About Us

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About Us

First Nonprofit (FNP) provides state-compliant, individually insured, cost-saving options to satisfy State Unemployment Insurance (SUI) requirements for nonprofit, governmental, and tribal entities. We are, and have been, the nationwide leader in providing the greatest variety, most unique and enduring programs for managing state unemployment reimbursing risk for over two decades.


How FNP Programs Work

Nonprofit, governmental, and tribal entities can choose to cover their mandatory unemployment costs in one of two ways: paying the SUI tax or going through reimbursement financing (self-insurance). The latter option is a legal right available only to 501(c)(3) nonprofit, governmental, and tribal entities, allowing them to opt-out of paying SUI taxes and to reimburse their state unemployment agency dollar-for-dollar for unemployment claims paid to former employees.

However, though opting out of paying SUI taxes can save money in the short term, it exposes organizations to potential risks such as unexpected loss of funding or program closures that can lead to layoffs. The decision to change unemployment financing should be accompanied by a well-thought-out strategic plan on how to pay for future unemployment claims and limit claim liability.

That’s where we come in.

Major benefits to all First Nonprofit customers include vital security, greater efficiency and cost effectiveness. Our services are individually insured and we partner with third-party claims administrators who insure state compliance, accuracy of benefit charging, and complete satisfaction.

37

MILLION

dollars in Bonded Service Program experience credits from 2006-2016

99

PERCENT

customer retention rate

2.4

MILLION

dollars in recovered excess loss claims since 2010

36

PERCENT

average employer cost savings in 2018

Testimonials

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.

New York Council of Nonprofits, Albany, NY

We were introduced to First Nonprofit through another housing authority. In our analysis and comparison to what we were paying the State, our first year savings was $5,800 plus. We have been with them since the end of 2008 and I am glad we have been. I consider them an arm of our HR department.

Kankakee County Housing Authority, Kankakee, IL

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.

Illinois Network of Charter Schools

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.

Hugh Parry, Retired President of Prevent Blindness America