501(c) Agencies Trust announced today the addition of YWCA of the Greater Capital Region as a new program participant.
501(c) Agencies Trust helps nonprofits across the country leave their state unemployment tax system and become employers who reimburse the state for their unemployment costs.
YWCA of the Greater Capital Region’s (YWCA-GCR) mission, like all YWCAs, is dedicated to eliminating racism, empowering women and promoting peace, justice, freedom and dignity for all. Women come to YWCA-GCR in times of crisis, for safe and affordable housing, help with basic needs, such as food and clothing, victim advocacy, help with addiction, job training and career counseling, and case management.
By working with 501(c) Agencies Trust, YWCA-GCR is taking advantage of their option to leave the New York unemployment insurance tax system. Federal law allows them and other 501(c)(3)s like them to stop paying their unemployment taxes and to self fund their own program. Doing so can save organizations 40 to 60 percent on those unemployment insurance cost. 501(c) Agencies Trust helps organizations manage these services and any future unemployment claims.
YWCA-GCR joins nearly 1,500 nonprofits nationwide as plan participants who collectively save millions of dollars annually on unemployment costs by leaving the state unemployment tax system to become reimbursing employers.
“YWCA-GCR helps insure that women in New York have hope and help in times of crisis,” said John Huckstadt, Founder of 501(c) Agencies Trust. “Through their partnership with in 501(c) Agencies Trust, we believe they will have more budget dollars to invest into their very important mission.”
501(c) Agencies Trust works closely with both large national organizations such as Boys and Girls Clubs, Y-USA, Feeding America and United Cerebral Palsy as well as smaller stand-alone nonprofits. Nonprofit services center around a program designed to save organizations money by helping them control unemployment costs while being supported by a team of experts with decades of experience.
Visit www.501cTrust.org and complete a free analysis to see if our program is right for your organization.