2024-09-09T15:05:12-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 1785 INDIAN WOOD CIRCLE MAUMEE OH 43537 990 2023-04-05 923340798 GREENPATH INNOVATION DESIGN GREE 2485535400 36500 CORPORATE DRIVE FARMINGTON HILLS MI 48331 MICHAEL SHINKONIS CHIEF FINANCIAL OFFICER 2485535400 2024-09-06 1 1 DOUGLAS S SOSKO P01009253 4197942000 2024-08-27 2023 2024-08-08 14:25:15Z X KRISTEN HOLT 36500 CORPORATE DRIVE FARMINGTON HILLS MI 48331 1201821 0 X WWW.GREENPATH.COM/GPID X 2023 MI TO BUILD INNOVATIVE PRODUCTS & SERVICES TO IMPROVE AN INDIVIDUAL'S SOCIAL AND FINANCIAL WELL-BEING 5 5 0 5 0 0 1201821 0 0 0 1201821 0 0 1081723 0 34400 120098 1201821 0 244805 244805 0 X GREENPATH INNOVATION DESIGN WAS ORGANIZED TO ENGAGE IN RESEARCH, ANALYSIS, AND TESTING THAT WILL LEAD TO BUILDING INNOVATIVE, HUMAN-CENTERED PRODUCTS AND SERVICES TO BENEFIT INDIVIDUALS IN IMPROVING THEIR SOCIAL AND FINANCIAL WELL-BEING. OUR FOCUS WILL BE ON MEETING THE NEEDS OF DIVERSE, UNDERSERVED POPULATIONS AND THE NONPROFIT ORGANIZATIONS THAT SERVE THEM. 0 0 1021821 0 0 PRODUCT DEVELOPMENT - GREENPATH INNOVATION DESIGN IS FOCUSED ON RESEARCH, ANALYSIS AND TESTING THAT LEADS TO NEW PRODUCTS AND SERVICES FOCUSED ON IMPROVING THE FINANCIAL AND SOCIAL WELL BEING OF UNDERSERVED COMMUNITIES. OUR CURRENT PRIORITIES ARE FOCUSED ON IMPROVING FINANCIAL RESILIENCY AROUND BUILDING SAVINGS, TRANSITIONING PEOPLE FROM DEBT PAYOFF STRATEGIES TO LONGER TERM WEALTH CREATION, AND SUPPORTING PEOPLE IN NAVIGATING TRUSTED FINANCIAL SYSTEMS TO IMPROVE CREDIT. 1021821 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X MICHAEL SHINKONIS 2485535400 36500 CORPORATE DRIVE FARMINGTON HILLS MI 48331 JANE SYDLOWSKI CHAIR 1.00 1.00 X X 0 0 0 CAREY PACHLA VICE CHAIR 1.00 1.00 X X 0 0 0 MAY RUSSELL TREASURER 1.00 0.00 X X 0 0 0 LUISA SCHUMACHER SECRETARY 1.00 0.00 X X 0 0 0 MICHELLE GREENE DIRECTOR 1.00 1.00 X 0 0 0 KRISTEN HOLT PRESIDENT & CEO 8.00 32.00 X 0 506998 29468 RICHARD T HOLLIS CHIEF FINANCIAL OFFICER 3.00 37.00 X 0 284124 28779 RICHARD BIALOBRZESKI CHIEF BUSINESS DEVELOPMENT OFFICER 8.00 32.00 X 0 281526 28466 MICHAEL SHINKONIS DIRECTOR OF FINANCE AND ACCOUNTING 1.00 39.00 X 0 178452 23368 BRADLEY O'BRIEN DIRECTOR OF LEARNING AND INNOVATION 40.00 0.00 X 0 135719 24270 0 1386819 134351 0 0 1 0 0 80000 1121821 1201821 1201821 0 0 0 948637 768637 145600 34400 28124 28124 53397 53397 51565 51565 7309 7309 40667 40667 592 592 61295 61295 6140 6140 4095 4095 1201821 1021821 145600 34400 140831 103974 0 244805 244805 0 244805 X 0 0 0 0 0 244805 0 0 X 0 1 X 1 1 1 X 1201821 1201821 1201821 1201821 0 0 0 1201821 1201821 1201821 X PART III, SHORT YEAR EXPLANATION: THE EFFECTIVE DATE OF THE IRS DETERMINIATION LETTER FOR GPID IS APRIL 5, 2023. THE INITIAL YEAR OF 2023 WILL BE A SHORT YEAR REPORTING ACTIVITY FROM APRIL 5, 2023 THROUGH THE END OF THE YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. THE ORGANIZATION DETERMINED IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS. 0 0 0 0 0 0 0 0 0 KRISTEN HOLT PRESIDENT & CEO 0 397434 0 100000 0 9564 0 15500 0 13968 0 536466 0 0 RICHARD T HOLLIS CHIEF FINANCIAL OFFICER 0 232753 0 51246 0 125 0 14321 0 14458 0 312903 0 0 RICHARD BIALOBRZESKI CHIEF BUSINESS DEVELOPMENT OFFICER 0 221306 0 51700 0 8520 0 14453 0 14013 0 309992 0 0 MICHAEL SHINKONIS DIRECTOR OF FINANCE AND ACCOUNTING 0 162220 0 16232 0 0 0 9355 0 14013 0 201820 0 0 BRADLEY O'BRIEN DIRECTOR OF LEARNING AND INNOVATION 0 118027 0 17692 0 0 0 6976 0 17294 0 159989 0 0 PART I, LINE 3 THE BOARD RELIES ON AN INDEPENDENT, THIRD PARTY COMPENSATION CONSULTANT TO COLLECT COMPARABILITY DATA, ASSESS MARKET TRENDS AND MAKE RECOMMENDATIONS ON THE CEO'S COMPENSATION PACKAGE. THE SAMPLE OF COMPARABLE ORGANIZATIONS IS COMPOSED OF ORGANIZATIONS FROM WHICH GREENPATH, INC. MIGHT RECRUIT A FUTURE CEO OR WHICH MIGHT HAVE AN INTEREST IN TRYING TO RECRUIT GREENPATH, INC.'S CEO AND WHICH ADDITIONALLY ARE LOCATED IN LABOR MARKETS WHERE GREENPATH INC HAS SIGNIFICANT PRESENCE. SPECIFIC DEGREE OF COMPARABILITY IS BASED ON A) GROSS RECEIPTS AND B) TOTAL ASSETS. THE BOARD APPROVAL OF THE PRESIDENT / CEO'S COMPENSATION IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF GREENPATH INNOVATION DESIGN IS GREENPATH, INC. FORM 990, PART VI, SECTION A, LINE 7A GREENPATH INNOVATION DESIGN (GPID) IS A SOLE MEMBER STRUCTURE, WHERE THE SOLE MEMBER OF GPID IS INVOLVED IN SIGNIFICANT GOVERNANCE AND FINANCIAL DECISIONS INCLUDING THE FINAL AUTHORITY OVER THE COMPOSITION OF THE BOARD OF DIRECTORS OF GPID. FORM 990, PART VI, SECTION A, LINE 7B GREENPATH INNOVATION DESIGN (GPID) IS A SOLE MEMBER STRUCTURE, WHERE THE SOLE MEMBER OF GPID IS INVOLVED IN SIGNIFICANT GOVERNANCE AND FINANCIAL DECISIONS INCLUDING THE FINAL AUTHORITY OVER THE COMPOSITION OF THE BOARD OF DIRECTORS OF GPID. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT E-MAILS A DRAFT COPY TO ALL BOARD OF DIRECTOR MEMBERS, AND FEEDBACK IS SOUGHT FROM THE BOARD OF DIRECTOR MEMBERS PRIOR TO FILING THE 990 RETURN. FORM 990, PART VI, SECTION B, LINE 12C GREENPATH INNOVATION DESIGN REQUIRES OFFICERS, DIRECTORS AND KEY EMPLOYEES TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. THIS FORM ASKS FOR ANY MATERIAL INTERESTS OR AFFILIATION WHICH ARE, OR ARE LIKELY TO BECOME, CONFLICTS OF INTEREST. POTENTIAL CONFLICT CIRCUMSTANCES WHICH ARISE DURING THE COURSE OF THE YEAR ARE REQUIRED TO BE REPORTED TO THE BOARD OF DIRECTORS. BOARD MEMBERS MUST EXCUSE THEMSELVES FROM DISCUSSION ABOUT OR VOTING ON ANY TRANSACTIONS IN WHICH THEY MAY HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 GREENPATH INNOVATION DESIGN'S 990 IS AVAILABLE UPON REQUEST. THE ANNUAL REPORT, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST. GREENPATH INC 36500 CORPORATE DRIVE FARMINGTON HILLS MI 48331 386142925 COUNSELING MI 501(C)(3) LINE 10 0 HOMEOWNERSHIP PRESERVATION FOUNDATION 36500 CORPORATE DRIVE FARMINGTON HILLS MI 48331 522403507 HOUSING MN 501(C)(3) LINE 10 GREENPATH INC 0 RURAL DYNAMICS INC 410 CENTRAL AVENUE 401 GREAT FALLS MT 59401 810303443 DEBT RESTRUCTURING, FINANCIAL EDUCATION, TAX RETURN PREPARATION MT 501(C)(3) LINE 7 GREENPATH INC 0 CCCS OF DELAWARE VALLEY 1635 MARKET STREET PHILADELPHIA PA 19103 231671903 HOUSING, FINANCIAL EDUCATION PA 501(C)(3) LINE 10 GREENPATH INC 0 CCCS OF PUERTO RICO INC 1607 PONCE DE LEON AVE CORBIANS PLA SANTURCE PR 00909 660471799 FINANCIAL CONSULTING SERVICES PR 501(C)(3) LINE 10 GREENPATH INC 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0