The Top 10 Reasons 501c3 Nonprofit, Governmental, and Tribal Entities Choose First Nonprofit

August 31, 2020

The Top 10 Reasons 501c3 Nonprofit, Governmental, and Tribal Entities Choose First Nonprofit

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  1. You’ll Save Money!
    If your 501c3 nonprofit, governmental, or tribal entity is paying state
    unemployment insurance (SUI) taxes, you are most likely overpaying for
    unemployment insurance. By making the switch* to one of First Nonprofit’s
    unemployment programs, our new 2020 customers saved an average of 33%!
  2. We offer flexibility.
    Employers change over time, as do their needs. First Nonprofit offers program
    options: Bonded Service Program, Unemployment Savings Program, NU
    Fund. All of our alternatives to the tax method maximize savings and eliminate
    the challenges of reimbursing.
  3. We’re ‘Excellent’!
    All of our programs are insured by AmTrust Financial Services, Inc. insurers,
    rated “A-” (Excellent) Financial Size “V” for their financial strength, by
    A.M. Best, a credit rating organization dedicated to serving the insurance
    industry.
  4. We’ve got experts.
    As a member, you’ll have day-to-day assistance from professionals trained in
    unemployment issues and state-specific agency procedures. This will save
    your staff valuable time and money on technical, claims processing, and
    audit/reporting services.
  5. It’s all about you.
    All fees are based exclusively on your organization’s unemployment
    experience and employment profile. There are no pooled losses or shared
    experiences like those found in SUI tax or trust programs.
  6. You’ll improve cash flow.
    Employers paying SUI tax make the largest contributions during first and
    second quarters. First Nonprofit program customers normally make four fixed
    equal payments over the course of the year.
  7. We’ll handle all state paperwork.
    To guarantee seamless transition into our state compliant programs,
    experienced staff will process all necessary paperwork to setup your reimbursing
    account with all applicable state unemployment agencies. This includes posting
    all required collateral at no additional cost!
  8. You’ll be in good company.
    Our nationwide programs are endorsed and recognized by over 30 national
    and state nonprofit associations. More than 2,100 nonprofit organizations
    across the country, representing all sectors of the nonprofit, governmental,
    and tribal communities, rely on us.
  9. It’s easy!
    Our application process is simple: To find out how much money you can save,
    request a free savings quote at www.firstnonprofit.com.
  10. There is no better time than now.
    According to the U.S. Department of Labor, employers pay an average of
    $1.22 in SUI taxes for every $1.00 paid out in unemployment insurance
    benefits. Opt-out of these over payments in 2020

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*Already reimbursing (self-insured)? No problem! Our programs will minimize the risk associated with being a self-insured employer, provide a fixed annual cost and remove the uncertainty of your exposure.

Ready to chat?
Get in touch today to request a no-obligation savings evaluation.

Testimonials

PORT Health Services has had a great experience with the Unemployment Savings Program offered through First Nonprofit. Throughout the years we have been involved in the program, we have increased our reserve account significantly through this program and find the reporting we receive both timely and useful. We look forward to our continued involvement with this program and our connection with First Nonprofit for many years to come.

PORT Health Services, Greenville, NC

Job One was spending a lot of money on unemployment. Our insurance broker, Mark Simcosky, recommended that we switch over to First Nonprofit. We did just that! This switch has been a huge savings for us! This switch saved us over $10,000 in the first year. Their customer service is Superior! Any time we have a question, we get a response very quickly. Any time we send them a report and they have a question; they call rather than just assuming. They were very responsive during COVID, even when they were in crisis mode their selves. They also were always there when we needed during COVID and very helpful! We would 1,000% recommend First Nonprofit to anybody that could benefit from it!

Job One, Independence, MO

My experience with FNP has always been positive. Every time I have had to contact them, I’m always put in contact with a friendly and knowledgeable person. If something is missing from our account, they reach out to us to request it. It’s nice to work with a company that makes sure our account is current. I would recommend them to any nonprofit looking to reduce their unemployment insurance costs.

Family Counseling Center, Gloversville, NY

We’ve saved tens of thousands of dollars PER YEAR by changing to become a reimbursing employer, freeing funds for much needed capital investment. FNP has been a valued partner in this process, providing assurance that we have stopgap coverage for extraordinary claims and keeping claims response painless and simple. It’s a huge Win/Win!

NC UM Camp & Retreat Center, Garner, NC

First Nonprofit gets an A+ in my book. You are so easy to work with & very knowledgeable! Whether it is my quarterly correspondence with Kim or my random interactions with Dawn about a bond … I am so pleased that I get to work with such a helpful company. Thank you!

Women's Choice Network, Pittsburgh, PA

When I first began in my position at my organization, I hadn’t had experience working with a company like FNP. The staff was so patient and helpful in helping to explain the benefits of First Nonprofit. Anytime I reach out with a question I receive a quick, clear, and thorough response. I’m so thankful that we decided to partner with FNP. Their excellence in customer service, coupled with their variety of packages frees us up to truly serve our staff and community with a peace of mind knowing that our organization is protected against unanticipated unemployment insurance expenses.

Homes of Hope, Greenville, SC

FNP is a great resource for Daniel Kids. To have a TPA that we can count on to take point on not only managing our unemployment claims, but to support and guide any protest hearing, is invaluable. All the professional support staff we have worked with have been excellent, very knowledgeable and responsive. We are grateful for the help and support, thank you.

Daniel Kids, Jacksonville, FL

Chicago Children’s Theatre has greatly benefited from our partnership with First Nonprofit, and I have always enjoyed working with the staff on our filings and any complicated questions. I would not hesitate to recommend First Nonprofit to fellow nonprofits. We’re very happy customers.

Chicago Children’s Theatre, Chicago, IL