FNP Programs

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FNP Programs

Bonded Service Program

A Risk-Free, Fixed-Cost Service

With first and last dollar coverage, the Bonded Service Program takes the guesswork and the risk out of reimbursing the State for unemployment claims, while allowing you to save thousands of dollars when compared to paying the state unemployment insurance (SUI) tax.

How does it work?

  • Our Bonded Service Program is specifically designed for your organization.
    Annual fees are based exclusively on your unemployment experience and employment profile. There are no shared risks or expenses.
  • Improve cash flow by making four equal, fixed quarterly payments to your reserve account.
    While most SUI tax payments are made during the first and second quarters of the calendar year, our program members make four equal quarterly payments.
  • The Bonded Services Program assumes all unemployment claim liability.
    First Nonprofit reimburses the state directly for any and all unemployment benefits paid to your former employees attributable to the coverage term. Our performance is insured by AmTrust Financial Services.
  • The Bonded Service Program provides professional unemployment claims administration and cost control at no additional cost.
    Receive services from unemployment insurance professionals familiar with your state’s laws and statutory requirements to assist you with claims validation, representation at all unemployment appeal hearings, audit of benefit charges, and more.

Why choose First Nonprofit?

We have been providing first and last dollar coverage for over 30 years, have experienced the ups and downs of all possible labor markets, and continue to set the standard for SUI programs. In addition, we don’t just give you access to one claims service company; we give you options. With several claims service partners across the country, choose the one that is the best fit for your organization.

Ready to chat? Get in touch today to request a no-obligation savings evaluation.

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Testimonials

First Nonprofit has been a great partner. They have helped us saved hundreds of thousands of dollars! They have awesome resources for our nonprofit organization. Thanks for the partnership.

Community Care Inc., Milwaukee, WI

First Nonprofit has saved us so much money over the state’s program. We had one little glitch with the state recently and we contacted FNP immediately. FNP staff called us back immediately and moved to remedy the problem.

WI Council of Religious & Independent Schools (WCRIS), Madison, WI

Luckily for us, our interactions regarding any issues with staffing has been very minimal! I can say that all other interactions with regards to billing, 941 reporting, etc. have been extremely pleasant, accommodating and easy to work with. Kim Ghanayem is always prompt, professional and friendly. Thank you so much!

Neurologic Music Therapy Services of Arizona, Phoenix, AZ

First Nonprofit has been easy to work with and makes the administrative process easier and smoother. We enjoy working with you.

Visually Impaired Preschool Services, Louisville, KY

I have worked with the First Non-Profit Team for many years, and I appreciate the quick response and care that Cecilia and the team provides anytime I have questions. While there are other providers that may provide like services, First Nonprofit will always be my first choice! I appreciate you!

Innovative Services, Inc., Green Bay, WI

I would like to comment on my experience with FNP….to date our District has saved $1,000’s of dollars by being enrolled in the First Nonprofit program. My only regret is that we did not know about this method of paying unemployment tax years ago….as I had figured about five years

ago, had we enrolled 15-20 years ago, we could have saved our small school district upwards of $500,000 in payments to IDES. Also we would have had a pretty hefty sum of money in our Reserve Account. Thankfully I attended a workshop hosted by First Nonprofit back in 2015 which got the ball rolling!

Beardstown Community Unit School District 15, Beardstown, IL

My experience with the FNP has been fantastic. The idea of setting funds aside for the unemployment tax liability is a bedrock for nonprofit organizations like mine, namely ASHBA; what is even more advantageous is having the FNP as a custodian of those funds. 100% recommended!

American Saddlebred Horse & Breeders Association, Inc., Lexington, KY

First Nonprofit smoothed the unemployment perils for our organization during Covid. Without the ability to cap our UI exposure, we would not have been able to weather the storm. The program worked perfectly and we have come out of the pandemic ready to forge on. Thanks FNP!

Jewish Silicon Valley, Los Gatos, CA