5 Practical Steps to Increase Program Revenue
Without an offensive posture determined to save your organization money, economic insecurities, and managing a challenging workforce can influence organizations to be more reactive, adjusting to the ever-changing rules and guidelines. Now is the time to be proactive, but most organizations don’t have the resources to hire a financial expert to focus on reducing operational costs.
Nonprofits need a partner whose primary focus is to maximize program resources. Below is a list of strategies that we would love to talk more about with you!
Level Funded Health Care
Estimated Savings: 10 - 30% on health care premiums for group plans
Over the last twenty years, employers have been faced with double-digit rate increases on employee healthcare. The only options have been to reduce benefits, pass the extra cost on to the employees, or eliminate the plan completely. Many employers are not willing to accept these options and have decided to purchase an Employer Driven Health Plan.
Most health plans are developed from the top-down by actuaries and underwriters who are out-of-touch with their primary principles, employees.
Why pay a high fixed premium every month assuming every person is using your group health plan? Contact us todayand let us help you maximize your dollars.
Estimated Savings: $500 per enrolled employee per year
Employee Estimated Savings: $1,800 average annual increase on employee paychecks through FICA tax savings
Let us talk with you about a preventative care management program through the Affordable Care Act that utilizes proprietary protocol to deliver improved health, tax savings and value-based benefits to employees without reducing their take home pay. It fills the gaps to supplement in-person clinical and psychosocial care management by guiding employees through their healthcare journey, offering condition specific health and wellness information that’s personalized for each participant.
No reduction in employee take-home pay and is funded 100% through tax savings for the employer - no capital funds to deploy. As a bolt-on to an employer’s existing healthcare program, it does not require any changes to what you already have in place.
Contact us todayto start saving and help employees be heathier and more productive.
Credit Card Processing Fees
Estimated Savings: 15% average savings on processing fees or elimination of fees
In today’s world, electronic payments represent most of a nonprofit’s transactions. Credit card processing fees take away funds you could be used on fulfilling your mission. Reduce credit card processing rates to ZERO %.
The card associations have changed their rules, permitting organizations to recoup the costs associated with credit card transactions. Instantly improve your program funds by approximately 15% and receive 100% of donation proceeds immediately. No term contract required, and all of the activation is handled for you. You will have a single point of contact, or concierge with dedicated PCI compliance team and 24/7 customer support.
Receive a no-cost analysis to see how you can save your organization money by sending us the last two months of your merchant statements. No obligation to move forward. Contact us today.
Estimated Savings: 15-20% average refund
Even the largest and most sophisticated organizations are often not aware they are being overcharged by their utility providers. The complexity and technical nature of the billing process make it almost impossible to determine the accuracy of monthly bills. More than 90% of nonprofits are overcharged. Even small overcharges, when billed month after month, add up to significant refunds.
We will identify errors, overcharges, and cost reduction in the following areas:
We are paid only for results. If we cannot save you money, you owe nothing. Get refunded for past overcharges while also saving on future bills with a risk-free assessment today; contact us today
Business Estimated Savings: up to $26,000 per employee, for organizations that qualify
From government mandates that caused a significant drop in sales, issues that affected normal operations such as an inability to gather. If you have 50 – 499 employees on aggregate, you could potentially qualify for a refund up to $26,000 per employee, in the Employee Retention Credit Program.
Time is running out to apply for this tax credit. If you have been told that you don’t qualify, it is worth a call to explain why you might. Contact us today to review your business situation.