2024-05-14T11:05:10-07:00 2023-12-31 990 2023-01-01 050252335 RHODE ISLAND CREDIT UNION RHOD 4017517440 160 Francis Street Providence RI 02903 DANA TAGLIANETTI SENIOR VICE PRESIDENT/CFO 4015532251 2024-05-06 DANA TAGLIANETTI 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z David B Suvall 160 Francis Street Providence RI 02903 16616393 0 X www.ricreditunion.org X Credit Union Financial Institution 1946 RI Rhode Island Credit Union Provides financial services to members 9 0 80 9 65378 65378 0 0 16174747 16616393 0 0 0 0 16174747 16616393 0 0 0 0 6642670 7343401 0 0 0 6875186 9345512 13517856 16688913 2656891 -72520 402123591 400909586 364056906 363215085 38066685 37694501 Rhode Island Credit Union provides financial services to members 0 0 16688913 0 16616393 The Credit Union provides financial services to its members 0 0 0 16688913 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 1 80 1 1 1 0 0 0 0 0 0 0 X 9 0 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X Dana R Taglianetti 4017517440 160 Francis Street Providence RI 02903 David B Suvall President/CEO 40 0 X X X 254522 0 38396 Nancy L Zeppa Executive Vice President/COO 40 0 X X X 191323 0 69216 Dana R Taglianetti Senior VP/CFO 40 0 X X X 145899 0 54446 Maureen Jendzejec Senior VP/CLO 40 0 X X X 143928 0 43612 John Morawski VP/IT 40 0 X 119900 0 56211 Gina M DePalo SVP/CRMO 40 0 X X X 131908 0 34559 David Marsella In House Attorney 40 0 X 107622 0 41642 Louis Votta Consumer Loan Operations Manager 40 0 X 103730 0 43360 Jane F Correia Board Chair 5 0 X 20400 0 0 Ernest A DeAngelis First Vice Chair 5 0 X 18000 0 0 Dennis Tripodi Assistant Treasurer 5 0 X 18000 0 0 Roger Pincince Board Member 5 0 X 18000 0 0 Robert E Christie Board Treasurer 5 0 X 17250 0 0 Leroy RoseJe Director 5 0 X 15000 0 0 Beverly A Dwyer Board Member 5 0 X 13500 0 0 Joseph Durand Board Member 5 0 X 10500 0 0 Robert P Gemma Director 5 0 X 9000 0 0 Henry Godin Jr Board Member 5 0 X 1500 0 0 1339982 0 381442 8 0 1 0 0 0 Insurance Sales 524298 65378 0 65378 0 Interest Income Loans 522130 12673338 12673338 0 0 Investment Income 522130 1177481 1177481 0 0 Other Service Fees and Income 522130 2700196 2700196 0 0 0 0 0 0 16616393 0 0 0 0 0 16616393 16551015 65378 0 0 0 0 0 1721424 0 3800360 286173 1130337 405107 317771 72375 38447 0 0 0 297145 1567962 0 0 965062 65602 2375164 668179 Loan Expense 1838349 Checking Expenses 97496 Loan Loss Expense 455888 Miscellaneous 586072 16688913 0 0 0 2014478 1712449 101523204 97363640 0 0 280452058 281868433 0 0 0 0 0 0 0 0 3310646 3646986 21237226 10875291 8571730 10361935 6251475 5956143 402123591 400909586 5820856 5035283 358236050 358179802 364056906 363215085 X 0 0 0 0 38066685 37694501 38066685 37694501 402123591 400909586 X -72520 0 0 0 0 -299664 X 0 1 X 1 0 0 330252 330252 0 12086979 4388226 7698753 0 1847553 429242 1418311 0 6972442 6057823 914619 0 0 0 0 10361935 Member Savings and Deposit Accounts 358179802 358179802 16616393 0 0 0 0 0 16616393 0 0 0 16616393 16688913 0 0 0 0 0 16688913 0 0 0 16688913 X 1 1 X 0 1 0 David B Suvall President/CEO 254522 0 0 0 0 0 15271 0 23125 0 292918 0 0 0 Nancy L Zeppa Executive Vice President/COO 191323 0 0 0 0 0 59457 0 9759 0 260539 0 0 0 Dana R Taglianetti Senior VP/CFO 145899 0 0 0 0 0 44687 0 9759 0 200345 0 0 0 Maureen Jendzejec Senior VP/CLO 143928 0 0 0 0 0 20487 0 23125 0 187540 0 0 0 John Morawski VP/IT 119900 0 0 0 0 0 33086 0 23125 0 176111 0 0 0 Gina M DePalo SVP/CRMO 131908 0 0 0 0 0 24800 0 9759 0 166467 0 0 0 David Marsella In House Attorney 107622 0 0 0 0 0 18517 0 23125 0 149264 0 0 0 Louis Votta Consumer Loan Operations Manager 103730 0 0 0 0 0 20235 0 23125 0 147090 0 0 0 Schedule J, Part I, Line 1a Some Board Members were accompanied by a spouse to a Board Conference to support Board Knowledge Schedule J, Part I, Line 4 The Credit Union offers a Supplemental Retirement Plan to certain top executives Form 990, Part VI, Section A, Line 6 Each Member is a stockholder of the Credit Union Form 990, Part VI, Section A, Line 7a Credit Union members elect the Governing Body Form 990, Part VI, Section A, Line 7b Any By-Law Changes require approval of the Membership Form 990, Part VI, Section B, Line 11b The Supervisory Committee reviews the 990 filing annually Form 990, Part VI, Section B, Line 12c All members of the governing body sign Conflict of Interest Statements attesting that they have NO conflict of interest Form 990, Part VI, Section B, Line 15 Outside comparative data is used to determine salary of all senior management Form 990, Part VI, Section C, Line 19 Documents and policies are available upon request Form 990, Part XI, Line 9 Amount reported is net of OCI from pension reserves of 400,336 and a one time permitted adjustment to adopt new accounting for Current Expected Credit Losses CECL of 700,000