May 6, 2014
If your nonprofit organization is paying the state unemployment tax (SUTA), you are most likely overpaying for unemployment insurance. 501(c)3 nonprofits and governmental employers joining our programs choose to be financially liable for only their own unemployment claims (called “reimbursing”)* and not pay via the tax method. By making the switch, our new 2014 members saved an average of $41,473!
Nonprofit organizations change over time, as do their needs. First Nonprofit offers four program options: Bonded Service Program,Unemployment Savings Program, Excess Loss Insurance,and Surety Bonds. All of our alternatives to the tax method maximize savings and eliminate the challenges of reimbursing.
All of our programs are insured by AmTrust Financial Services, Inc., rated “A” (Excellent)by A.M. Best., a credit rating organization dedicated to serving the insurance industry.
As a member, you will have day-to-day assistance provided by professionals in unemployment issues and agency procedures specific to your state. Our experts save you valuable staff time and money by providing technical services,claims processing, and audit/report services.
All fees are based exclusively on your own unemployment experience and employment profile. There are no pooled losses or shared expenses found in State Tax or Trust programs.
Employers paying the state unemployment tax make most of their payments into the tax system during the first and second quarters. First Nonprofit program members make four fixed equal payments over the course of the year.
To ensure a seamless transition into our programs, our staff will process all necessary paperwork to setup your reimbursing account at your state unemployment agency, including posting any required collateral.
Our programs are available nationwide and are endorsed and recognized by 29 national and state nonprofit associations. More than 1,600 nonprofit organizations across the country, representing all sectors of the nonprofit community, rely on us.
Our application process is simple: To find out how much money you can save, request a free savings quote here.
The national average unemployment tax cost per employee has increased by 79% since 2009! While some states have begun to rebuild their unemployment trust funds that were depleted during the recession, some states are still not collecting enough money in unemployment taxes even with the 79% cost increase.
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!