Florida Files

Officeholders

William Chad Bailey

2025 Form 6 · annual filing (Commission on Ethics) · received 2026-06-08 · 4 pages (text)

Net worth$389,000
Income listed$82,477
Real estate$0
Debts listed$222,000
Worth a look1

Where listed income comes from

  • Other / unclassified 82% $68,000 · Fidium Fiber
  • Nonprofit 10% $8,500 · First Pentecostal Church of Wewahitchka
  • Government & public payroll 7% $5,977 · Gulf County School Board

Worth a look 1

Worth a look Unusual reporting

Reports a $389,000 net worth but lists no assets (only $30,000 of household goods)

The assets section is marked “N/A”, yet net worth is $389,000. Every asset worth more than $1,000 has to be listed, so about $359,000 of what this filer owns isn't shown.

What to check
  • Compare with the filer's other filings: which assets did they list before?
  • Which accounts would produce the income listed?

Rule: Net worth with no assets listed
“Describe, and state the value of, each asset you had on the reporting date”2025 Form 6 instructions, Assets ✓ quoted from the saved instructions · how this rule works

Context 3

Context Unusual reporting

Net worth $389,000; listed items add up to -$192,000

Reported net worth: $389,000. Household goods + listed assets − listed liabilities = -$192,000. 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.”2025 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works

Context Income & business ties

82% of listed income ($68,000) comes from Fidium Fiber

Listed income totals $82,477 from 3 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”2025 Form 6 instructions, Income ✓ quoted from the saved instructions · how this rule works

Context Income & business ties

Earns from 3 separate employers or businesses

Several distinct earned-income sources (excluding investments, retirement and Social Security).

What to check
  • Are any of these sources connected to each other or to the office sought?

Rule: Several earned-income sources

How this rule works

Where to look next

Some of what this filing reports stands out. 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

Other filings by William Chad Bailey

FilingReceivedNet worthItems
2024 Form 6 — annual (Commission on Ethics)2025-10-21$389,0001

Net worth

Net worth
As of
Household goods (lump sum)

Assets over $1,000 $0 listed

Reported as “N/A”.

Liabilities over $1,000 $222,000 listed

CreditorAddressAmount

Joint and several liabilities not reported above

Reported as “N/A”.

Income $82,477 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
2026-10-08T00:05:43+00:00
SHA-256
0d6d9761b3e92cefbeb9f4eb88a31662f78641a8ff1f4cf6d78972318a196ec3
Pages
p1 form6 · p2 form6 · p3 form6 · p4 form6
Extraction
parser v0.5.2; 0 value(s) below 80% confidence