Marcus J. Molinaro
Marcus J. Molinaro (NY-19) disclosed a net worth range between -$1.2M and -$325K in their 2023 annual filing.
Compare this disclosure with the House of Representatives net worth rankings .
Net worth
Estimated from the ranges in the member's annual financial disclosures: the band runs from the sum of disclosed asset minimums less liability maximums up to the sum of asset maximums less liability minimums. Only electronically filed reports are read — a missing year means no electronic filing, not zero net worth.
Disclosed net worth band, 2023 to 2023
| Year | Filed | Net worth band |
|---|---|---|
| 2023 | 2024-08-13 | -$1.2M – -$325K |
Recent stock trades
No stock trade has been disclosed for this member, so there is no reconstructed portfolio and no performance estimate. Periodic transaction reports cover securities trades only — the assets above are the member's full disclosed holdings.
Assets and liabilities
Disclosed assets
The assets Marcus J. Molinaro itemised in their 2023 annual report, largest bracket first. Descriptions are the filer's own wording, and each value is the bracket they checked on the form — never a reported amount.
| Description | Type | Income | Value |
|---|---|---|---|
| NW Mutual Life Insurance Policies | WU | — | $15K - $50K |
| Rhinebeck Bank Checking & Savings Accounts | BA |
$1 - $200
Interest
|
$15K - $50K |
| State Farm Life Insurance | WU | — | $15K - $50K |
| AFM New York 529 ⇒ Commencement Portfolio [5F] | — |
Tax-Deferred
|
$1K - $15K |
| AFM New York 529 ⇒ Income Portfolio [5F] | — |
Tax-Deferred
|
$1K - $15K |
| AFM New York 529 ⇒ Interest Accumulation Portfolio [5F] | — |
Tax-Deferred
|
$1K - $15K |
| EAM New York 529 ⇒ Target Enrollment 2035 [5F] | — |
Tax-Deferred
|
$1K - $15K |
| JHM New York 529 ⇒ Income Portfolio [5F] | — |
Tax-Deferred
|
$1K - $15K |
| JHM New York 529 ⇒ Target Enrollment 2027 [5F] | — |
Tax-Deferred
|
$1K - $15K |
| JHM New York 529 ⇒ Target Enrollment 2030 [5F] | — |
Tax-Deferred
|
$1K - $15K |
| TAM New York 529 ⇒ Target Enrollment 2036 [5F] | — |
Tax-Deferred
|
$1K - $15K |
| Truist Financial Corporation (TFC) | ST |
$1 - $200
Dividends
|
$1K - $15K |
Disclosed liabilities
The liabilities itemised in the 2023 annual report, largest bracket first. These are the amounts subtracted when the net worth band above is rolled up.
| Description | Amount owed |
|---|---|
| Mortgage on personal residence (Bank of Millbrook) | $250K - $500K |
| Mortgage on personal residence (Rhinebeck Bank) | $250K - $500K |
| HELOC (Chemung Bank & Trust) | $50K - $100K |
| HELOC (Ulster Savings Bank) | $50K - $100K |
| HELOC (TEG Federal Credit Union) | $10K - $15K |