OCONOMOWOC — MyPath, a provider of specialized education, therapeutic, and community support services for high-need individuals in Wisconsin and Indiana, received national certification as the first 100% employee-owned majority women employee-owned business from the National Center for Employee Ownership.
According to a news release, seeking this accreditation was a priority for MyPath’s leadership.
“We are proud to be recognized by the NCEO as a majority women employee-owned business. This certification emphasizes our belief that ownership and opportunity go hand in hand. Empowering women and employees alike drives stronger results for our company, our clients, and our communities,” says MyPath President and CEO Dorothy Buckhanan Wilson.
MyPath has more than 1,900 employee owners and nearly 75% are women. Of the 13 executive team members and executive directors, 12 are female.
Prior to becoming MyPath, the organization was named as Oconomowoc Residential Programs in 1984. It consisted of the Oconomowoc Developmental Training Center, a residential treatment program for children with special needs; Homes for Independent Living, an operator of independent homes for individuals with disabilities and mental illness and SOMED Inc., a therapy company that provided speech, occupational, and physical therapy services to other community-based providers. In 2016, MyPath became 100% employee-owned and is the fourth largest health care/human services employee-owned company in the nation and is the fifth largest in Wisconsin.