Today, we at 501(c) Agencies Trust announce the addition of L.E. Phillips-Career Development Center, located in Wisconsin, as a new program participant.
501(c) Agencies Trust is a group of 1,500 nonprofits that have elected to not participate in the state unemployment tax system. Instead, we have chosen to become employers who reimburse the state for our unemployment costs. 501(c) Agencies Trust began in 1982 and collectively we save more than $20 million annually.
L.E. Phillips-Career Development Center’s mission is to be a viable business enterprise as a means to provide meaningful and appropriate vocational services and employment opportunities for individuals with disabilities or disadvantages.
Federal law allows 501(c)(3)s to stop paying their unemployment taxes and to self-fund their own programs. Doing so can save organizations 40 to 60 percent on those unemployment insurance costs. At 501(c) Agencies Trust, we help organizations
- manage their unemployment expenses (including the ability to insure some or all of those expenses),
- provide their separated employees with reemployment services,
- offer employers a certified educational series,
- and provide additional HR Services including unlimited access to a staffed hotline.
501(c) Agencies Trust consists of both large national agencies such as Boys and Girls Clubs, Y-USA, Feeding America and United Cerebral Palsy as well as smaller stand-alone organizations.