Financial disclosure reports for Democratic, Republican leaders in Congress

Financial disclosures for congressional leaders

Senate Majority Leader Harry Reid, D-Nev.

Earned income: $193,400.

Honoraria, all donated to charity: None.

Major assets: 54 percent interest in 55 acres of patent survey in Nevada, $500,001-$1 million; 160 acres in Bullhead City, Ariz., $250,001-$500,000; interest in two other patented mining claims, $500,002-$1 million. Eighteen county and state bonds each valued in the $50,001-$100,000 range. Three stock funds in the $50,001-$100,000 range.

Major sources of unearned income: Interest from school district, county and state bonds, $34,000-$79,500. Stock dividends, $6,400-$19,000.

Major liabilities: None listed.

Gifts: Reid reports a gift of $3,625 from Sen. Dianne Feinstein for a Christmas Eve flight with Feinstein to California.

Narrative: Reid has owned portions of mining claims in Nevada for year, including old claims around his hometown of Searchlight. Reid is president, trustee, sole owner and sole beneficiary of the Harry Reid Ltd. and Pension and Profit Sharing Plans. He is a board member of the Kennedy Center for the Performing Arts.

House Speaker Nancy Pelosi, D-Calif.

Earned income: $325,661, including book royalties.

Honoraria: None.

Major assets: Home and vineyard in St. Helena, Calif., jointly owned with husband, Paul, $5 million to $25 million; home in Norden, Calif., co-owned with husband, $1 million to $5 million; commercial property in San Francisco co-owned with husband, $500,000 to $1 million.

Major sources of unearned income: Rent on real estate in Napa, Calif., jointly owned with husband, $15,000 to $50,000.

Major liabilities: $1 million to $5 million for mortgage on St. Helena, Calif., home and vineyard jointly owned with husband.

Gifts: None.

Narrative: Pelosi’s earned income comes from her speaker’s salary of $223,500, plus $102,161 she earned in book royalties. The royalties are for her 2008 book, “Know Your Power: A Message to America’s Daughters.” Pelosi’s office said she donated her net income from the royalities, including $50,000 to the St. Anthony Foundation in San Francisco and $10,000 to Trinity Washington University in the District of Columbia, Pelosi’s alma mater.

Much of the Pelosi family wealth is listed to her husband, including a commercial property in San Francisco worth $5 million to $25 million; common stock in Apple Inc. and Visa Inc. worth $1 million to $5 million each; a partnership in a team in the independent United Football League, worth $1 million to $5 million; an interest in Matthews International Capital Management, a San Francisco company specializing in Asian investment, worth $1 million to $5 million; and numerous other holdings. Major sources of income attributed to her husband include $1 million to $5 million in capital gains from selling Apple stock.

House Minority Leader John Boehner, R-Ohio.

Earned income: $193,400.

Honoraria, all donated to charity: None.

Major assets: Congressional Federal Credit Union account, $100,001-$250,000; Fidelity Contrafund, $100,001-$250,000; UBS Liquid Assets Fund, $100,001-$250,000; stock in more than 40 companies, each between $15,001-$50,000.

Major sources of unearned income: Interest on Credit Union account, $1,001-$2,500; interest from Bear Sterns bonds and notes, $201-$1,000; dividends/capital gains on a jointly held fund, $2,501-$5,000; a pension between $50,001-$100,000 from the state of Ohio.

Major liabilities: None.

Gifts: None.

Narrative: Boehner continues to hold a non-compensated position in Nucite Sales, a sales company where he was president before beginning his political career. Boehner last December sold a retirement plan in the company he once ran, taking in between $1,000,001 and $5 million. He then purchased shares in almost 60 companies, including stock in BP, Exxon, Chevron, ConocoPhilips and Occidental. The oil company stocks were valued between $15,001 and $50,000. In addition to government securities, he bought bonds and notes in Bear Sterns, AT&T Wireless Group and Alcoa Inc. that were valued between $15,001 and $50,000. He also listed several jointly held assets. Among them are three funds, each valued between $100,001 and $250,000.

House Majority Leader Steny Hoyer, D-Md.

Earned income: 193,400

Honoraria, all donated to charity: None.

Major assets: Legg Mason Value Trust Fund, $250,001-$500,000; Investment Company of America, $15,001-$50,000; Congressional Federal Credit Union account, $15,001-$50,000; money market fund, $1,001-$15,000.

Major sources of unearned income: Dividends from the Legg Mason Value Trust Fund, $2,501-$5,000; dividends from Income Fund of America, $1,001-$2,500; a legislative pension of $20,481 from the state of Maryland.

Major liabilities: None.

Gifts: None.

Narrative: Hoyer listed one trip to Tel Aviv, Israel, that was paid for by the American Israel Education Foundation. He is a member of the St. Mary’s College Board of Trustees.

House Majority Whip James Clyburn, D-S.C.

Earned income: $174,000.

Honoraria, all donated to charity: None.

Major assets: Investment Entrepreneurs LLC, $100,001-$250,000; half ownership of property in Sumter, S.C., $50,001-$100,000; Bank of America retirement account, $15,001-$50,000; Merrill Lynch retirement account, $15,001-$50,000, SCANA Corporation investment, $15,001-$50,000.

Major sources of unearned income: South Carolina Retirement System, $52,282; rent from Sumter property, $2,501-$5,000; dividends from SCANA Corp. investment, $1,001-$2,500

Major liabilities: None.

Gifts: None.

Narrative: Clyburn, the third-ranking Democrat in the House, was reimbursed for eight domestic trips in 2009, including an April trip to San Antonio, Texas, paid for by Pharmaceutical Research and Manufacturers of America and a July trip from Charlotte, N.C., to New Orleans paid for by McDonalds USA. He serves on the boards of four organizations, including Allen University in Columbia, S.C., the Palmetto Conservation Fund and the Congressional Black Caucus Political Education & Leadership Institute. Clyburn, who served 18 years as South Carolina’s Human Affairs commissioner, received a pension payment of $52,282 from the state.

Senate Minority Leader Mitch McConnell, R-Ky.

Earned income: $193,400.

Honoraria, all donated to charity: None.

Major assets: Money market account, jointly owned with his wife, Elaine Chao, worth $5,000,001 to $25 million; property with carriage house rental, jointly owned, worth $1 million to $5 million.

Major sources of unearned income: Money market account earned $15,001-$50,000. Rent on Washington, D.C., carriage house, $5,001-$15,000.

Major liabilities: None.

Gifts: None.

Narrative: The biggest asset held by McConnell and his wife, former labor secretary Chao, is a Vanguard tax-exempt money market, which generated thousands of dollars for the couple.

McConnell holds two uncompensated positions outside the government: He is a visiting committee member of the University of Kentucky School of Law. At Harvard Business School, McConnell is a member of the Board of Dean’s Advisors.

Chao earned over $1,000 in salary from The Heritage Foundation, a conservative think tank. In nine other instances, she earned speaking fees and one stipend of the same amount. Some of the fees came Fox News Network; Dole Foods, Inc.; Yum! Brands, Inc., and Raytheon Company. The stipend came from The John F. Kennedy School of Government at Harvard University.

House Minority Whip Eric Cantor, R-Va.

Earned income: $174,000.

Honoraria, all donated to charity: None.

Major assets: Rental property in Arlington, Va., $500,001-$1,000,000; Media General Inc. deferred compensation stock, $250,001-$500,000; Bank of America Accounts $100,001-$250,000; Goldman Sachs money market fund $100,001-$250,000; Qualcomm Inc. stock $100,001-$250,000; Richmond Resources Ltd., note receivable (real estate development), $100,001-$250,000; TrustMor Mortgage Co., LLC., (two separate investments) $100,001-$250,000; Virginia Credit Union accounts $100,001-$250,000.

Major sources of unearned income: None.

Major liabilities: Countrywide Bank, mortgage, $250,001-$500,000.

Gifts: None.

Narrative: Cantor has two investments in companies whose stock suffered huge declines: stock in Fannie Mae, worth $1,001 to $15,000; and stock in General Motors, now listed as Motors Liquidation Co., valued between $1 and $1,000.

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Sen. Robert Byrd, D-W.Va., Senate pro tempore.

Earned income: $193,400.

Honoraria, all donated to charity: None.

Major assets: Individual retirement account, $100,000-$250,000. Rental property in Shepherdstown, W.Va., $250,001-$500,000.

Major sources of unearned income: Interest on IRA, $5,001-$15,000; income from rental property, $15,001-$50,000.

Major liabilities: None.

Gifts: None.

Narrative: The longest-serving senator in U.S. history, the 92-year-old Byrd is renowned for bring home millions in projects to his home state of West Virginia, but he has never accumulated the personal wealth enjoyed by many of his Senate colleagues.

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Senate Minority Whip Jon Kyl, R-Ariz.

Earned income: $174,000.

Honoraria, all donated to charity: None.

Major assets: Three IRAs, one with a value of $146,000, the second valued at $113,000, and the third at $127,000.

Major sources of unearned income: None.

Major liabilities: None.

Gifts: None

Narrative: Most of Kyl’s assets are in individual retirement accounts.

Senate Majority Whip Dick Durbin, D-Ill., got an extension on reporting his finances.