Organizational Standard 4.6 requires an organization-wide, comprehensive risk assessment to be done every two years and reported to the governing board. Watch this webinar to learn about meeting this standard, as well as risk management tools, resources, and promising practices to move beyond compliance.
Nonprofits typically have fewer unemployment claims than the private sector; therefore, they often subsidize the state unemployment fund by paying more than necessary. Federal and state laws allow 501(c)(3) organizations to reimburse the state unemployment fund, rather than pay the SUI tax in advance of having actual claims. FNP’s unemployment programs may well reduce your unemployment costs if you currently participate in the state tax system and can provide you with a safety net if you have already chosen the reimbursable option.
Participation in FNP programs provides:
•Fixed annual cost for budgetary certainty
•Multiple options for different coverage levels specific to CAP agency needs
•Knowledgeable team of unemployment specialists to handle all your UI needs
•Expert claims representation for unemployment hearings and audits
•Access to training and services that can decrease the number of invalid unemployment claims
•No pooling or shared risk
We encourage you to watch this informative webinar. A quote from FNP is free with no obligation to join their program, so you have nothing to lose! As an added bonus, Community Action Agencies receive a 20% discount on the one-time enrollment fee.
This website is a resource for the Community Action Network to access an array of information and assistance designed to support efforts in serving low income families and addressing the causes of poverty in local communities.
The Risk Management Portal was created for the Community Action Network by the Partnership and the Nonprofit Risk Management Center (NRMC) and updated in January 2018. This will be your entry page to the customized risk management tool designed specifically for CSBG eligible entities, as well as other tools and benefits, such as the ability to draft custom risk policies. The tool may be accessed directly free of charge.
This toolkit is designed to be a quick reference guide for the foundational elements of risk assessment. It is based on IM-112 which outlines standards to be used in risk assessment. These standards frame the discussion and are the basis of the ACF/OCS perspective of the subject
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