Lake Houston Area

Lake Houston Area

Insperity Announces Funding Plan to Support Hurricane Harvey Recovery

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September 11, 2017
Insperity Commits $1 million to Launch Lake Houston Area Relief Fund
Insperity Contributes $1 million to The Insperity Fund


HOUSTON – Sept. 11, 2017 – Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, today announced a commitment of up to $2 million to help the local community recover from the widespread devastation caused by Hurricane Harvey. Insperity, in concert with other local organizations, has helped to establish the Lake Houston Area Relief Fund to help families and businesses in the local community rebuild in the aftermath of the storm. The company will match up to $1 million in donations, leading an effort to encourage other businesses and individuals to give generously to the local community at this time of substantial need. In addition, Insperity contributed $1 million to The Insperity Fund, a financial-aid program for the company’s corporate employees.

“Our hearts go out to all those who have suffered during Hurricane Harvey,” said Paul J. Sarvadi, Insperity chairman and chief executive officer. “This catastrophic event has impacted lives and businesses across Southeast Texas, including our own customers and employees, and recovery will take all of us working together. To that end, we are spearheading a call to action through the Lake Houston Area Relief Fund and Insperity matching gifts initiative for other businesses and individuals to donate in an effort to help our area rebuild and allow our community to continue to prosper and grow.”

The Lake Houston Area Relief Fund, facilitated by Humble Area Assistance Ministries (HAAM), a 501(c)(3) public charity, was organized by Insperity, Somebody Cares Humble, Lake Houston Area Chamber of Commerce and other community leaders based on an overwhelming response from citizens and companies to help with recovery efforts.

Residents and businesses in the Lake Houston area, including Atascocita, Fall Creek, Humble, Kingwood and Summerwood are eligible to receive grants if they were directly affected by Hurricane Harvey. Other eligibility requirements include proof of communication with and response from the Federal Emergency Management Association (FEMA) and homeowner/renter insurance companies. Upon approval, grant funding will be sent directly to third-party vendors, such as mortgage and utility companies. For more information about the Lake Houston Area Relief Fund, visit http://lakehoustonarearelieffund.org.

The Lake Houston Area Relief Fund is patterned after Insperity’s successful internal program, The Insperity Fund, an ongoing program, which offers financial aid to corporate employees experiencing a time of crisis. While Insperity provides corporate contributions to this fund, it is primarily sustained by employee donations. However, in the aftermath of Hurricane Harvey, Insperity is bolstering the fund with a $1 million contribution.

“Insperity employees executed our disaster recovery plan in a flawless manner from the preparation prior to the storm and continuing until normal operations were restored,” added Sarvadi. “We are not aware of a single service request from any client that was not met in spite of the severity of the storm in the home of our corporate headquarters. In addition, outbound calls to support and assist our more than 1,200 clients in the affected area were conducted throughout this period.”

Giving back to the communities where Insperity employees live and work has been a cornerstone of the company’s mission since its inception in 1986. With the aftermath of Hurricane Harvey, this spirit of service continues, with financial support and hundreds of paid volunteer hours helping the community recover and begin to rebuild.
About Insperity
Insperity, a trusted advisor to America’s best businesses for more than 31 years, provides an array of human resources and business solutions designed to help improve business performance. Insperity® Business Performance Advisors offer the most comprehensive suite of products and services available in the marketplace. Insperity delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity through its premier Workforce Optimization® solution. Additional company offerings include Human Capital Management, Payroll Services, Time and Attendance, Performance Management, Organizational Planning, Recruiting Services, Employment Screening, Financial Services, Expense Management, Retirement Services and Insurance Services. Insperity business performance solutions support more than 100,000 businesses with over 2 million employees. With 2016 revenues of $2.9 billion, Insperity operates in 61 offices throughout the United States. For more information, visit http://www.insperity.com.
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Contact:
Suzanne Haugen, Public Relations Manager
media@insperity.com, 281-312-3543