Solutions

Solutions

Bonded Service Program


A Risk-Free, Fixed-Cost Solution

The Bonded Service Program takes the guesswork and the risk out of reimbursing the State for unemployment claims, while allowing you to save thousands of dollars when compared to paying the state unemployment insurance (SUI) tax.

How does it work?

  • Our Bonded Service Program is specifically designed for your organization.
    Annual fees are based exclusively on your unemployment experience and employment profile. There are no shared risks or expenses.
  • The Bonded Services Program assumes all unemployment claim liability.
    First Nonprofit reimburses the state directly for any and all unemployment benefits paid to your former employees attributable to the coverage term. Our performance is insured by AmTrust Financial Services.
  • The Bonded Service Program provides professional unemployment claims administration and cost control at no additional cost.
    Receive services from unemployment insurance professionals familiar with your state’s laws and statutory requirements to assist you with claims validation, representation at all unemployment appeal hearings, audit of benefit charges, and more.

Why choose First Nonprofit?

We have been providing first and last dollar coverage for over 20 years, have experienced the ups and downs of all possible labor markets, and continue to set the standard for SUI solutions. In addition, we don’t just give you access to one claims service company; we give you options. With several claims service partners across the country, choose the one that is the best fit for your organization.

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

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