August 19, 2014
Nonprofit organizations in Arizona have an exciting opportunity to learn about alternatives to paying state unemployment tax (SUTA) that provide more insight and control over the money used to compensate jobless claims. The free online seminar will help 501(c)(3) charitable groups, tribal enterprises and government agencies understand how they can reduce the costs of handling unemployment claims without compromising their ability to fully fund this legally mandated requirement. Educational information about the development of the current unemployment climate in the state, changes to rates and calculations and more will be available. The free webinar, hosted by First Nonprofit Group and the Alliance of Arizona Nonprofits, will take place from 10 to 11 a.m. on August 27.
Arizona has dealt with especially high increases to such taxes since the Great Recession. Although the economy has certainly recovered in recent years, the Arizona Department of Economic Security had to cover the rise in unemployment claims during the Recession by borrowing from the federal government. In order to pay back the state debt and replenish the unemployment fund, the metrics used to calculate employer unemployment rates were raised significantly. Because of this change, the average unemployment tax cost per employee rose an incredible 77 percent in Arizona from 2009 through 2014. Additionally, a change to the unemployment wage base could lead to the average unemployment tax cost per employee to reach $354 – up from just $165 in 2013.
The benefits of attending
Beyond an in-depth informational session on SUTA and associated cost increases targeted specifically toward the unique needs of nonprofits, alternatives to these increasingly expensive contributions will also be discussed. First Nonprofit Group offers a variety of solutions that help such organizations manage their unemployment obligations in a much more cost effective manner. Attendees will also receive a copy of a "Ten Things" series for nonprofit boards booklet, from First Nonprofit Foundation.
There are plenty of advantages to be had by nonprofits of all sizes and shapes from learning about changes to Arizona's SUTA fund and how they can keep their unemployment costs low. To learn more, and to sign up for this free webinar, interested nonprofits can follow this link to the registration page.
For information on how your organization can cost-effectively meet its unemployment insurance needs, contact First Nonprofit Group at FNCUI@firstnonprofit.com or visit www.firstnonprofitgroup.com.
Working with Marshal Whittey at First Nonprofit has been a great experience. He handles our request as a priority and goes above and beyond to resolve any issues we have in a timely manner. Marshall follows through to the end and ensures our needs are met. He has been a great resource for LSC and our “go to” for any tax questions we may have. With LSC transitioning several facilities into one federal tax identification number, First Nonprofit was able to assist and provide guidance with best practices resolving claims to each entity. Additionally First Nonprofit provided knowledge (information materials) and one on one training to HRS group with best practices to handle claims state adjudicated, fraudulent claims, and appeals. And processing information in the First Nonprofit [unemployment claims] system allows for timely information can be collected.
My experience with FNP has been wonderful. Unemployment in general is quite confusing and FNP has simplified the process for us. Everyone we have reached out to or worked with has been very helpful and follows up to be sure we understand the information. I am so happy we made the switch to FNP!
First Nonprofit smoothed the unemployment perils for our organization during Covid. Without the ability to cap our UI exposure, we would not have been able to weather the storm. The program worked perfectly and we have come out of the pandemic ready to forge on. Thanks FNP!
My experience with the FNP has been fantastic. The idea of setting funds aside for the unemployment tax liability is a bedrock for nonprofit organizations like mine, namely ASHBA; what is even more advantageous is having the FNP as a custodian of those funds. 100% recommended!
I would like to comment on my experience with FNP….to date our District has saved $1,000’s of dollars by being enrolled in the First Nonprofit program. My only regret is that we did not know about this method of paying unemployment tax years ago….as I had figured about five years
ago, had we enrolled 15-20 years ago, we could have saved our small school district upwards of $500,000 in payments to IDES. Also we would have had a pretty hefty sum of money in our Reserve Account. Thankfully I attended a workshop hosted by First Nonprofit back in 2015 which got the ball rolling!
I have worked with the First Non-Profit Team for many years, and I appreciate the quick response and care that Cecilia and the team provides anytime I have questions. While there are other providers that may provide like services, First Nonprofit will always be my first choice! I appreciate you!
First Nonprofit has been easy to work with and makes the administrative process easier and smoother. We enjoy working with you.
Luckily for us, our interactions regarding any issues with staffing has been very minimal! I can say that all other interactions with regards to billing, 941 reporting, etc. have been extremely pleasant, accommodating and easy to work with. Kim Ghanayem is always prompt, professional and friendly. Thank you so much!