SANTA BARBARA, Calif., May 28, 2015 /PRNewswire/ -- Last year, 110 nonprofit organizations from across the U.S. decided to exercise their unemployment tax alternative and instead pay dollar-for-dollar for their own unemployment claims with the assistance of the Unemployment Services Trust (UST).
For the past 32 years, UST has been helping 501(c)(3)s manage their unemployment claims in a safe, efficient manner. Having opted out of the state unemployment tax system, these nonprofits are no longer at risk for subsidizing for-profit companies or state administration costs.
Just last year, UST found $5,437,701 in potential unemployment cost savings for over 325 nonprofits.
"Having surpassed our 2013 enrollment season by 30 organizations is an incredible feat for the team," said Donna Groh, Executive Director. "We've worked diligently to fine-tune our expert HR services and administrative support system so that we can best address the nonprofit community's growing needs.
Representing more than 8,600 full time employees, UST's newly added members now have exclusive access to a variety of resources, ranging from a live HR hotline and job description builder to e-filing capabilities and claims hearing support. By utilizing their dedicated claims representatives, cloud-based HR resources, and auditing services, UST members can refocus their saved time and money on what matters most—achieving mission objectives.
"With more than 2,000 organizations already participating in the Trust, I have no doubt that we can continue to provide our incoming members with the tools and education they need to further advance their missions," said Groh.
If you're a 501(c)(3) with 10+ employees, benchmark your unemployment costs today and get a free 2-Year Savings Projection here.
About UST: Founded by nonprofits, for nonprofits, UST is the largest unemployment trust in the nation, providing nonprofit organizations with 10 or more employees a safe, cost-effective alternative to paying state unemployment taxes. UST has partnered with over 80 state and national nonprofit associations to teach their members about their unemployment insurance options. Visit www.ChooseUST.org to learn more.
SOURCE Unemployment Services Trust