2022-11-15T10:37:55-06:00 2021-12-31 990 2021-01-01 741505143 CoastLife Credit Union % Gina Bryant COAS 3619925456 6810 Saratoga Boulevard Corpus Christi TX 78414 GINA BRYANT CEO 3619925456 2022-11-15 GINA BRYANT 999009999 1 IAL1 2021 2022-09-23 18:48:47Z CoastLife Credit Union 6810 Saratoga Boulevard Corpus Christi TX 78414 21652843 false X www.coastlifecu.com X Not-for-profit 1935 TX To change lives by helping each person navigate their financial journey 9 9 165 11 96775 6735 10231 21220968 21017726 497233 507711 98812 117175 21823748 21652843 10000 10000 2333252 2338985 4437545 4850790 0 0 10072980 8731178 16853777 15930953 4969971 5721890 408757871 459349679 364889442 406910045 43868429 52439634 Change lives by helping each person navigate their financial journey. false false 1519436 14398950 Interest on loans for members who are eligible; main expense for this program is the provision for loan loss 2331214 5062758 Fees and Programs; this is revenue from checking; savings and financial institution transactions 1565420 Misc Operating Revenue 3850650 false false false false false false false false false false true true false true true false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false true 10062 0 true 165 true true true false false false false false false false false X 9 9 false false false false true true false true true true true true true true false true false true true false false TX X GINA BRYANT 3619925456 6810 Saratoga Boulevard Corpus Christi TX 78414 GINA BRYANT CEO 40.00 X 329262 0 0 LEANNE MULHOLLAND COO 40.00 X 118045 0 0 KEN COMBS Chairperson 10.00 X X 0 0 0 LYNDA DELEON Vice Chairperson 10.00 X X 0 0 0 ANGIE RAMIREZ Secretary 10.00 X X 0 0 0 MICHAEL SANDROUSSI Treasurer 10.00 X X 0 0 0 JAVIER LEAL Board of Director 5.000 X 0 0 0 HENRY SANTANA Board of Director 5.000 X 0 0 0 KATHY ORTIZ Board of Director 5.000 X 0 0 0 JOSE CAVAZOS Board of Director 5.000 X 0 0 0 JESSE GATEWOOD Board of Director 5.000 X 0 0 0 YVONNE ALANIZ-CARPENTIER CFO 40.00 X 101087 0 0 548394 3 false true false Think Stack 1300 Thames Baltimore MD 21231 IT Networking Consultant 1020367 Merchant Services 8500200 Venores Hill Cincinnati OH 45249 Debit Card Services 733580 FISERV PO Box 208547 Dallas TX 75312 Core Processor 1234076 IBG 5137 Golden Foothill Parkway El Dorado Hills CA 95762 Construction Design Build 6627331 Payentry 9920 Kinsey Avenue Ste 100 Huntersville NC 28078 Employee Benefits 575892 16 10231 10231 Interest on Loans 900099 14398950 14398950 Fees and Programs 900099 5062756 5062756 Misc Operating Fee 900099 1556020 1556020 21017726 497104 497104 20400 20400 20400 10607 10607 10607 0 Warranties 900099 23027 23027 AD&D Insurance 900099 42979 42979 ATM Surcharges 900099 30769 30769 96775 21652843 21514830 96775 X 10000 2338985 548394 4262261 -710439 395087 355487 18267 12825 192982 1395926 1570577 607102 11860 256018 70972 Provision for Loan Loss 1519436 1519436 Special Program Expenses 2331214 2331214 Loan Servicing 585975 585975 0 158024 15930953 4436625 0 0 71430137 66334756 277751843 289446591 14342939 8428987 5405354 5913952 31335005 64416748 22835532 33237632 408757871 459349679 4617734 6207876 360271708 400702169 364889442 406910045 273926 X 43868429 52439634 43868429 52439634 408757871 459349679 X 5721890 1026495 1822820 X X true X true X true false false false false false false false false 1748609 1748609 6893955 3173870 3720085 46808 19222 27586 5653567 5235895 417672 5913952 Investments 64416748 C 64416748 Other Assets 33237632 33237632 Other Liabilities 400702169 400702169 false 0 0 Scholarships 10 1000 X true true false false false false false false false false false GINA BRYANT CEO 308979 20283 329262 LEANNE MULHOLLAND COO 117495 550 118045 KEN COMBS Chairperson LYNDA DELEON Vice Chairperson ANGIE RAMIREZ Secretary MICHAEL SANDROUSSI Treasurer JAVIER LEAL Board of Director HENRY SANTANA Board of Director KATHY ORTIZ Board of Director JOSE CAVAZOS Board of Director JESSE GATEWOOD Board of Director YVONNE ALANIZ-CARPENTIER CFO 100537 550 101087 Part VI Line 1a No Part VI Line 1a None delegated. Part VI Line 6 An individual has to open an account with a credit union. They are Part VI Line 6 considered a member when they pay their initial deposit... Part VI Line 7a Each member has one voting right for BOD elections. Part VI Line 11b The Form 990 was provided for review in the board portal. This was done 7 Part VI Line 11b days ahead of time. Each BOD sent an email approving the forms. Part VI Line 15a or b CEO - outside source - 2017 Part VI Line 19 Financial statements are posted in each lobby monthly. Governing documents Part VI Line 19 are available upon request and notice is in the lobby and website. Part XI Line 9 $1,026,495 is the adjustment for the available for sale investments. Part XI Line 9 $1,822,820 is an equity adjustment for a merger.. Part XII Line 1 No Part XII Line 2c The board of directors has ann Economics Comittee that oversees the audit Part XII Line 2c process. Part VI 7 a Members are account holders who have the authority to elect Part VI 7 a the board of directors. Part VI 8 a The minutes are documented each month and are retained permanently. Part VI 11 b The form 990 and 990T are available prior to the BOD meeting Part VI 11 b for review. Part VI 12 c The BOD sign new conflict of interest statements annually. Part VI 15 a The BOD hired a firm to establish the CEO salary. Part VI 19 The Form 990 is available upon request. The financial statements Part VI 19 posted monthly in each office. Part XI 9 The change in net assets is due to a change in comprehensive Part XI 9 income and an adjustment in equity acquired in merger.