburton","Ginnie Sosnicki"],"Title":["Chairman","Vice Chairman","Treasurer","Secretary","Director","Director","Director","Director","Director","Director","Director","Director","Director","President/CEO","VP Mortgage Lending","COO"],"Hours":[2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,40.0,40.0,40.0],"Total Compensation":[9750,9750,4500,9750,7700,9100,9100,9100,9750,9100,9100,9350,1400,325000,138643,108660],"Direct compensation":[9750,9750,4500,9750,7700,9100,9100,9100,9750,9100,9100,9350,1400,325000,138643,108660],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The credit union is a co-operative owned by its member depositors. income relaized from investment and loan activities enable the credit union to provide low cost financial services to its members.","year":2013,"name":"Coventry Credit Union","phone":4013971900,"website":"Coventrycu.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1950,"state_legal_domicile":"RI","total_volunteers":null,"tax_period_begin":"2013-01-01T00:00:00","tax_period_end":"2013-12-31T00:00:00","address":"2006 Nooseneck Hill Road, Coventry, RI, 2816, USA","city":"Coventry","state":"RI","country":"USA","zip_code":2816},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":85,"Total Gross UBI":57707,"Net unrelated business taxable income":-6153,"Number of employees":85,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":11571077,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":11032755,"Total revenue":{"value":11032755,"Interest and fees on loans":7328741,"Other fees and charges":2622653,"Sale of consumer mortgages":961964,"Gain on sale of assets":61690,"Rental income and insurance premiums":57707},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":538322,"Investment income total":538322,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":10698260,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":3780337,"Current officers":679753,"Disqualified persons":0,"Other salaries and wages":2144028,"Pension plan contributions":96000,"Other employee benefits":394170,"Payroll taxes":466386},"Other expenses":{"value":6917923,"Management services":686888,"Legal":21534,"Accounting":57000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":240213,"Office expenses":110195,"Information technology":568161,"Royalties":0,"Occupancy":666015,"Travel":66388,"Conferences and meetings":52001,"Interest":1822128,"Payments to affiliates":0,"Depreciation and depletion":638348,"Insurance":75059,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1472730,"Allowance for Loan Losses":132990,"Equipment Maint and Leasing":810051,"Collection and OREO expenses":439689,"Deposit Taxes":90000},"All other expenses":441263},"Functional Expenses":{"value":null,"Program Service Expenses":10698260,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":229968547,"Non-interest bearing cash":10069704,"Savings and temp cash investments":34567086,"Pledges and grants receivable":0,"Accounts receivable":174659433,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":509581,"Land, building, equipment":5070372,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":5092371},"Liabilities":{"value":209759603,"Sum of Total Liabilities":0,"Accounts payable, accrued":217784,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":19000000,"Unsecured notes loans payable":0,"Other liabilities":190541819},"Fund balance":{"value":20208944,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.07543092142589665,"percentile":0.578174158122021},"Liabilities to Assets Ratio":{"score":0.9121230087173617,"percentile":0.06264861126815495},"Operating Reserve Ratio":{"score":21.495883162308637,"percentile":0.9504175104819695},"Officer Compensation Ratio":{"score":0.06353865021040805,"percentile":0.6931806693570404},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.8082047610395733,"percentile":0.9635711904468117}},"source_xml":"201430569349300718_public.xml"},{"Organization":{"value":null,"Person":["Roger JLaliberte","Michael D Airhart","Bruce B Hecker","Leo R Blais","Robert H McGuire","Paul E Skaling","Richard Audet","William A Sheldon","Richard P Sullivan","Therese S Stafford","James Rowe","Gerard R Cayer","David L Root","Ginnie Sosnicki","Thomas Carroll"],"Title":["Chairman","Vice Chairman","Secretary","Director","Director","Director","Director","Director","Director","Director","Treasurer","Director","President/CEO","COO","Mortgage Originator"],"Hours":[2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,40.0,40.0,40.0],"Total Compensation":[9000,9000,9000,7700,7700,8400,8400,9000,8400,8400,9000,8400,374100,134300,112522],"Direct compensation":[9000,9000,9000,7700,7700,8400,8400,9000,8400,8400,9000,8400,330000,134300,112522],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,44100,0,0]},"Basic":{"value":null,"mission":"The credit union is a co-operative owned by its member depositors. income realized from investment and loan activities enable the credit union to provide low cost financial services to its members.","year":2018,"name":"Ocean State Credit Union","phone":4013971900,"website":"Coventrycu.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1950,"state_legal_domicile":"RI","total_volunteers":null,"tax_period_begin":"2018-01-01T00:00:00","tax_period_end":"2018-12-31T00:00:00","address":"2006 Nooseneck Hill Road, Coventry, RI, 2816, USA","city":"Coventry","state":"RI","country":"USA","zip_code":2816},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":66,"Total Gross UBI":22560,"Net unrelated business taxable income":-9890,"Number of employees":66,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":12318962,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":11784977,"Total revenue":{"value":11785202,"Interest and fees on loans":8951072,"Other fees and charges":2302287,"Sale of consumer mortgages":222539,"Other operating income":309304},"Total other revenue":22560,"Unrelated business revenue":0},"Investment income":{"value":533985,"Investment income total":533985,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":10486323,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":3820619,"Current officers":723322,"Disqualified persons":0,"Other salaries and wages":2331479,"Pension plan contributions":132000,"Other employee benefits":410968,"Payroll taxes":222850},"Other expenses":{"value":6665704,"Management services":0,"Legal":25747,"Accounting":138695,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":285976,"Office expenses":626101,"Information technology":1222565,"Royalties":0,"Occupancy":597335,"Travel":130247,"Conferences and meetings":73337,"Interest":1718613,"Payments to affiliates":0,"Depreciation and depletion":409026,"Insurance":121682,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1118320,"Allowance for Loan Losses":6782,"Equipment Maint and Leasing":644099,"Collection and OREO expenses":321968,"Postage":145471},"All other expenses":198060},"Functional Expenses":{"value":null,"Program Service Expenses":10453873,"Management And General Expenses":32450,"Fundraising Expenses":0}},"Assets":{"value":270458405,"Non-interest bearing cash":2180897,"Savings and temp cash investments":27964370,"Pledges and grants receivable":0,"Accounts receivable":228903471,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":502296,"Land, building, equipment":4747608,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":6159763},"Liabilities":{"value":243959379,"Sum of Total Liabilities":0,"Accounts payable, accrued":538995,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":20000000,"Unsecured notes loans payable":0,"Other liabilities":223420384},"Fund balance":{"value":26499026,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9969054929931112,"percentile":0.9183682018480178},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.14876569957761052,"percentile":0.6969926094615115},"Liabilities to Assets Ratio":{"score":0.9020218062736856,"percentile":0.06433300886710486},"Operating Reserve Ratio":{"score":25.79153865468382,"percentile":0.9604004155805103},"Officer Compensation Ratio":{"score":0.06897765785013489,"percentile":0.6694561834233842},"Program Expense Growth":{"score":-0.002951584248305782,"percentile":0.31116168709367004},"Revenue Growth":{"score":0.016181586725528444,"percentile":0.445332126116123},"Asset Growth":{"score":0.03544719138573788,"percentile":0.46860893449556146},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6983970608468384,"percentile":0.8460963890166013}},"source_xml":"201931699349300713_public.xml"},{"Organization":{"value":null,"Person":["David L Root","Virginia Sosnicki","Melissa Giroux","Claudia Flanagan","Michael R Garvey CPA","Michael Airhart","William A Shedon","Bruce B Hecker","Paul E Skaling","James Rowe","Leo R Blaise","Parker Capwell","Gerard R Cayer","Robert H McGuire","Therese S Stafford","James Crosby","Richard P Sullivan"],"Title":["CEO","COO","Information Systems/COO","Director Consumer Lending","CFO","Chairman","First Chair","Second Chair","Secretary","Treasurer","Director","Director","Director","Director","Director","Director","Director"],"Hours":[40.0,40.0,40.0,40.0,40.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0],"Total Compensation":[469216,255790,148992,129319,66849,15600,12600,12600,12600,12600,11400,11400,11400,11400,11400,10450,7600],"Direct compensation":[422308,231871,131890,120220,60000,15600,12600,12600,12600,12600,11400,11400,11400,11400,11400,10450,7600],"Other compensation":[46908,23919,17102,9099,6849,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To provide high quality, low cost financial services to its members","year":2023,"name":"Ocean State Credit Union","phone":4013971900,"website":"oceanstatecu.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Michael R Garvey CPA","year_formation":1950,"state_legal_domicile":"RI","total_volunteers":null,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"2006 Nooseneck Hill Road, Coventry, RI, 2816, USA","city":"Coventry","state":"RI","country":"USA","zip_code":2816},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":77,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":77,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":16179714,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":15081769,"Total revenue":{"value":15081769,"Interest and fees on loans":12844124,"Member service fees":2117672,"Sale of consumer mortgages":25686,"Other operating income":94287},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":1097945,"Investment income total":1097945,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":14819328,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":4823524,"Current officers":1107339,"Disqualified persons":0,"Other salaries and wages":2697077,"Pension plan contributions":43110,"Other employee benefits":696576,"Payroll taxes":279422},"Other expenses":{"value":9995804,"Management services":0,"Legal":19713,"Accounting":41110,"Lobbying services":0,"Investment management fees":0,"Other services":611084,"Advertising":424849,"Office expenses":0,"Information technology":429296,"Royalties":0,"Occupancy":721939,"Travel":0,"Conferences and meetings":0,"Interest":4257527,"Payments to affiliates":0,"Depreciation and depletion":502889,"Insurance":207086,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":2780311,"Office operations":2355736,"State deposit tax":144000,"Provision for loan losses":11702,"Loan servicing expenses":268873},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":339279531,"Non-interest bearing cash":2226595,"Savings and temp cash investments":21521039,"Pledges and grants receivable":0,"Accounts receivable":282867572,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":3662810,"Land, building, equipment":7621332,"Investments publicly traded":0,"Investments other":2039156,"Investments program related":3498478,"Intangible assets":0,"Other assets":15842549},"Liabilities":{"value":301410902,"Sum of Total Liabilities":0,"Accounts payable, accrued":4615932,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":35000000,"Unsecured notes loans payable":0,"Other liabilities":261794970},"Fund balance":{"value":37868629,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.08407973095198099,"percentile":0.5947048910271081},"Liabilities to Assets Ratio":{"score":0.8883851646210864,"percentile":0.06654200117004488},"Operating Reserve Ratio":{"score":22.894393794374484,"percentile":0.9540834463192004},"Officer Compensation Ratio":{"score":0.08173218110834715,"percentile":0.6176117080584719},"Program Expense Growth":{"score":-0.04600997284541544,"percentile":0.20494669670377316},"Revenue Growth":{"score":0.0348687818771641,"percentile":0.5382310180351868},"Asset Growth":{"score":0.0442850455496564,"percentile":0.5044113437517435},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5443960023421623,"percentile":0.4410052190002246}},"source_xml":"202443129349301009_public.xml"},{"Organization":{"value":null,"Person":["Roger JLaliberte","Michael D Airhart","Bruce B Hecker","Leo R Blais","Robert H McGuire","Paul E Skaling","Richard Audet","William A Sheldon","Richard P Sullivan","Therese S Stafford","James Rowe","Gerard R Cayer","David L Root","Ginnie Sosnicki"],"Title":["Chairman","Vice Chairman","Secretary","Director","Director","Director","Director","Director","Director","Director","Treasurer","Director","President/CEO","COO"],"Hours":[2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,40.0,40.0],"Total Compensation":[9000,8250,9000,8400,8400,7700,8400,8400,8400,8400,8250,8400,342000,118500],"Direct compensation":[9000,8250,9000,8400,8400,7700,8400,8400,8400,8400,8250,8400,300000,118500],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,42000,0]},"Basic":{"value":null,"mission":"The credit union is a co-operative owned by its member depositors. income relaized from investment and loan activities enable the credit union to provide low cost financial services to its members.","year":2016,"name":"Coventry Credit Union","phone":4013971900,"website":"Coventrycu.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1950,"state_legal_domicile":"RI","total_volunteers":null,"tax_period_begin":"2016-01-01T00:00:00","tax_period_end":"2016-12-31T00:00:00","address":"2006 Nooseneck Hill Road, Coventry, RI, 2816, USA","city":"Coventry","state":"RI","country":"USA","zip_code":2816},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":64,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":64,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":11832863,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":11275859,"Total revenue":{"value":11275859,"Interest and fees on loans":7990867,"Other fees and charges":2666561,"Sale of consumer mortgages":575777,"Gain on sale of assets":42654},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":557004,"Investment income total":557004,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":10708561,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":3375911,"Current officers":519500,"Disqualified persons":0,"Other salaries and wages":1428142,"Pension plan contributions":120000,"Other employee benefits":376904,"Payroll taxes":931365},"Other expenses":{"value":7332650,"Management services":0,"Legal":49927,"Accounting":100000,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":220000,"Office expenses":516872,"Information technology":561443,"Royalties":0,"Occupancy":848121,"Travel":94695,"Conferences and meetings":0,"Interest":2157970,"Payments to affiliates":0,"Depreciation and depletion":426397,"Insurance":116464,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":1380339,"Allowance for Loan Losses":213009,"Equipment Maint and Leasing":638398,"Collection and OREO expenses":367458,"Postage":161474},"All other expenses":860422},"Functional Expenses":{"value":null,"Program Service Expenses":10708561,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":257756254,"Non-interest bearing cash":22436377,"Savings and temp cash investments":26532330,"Pledges and grants receivable":0,"Accounts receivable":198113497,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":590643,"Land, building, equipment":4550590,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":5532817},"Liabilities":{"value":234688926,"Sum of Total Liabilities":0,"Accounts payable, accrued":506772,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":19000000,"Unsecured notes loans payable":0,"Other liabilities":215182154},"Fund balance":{"value":23067328,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.09501521313988001,"percentile":0.6145292977184772},"Liabilities to Assets Ratio":{"score":0.9105072034450035,"percentile":0.06291326427774309},"Operating Reserve Ratio":{"score":24.07011119421181,"percentile":0.9568393651181153},"Officer Compensation Ratio":{"score":0.05243468286728721,"percentile":0.7450080510972398},"Program Expense Growth":{"score":0.0018413527706534433,"percentile":0.3311835208367431},"Revenue Growth":{"score":0.01209078365246524,"percentile":0.4251047986044211},"Asset Growth":{"score":0.04061135392865936,"percentile":0.4897871413443938},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7127691648272522,"percentile":0.8689932351181899}},"source_xml":"201721159349301002_public.xml"},{"Organization":{"value":null,"Person":["David L Root","Ginnie Sosnicki","Michael D Airhart","Bruce B Hecker","William A Sheldon","Leo R Blais","Robert H McGuire","Paul E Skaling","Richard Audet","Therese S Stafford","James Rowe","Gerard R Cayer","Richard P Sullivan","Roger JLaliberte"],"Title":["President/CEO","COO","Vice Chairman","Secretary","Director","Director","Director","Director","Director","Director","Treasurer","Director","Director","Chairman"],"Hours":[40.0,40.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0],"Total Compensation":[330000,150222,9000,9000,9000,8400,8400,8400,8400,8400,8400,8400,7700,750],"Direct compensation":[330000,150222,9000,9000,9000,8400,8400,8400,8400,8400,8400,8400,7700,750],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The credit union is a co-operative owned by its member depositors. income realized from investment and loan activities enable the credit union to provide low cost financial services to its members.","year":2019,"name":"Ocean State Credit Union","phone":4013971900,"website":"Coventrycu.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":null,"year_formation":1950,"state_legal_domicile":"RI","total_volunteers":null,"tax_period_begin":"2019-01-01T00:00:00","tax_period_end":"2019-12-31T00:00:00","address":"2006 Nooseneck Hill Road, Coventry, RI, 2816, USA","city":"Coventry","state":"RI","country":"USA","zip_code":2816},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":72,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":72,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":13270542,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":12532795,"Total revenue":{"value":12532795,"Interest and fees on loans":10086715,"Other fees and charges":2125759,"Sale of consumer mortgages":217657,"Gain on sale of assets":36022,"Other operating income":66642},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":737747,"Investment income total":737747,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":11638936,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":4319823,"Current officers":574472,"Disqualified persons":0,"Other salaries and wages":2936215,"Pension plan contributions":136000,"Other employee benefits":445844,"Payroll taxes":227292},"Other expenses":{"value":7319113,"Management services":0,"Legal":2158,"Accounting":132110,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":308590,"Office expenses":972244,"Information technology":768104,"Royalties":0,"Occupancy":667867,"Travel":95329,"Conferences and meetings":0,"Interest":2779733,"Payments to affiliates":0,"Depreciation and depletion":402333,"Insurance":106633,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":707686,"Allowance for Loan Losses":60945,"Equipment Maint and Leasing":95032,"Collection and OREO expenses":419319,"Deposit Taxes":132390},"All other expenses":376326},"Functional Expenses":{"value":null,"Program Service Expenses":11638936,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":290170256,"Non-interest bearing cash":32956657,"Savings and temp cash investments":23533174,"Pledges and grants receivable":0,"Accounts receivable":223840474,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":561198,"Land, building, equipment":4675270,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":4603483},"Liabilities":{"value":261959906,"Sum of Total Liabilities":0,"Accounts payable, accrued":405845,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":20000000,"Unsecured notes loans payable":0,"Other liabilities":241554061},"Fund balance":{"value":28210350,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.12294946204910093,"percentile":0.6603356363846097},"Liabilities to Assets Ratio":{"score":0.9027800078861288,"percentile":0.06421522598745069},"Operating Reserve Ratio":{"score":24.930995066903023,"percentile":0.9586729393105736},"Officer Compensation Ratio":{"score":0.049357776346566386,"percentile":0.7599835315135623},"Program Expense Growth":{"score":0.009608676385570785,"percentile":0.36116378649204245},"Revenue Growth":{"score":0.024040760311364224,"percentile":0.48517309372647405},"Asset Growth":{"score":0.0388367260309566,"percentile":0.482575689821794},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7296796306217062,"percentile":0.8928608068621944}},"source_xml":"202002849349300605_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["David L Root","Michael R Garvey CPA","Melissa Giroux","Claudia Flanagan","Michael Airhart","William A Shedon","Bruce B Hecker","James Rowe","Paul E Skaling","Leo R Blais","Parker Capwell","Gerard R Cayer","James Crosby","Therese S Stafford","Robert H McGuire","Richard P Sullivan"],"Title":["CEO Retired","CEO","COO/Compliance Risk Officer","Director Consumer Lending","Chairman","First Chair","Second Chair","Treasurer","Secretary","Director","Director","Director","Director","Director","Director","Director"],"Hours":[40.0,39.0,40.0,40.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0],"Total Compensation":[634519,289876,164940,113926,15600,13650,13650,13650,12600,12350,12350,12350,12350,12350,10450,6650],"Direct compensation":[634519,289876,164940,113926,15600,13650,13650,13650,12600,12350,12350,12350,12350,12350,10450,6650],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To provide high quality, low cost financial services to its members","year":2024,"name":"Ocean State Credit Union","phone":4013971900,"website":"oceanstatecu.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Michael R Garvey CPA","year_formation":1950,"state_legal_domicile":"RI","total_volunteers":null,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"2006 Nooseneck Hill Road, Coventry, RI, 2816, USA","city":"Coventry","state":"RI","country":"USA","zip_code":2816},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":12,"Number of independent voting members":12,"Number of employees total":77,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":77,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":17544172,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":15836849,"Total revenue":{"value":15836849,"Interest and fees on loans":13600295,"Member service fees":2054836,"Sale of consumer mortgages":63273,"Other operating income":118445},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":1707323,"Investment income total":1707323,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":16533488,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":5148641,"Current officers":1351261,"Disqualified persons":0,"Other salaries and wages":2714913,"Pension plan contributions":211951,"Other employee benefits":560965,"Payroll taxes":309551},"Other expenses":{"value":11384847,"Management services":0,"Legal":3980,"Accounting":41110,"Lobbying services":0,"Investment management fees":0,"Other services":633934,"Advertising":324078,"Office expenses":0,"Information technology":489660,"Royalties":0,"Occupancy":836516,"Travel":0,"Conferences and meetings":0,"Interest":5492285,"Payments to affiliates":0,"Depreciation and depletion":582841,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":2965082,"Office operations":2506181,"State deposit tax":149990,"Provision for loan losses":32546,"Loan servicing expenses":276365},"All other expenses":15361},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":343705007,"Non-interest bearing cash":2425726,"Savings and temp cash investments":28831146,"Pledges and grants receivable":0,"Accounts receivable":281106136,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":3398292,"Land, building, equipment":7835120,"Investments publicly traded":0,"Investments other":1916870,"Investments program related":2647659,"Intangible assets":0,"Other assets":15544058},"Liabilities":{"value":304818647,"Sum of Total Liabilities":0,"Accounts payable, accrued":3904022,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":32500000,"Unsecured notes loans payable":0,"Other liabilities":268414625},"Fund balance":{"value":38886360,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.05760796234783836,"percentile":0.5416256086856304},"Liabilities to Assets Ratio":{"score":0.8868612350474138,"percentile":0.06678698955972555},"Operating Reserve Ratio":{"score":20.788414822087148,"percentile":0.9483949809417818},"Officer Compensation Ratio":{"score":0.08172873140864166,"percentile":0.6176239177904097},"Program Expense Growth":{"score":-0.08416458670404565,"percentile":0.15537904423389526},"Revenue Growth":{"score":0.038889639460114936,"percentile":0.55722929091947},"Asset Growth":{"score":0.04108885649493267,"percentile":0.4917140640687087},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5307235322150418,"percentile":0.4024393731440172}},"source_xml":"202513019349302126_public.xml"},"sector":"","donation_categories":[],"zakat_policy":null},"error":null}