Tom Reed
Tom Reed Net Worth & Financial Disclosure
houseAnnual financial disclosure for 2013, filed May 15, 2013. Includes 13 assets and 3 liabilities.
Est. Net Worth
$517K
2013 annual disclosure
Total Assets
$487K - $1.2M
13 assets
Total Liabilities
$200K - $450K
3 liabilities
Total Trades
10
From PTR filings
Trade Volume
$510K
Midpoint of disclosed ranges
Net Worth Over Time
Show data table
| Period | Est. net worth |
|---|---|
| 2011 | $29.9M |
| 2012 | $423K |
| 2012 | $113.3M |
| 2013 | $517K |
Assets by Category
LLC / Partnership$425K (3)
Retirement & Pension$183K (2)
Real Estate$108K (3)
Insurance$108K (2)
Bank & Cash$19K (3)
Top Stock Holdings (from trades)
All Assets (13)
| Asset | Value |
|---|---|
M&T Bank Accounts | $1,001 - $15,000 |
First Heritage FCU Accounts | $5,001 - $15,000 |
Baty St, Elmira, NY Real Estate Elmira, NY, US | $50,001 - $100,000 |
Long Branch Rd, Liverpool, NY Real Estate Liverpool, NY, US | $15,001 - $50,000 |
Life Insurance - Northwest Whole Life | $15,001 - $50,000 |
Life Insurance - Guardian Whole Life | $50,001 - $100,000 |
Law Office of Thomas W. Reed II, PLLC (Non-Legal Income) | $50,001 - $100,000 |
Mineral Rights Land Tuscarora, NY, US | N/A |
R and R Properties, LLC (50% Owned) Corning, NY, US | $100,001 - $250,000 |
Reed Enterprises, LLC (Partial Owner) Corning, NY, US | $100,001 - $250,000 |
IRA - Morgan Stanley Corning, NY, US | $100,001 - $250,000 |
IRA - Morgan Stanley (OcIara; Corning Inc (135 Shares); Level 3 Communications Inc (20 Shares)) | $1,001 - $15,000 |
Pershing Money Market Account | $1 - $1,000 |
Liabilities (3)
| Creditor | Type | Amount |
|---|---|---|
| GLC Student Loans | student loan | $50,001 - $100,000 |
| Bank of America | mortgage | $50,001 - $100,000 |
| Bank of America | mortgage | $100,001 - $250,000 |
Trading Sector Allocation (from PTR trades)
Consumer Cyclical$33K
Financial Services$33K
Consumer Defensive$33K
Energy$33K
Communication Services$33K
Methodology: Net worth is calculated from annual financial disclosures filed under the STOCK Act. Congress members report asset values and liabilities in ranges (e.g., $1,001-$15,000), not exact amounts. The “estimated net worth” shown is the midpoint of total assets minus the midpoint of total liabilities. Actual values may differ. Stock trading data comes from separate Periodic Transaction Reports (PTRs).