Terri Nissley pays herself $111,444.00

[wdtony]

http://dynamodata.fdncenter.org/990_pdf ... 06_990.pdf


Pathway Family Center,

Excerpts from the program's last 990:

Terri C. Nissley - Former President and CEO

Pathway Family Center
Schedule 0, for fiscal year ending 6/30/09
38-3- 118719
This is Pathway Family Center ' s final 990. The organization
discontinued operations effective July 17, 2009. All Assets
have been dispersed to secured creditors.


Pathway Family Center ceased all operations due to adverse economic conditions and the
resulting inability to sustain operations. All assets were disposed, selling at fair market
value and proceeds were used to pay secured creditors.


Review and adjustment of the CEO's compensation was initiated by the Chairman of the
Board . The Chairman of the Board reviewed external , comparative salary data from
other non-profit agencies, with similar numbers of employees, and similar annual
revenues . This information allowed him to evaluate Pathway Family Center's CEO
compensation. The Chairman would then present findings and recommendations to the
governing board . A change in compensation was be approved by the board.
This was done annually, although no salary adjustment has been made in the past 3 years
due to poor economic conditions.

http://dynamodata.fdncenter.org/990s/99 ... search.php

In the beginning of the year, the program's assets were $1,419,971.00
At the end of the year, it was recorded $46,200.00

Terri Nissley paid herself nearly $17,000.00 more this last year than prior years "while" Pathway closed down in 2009 due to supposed "adverse economic conditions".  

She paid herself: $111,444.00 for the last year of Pathway's existence.