The First Nonprofit Companies, The Harry A Koch Company and the Nonprofit Association of the Midlands would like to personally invite you to attend an Unemployment Savings Program Seminar. We will discuss the various unemployment insurance coverage options currently available to nonprofit providers, how unemployment compensation rates are assigned, the upcoming cost increases, and various federal and state unemployment insurance benefit programs for claimants.
This seminar will be held at the Nonprofit Association of the Midlands on October 8th at 10:30am.
Who should attend?
Nonprofit executives from nonprofit organizations with more than 25 employees who are looking for a solution to their unemployment tax obligation with the State Unemployment Agency or those already taking advantage of the reimbursement method
What will you learn?
We will discuss the various unemployment insurance coverage options currently available to nonprofit providers, how unemployment compensation rates are assigned, the upcoming cost increases, and various federal and state unemployment insurance benefit programs for claimants.
First Nonprofit Companies (FNC) provides nonprofits with turnkey solutions to save on their unemployment insurance costs. FNC covers over 1,500 nonprofit employers who have reduced their costs by an average of 28%. We want to help even more nonprofits save money by making them aware of this cost-saving program.
Nonprofits typically have fewer unemployment claims than the private sector; therefore, they often subsidize the state unemployment fund by paying more than necessary. Federal and state laws allow 501(c)(3) organizations to reimburse the state unemployment fund, rather than pay the UI tax in advance of having actual claims. FNC's unemployment programs may well reduce your unemployment costs if you currently participate in the state tax system, and can provide you with a safety net if you have already chosen the reimbursable option.
Participation in FNC programs provides:
· Unemployment insurance savings of as much as 60%
· No pooling or shared risk
· Fixed annual cost
· Fully insured option to eliminate risk or Stop Loss Insurance with customized attachment points to minimize your exposure
· Professional representation in unemployment hearings and audits included
· Access to training and services that can decrease the number of invalid claims