Q: Why choose Nonprofit Resources for our organization’s insurance coverage?
A: Our agency is devoted exclusively to serving the nonprofit community and members of the Colorado Nonprofit Association. Selling insurance to nonprofits is ALL WE DO.

Q: Who is Colorado Nonprofit Association?
A: They are a statewide membership organization for nonprofits with a 501(c)3 designation. Through training, support, lobbying and leadership they help their members become more efficient and effective by fostering an environment that supports nonprofits and recognizes the benefits nonprofits provide to our communities. Colorado Nonprofit Association raises awareness about the important role nonprofits play in improving our state.

Q: Who is eligible to purchase insurance from Nonprofit Resources?
A: One of the greatest benefits of membership to the Colorado Nonprofit Association is that you are eligible to purchase your insurance products from Nonprofit Resources. Membership to the Association is required.

Q: How long has Nonprofit Resources been meeting nonprofit insurance needs?
A: Nonprofit Resources, Inc. was established in 1989 as a benefit to Colorado Nonprofit Association members., incorporated within the State of Colorado and known as CANPO Administrative Services, Inc. (CANPO ASI) In September of 2005 the name was changed to Nonprofit Resources, Inc.

Q: How is Nonprofit Resources governed?
A: A seven member volunteer Board of Directors, appointed by the Colorado Nonprofit Association, governs the agency. The board members are all active in the Colorado nonprofit and business communities.

Q: Does Nonprofit Resources make a profit?
A: The agency is structured as a for-profit company and is licensed as a full-service insurance agency. Nonprofit Resources does collect revenue from insurance carriers. As Nonprofit Resources is a wholly owned subsidiary of the Association, the net revenues of Nonprofit Resources are used to support the work of Colorado Nonprofit Association.

Q: Does Nonprofit Resources offer any “exclusive” insurance programs?
A: We have an exclusive arrangement with the Alliance of Nonprofits for Insurance (ANI-RRG), a risk retention group, and are the ONLY agent licensed to carry their insurance products in the state of Colorado. ANI-RRG writes General Liability, Property, Volunteer Accident, Improper Sexual Conduct and Social Service Professional coverage. And, while not exclusive, our agency has access to other insurance markets that cater to nonprofit insurance risks.

Q: What insurance programs can Nonprofit Resources offer my organization?
A: We are a full-service insurance agency offering a wide range of products for your nonprofit organization including liability, property, Workers’ Compensation and employee benefits.

Q: How do we shop for insurance?
A: Members of Colorado Nonprofit Association are eligible for a free, no-obligation quote. Contact Nonprofit Resources to tell us about the mission of your organization. We will ask you to complete insurance applications giving us the information necessary to get a quote. Our insurance consultants are experts in nonprofit insurance and will help you determine the appropriate coverage for your unique organization.

Q: What types of insurance must nonprofits legally have in Colorado?
A: All nonprofits that hire employees (including part-time) must purchase workers’ compensation coverage. Our agency can obtain a workers’ compensation policy for you. Unemployment compensation insurance is not required, but if your organization does not purchase the insurance from the state of Colorado, you become a direct reimburser, meaning that claims filed will be paid by the State and those moneys must be reimbursed to them. If you have more than 20 employees we would suggest an Unemployment Trust as an alternative to paying the state directly.  This type of trust is available through Nonprofit Resources