Florida Files

Officeholders

Phillip Wayne Gainer

2024 Form 6 · annual filing (Commission on Ethics) · received 2025-06-03 · 4 pages (text)

Net worth$1,000,080
Income listed$220,191
Real estate$800,0002 properties
Debts listed$16,600
Worth a look0

Where listed income comes from

  • Other / unclassified 89% $196,791 · FDOT
  • Nonprofit 11% $23,400 · Orange Hill Baptist Church

Worth a look 0

Nothing stood out under the current rules.

Context 4

Context Unusual reporting

All 4 asset values are round numbers

Every listed asset is valued in round thousands, which suggests estimates rather than statements or appraisals. That's allowed, but it makes the totals less precise.

What to check
  • Are bank or brokerage balances (which are exact) rounded too?

Rule: All values are round numbers

How this rule works

Context Unusual reporting

Net worth $1,000,080; listed items add up to $1,063,400

Reported net worth: $1,000,080. Household goods + listed assets − listed liabilities = $1,063,400. A difference is normal: net worth also counts assets and debts that aren't listed individually (items under $1,000, credit cards, taxes), and the instructions say subtracting listed liabilities from listed assets won't give an accurate figure in most cases.

What to check
  • No action needed unless other items look off.

Rule: Net worth vs. listed items
“Simply subtracting your liabilities from your assets will not result in an accurate net worth figure in most cases.”2024 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works

Context Income & business ties

89% of listed income ($196,791) comes from FDOT

Listed income totals $220,191 from 2 sources. The largest is classed as other / unclassified.

What to check
  • Who is this source, and does it have business before the office sought?
  • If the filer owns it, check the business section and secondary income.

Rule: Where the money comes from
“List the name of each source of income that provided you with more than $1,000 of income during”2024 Form 6 instructions, Income ✓ quoted from the saved instructions · how this rule works

Context Wealth & holdings

Reports a net worth of $1,000,080 — a millionaire on paper

Net worth is the filer's own figure. Being wealthy isn't a problem; it's context for comparing candidates and for reading the rest of the form.

What to check
  • Compare with the other candidates in the race.
  • Check that the large assets below are described and valued clearly.

Rule: Net worth tier
“Report your net worth as of”2024 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works

Where to look next

These links open official public records, built from what the filer disclosed. They're searches you run yourself — results may include other people or companies with similar names.

Their filings

Net worth

Net worth
As of
Household goods (lump sum)

Assets over $1,000 $900,000 listed

DescriptionValue

Liabilities over $1,000 $16,600 listed

CreditorAddressAmount

Joint and several liabilities not reported above

Reported as “N/A”.

Income $220,191 listed

Elected to attach federal tax return instead:

Primary sources

SourceAddressAmount

Secondary sources (major customers of businesses owned)

Reported as “N/A”.

Interests in specified businesses

Reported as “N/A”.

Signature

Signed by
Date
Filed with COE

Source

Document
Open PDF · original source
Retrieved
2026-10-08T12:57:15+00:00
SHA-256
7831ce6316acadb8acac2c59b3ccfd27a1a50d81c463106d3672d7f9759e6b22
Pages
p1 form6 · p2 form6 · p3 form6 · p4 form6
Extraction
parser v0.5.2; 0 value(s) below 80% confidence