September 22, 2014
First Nonprofit Group will be in attendance at the New York Council of Nonprofits' thirteenth annual Camp Finance conference. The event will provide member organizations the chance to learn more about fiscal responsibility and actions they can take to become financially agile. NYCON has focused on dealing with changes to the economy, state law and public perception since its inception. The council also helps participating groups craft a forward-facing strategy that allows nonprofits to not only survive, but thrive as well. The event is scheduled to take place on October 9th and 10th at the Mohonk Mountain House in New Paltz, New York.
One area where nonprofits are often able to save money is through alternatives to traditional state unemployment insurance tax (SUTA). Instead of having to adhere to paying the tax like for-profits must do, nonprofit groups can elect to become reimbursing employers. Through this option, organizations pay out unemployment claims on a dollar-for-dollar basis, eliminating the excess loss of funds that often occurs when contributing to SUTA pools. With the help of savings and security options from First Nonprofit Group, as well as assistance in administering claims, nonprofits can realize significant savings in this area while also fully meeting their responsibility to pay out legitimate jobless claims. NYCON is itself a First Nonprofit Group partner.
A variety of keynote addresses will be offered on various financial subjects at the conference, with a focus on New York state's Nonprofit Revitalization Act as well as the impact of the Affordable Care Act on nonprofit groups. To learn more, and to sign up, follow this link.
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.
Ready to chat? Get in touch today to request a no-obligation savings evaluation.
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!