Today, we welcome AHRC New York City as a new program participant of 501(c) Agencies Trust.
As a state unemployment insurance (SUI) reimburser, AHRC New York City retains much of the money they could be sending the state in the form of unemployment taxes for their programs and services. 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 and pay their claims as they go. Doing so can save organizations 40 to 60 percent on those unemployment costs.
With a membership comprised of thousands of individuals – primarily persons with intellectual and developmental disabilities, their families, friends and professionals in the field – AHRC New York City is one of the largest nonprofit organizations in New York City. Each year, AHRC New York City touches the lives of over 15,000 individuals with intellectual and developmental disabilities throughout the five boroughs. They offer a wide range of programs, services and supports tailored to meet the specific needs of their members through schools, workshops, day treatment programs and community residences.
501(c) Services, a 100% employee owned organization, has nearly 40 years of experience in providing full-service alternatives to state-run unemployment insurance programs, and provides services to over 1,500 nonprofits nationally. We administer 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. We also operate HR Services – a confidential resource available to help walk employers through difficult personnel issues.
To see if your organization would financially benefit from our services, please complete a Request for Information Form today.
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 state unemployment insurance (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.