2023 Form 6 · annual filing (Commission on Ethics) · received 2024-08-30 · 3 pages (text)
Net worth$1,600,000
Income listed$130,000
Real estate$1,360,0002 properties
Debts listed$242,000
Worth a look1
Net worth over time
Where listed income comes from
Real estate 100% $130,000 · Seritage Growth Properties, Whitman Family Development
Worth a look 1
Worth a lookUnusual reporting
Net worth rose from $175,000 (2022) to $1,600,000 (2023) — 9.1×
This 2023 filing reports $1,600,000; the same person's 2022 filing reported $175,000, a change of $1,425,000 in 1 year. Listed income for 2023 was $130,000. Inheritances, home values and markets can move net worth a lot, so compare what's listed in each year to see where the change shows up.
What to check
Compare the assets listed in each filing: which items are new or much larger?
“Report your net worth as of”2023 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works
Context 6
ContextUnusual reporting
“Bank Accounts” ($90,000) doesn't name the institution
Intangible assets should name the entity they relate to.
What to check
Which bank, company or fund is this?
Rule: Asset without a named institution
“Do not list simply "stocks and bonds" or "bank accounts."”2023 Form 6 instructions, Assets (quote not found in this year's instructions) · how this rule works
ContextUnusual reporting
Net worth $1,600,000; listed items add up to $1,383,000
Reported net worth: $1,600,000. Household goods + listed assets − listed liabilities = $1,383,000. Net worth roughly equals the listed assets before debts — the debts may not have been subtracted.
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.”2023 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works
ContextIncome & business ties
93% of listed income ($121,000) comes from Seritage Growth Properties
Listed income totals $130,000 from 2 sources. The largest is classed as real estate.
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”2023 Form 6 instructions, Income ✓ quoted from the saved instructions · how this rule works
ContextIncome & business ties
Most income is from real estate (100%)
Sector is inferred from the names of income sources and the businesses they own.
What to check
Consider whether decisions in the office sought affect this industry.
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”2023 Form 6 instructions, Income ✓ quoted from the saved instructions · how this rule works
ContextWealth & holdings
Reports a net worth of $1,600,000 — 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”2023 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works
ContextWealth & holdings
Real estate worth $1,360,000 across 2 properties (85% of net worth)
Real estate holdings, as listed.
What to check
Look the parcels up with the county property appraiser: land use (vacant or improved), assessed value and when they were bought.
Check whether any listed liability is a mortgage on these properties.
Rule: Real estate holdings
“Real property: Identify by providing the street address of the property.”2023 Form 6 instructions, Assets ✓ quoted from the saved instructions · 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.