Skip to main content

Nonprofit · EIN 38-6142925

GREENPATH INC

Tax-exempt · FARMINGTN HLS, MI 48331

Financials

$53.7M$46M2023$46.9M$45.1M2024
Revenue Expenses · by fiscal year end
Financials of GREENPATH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$46,929,170$45,085,156$1,844,014$69,133,447$19,879,892$49,253,555
December 31, 2023990$53,664,571$46,033,230$7,631,341$68,941,571$21,454,999$47,486,572
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,151,756
of which government grants
$2,940,875
Program service revenue
$36,543,439
Investment income
$2,218,201
Net gain from sales of assets
$1,620,134
Other revenue
$15,774

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,358,673
Other salaries and wages
$23,182,316
Salaries, compensation and benefits (total)
$31,617,352
Professional fundraising fees
$0
Legal fees
$107,468
Accounting fees
$175,494
Occupancy
$557,119
Travel
$189,042
Depreciation
$2,372,131
Program services (functional)
$39,413,458
Management and general (functional)
$3,762,340
Fundraising (functional)
$1,909,358

Balance sheet and other

Total assets, start of year
$68,941,571
Total assets, end of year
$69,133,447
Total liabilities, end of year
$19,879,892
Net assets, end of year
$49,253,555
Land, buildings and equipment
$33,275,650
Publicly traded securities
$17,383,110
Net assets without donor restrictions
$48,955,555
Net assets with donor restrictions
$298,000
Gross receipts
$63,175,138
Employees
500
Volunteers
10
Year formed
1967
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KRISTEN HOLTPRESIDENT & CEO
Officer
30$474,384$45,242
DONNA MCNEILLCOO
Key employee
40$332,592$50,951
SIREESHA MANDAVACIO
Key employee
38$325,434$38,443
RICHARD BIALOBRZESKICHIEF BUSINESS DEVELOPMENT OFFICER
Key employee
35$263,194$41,461
SUSAN ELIZABETH DUNCAN-MURPHYCHIEF PEOPLE OFFICER
Key employee
40$238,944$46,251
RICHARD T HOLLISCFO (SERVED UNTIL 09/2024)
Officer
23$265,414$11,485
DAVID FLORESCLIENT SVCS & PROGRAM PERFORMANCE
Highest-paid employee
32$231,842$40,038
JENNIFER FRASERDIRECTOR OF STAKEHOLDER ENGAGEMENT
Highest-paid employee
20$188,985$57,579
MICHAEL SHINKONISCFO (BEGAN SERVICE 08/2024)
Officer
25$187,083$37,796
LEO G HOPPERDIRECTOR OF INFORMATION SECURITY
Highest-paid employee
32$161,521$51,028
BRADLEY JOHNSONSOFTWARE DEVELOPMENT MANAGER
Highest-paid employee
40$153,748$50,611
YOGITA KRISHNAMURTHYDIRECTOR OF DATA & ANALYTICS
Highest-paid employee
40$201,573$1,901
CAREY PACHLACHAIR
Trustee or director, Officer
1$0$0
MICHELLE GREENEVICE-CHAIR
Trustee or director, Officer
1$0$0
ANTHONY ZAMBELLITREASURER
Trustee or director, Officer
1$0$0
7 more people on this return
NameTitleHours / weekCompensation
JOSHUA SLEDGESECRETARY
Trustee or director, Officer
1$0
JOHN FRITHDIRECTOR
Trustee or director
1$0
BRUCE GOTTSCHALLDIRECTOR
Trustee or director
1$0
JOE LAFEIRDIRECTOR
Trustee or director
1$0
WILLIAMS RICHARDSDIRECTOR
Trustee or director
1$0
SHAWN STEWARTDIRECTOR
Trustee or director
1$0
JANE SYDLOWSKIDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
KRISTEN HOLTPRESIDENT & CEO
Officer
30$506,998$29,468
DONNA MCNEILLCHIEF OPERATING OFFICER
Key employee
40$347,820$32,007
SIREESHA MANDAVACHIEF INFORMATION OFFICER
Key employee
34$327,886$26,536
RICHARD T HOLLISCHIEF FINANCIAL OFFICER
Officer
23$284,124$28,779
RICHARD BIALOBRZESKICHIEF BUSINESS DEVELOPMENT OFFICER
Key employee
30$281,526$28,466
SUSAN ELIZABETH DUNCAN-MURPHYCHIEF PEOPLE OFFICER
Key employee
40$251,616$29,628
DAVID FLORESDIRECTOR OF CLIENT SERVICES & PROGRAM PERFORMANCE
Highest-paid employee
36$229,959$25,933
JENNIFER FRASERDIRECTOR OF STAKEHOLDER ENGAGEMENT & CCO
Highest-paid employee
20$195,332$33,499
MICHAEL SHINKONISDIRECTOR OF FINANCE AND ACCOUNTING
Highest-paid employee
30$178,452$23,368
EDWARD ENNEYSENIOR BUSINESS APPLICATION MANAGER
Highest-paid employee
40$170,210$27,288
MAUREEN ANDERSONDIRECTOR OF COMPLIANCE AND NETWORK OVERSIGHT
Highest-paid employee
20$163,620$29,360
CAREY PACHLACHAIR
Trustee or director, Officer
1$0$0
MICHELLE GREENEVICE-CHAIR
Trustee or director, Officer
1$0$0
ANTHONY ZAMBELLITREASURER
Trustee or director, Officer
1$0$0
WILLIAM RICHARDSSECRETARY
Trustee or director, Officer
1$0$0
JOHN FRITHDIRECTOR
Trustee or director
1$0$0
BRUCE GOTTSCHALLDIRECTOR
Trustee or director
1$0$0
JOE LAFEIRDIRECTOR
Trustee or director
1$0$0
JOSHUA SLEDGEDIRECTOR
Trustee or director
1$0$0
SHAWN STEWARTDIRECTOR
Trustee or director
1$0$0
JANE SYDLOWSKIDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
36500 CORPORATE DR, FARMINGTN HLS, MI 48331-3553
Principal officer (990 for 2024)
KRISTEN HOLT, 36500 CORPORATE DRIVE, FARMINGTON HILLS, MI 48331
Signed the 990
MICHAEL SHINKONIS, CHIEF FINANCIAL OFFICER
Phone
(248) 553-5400
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

EMPOWERING PEOPLE TO LEAD FINANCIALLY HEALTHY LIVES.

990 for the year ended December 31, 2024

Program accomplishments

  • CONSUMER CREDIT COUNSELING, EDUCATION, AND FINANCIAL WELLNESS PROGRAMS: GREENPATH DELIVERS FREE 1-ON-1 FINANCIAL COUNSELING, CREDIT COUNSELING, STUDENT LOAN COUNSELING, PRE-FILING BANKRUPTCY COUNSELING, FINANCIAL EDUCATION AND DEBT MANAGEMENT SERVICES TO PEOPLE IN ALL 50 STATES. IN 2024, WE PROVIDED THESE CREDIT AND DEBT COUNSELING SERVICES TO ABOUT 73,000 HOUSEHOLDS. WE ALSO HELPED MORE THAN 60,000 PEOPLE REPAY MORE THAN $220 MILLION IN DEBT.
    Expenses $37,677,833 · revenue $36,543,439
  • HOUSING COUNSELING: AS A DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) INTERMEDIARY AND HOUSING COUNSELING AGENCY, GREENPATH PROVIDES MORTGAGE/RENT DELINQUENCY COUNSELING, PRE-PURCHASE HOME BUYER COUNSELING AND EDUCATION, AND REVERSE MORTGAGE (HECM) COUNSELING TO PEOPLE IN ALL 50 STATES. IN 2024, WE PROVIDED THESE HOUSING COUNSELING SERVICES TO ABOUT 40,000 HOUSEHOLDS. NOTE: REVENUE FROM THIS ACTIVITY IS FEDERALLY FUNDED AND, THEREFORE, INCLUDED UNDER PART VIII (1) CONTRIBUTIONS AND GRANTS.
    Expenses $1,735,625

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-6142925
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1967
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P51Z)
Assets (IRS master file)
$69,133,447
Income (IRS master file)
$63,175,138

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$46,929,170$45,085,156$69,133,447XML
990December 2023$53,664,571$46,033,230$68,941,571XML
990December 2022$41,665,634$43,449,321$58,285,070IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-6142925).

Questions about GREENPATH INC

What is the EIN of GREENPATH INC?
The employer identification number (EIN) of GREENPATH INC is 38-6142925.
Is GREENPATH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to GREENPATH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREENPATH INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREENPATH INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREENPATH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GREENPATH INC?
The 990 for the year ended December 31, 2024 names KRISTEN HOLT.
Who are the officers and directors of GREENPATH INC?
The 990 for the year ended December 31, 2024 lists 22 people; 12 received compensation from the organization, the highest $474,384 (KRISTEN HOLT, PRESIDENT & CEO).
How much revenue does GREENPATH INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $46,929,170, expenses of $45,085,156 and total assets of $69,133,447 at year end.

Other nonprofits in FARMINGTN HLS

All nonprofits in FARMINGTN HLS · Michigan · Human services