EIN 38-1544100

Credit Unions Chartered in the State of Michigan - 1204 Jolt Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
147
Year formed
1956
Most recent tax filings
2023-12-01
Description
Jolt Credit Union champions its mission by offering a variety of financial services that empower members to manage their finances democratically, enhancing their economic and social conditions. It provides no/low cost financial products including ATM access, debit cards, wire transfers, online bill pay, remote deposit capture, mobile banking, and various insurance programs to eligible members. Jolt Credit Union serves 12,979 members with low rate loans encompassing vehicle loans, mortgage/home equity loans, credit cards, and other personal loans.
Related structure
Credit Unions Chartered in the State of Michigan - 1204 Jolt Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Michigan.
Also known as...
Jolt Credit Union
Total revenues
$19,662,490
2023
Total expenses
$21,725,451
2023
Total assets
$451,669,509
2023
Num. employees
147
2023

Program areas at Credit Unions Chartered in the State of Michigan - 1204 Jolt Credit Union

Provided 12,979 members with low rate loans, including vehicle, mortgage/home equity, Credit cards and other personal loans.
Provided 27,856 members with regular shares, money market, share draft, ira and certificates of deposit.
Provided no/low cost financial products and services included automated teller machine access, debit cards, wire transfers, online bill pay, remote deposit capture, mobile banking and various insurance programs to all eligible members.

Financials for Credit Unions Chartered in the State of Michigan - 1204 Jolt Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$16,387,147
Investment income and dividends$2,881,031
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-7,257
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$401,569
Total revenues$19,662,490
Data update history
March 19, 2025
Posted financials
Added Form 990 for fiscal year 2023
March 19, 2025
Updated personnel
Identified 7 new personnel
January 8, 2025
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
6180 State St
Saginaw, MI 48603
Metro area
Saginaw, MI
County
Saginaw County, MI
Website URL
joltcu.com/ 
Phone
(989) 799-8744
IRS details
EIN
38-1544100
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1956
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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