Section 8 of the STOCK Act of 2012 requires the Clerk of the House of Representatives to provide online public access to financial disclosure reports filed by members of Congress and candidates for Congress.
Using the online database, Bluestem checked out the filings by the three Republican candidates and Jim Read, the one DFL candidate to file a financial disclosure report. The reports are largely unremarkable, with the exception of some missing items on Emmer's resume.
Tom Emmer's report shows that he was paid $96,000 by Clear Channel, presumably for the "Emmer and Davis Show," which he quit in June 2013 to run for office. For assets and "unearned" income, the former state representative owns a rental property in Delano, his law firm, two IRAs and his state retirement fund.
UPDATE: The report does seem to be somewhat incomplete on "Schedule IV - Positions," since compensated and uncompensated positions need to be listed. Tom Emmer was on the Board of Faith and Freedom Coalition, as he was the Minnesota Chairman, according to a report by MPR, he also served on the board of the group Stronger America-Minnesota, and served as national spokesman for National Popular Vote. Emmer was also paid to lobby. [end update]
For liabilities, Emmer has a May 2007 Klein Bankmortgage (Bluestem looked at his mortgages in the 2010 post, The Emmer Home Companion: living within one's means by means of seven mortgages; in that post, the Klein Bank mortgage was noted as a five-year line of credit and the other mortgages all appear to have been paid).
According to the new financial disclosure report, Emmer took out at note in June 2013 from the Bank of Maple Plain in the range of $100,000-$250,000 (the form does not require an exact figure).
Krinkie's report lists salaries from the Snelling Company (his heating and cooling firm) from which he received $100,000 in 2013 and $80,000 from the Taxpayers League during the same year. Mary Krinkie, his wife, received $152,000 from the Minnesota Hospital Association, for whom she lobbies.
Together the Krinkies hold an impressive investment portfolio, retirement funds, and business assets, along with two rental properties in Lino Lakes.
For liabilities, there's a mortgage (between $250,000-$500,000) and a business loan (between $100,000-$250,000).
Sivarajah's report reveals that she earned $57,283 as an Anoka County commissioner and $300 in per diem as a member of the Metro Emergency Services Board. Her husband receives a PERA (Public Employees Retirement Association) pension (amount N/A) and is on the payroll of Akai Security in a contract with the U.S. States Marshals Service in St. Paul.
They hold a portfolio of investments and retirement funds, and no liabilities.
Sivarajah is part of a PERA agreement with Anoka County that was vested in 1994.
Photo: Phil Krinkie, Rhonda Sivarajah and Tom Emmer, via St. Cloud Times.
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