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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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UPDATE: State Unemployment Taxes Since January 2010, when Colorado began borrowing from the Federal Unemployment Account (FUA) to continue paying unemployment benefits to laid-off workers, the state has accumulated $291,459,884.58 in unemployment debt. States that borrow from the FUA are required to pay interest on these loans, and a provision in Colorado state law requires employers to help pay down that debt. These contributions will come in the form of a Special Assessment - a percentage multiplied by gross payroll for the fourth quarter of 2010. Bills will be sent out by the state in July and the amount assessed will be due within 30 days. However, we know that reimbursing employers are exempt from these assessments. Federal law provides 501(c)(3) organizations the unique ability to opt out of the state unemployment tax system and reimburse the state directly only when unemployment claims are filed against their organization. The Unemployment Services Trust (UST) is a grantor trust whose mission is to help other nonprofits save money on their unemployment costs by opting out of the state unemployment tax system and become a reimbursing employer. UST helps 501(c)(3) organizations monitor unemployment claims, set up a reserve account to pay out benefits and provides stop-loss insurance when organizations experience excess claims. To learn more about UST or become a reimbursing employer, please call (888) 249-4788 or visit www.chooseUST.org and fill out a Savings Evaluation Form. 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!
 Nonprofit Spotlight: Women's Bean Project The Women's Bean Project is a nonprofit organization based in Denver, which was created to help at-risk women break the cycle of chronic poverty and unemployment. Since 1989 they have been providing skills training, raising self-confidence, and inspiring hope in place of the demoralizing effects of poverty. At any one time between 18 and 25 women are in training and learning marketable skills for use in the workplace. Women come with the goal of transforming their lives and moving toward self sufficiency. The Women's Bean Project provides women with immediate income, support services to overcome barriers to employment, and teaches job readiness skills needed to get and keep a job. The women learn skills that allow them to govern their own lives, empowering them to create better lives for themselves, provide their families with hope, and contribute to a stronger community. The Women's Bean Project also supports small, local farms, sourcing many of the ingredients for their products from local farmers and vendors. Jossy Eyre founded the Women's Bean Project in 1989 as a result of her volunteer work at a day shelter for homeless women. Eyre saw that while the shelter kept women safe, it could not help them make lasting changes in their lives. Eyre bought $500 worth of beans and put two homeless women to work, which was the first step in building the social enterprise that exists today. Training opportunities have expanded dramatically over the years, and the annual operating budget has grown. In 1995, the organization purchased former Fire Station #10 from the City and County of Denver and moved to their new home at 3201 Curtis Street. Today their product offerings have expanded to salsa mixes, spice rubs, coffee beans, jelly beans, soups and chili, along with gift baskets, baking mixes and much more! Follow the Women's Bean Project at www.womensbeanproject.org.
Are you making the most of the 2011 Webinar Series 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...@...insurancefornonprofits.org 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. Essential Elements of a Fleet Safety Program - September 13, 2011 The use of vehicles in nonprofits is as varied as the services they provide. Whether you manage a fleet of vehicles, oversee a mobile group of individuals or simply employ commuters, implementation of a Motor Fleet Safety Program can greatly reduce the risks faced by your clients, volunteers, employees and their families. This webinar will cover the essential elements of a fleet safety program, developing a written program, and implementing a program at your organization. Properly Establishing Independent Contractor Relationships - September 27, 2011 This webinar will detail the importance of properly classifying workers as either independent contractors or employees, with a discussion of the legal liability for misclassification. We will provide participants with a checklist for determining whether an independent contractor relationship can properly be established, discuss the essential provisions in an independent contractor agreement while reviewing a sample agreement, and provide tips on how to respond to a governmental agency audit reviewing independent contractor designations.
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. |
iNews Articles 2011 
