Unemployment Services Trust (UST)
Business Name (DBA): Unemployment Services Trust (UST)
Business Address:                PO Box 22657, Santa Barbara, California 93121
Business Phone:                    888-249-4788 1156
Email Address:                      info@chooseUST.org
Website:                                 www.chooseUST.org
Contact:                                  Bill Downey

Categories of service:

Consultants
Employee Benefits
Human Resources
Insurance
Nonprofit Resources
Risk Management

Description of services:

The Unemployment Services Trust (UST) helps 501(c)(3) organizations save thousands of dollars annually on unemployment costs.

Did you know that by Federal law, 501(c)(3)s can opt out of the State Unemployment tax system and only pay for their own unemployment claims?  The Unemployment Services Trust (UST) helps make this a safe and beneficial choice—preserving cash flow by building a reserve and monitoring all claims for inaccuracies. If you are a 501(c)(3) with 10 or more employees, you'll want to consider joining UST for a few reasons:

1. You eliminate a tax and turn it into a working asset for the organization.

2. The money you contribute to your reserve is yours, earning investment income, and portable if you leave.

3. For every $2.00 paid into the State UI system only an average of $1.00 goes to covering claims; the rest is allocated to administration costs. For every $1.10 paid into UST, $1.00 goes to covering claims.

4. Having a claims monitor to review every claim and work with your staff assists in keeping costs low and helps disqualify those claims you shouldn’t pay.

5. If you have an unexpected spike in claims, UST has stop-loss protection so you avoid cash flow risk.

6. Agencies are exempt from the surcharges levied by states on state UI payers.

7. UST offers online learning and administrative support for HR Staff.

8. Equal quarterly contributions simplify annual budgeting.

9. You’ll receive cash refunds if you’ve had a favorable claims history.

10. You can feel safe in knowing that you’ve joined the #1 unemployment trust along with thousands of other nonprofits.

Background on you and/or your business:

The Unemployment Services Trust is a not-for-profit trust that was founded nearly 30 years ago to help other nonprofits save on unemployment costs. UST's mission statement is "saving money for nonprofit organizations in order to advance their missions," which is why UST accepts members only when we know we can help them reduce their state unemployment tax and save on claims. Our experts can analyze your individual situation to see what's best for your organization. And as the largest unemployment trust in the nation, UST members can know they're in good hands.

Testimonials and/or references:

"We joined Unemployment Services Trust about 10 years ago because we compared the state tax rate to UST's rate. We have stayed with the Trust ever since and have continued to save. Overall, we have saved a total of $103,253." - North Homes, Inc.

“Through our own cost-analysis, we have determined that UST is the preferred option for saving on unemployment costs. Since joining UST in 1996, we have experienced $129,077 in total savings. That's an average of $12,908 in savings each year.” – Crider Health Center, Inc.

"The level of service I receive from my claims representatives is outstanding. They are knowledgeable about our claims; they give me clear, accurate information and are responsive, efficient and consistent in their efforts on the YWCA's behalf. I know I can rely on them to keep our claims charges in line." - YWCA of Minneapolis

Names of and/or links to your books, articles or blogs:

Watch a short 3-minute overview video at: http://www.chooseust.org/movie.html
View a half-hour webinar to find out whether joining is right for you at: http://vimeo.com/14398060
Read a press release entitled "Nonprofits Should Take Note of State Unemployment Fund Issues" at: http://www.prweb.com/releases/2010/10/prweb4710064.htm
Request a Savings Quote now at: http://www.chooseust.org/USTMainProduct.aspx?get=quote

Service area by country, state or zip code:

United States



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