WE SAVE NONPROFITS MONEY
LET US HELP YOU TODAY
WE SAVE NONPROFITS MONEY
LET US HELP YOU TODAY
LET US HELP YOU TODAY
LET US HELP YOU TODAY
Since 1972, each State will Reimburse 501(c)(3) Nonprofits for their unemployment expenses. It’s one of the biggest, and least known, tax breaks for 501(c)(3)s.
One of our specialists will be happy to speak with you. Our evaluations are free.
You can protect your Nonprofit with insurance for unexpected events like recessions, loss of funding, and mass layoffs.
Make an appointment today to protect your organization and start saving now
Savings for Nonprofits was created to help nonprofit, governmental, and tribal entities better manage their mandatory unemployment expenses, allowing them to channel more funds into the causes they champion and the populations they serve.
Our team is comprised of individuals proud to contribute to the fulfillment of their clients’ missions by serving as strategic partners in their liability planning.
501(c)(3)
An unemployment insurance program that includes risk management and claims administration is essential to keeping 501(c)(3) nonprofit organizations safe from needless unemployment costs. While opting out of paying state unemployment insurance (SUI) taxes is a relatively easy process, the decision to change unemployment financing should be accompanied by a well-thought-out strategic plan on how to pay for future unemployment claims and limit claim liability.
501(c)(3) nonprofits that elect to opt out of SUI taxes are solely responsible for future, unfunded unemployment benefit charges payable (at the state’s discretion) to former employees. Moreover, making that reimbursing election involves a larger fiduciary responsibility for protecting against future unexpected losses.
First Nonprofit partners with third-party claims administrators and provides state-compliant, individually insured, cost-saving options to satisfy SUI requirements for nonprofit entities. Nationally, more than 2,000 organizations with over half a million employees rely on First Nonprofit to reduce, manage, and safeguard their organization from unanticipated unemployment insurance expenses.
Advance SUI compliance, restore financial self-reliance, and protect
sustainable tribal enterprise by contacting us today for information about our combined unemployment insurance programs.
To receive your FREE cost analysis and determine if your nonprofit is eligible to leverage exclusive funding options for unemployment, submit your contact information now or call 614.595.2000 to learn more.
Copyright © 2024 Savings for Nonprofits - All Rights Reserved.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.