October 18, 2013
Wednesday, November 6, 2013
8:00 am – 11:30 am CST
353 North Clark Street, 4th Floor Conference Center, Mesirow A&B
Chicago, Illinois 60654
Kindly RSVP by
Monday, November 4, 2013
Join Mesirow Financial’s Deputy Chief Economist Adolfo Laurenti and insurance industry experts for a forum on the economy’s impact on the nonprofit sector and state unemployment tax and funding options for 501(c)3 organizations and government entities/municipalities. With continuing strains on funding for nonprofits, your organization has alternative options to save on unemployment tax costs.
|8:00 – 8:30||Registration and continental breakfast|
|8:30 – 8:45||Welcome and introductions by Jennifer Gavelek|
|8:45 – 10:00||Adolfo Laurenti–The Economy’s Impact on the Nonprofit Sector|
|10:00 – 10:10||Break|
|10:10 – 11:15||Cecilia Piazza– Funding Options for State Unemployment Taxes|
|11:15 – 11:30||Q&A|
|Adolfo L. Laurenti-Mesirow Financial
Senior Managing Director and Deputy Chief Economist
Adolfo Laurenti develops ongoing economic research and commentary critical to supporting clients and contacts of Mesirow Financial. Adolfo authors Themes on the Global Markets, a periodic newsletter providing insight into trends, issues and the forecast for the global economy. As an expert on the European economies, Adolfo is a new face in demand by the financial press and among local media. He also lectures at Northwestern University’s Medill School of Journalism.
Adolfo was selected as an Emerging Leader by the Chicago Council on Global Affairs for 2011. He was an Earhart Foundation Fellow in 2002. He received a Washington Society of Investments Analysts Scholarship and a Graduate Scholarship for Excellence in Academia from the Economic Club of Washington D.C.
Adolfo is a graduate of Bocconi University Business School in Milan, Italy. He specialized in industrial organization as a visiting scholar at the Center for Industrial Economics in Copenhagen, Denmark, and concentrated in financial economics at Central European University in Budapest, Hungary. Adolfo earned his master of arts degree in economics from George Mason University, where he also pursued doctoral studies.
Adolfo serves on the board of the National Association for Business Economics and is a member of both the American Economic Association and the Chicago Association for Business Economics. He is also a board member for the Collaborative Arts Institute of Chicago.Jennifer Gavelek, CPCU, ARM-Mesirow Financial
Managing Director and Insurance Nonprofit Practice Leader
Jennifer Gavelek is a managing director within Mesirow Financial’s Property and Casualty Insurance Services Practice and the Nonprofit Practice Leader. She is a specialist in evaluating, marketing, developing and servicing insurance and risk management programs. Jennifer works with risk managers and underwriters to negotiate and secure comprehensive, cost-effective coverage for clients. In addition to her active role in sales and client relations, Jennifer was involved with the in-house risk management for each of Mesirow Financial’s four divisions and quality control of the Insurance Division for more than 10 years.
Jennifer’s specialties include program assessment (analysis, planning, control and financing) and specialty coverage lines including professional liability, management liability and security/privacy. She has strong analytical, organizational, planning, interpersonal and negotiating skills with the ability to effectively communicate. Jennifer incorporates strategic solutions to achieve clients’ risk management objectives while maintaining expectations and business processes. She finds creative solutions to complex problems and partners effectively with clients, insurance carriers, risk management professionals and claims services.
Jennifer joined Mesirow Financial in 1996 and began her insurance industry career in 1990. She holds a Chartered Property Casualty Underwriters (CPCU) designation and is currently pursuing an Associate in Risk Management (ARM) designation. Jennifer earned a bachelor degree in finance from Northeastern Illinois University.Cecilia Piazza-First Nonprofit Group
Vice President of Member Services
Cecilia Piazza earned a bachelor of arts in business with a concentration in human resources from St. Xavier University. She has over 20 years of combined management experience in the U.S and abroad. Cecilia was a key individual responsible for staff, training and development of new products for the largest employer in New Zealand; successfully completing their management graduate program and traveling extensively throughout the country. After returning to the U.S. she broadened her experience to include the nonprofit sector and insurance.
Cecilia has 14 years of service with First Nonprofit Group. Her successful oversight of a multi-million dollar program has resulted in the steady growth of the unemployment membership and a vital team of support personnel. Cecilia has been twice published in Nonprofit World magazine regarding the benefits of unemployment financing. She is a member of the Alliance for Nonprofit Management.
Cecilia continues to travel extensively across the U.S presenting to large and small groups about unemployment insurance and effective ways to manage this responsibility. Her knowledge and background in human resources, enhanced by several years of operational experience working directly with nonprofits, certified public accountants, attorneys, and consultants, has had a direct financial impact on the bottom line of nonprofit agencies.
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!