PLATINUM2024

Senior Benefits Foundation

We help seniors make better choices for their Social Security and Medicare coverage.

Mission

Education

Notes from the nonprofit

The Senior Benefits Foundation educates seniors on making better choices for the Medicare and Social Security programs. We educate them using simple printed materials, online webinars, online video classes, as well as in-person meetings via Zoom call. We use simple language and provide all of our services for free. There is never a charge for any of our classes or materials.

Ruling year info

2016

Principal Officer

Mr. Randall John Putala

Main address

305 Donelson Pike Ste B

Nashville, TN 37214 USA

Show more contact info

EIN

81-3465847

NTEE code info

Educational Services and Schools - Other (B90)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The Senior Benefits Foundation provides complimentary educational materials, webinars, seminars and online training classes for people age 60 - 65. We help seniors understand these often complex government programs through simple, easy-to-understand programs that helps them maximize their retirement income.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Complimentary Medicare & Social Security Class

People age 60+ often find it difficult to understand the full range of choices available to them through the critical retirement programs of Medicare and Social Security. At our website www.seniorbenefitsfoundation.org, guests can watch our multi-part video training classes. No registration is required, and guests can watch the videos as many times as they want at no cost, and remain completely anonymous. By breaking these courses down into individual chapters, we have made it easy for seniors on the go to receive their training on their cell phones. It's a very handy, very convenient way to learn.

Population(s) Served
Older adults
Seniors

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of periodicals distributed

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

We produce a physical printed guide to Social Security and Medicare. This guide is distributed directly to program participants either as a 40-page printed color catalog, or as a 40-page PDF.

Number of clients participating in educational programs

This metric is no longer tracked.
Totals By Year
Population(s) Served

Widows and widowers, Economically disadvantaged people, Retired people, Self-employed people, Veterans

Type of Metric

Context - describing the issue we work on

Direction of Success

Increasing

Context Notes

We now hold our educational sessions online either as a one-on-one web presentation, a group webinar, or as an in-person seminar. Most of our contact is through Zoom calls.

Average number of service recipients per month

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

We mail out notification letters to people age 60 to 65, as a monthly printed direct mail letter campaign. These mailings are sponsored by licensed insurance agents who wish to help seniors.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

We seek to inform seniors of the true facts of the Social Security and Medicare programs, so they can maximize their income during retirement. There are many con artists out there attempting to sell Medicare programs that often provide very limited coverage to the seniors. We help the seniors avoid scams by learning ALL of their options before locking in their decisions.

We have a team of highly-trained volunteer insurance agents who work one-on-one with the seniors, at no cost to the participating senior at all. The senior receives custom reports and information that highlight the pros and cons of each category of decisions they could make. By the time the seniors finish participating in our classes, reading our guidebook, participating in our thorough online webinars, seminars and training courses, they will be highly educated in their choices. This will help them avoid the scammers and falling for a bad deal that could hurt their finances later in life.

We have just completed an online Medicare and Social Security training class on our website. It gives simple answers and explanations to these often-confusing government programs.

We currently operate in 4 states, and our goal is to expand over time into all 50 states.

We use Artificial Intelligence to provide interactive Chat messaging, in which a senior can ask highly specific questions about these programs. We take the full wording of the questions and answers from the websites of both Medicare.gov and SSA.gov. We then provide a laymen's interpretation of the meaning of these answers, and provide them in what we call "human speak" so the seniors can better understand the concepts.

We have been providing educational materials to seniors since 2016. We are increasing our service levels significantly in 2024, using Artificial Intelligence to create videos that are both entertaining and informative. We KEEP THINGS INTERESTING so the seniors don't click away or nod off, but rather become engaged in the process of learning the details of these programs and seek to find out more.

Since 2016 we have helped literally 10s of thousands of seniors gain a better understanding of the Social Security and Medicare programs. We DO NOT TELEMARKET, and we DO NOT SPAM people. We send out direct mail letters to highly-qualified / highly-targeted seniors at key points in their retirement planning.

We have created an annually-updated 40-page guide on these government programs, and we distribute this guide for free to any and all seniors who request it. The guide is sent for free through email as a PDF, or the interested party can simply cover postage expenses or pick it up for free at our offices in Nashville, TN.

We are currently creating a very sophisticated website to directly link interested seniors with a trained and certified insurance specialist in their area. The services of this specialist are free to the customer, and there is no obligation to use the agent's professional services or buy anything at any time.

Financials

Senior Benefits Foundation
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
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Senior Benefits Foundation

Board of directors
as of 06/11/2024
SOURCE: Self-reported by organization
Board chair

Victor Putala

Veronica Anna Putala

Secretary

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 6/11/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.