53. Mark DeSaulnier

-$497,000 minimum net worth

DeSaulnier (D-Concord) took one of the biggest financial hits of the California delegation in 2016, losing more than $350,000 in wealth. He had a negative network of $497,000, a 238% decrease from the previous year. While assets including his Contra Costa County Employee retirement account had remained flat, DeSaulnier took on three mortgages totalling at least $600,000 over the last couple years.

READ MORE: California’s members of Congress are worth at least $439 million >>

Totals

$103,000 minimum assets
$600,000 minimum liabilities

Asset list

Rank Asset Type Owner Minimum value
1 Contra Costa County Employee Retirement Association Investments Member $100,001
2 Contra Costa Federal Credit Union Bank Account Member $1,001
3 US Bank Bank Account Member $1,001
4 Mass Mutual, Contra Costa County Deferred Compensation Plan Bank Account Member $1,001

Liability list

Rank Creditor Type Owner Minimum value
1 Chase Mortgage Member $250,001
2 Nationstar Mortgage Member $250,001
3 Nationstar Mortgage Member $100,001

Credits: Christina Bellantoni, Christine Mai-Duc, Javier Panzar, Julie Westfall and Sarah Wire.

About this data: These are the assets disclosed for calendar years 2014-2016 compiled by Roll Call. They are ranked from largest to smallest. Financial disclosure rules allow lawmakers to report broad ranges of minimums for both assets and liabilities, starting at $1 to $1,000 and topping out at $50 million or higher, so it is impossible to offer precise figures. The minimum values shown are how Roll Call calculated the net worth for each member.

Roll Call assigns assets and liabilities into several categories. The disclosure forms indicate if the asset or liability is owned solely by the member, by the member’s spouse, by the member’s dependent(s) or jointly owned by the member and spouse. The names of the assets and liabilities appear as they were entered on the forms filed with the clerk of the House and the Senate Select Committee on Ethics.