Today, we welcome Good Shepherd Services as a new program participant of 501(c) Agencies Trust.
Good Shepherd Services 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 choose 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.
Good Shepherd Services goes where children, youth, and families face the greatest challenges and provides resources that build on their inherent strengths to help them thrive. They operate over 80 programs, which help nearly 30,000 youth and family members in struggling neighborhoods throughout New York City. All of their programs are united by a common goal—to create opportunities that help their participants succeed at school, at home, and in their community.
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.
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.