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THE TIMOTHY INITIATIVE INC
THE TIMOTHY INITIATIVE INC
NC · Religious Organizations · EIN 800472803
8
Executives Disclosed
$22.7M
Annual Revenue
$28.4M
Total Assets
1.2:1
Internal Pay Ratio
THE TIMOTHY INITIATIVE INC has 8 executives with disclosed compensation. The highest-paid executive, Jared Nelms (CEO & PRESID), received peak total compensation of $274,425. The sector average for Religious Organizations executives is $104K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Jared Nelms | CEO & PRESID | $274K | $274K | 2016–2023 | 3.7x |
| David Nelms | FOUNDER | $252K | $252K | 2016–2023 | 3.4x |
| Justin Sogoian | CHIEF DEVEL | $224K | $224K | 2022–2023 | 3x |
| Scott Ridout | COO | $208K | $208K | 2023–2023 | 2.8x |
| Gary Schneider | REGIONAL DIR | $154K | $0 | 2020–2022 | 2.1x |
| Fregy John | INT'L MINIST | $143K | $0 | 2022–2023 | 1.9x |
| Andre Harriott | INT'L OPERAT | $135K | $0 | 2023–2023 | 1.8x |
| Jeff Forester | BOARD CHAIR | $33K | $0 | 2023–2023 | 0.4x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 2 | $0 | $0 | $0 |
| 2017 | 2 | $0 | $0 | $0 |
| 2018 | 2 | $154K | $154K | $154K |
| 2019 | 2 | $162K | $162K | $162K |
| 2020 | 3 | $164K | $180K | $492K |
| 2021 | 2 | $184K | $184K | $184K |
| 2022 | 5 | $167K | $186K | $501K |
| 2023 | 7 | $240K | $274K | $958K |
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