William Howard Northey
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $1.2 M - $5.5 M
Salary
  • salary
    Unknown

Financial Disclosure Details - OGE Form 278e (06/22/2017)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Des Moines, Iowa
Iowa Secretary of Agriculture
Present
2
Spirit Lake, Iowa
Sole Proprietor
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
State of Iowa
Salary
$150,000
2
WM Northey Farm, Spirit Lake, Iowa (sole proprietor)(crops)
$1,000,001 - $5,000,000
Farming Income
$380,879
3
State of Iowa Public Employees' Retirement System (defined benefit pension)(value not readily ascertainable)
None (or less than $201)
4
USDA Agriculture Loss Coverage-County Program
Program payments
$6,548

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Des Moines, Iowa
I will continue to participate in this defined benefit plan.
1/2007

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
Des Moines, Iowa
As Iowa Secretary of Agriculture, I oversee the approximately 345 employees of the Iowa Department of Agriculture and Land Stewardship.

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Janus Henderson Forty D Fund
$15,001 - $50,000
$201 - $1,000
2
Janus Henderson Research Fund Class D
$15,001 - $50,000
$201 - $1,000
3
Janus Henderson Global Select Fund Class D
$1,001 - $15,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
U.S. bank account (cash)
$1,001 - $15,000
Interest
None (or less than $201)
2
Farm Bureau Life Insurance (universal life policy)
$1,001 - $15,000
Interest
$201 - $1,000
3
Lincoln Financial Group (whole life insurance policy)
$100,001 - $250,000
Interest
$5,001 - $15,000
4
Green Plains, Inc. (formerly Green Plains Renewable Energy)
$15,001 - $50,000
Dividends Capital Gains
$201 - $1,000
5
Northey Acres (Farm Real Estate Corporation)(Spirit Lake, Iowa)
$15,001 - $50,000
Dividends
$2,501 - $5,000
6
Principal Life Insurance (variable life policy)
6.1
Principal Financial Group Stock
$15,001 - $50,000
Dividends
$201 - $1,000

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
Northwest Bank
$50,001 - $100,000
2015
5 years
2
Northwest Bank
$15,001 - $50,000
2017
1 year
3
SunTrust Mortgage
$50,001 - $100,000
2010
15 years

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
6
5
This is a family farm land ownership corporation of which I own approximately 6%.
8
1
Machinery note
8
2
2017 operating note

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