First Nonprofit Group

About

How We Can Help Nonprofits can choose to cover their mandatory unemployment costs in one of two ways: Paying the State Unemployment Insurance Tax (SUTA) or through reimbursement financing (self-insurance). This financing method is a legal right available only to nonprofits to opt-out of paying SUTA and reimburse their state unemployment agency dollar-for-dollar for unemployment claims paid only to their former employees. Opting out of SUTA can save nonprofits money but this option does subject organizations to potential risks such as unexpected loss of funding or program closures that can lead to layoffs. First Nonprofit Group provides a variety of both safe and cost-saving solutions to paying SUTA and self-insurance. Who We Serve Today, our unemployment insurance solutions serve more than 1,600 member organizations across the country, representing over 300,000 employees. Our members include 501(c)(3) nonprofits, government entities and Native American tribes.


Additional Information

Contact Name Joe Poretto, Vice President Sales and Marketing - jportetto@firstnonprofit.com

Contact

1 South Wacker Drive Suite 2380
Chicago, IL

60606

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Issue 15