The Nonprofit Trust is a member owned, secure, cost effective (40-50% savings every year on average) high quality alternative to paying State Unemployment Insurance (SUI) Taxes exclusively for 501 (c)(3) nonprofit organizations. Since 1972, nonprofits have had the option to redirect funding dollars from highly ineffective State Unemployment Insurance Tax Systems back into programs and services that they provide to the community.

The average increase in unemployment taxes in 2010 was 27.5% nationally. State Unemployment Trust funds continue to be depleted (31 States owe over $33 Billion dollars to the Federal Government and it is expected that 40 States will owe over $90 Billion by 2012) which will continue to increase the cost of paying SUI Taxes. Now more than ever is the time to explore the option presented by The Nonprofit Trust.

It is projected that more than 40 States will be insolvent by the year 2011. The U.S. Map below depicts the status of state trust fund solvency as of February 2010.

LIGHT BLUE states into those that were borrowing as of the end of February 2010 (including the Virgin Islands)

YELLOW states are those with positive balances of less than six months of benefits in the state trust fund

DARK BLUE states are those with more than six months of benefits in the state trust fund (including Puerto Rico)

Source: US Department of Labor charts in most recent UI data quarterly summary as of February 2010.