A Passion for Nonprofits
World Insurance Associates' Nonprofit Division has a passion for nonprofits that knows no bounds. Each practice staff member has a minimum of 30 years experience in the industry and serve as Strategic Partners to their clients.
World Insurance recently participated in the ACCSES New Jersey Star Conference in Atlantic City to raise awareness of The Nonprofit Trust. The Nonprofit Trust allows Members to cut their SUI Tax in half on an annual basis so those dollars can be put to better use for their clients.
Featured Client: Hudson Community Enterprises
Hudson Community Enterprises, located in Jersey City, is one of the largest nonprofits of it's kind in New Jersey. HCE has been helping their clients with disabilities find employment for more than 50 years and helps approximately 400 clients every year.
Tom Masnaghetti, COO of Hudson Community Enterprises, said of World Insurance Associates, "We have been a client of Scott's for more than a decade and would never entertain the notion of parting ways with World Insurance. Linda Johnson, our Account Executive, and Scott have become not just our Insurance Advisors, but our Strategic Partners on non-insurance related issues as well. Their proactive approach and uncanny due diligence on any issue, large or small, has become an invaluable resource to us."
Featured Coverage: The Nonprofit Trust
The Nonprofit Trust is a member-owned alternative to paying state unemployment taxes. Organizations who join the Nonprofit Trust save 75% of what they have been paying in the State Unemployment Insurance Tax Program in the first year, and 30%-50% in each subsequent year.
Some examples of recent accounts that joined the Nonprofit Trust and their estimated first year savings:
- Hudson Community Enterprises (400 employees) - $175,392
- Mental Health Center (174 employees) - $62,844
- Community Health Center (53 employees) - $15,283
- Average 1st Year Savings - $84,506
World Insurance Associates LLC has partnered with the Nonprofit Trust to bring this alternative to their clients. Give us a call today for more information.
To learn more, call Scott Strenger, Executive Director and Nonprofit Practice Leader, today at 609-827-2654 or email firstname.lastname@example.org.