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 Why we changed our name in 2012! |
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Colorado Nonprofit Insurance Agency is a wholly owned Subsidiary of Colorado Nonprofit Association |
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State Unemployment Taxes Rising On average, U.S. employers saw a 33% increase in unemployment taxes last year and will see another 16% increase in 2011. States have borrowed more than $48 billion to cover unemployment benefits - a cost that will be passed along to employers in the state unemployment tax system. As a 501(c)(3), you can avoid these tax increases, as nonprofits have the exclusive right by federal law to opt out of the State Unemployment Tax (SUTA) system and only pay dollar-for-dollar when they have an unemployment claim. Although this law has been in place since 1972, never before has it been more imperative for nonprofits to exercise this option. However, monitoring and protesting claims as they occur can be time consuming and may jeopardize assets if you don't have a reserve to pay claims. A Colorado Nonprofit Insurance Agency and Colorado Nonprofit Association member benefit, the Unemployment Services Trust (UST) was formed by a group of nonprofits to help other nonprofits safely leave the state unemployment tax system. UST helps you build a reserve account to pay claims and protect cash flow. In addition, UST's expert claims representatives continually monitor claims for you and assist with court hearings, so you don't pay for unwarranted claims. Last year alone, this saved UST members $38.5 million by reducing inaccurate claims and state errors. Nonprofits can opt out of their state tax system annually by giving notice to the state no later than November 30 (few state deadlines differ). On average, members who joined UST for 2011 saw an immediate savings of $99.74 per employee. To learn more about UST, contact them at (888) 249-4788 or visit www.ChooseUST.org to request a savings evaluation. We believe that this is an option all nonprofits with 10 or more employees should consider as they look to reduce costs and increase funding for their mission. The staff at Colorado Nonprofit Insurance Agency has many years of experience helping organizations to determine the appropriate coverage. Give us a call if you would like to talk with us about our insurance programs. Let us address one of your questions!
Are you making the most of the 2011 Webinar Series sponsored by Nonprofits Insurance Alliance Group? These 60-90 minute, live sessions are both inexpensive and convenient. The discounted session cost is just $25 per login for member-insureds, which makes them ideal for in-service training on risk-management skills, or for polishing and orienting senior management and board members to individual aspects of managing risks in nonprofit organizations. The interactive format permits questions from the participants and responses from the expert(s). All sessions are scheduled for a Tuesday and start at 11:00am Pacific Time (2:00pm Eastern Time). Registration links for each session will be posted on ANI's website approximately 30 days in advance of the webinar date. If you have any questions or need additional information on these webinar series, send an email to losscontrol-at-insurancefornonprofits-dot-org Business Planning for Nonprofits - June 7, 2011 While funders, donors and other constituents are demanding business plans, many organizational leaders are asking, "What does that mean?" This interactive workshop features an overview of business plans. Participants will learn the goals of business planning including the differences with strategic planning, how to determine if you organization is ready for a plan and possible challenges they may face. We'll also cover the process for creating a plan, whom to involve, how to customize a plan for your organization and the sections and language of a business plan. Participants will receive a guide complete with tools to help them develop and monitor their business plan. Improving Your New Hire Interviewing Skills - June 14, 2011 How do you know if you are getting the right applicants for your job opening and ultimately hiring the right employee? In this webinar, you will be exposed to interview techniques that will enable your recruitment process to be more productive, focused and successful. We will step through the entire process including understanding your role as an interviewer, how to plan an interview, reviewing resumes, writing clear job descriptions, pacing the interview, tips for conducting legal interviews, ways to more clearly and accurately assess a candidates past job performance and how that can predict their future success in your organization. Leave Laws - July 12, 2011 Just when you thought you had mastered how state and federal leave laws fit together, the federal laws changed. We will be discussing the full menu of leave laws, state leave laws, the revised FMLA Regulations (effective January 16, 2009), and revisions to the Americans with Disabilities Act (ADA). The webinar will focus on changes to the FMLA Regulations which incorporated a new family military requirement. ANI/NIAC Member Services [FREE SESSION] - August 10, 2011 Are you taking advantage of all the FREE RESOURCES available to you as a member of ANI or NIAC? With budgets being cut and funding down, we want to help you. Spend one hour attending this webinar and find ways to save your organization money. Learn about all of the great trainings and services that are available to you as a member-insured. Finance for Executive Directors - August 16, 2011 Everyone knows that finance is a big part of the Executive Director's job, but how do you know if you are succeeding? If you would like to gain confidence in your abilities to oversee your agency's finances as well as supervise your finance staff, this workshop might be exactly what you need. We will cover topics such as assessing your financial condition, setting realistic financial goals and monitoring financial progress.
Join us at the Northern Colorado Resource Fair! When: June 3, 2011 from 10am until 4pm Colorado Nonprofit Insurance Agency and Colorado Nonprofit Association are proud to be title sponsors of the 2011 Annual Northern Colorado Resource Fair in Loveland, Colorado. Organized and hosted by CAN and My New Wings, the event is designed to connect businesses and organizations that offer a service, product, program or fund raising opportunity to the northern Colorado nonprofit community. For more information or to register for the event, visit www.nocoresourcefair.com.
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iNews Articles 2011 
