Today, we at 501(c) Agencies Trust announce the addition of Shasta Family YMCA as a new program participant.
501(c) Agencies Trust is a group of 1,500 nonprofits, including more than 200 Ys from across the country, 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.
A group of dedicated community members who believed in the importance of offering opportunities for youth and families in our community brought the spirit and philosophy of the YMCA to Shasta County more than 80 years ago. Starting in 1930, the Mountain District YMCA, based out of Sacramento, organized high school boys and girls into club groups with the help of a traveling secretary. In 1945, the year Shasta Dam was completed; W.D. Simmons led a Redding YMCA Committee working to bring the YMCA permanently to the area. Thanks to the committee’s work, the Shasta District YMCA was chartered July 17, 1946.
Since that time, the Y has been a product of its community – supported and led by locals who believed in its mission and values, hanging on through good times and hard, and ultimately growing strong and vibrant as the north state itself developed and Redding grew into a city of nearly 100,00 people.
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,
- 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.