Today, we at 501(c) Agencies Trust announce the addition of Turning Point of Central California 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.
Turning Point of Central California was founded in 1970. The mission of Turning Point of Central California is to provide public benefit through helping people develop skills, motivation, and resources to become productive members of society; healthy in body, mind, and spirit.
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.