March 19, 2019
CHICAGO, Ill., March 19, 2019 – First Nonprofit (FNP), a leading provider of insurance programs to nonprofit and government entities, today announced the endorsement of FNP’s unemployment insurance programs by Community Action Partnership (CAP), a national non-profit membership organization that provides technical assistance, training, and other resources to Community Action Agencies (CAA).
FNP will provide CAP and its employer network with state-compliant, individually insured, cost-saving options to satisfy State Unemployment Insurance (SUI) tax requirements. By participating in FNP’s insurance programs, CAAs will benefit from enduring savings and improved efficiencies to better serve constituents and further their missions.
Denise Harlow, Chief Executive Officer of the National Community Action Partnership, said, “As the hub for over a thousand of the nation’s local Community Action Agencies, we are always looking for opportunities to connect local agencies to products and solutions that generate savings on the operational side of the business, so they are able to invest more money in their missions. First Nonprofit is the ideal partner, having already worked with many of our members to implement savings options. We look forward to working together to strengthen the positive social impact of our member agencies.”
FNP currently serves more than 50 CAAs across the country. Over the past two years, FNP has helped CAA customers generate significant savings on more than $400,000 on SUI taxes in their first year alone.
About FNP: More than 2,000 organizations with over half a million employees nationwide rely on FNP for state-compliant, individually insured, cost-saving options that satisfy SUI requirements for 501(c)3 nonprofit, government and tribal entities. FNP operates within The Amynta Group, an industry leading group of warranty, managing general agent and specialty risk companies.
About CAP: Community Action Partnership is a national, 501(c)3 nonprofit membership organization that provides technical assistance, training, and other resources to CAAs, nonprofit and public groups funded by the Community Services Block Grant (CSBG), a federal program that allocates funding to states to connect Americans to greater opportunity.
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Contact:
Cruz Mendez
First Nonprofit
312-728-9963
cmendez@firstnonprofit.com
Ready to chat? Get in touch today to request a no-obligation savings evaluation.
We’ve been a member of First Nonprofit’s Unemployment Savings Program since 2011 and highly recommend joining. The program is terrific and allows us to earn interest on our own funds while still meeting the state’s requirements on unemployment payments. In addition, the staff are great and always helpful sorting out any questions we may have. Thank you all!
CCSCT was approached by First NonProfit to discuss its Unemployment Savings Program and ways the program could significantly reduce the amount of unemployment taxes we were paying. At the time, our agency was paying approximately $80,000 per year. First NonProfit conducted an analysis to determine if making the switch would be in our best interest, and it clearly was based on our circumstances. The first year on the program, CCSCT saw a 70% reduction in its unemployment costs and each year, continues to experience further reductions as a result of having minimal claims. Some additional benefits of the program including having a fixed annual cost, an interest-baring reserve account, professional unemployment claims management and representation at all unemployment hearings. This has been one of the best decisions we have made.
We first started using First Nonprofit’s Unemployment Savings Program when we were a small startup nonprofit. We didn’t have an HR department and needed expertise in the event that an unemployment claim was made. We knew we were eligible to be a reimbursing employer, but weren’t sure how to navigate that process. They made it easy to set things up, plan for, and then manage claims when they came at a very reasonable cost. The amount of time and stress they’ve saved us dealing with all this has been worth way more than the cost. We’ve now grown to a large nonprofit and do have an HR department but have no plans to stop using their services. I highly recommend them to every nonprofit I come into contact with!
Throughout our membership in the Unemployment Savings Program, First Nonprofit understood our demands, community dynamics, and the importance of seamless services; that allowed us to serve our constituents better.
Because INCS advocates for the operating conditions that allow charter public schools to provide high quality public education, partnering with First Nonprofit was an easy decision. First Nonprofit’s unemployment programs provide our member schools two operating elements crucial to their ability to provide high quality public education: savings and budget certainty. Capable, committed teachers are the key to student success. By participating in the unemployment insurance savings plan, charter public schools gain peace of mind and are able to invest more money in their teachers.
It has been our sincere pleasure to maintain a strong, vibrant business partnership with First Nonprofit. We greatly admire their strong industry knowledge, technical expertise, constant professionalism, knowledgeable and dedicated staff. They are always extremely responsive, personable and provide us with the necessary guidance and recommendations on a numerous variety of employment scenarios.
NYCON members who use First Nonprofit’s programs enjoy enduring savings and improved efficiency. Our association knows that success, because from the beginning, we achieved the same great benefits. Great savings, seamless technology, and responsive service. NYCON highly recommends First Nonprofit’s remarkable unemployment solutions.
Visually Impaired Preschool Services has been a client of First Non-Profit since it was first offered as a benefit of VisionServe Alliance. We completed a thorough evaluation of cash savings to our agency before taking advantage of this wonderful benefit and it has been a very wise decision. Our experience with the processes from accounting to claims have been professional, expeditious and easy.