Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $3.9 M - $9.0 M
Salary
  • salary
    Unknown

Financial Disclosure Details - OGE Form 278e (06/21/2021)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Ann Arbor, Michigan
Professor of Law
Present
2
Lansing, Michigan
Commissioner and Chair
1/2021
3
Ann Arbor, Michigan
Commissioner
1/2021
4
Ann Arbor, Michigan
Board Member
1/2021
5
Ann Arbor, Michigan
Board Member
1/2021
6
Detroit, Michigan
Cooperating Attorney
1/2021
7
Washington, District of Columbia
Contractor
10/2020
8
New York, New York
Contractor
5/2019

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
University of Michigan
Salary
$341,352
2
Michigan Employment Relations Commission
Salary
$49,557
3
University of Michigan 401(a) Basic Retirement Plan
3.1
Fidelity Total Market Index Fund
$500,001 - $1,000,000
None (or less than $201)
3.2
Fidelity International Index
$100,001 - $250,000
None (or less than $201)
3.3
Fidelity US Bond Index
$15,001 - $50,000
None (or less than $201)
4
Roth IRA
4.1
Vanguard Total Stock Market Index Fund - Admiral Shares (VTSAX)
$50,001 - $100,000
None (or less than $201)
5
University of Michigan 403(b) Basic Retirement Plan
5.1
Fidelity Total Market Index Fund
$100,001 - $250,000
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Ann Arbor, Michigan
I began an unpaid leave of absence from my faculty position when I assumed my position at the Office of Management & Budget, and I will continue that leave in the position for which I have been nominated. The leave lasts for one year, subject to renewal by the University's Regents.
1/2021
2
Ann Arbor, Michigan
I will continue to participate in the 401(a) Basic Retirement Plan. The University will not make contributions during my leave.
7/2009
3
Ann Arbor, Michigan
I will continue to participate in the 403(b) Basic Retirement Plan. The University will not make contributions during my leave.
7/2009
4
Ann Arbor, Michigan
I will continue to participate in the 403(b) Supplemental Plan (Supplemental Retirement Account). The University will not make contributions during my leave.
7/2009
5
Ann Arbor, Michigan
I will continue to participate in the 457(b) Deferred Compensation Plan. The University will not make contributions during my leave.
7/2009
6
St. Louis, Missouri
I will continue to participate in the Washington University Retirement Savings Plan, but the plan sponsor no longer makes contributions.
7/2004
7
Cambridge, Massachusetts
I will continue to participate in the Retirement Income Plan for Teaching Faculty of Harvard University, but the plan sponsor no longer makes contributions.
7/2000
8
Cambridge, Massachusetts
I will continue to participate in the Harvard University Tax-Deferred Annuity Plan, but the plan sponsor no longer makes contributions.
7/2000
9
Ann Arbor, Michigan
My solo legal practice will remain dormant during my appointment. My only outstanding client fees are fee interests in two contingency fee cases. (The fee interests in the contingency fee cases were forfeited as of July 16, 2021.)
7/2011

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
Ann Arbor, Michigan
Law professor
2
Lansing, Michigan
Commissioner and Chair
3
New Orleans, Louisiana
Legal services
4
Washington, District of Columbia
Contractor (contracted to write a legal report)
5
New York, New York
Contractor (legal research)
6
Iowa City, Iowa
Distinguished visitor and lecturer
7
Trinidad, Colorado
Legal services

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Burns Charest, LLP (law firm)
Expert Witness Fees
2
University of Michigan
Salary
3
Commonwealth of Kentucky
Consulting Fees
4
Roth IRA
4.1
Vanguard Total Stock Market Admiral
$50,001 - $100,000
None (or less than $201)
5
University of Michigan 457(b) Deferred Compensation Plan
5.1
Fidelity Total Market Index Fund
$100,001 - $250,000
None (or less than $201)
5.2
Fidelity International Index
$50,001 - $100,000
None (or less than $201)
5.3
Fidelity US Bond Index
$1,001 - $15,000
None (or less than $201)
6
University of Michigan 403(b) Supplemental Plan (Supplemental Retirement Account)

Other Assets and Income

#
Description
Value
Type
Amount
1
U.S. Brokerage Account #1
1.1
Fidelity ZERO Total Market Index Fund (FZROX)
$15,001 - $50,000
$201 - $1,000
2
U.S. Brokerage cash account
$1,001 - $15,000
None (or less than $201)
3
U.Fund College Investing Plan #1 (Massachusetts 529 college savings plan)
3.1
MA College Portfolio (Fidelity Funds)
$1,001 - $15,000
None (or less than $201)
4
U.S. Brokerage Account #2
4.1
Vanguard Cash Reserves Federal Money Market Fund - Admiral Shares (VMRXX)
$1,001 - $15,000
None (or less than $201)
4.2
Vanguard Total International Stock Index Fund - Admiral Shares (VTIAX)
$15,001 - $50,000
$15,001 - $50,000
4.3
Vanguard Total Stock Market Index Fund - Admiral Shares (VTSAX)
$100,001 - $250,000
$100,001 - $1,000,000
5
MOST—Missouri's 529 Education Plan #1
Cash Payment
$45,123

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
TRUE Community Credit Union
$15,001 - $50,000
2021
10 years
2
J.P. Morgan Chase Bank, N.A.
$100,001 - $250,000
2012
15 years
3
Pentagon Federal Credit Union
$15,001 - $50,000
2020
7 years
4
Mr. Cooper
$500,001 - $1,000,000
2021
30 years

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
1
1
On leave for one year, subject to renewal by the Regents, pursuant to University leave policy.
1
2
The Michigan Employment Relations Commission is an independent body supported by the Bureau of Employment Relations within the Michigan Department of Labor & Economic Opportunity.
1
6
Pro bono.
2
2
The Michigan Employment Relations Commission is an independent body supported by the Bureau of Employment Relations within the Michigan Department of Labor & Economic Opportunity.
2
15
Subsequent to the date of filing this report, the filer forfeited his interest in these contingency fee cases. See Part 3, line 9.
4
2
The Michigan Employment Relations Commission is an independent body supported by the Bureau of Employment Relations within the Michigan Department of Labor & Economic Opportunity.

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