PORTLAND CENTER STAGE BEGINS WORK WITH 501(c) SERVICES

By August 27, 2018Blog

Today, we welcome Portland Center Stage  as a new program participant of 501(c) Agencies Trust.

Portland Center Stage is now returning much of the money they had been sending to the state in the form of unemployment taxes to their programs and services. It’s a solution that all 501(c)(3) nonprofits with more than 15 employees should consider.

They chose 501(c) Agencies Trust from a suite of programs provided by 501(c) Services that are designed to help them save money on their unemployment taxes. Federal law allows 501(c)(3)s to stop paying their unemployment taxes and to self-fund their own programs. Doing so can save organizations 40 to 60 percent on those unemployment insurance costs.

Portland Center Stage is the largest theater company in Portland and among the top 20 regional theaters in the country. Established in 1988 as a branch of the Oregon Shakespeare Festival, the company became independent in 1994. Around 150,000 visitors attend Portland Center Stage annually to enjoy a mix of classic, contemporary and world premiere productions, along with the annual JAW: A Playwrights Festival, and a variety of high quality education and community programs.


CALCULATE YOUR OVERPAYMENT

Even though all 501(c)(3) nonprofits have the option to not pay their state unemployment insurance (SUI) taxes many still do. What results are massive overpayments. Our industry estimates indicate that 86% of nonprofits are overpaying their state unemployment costs.*

Calculate your organization’s SUI overpayment today using our SUI Overpayment Calculator.

Then, if you like, we will show you a full suite of options that you can choose from to replace your SUI taxes – and save thousands of dollars annually.

*Based on results reported from over 500 taxpaying nonprofits contacted by 501(c) Services.


ABOUT US

501(c) Services, a 100% employee owned organization, has more than 35 years of experience in providing full-service alternatives to state-run unemployment insurance programs, and provides services to over 1,500 nonprofits nationally. We are the administrator of the 501(c) Agencies Trust, which offers a comprehensive suite of risk management services and multiple stop-loss protection solutions for its 501(c)(3) nonprofit members, and UInsure*, a first dollar unemployment insurance program for 501(c)(3)s, government entities, and tribally owned businesses.

To see if your organization would financially benefit from our services, please complete a Request for Information Form today.

*UInsure is not available in all states. 

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