charles b kornmann financial disclosure report for 2009

8/3/2019 Charles B Kornmann Financial Disclosure Report for 2009

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AO IO I FINANCIAL DISCLOSURE REPORTReport Required by the E

Government Act o f 19781/2008 FOR CALENDAR YEAR 2009 ( .~ U.S. C. app. 101-111)

l . P e r s o n Reporting (last name, ftrst , middle initial) 2 . C o u r t o r O r g a r d z ~ f i o n 3 . D a t e o f l l e p o r tKom m ann , Cha r l e s B. Distr ic t o f South Dako ta 0J/ l 0/2010

4 . T i t l e ( A r t i c l e 1 1 ] j u d g e s i n d i c a t e a c t iv e o r s e r t i o r s t a tu s ; 5a. Report T~e (check appropriate type) 6. Reporting Periodmagistrate judges iodicate full- or part- t ime) 1- - ] Nomina t ion , D a t e 01/0112~912131/20095b . [] Am en d ed Rep o r t

7 . C h a m b e r ~ o r O f f ic e A d d r e s s 8 . O n t h e b a s i s o f t h e i n f o r m a t i o n c o n t a i n e d i n t h i s R e p o r t a n d a n ym o d i f i c a ti o n s p e r l a i n i n g t h e r e t o , i t i s ~ i n m y o p i n i o n , i n c o m p l i a n c e102 4 th Avenue SE, Suite 408 with appl icable laws and regula t ions .Aberdeen , SD 57401R e v i e w i n g Officer D a t e

I M P O R T A N T N O T E S : The ins truc t ions acco mp anying th~ f orm must be f o l lowec Co mp le t e a l l pa r t s ,checking the NONE box fiJr each pa r t where you have no repor table information. Sign on las t paga

I . P O S I T I O N S . ( X , ~ r , i ,g i ~ a ~ , ~ a , a o ~ y ; ~ , ~ , ~ . 9 q Z~ N O N E (No reportable positions.)

POSITION NAME OF ORGANIZATION~NTITY1. Gene~l pa~er ~l Komma~, a p~e~p2.

5 .

I I. A G ~ E M E N T S . ~cporting indi~Mual only; se, p~ 14-1~~ NONE (No reportable agreement~.)

PARTIES AND TE~S1.1-1-97 A~iclcs of Pa~crshJp, ~[ Korean


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FINANCIAL DISCLOSURE REPORT Name of Person Reporting Date of Re|,ortPage 2 of 8 Kor,,~,,n, ch~r~ B . o ~ / ~ o / ~ o l 0

I I I . N O N - I N V E S T M E N T I N C O M E . m ~ p o , - a , , g individaal and spouse; set pp. 17-24 of f dinE instructions.)A. Filers Non-Investment Income

NONE (No reportable non-investment income.)DATE, SOURCE AND TYPE INCOME

(yours, not spouses)I.

2.

3.

4.

B . S p o u s e s N o n - I n v e s t m e n t I n c o m e - tf ~.oa were married during anyj~ortion of th reportlng year, complete this section.(Dollar amoun t no t r equired excep t fo r honorar ia . )[~ NONE (No reportable non-investment income.)

~ SOl IRCE AND TYPE1.

2.

3.

4.

IV. REIMBURSEMENTS -(lt tcludes th~xTe to spo~ e anti depe ndent children; see pp. 2 5-27 o f filing instructions,)---] NONE (No reportable reimbursements.)

SOURCE ~ LOCATIO~q PURPOSE ITEMS PAID OR PROVIDED1. George Mason Univ. Fotmdali 11-28 to 12-6 Captiva, FL Educataional Semin~ $2 ,5 5 8 . 0 t )o n

2.3.4.

5.


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FINANCIAL DISCLOSURE REPORT N . ~ ,e o r ~ ~ r ~ o ~ R e o o ,~ Dateo[ReportPage 3 of 8 Kornmann, Charles B. 0 5 / 1 0 / 2 0 1 0

~ NONE (No reportable gifts.)SOURCE DESCRIPTION VALUE

1.2.3 .4.5.

V I . L I A B I L I T I E S . a , , .~ ,a~ , ,~o ~ , o / ~ . . . . .. a dependent children; set p p . 3 2 - 3 3 of fiBng instructions.)~ NONE (No reportable liabilities.)

CREDITOR DESCRII~flON VALUE CODEI . Grea t We s te rn Ban k, Aberdeen , SD Loan fo r r ea l e s t a t e p u rp o ses L2. l t ea l thca te Federa l Credi t Union , Abe Loan fo r r ea l e s t a t e p u rp o ses Lr d e en , SD3.4.5.


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F/NANCIAL DISCLOSURE REPORT ~ a m e o f r er ~ o ~ ~ p ~ . ~ u ~ t e o f a e p o .Page 4 of 8 K o r n m a n n , C h a r l e s B . 0 5 / 1 0 / 2 0 1 0

NONE ~o referable income, ~sets, or wansactions.)Descrip~on of Assets I n co m e d u n g Gross value at end of Trm~sact ions dur ing repo~g per i~(includ~g ~st ~ts) ~ r e p o ~ n g ~ f i~ r e p o ~ g ~ f io d

ex em p l f r o m p n o r * ~ l o Su ~ C~el div. , rem, C~e2 } Me thod buy, sell , (M o n t h - [Co d e2 Co d e l [ buyer /~l ler( A - H ) o r i n t . ) ( J - P ) [ C~te 3 * e d e m p t l o n ) D a y [ (J-P) [ (A-H) ] ( i fp~va te

I. Comm on s t ock , Red R ib~n , I nc . None J W2~ C o m m o n s t~ k , ] A lnt./Div. J W3. 1/3 own e r sh i p , hou se , T~da l l , SD B Rent J W4. fa~ land, Hamliu Co~, SD E Rent O W5. 4 3 . 8 4 % i n t e r e s t , p ~ c r , [ Ko m m ~ n E Distr ibution O W6. 43.84% ~tercst, p~eL [ Komm ann E 3 i s ~b u t i o n O W

~ 7 . SD Re t k em en t Sy s t em , m on~ l y b ~ e f i ts D Dis~bu t i on L W

8. I n t e r e s t i n B l a ck H i l ls ~ g l e I p a ~ e ~ M p A ~ t e r e s t J U9. B r a n d ~ i u e F u n d s h a r e s None L T

1 0 . M u r a l B e a co n Fu nd C L Z s h a r e s B Div i dend L TII. Mutual Discove~ Fuud Sh~s B Div id en d M T12 . M u r a l Ea r o p e a n Fu nd s h a r e s D Div i dend M T13 . Cen t e aMa l M oney M ~kc t T~s t , IRA tr us t A Int./Div. Re d e e me d 1 1 - 1 8 J AI4. Cen t enn i a l Money M a rke t Tm~ L I~ A ~t.~iv. Re d e e me d I 1 - 1 8 J A15 . Cen ten n i a l Mon ey M~ke t T ru s t (Wachov i A ln tJDiv . Re d e e me d 11-18 J ASecu r i t i e s )16 . O~tna rk Se l ec t Sha r e s A Div i dend L T17. Masters Select ~uity Fund Sh~es None L T

1 . Inc om e Ga i n C~ l c s : A =$1.000 or le ss B =$I .001 - 52 . 500 C =5 2 ,5 01 - 5 5 .000 D =$5 .001 - $15 ,000 E =5i5 ,00 i - $50 .000


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FINANCIAL D ISCLOSURE REPORT N a m e o f P e s o * R ~ i ~ ~,te ofa~tPage 5 of 8 K o r n m a n n , C h a r l e s B . 0 5 / 1 0 / 2 0 1 0

NO~ ~o repo~able income, assets, or tra~actions.)A. ~ B. C. D.l )~c~pt ion of Asse~ Income dur ing Gm~ va lue a t end o f Tr~s~6on s &~ng r e~ i ng p e r i od

Code 2 ~.le~ ~ buy~/scIler~Code6v,, ren k buy ~ 11 M o o t h - Code 2 t C~e I xem p t f r om p o o r d i s c lo s u r e ~ ( A - H ) o r i n t . ) ( J - P ) C~e 3 rede~ptio]0[ D a y ( J - P ) ] (A-H) ( i f p r i v a t e~ ............. ~ ~ ( Q - W ) . ~ a n m c t i o n )

1 8 . ~ e l n v e s ~ e n t C o m p a n y o f A r n ic a s h ~ w e s A Div i dend K T1 9 . ~ J D i v i d en d I n t e r e s t [ Komm~) A Div i dend J T20. Van~aard 5~ Index F~d~] Kornm~ B Dividend L T

n)21 . V ~ g u a r d G N M A F u n d ] Ko~a~) B Div i dend K T22 . Vanguard REIT Fund ~] Komma~) C Divfidend K T23 . ~ e o n n o t e s f l o ra ] members to~ A I n t e r ~ t J T~ Ko~24. T h o m b ~ g M o ~ g a g e , I n c . s h ~ ~ ] K t None Clo~d 9-2425 . ~ton Vance T~ M~aged BuyWdte Inc. F A Dividend J Tund b26 . Centennial Money Manet TI~I ~] K A ~t.~iv. Re d e e me d 11-18 J A2 7 _ Foreign condo invcstm~t ~] Komma None M W~)28 . Eato n Vanc e Tax Man ag ed Buy W r i t e Fund A Div i dend J TS B 129. ~ t o n Vanc e T~ G l ob a l B u y W r i te Fu nd ( A Div i dend K Tl K o m m an n )3 0. A G E d w ; ~ d s ma n a g c x l 1 ~ a c c o u a t ( f r o m r t D Distr ibution L T Tran s f e~cd 12-20 J DIlovers); ~ ( to l ine 42)31 . AG Ed w~ d s Ma n ag ed I ~ a c c o un t ( f ro m None M T Trm~sfe~r oHovc~ ) ( t o l~ e 41)3 2. Bl ackr ~k Enhm~ ccd D iv i d [ Ko r ~ m A Dividend J T33 . Everg reen G lb l OppW Fd ~ Ko rmnann C Div i dend K T3 ~. Ft. Spec Fin & Fin l Opp ty , ] ~ K o m m B Div i dend J T

I ncome Gmn Code ~ : A -$1,000 or le~, i ] !t =$1,001 - $2,51~ C =$2,501 - $5,~ D =$5,~1 - $15,~ E =$15,~I - $~.~


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FINANCIAL DISCLOSURE REPORT ~a~ of Pe~o~.po~g DateofRportPage 6 of 8 Kornmann, C h a r l e s B . 0 5 / 1 0 / 2 0 1 0VII. INVESTM ENTS an d TRU STS - ~ome, ~, ~s~o,~ a~ c t~d ~ ,ho se o Z~ ~ ~ ~ , ~ ; ~ ~ J4-~O oYm.g i~u~gio~)

~ N O N E (No reportable income, ~sets, or ~ansactio~.)....... A~ .......... I .... B.- C.- ~ ................... ~ ...........................D~c6pfion of A~e~ ~come during G r o ~ v a l u e a t e n d o f ~ T~sacfiom during ~g ~dod(L~clud~g ~st ~ts) ~po~ing ~dod ~ng ~ ~o) ~) ~,~ T- (2) ~- ~i3 .... (~ o) (4) -- ~~ ....Place "(X) " af t~ eacb a sset Amouut " l y~ (e.g., V~ V~ue ~ T~ {e.g., Date Value G~n Idemi~ ofexempt ~om prior disc lo~re Code I div., rent, Code 2 ~ Metb~ ~ buy, sell, Month - C ~ e 2 Code I bu~er l~ l ]er(A-~ orint.) (J-P) i C~e3 ~ r e d e mp t i o n ) Da y ( J -P) : (A-~ ~ ( i f p r iv a te3 5 . ~dersonRe~ement LLC l Kom None L Tm~)3 6 . Ileal~care Plus Fede~l Credit Un ion C Interest K T

~ 3 7 . ttealthcare Plus Federal Credit Union, A Div i dend J T~ Komm~

38. Blac~ckEnhanced Divid. A Dividend J T

3 9. Twin Homes, Aberdeen, SD None N R Buy 10-1 N40. Luella Jones Trust/Estate None Closed 12 - 31

4 I. Wells Fargo Managed Account (IRA) A Dividend M U Transferred 12-20 M(from line 31)42. Wells Fargo Managed Account (IRA)-] A Dividend L U Transferred 12-20 L

(from line 42)43 . Wells Fargo Managed Account (IRAI--] C Dis t r ib u t i o n L U Redeemed 12-20 J(p~)44 .45 .

I . In come Ga i n Codc :~ : A "$1,0(:O or le ss - B ~ $ 1 , 0 0 l - $ 2 , 5 0 0 C =$2 .501 - $ 5 ,000 D =$5,~1 $15,~0 E =$15,~1 - $50,0~ -(See Col~ BI and ~) F =$50,1~ I - $I~,~ G -1100,~1 - $1,~,~ HI ~$1,~,~I - $5,~.~ H2 =M~ ~ $5,~)0,~2. Value C~ J *$15 ,000 o r I~ s K =$15,~ 1 - $50,~0 L =$50,~ 1 - $1~,~ M =~ 1 ~,~l - $250,01~


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N a m e o f P e r s o n R e p o r t i n g D a t e o f R e p o r tFINANCIAL DISCLOSURE REPORTV ~ o r n ~ a n n , C h a r Z e s B .age 7 of 8 0 5 / 1 0 / 2 0 z 0

VIII. ADDITIONAL INFORMATION OR EXPLANATIONS. a,,,~c ,,,e~,a,~ oiRe, o,~)VII. INVESTMENTS AND TRUSTS (Con td. )Lin e 1 , Red R ibbon , In c . own s an un im p rov ed p a rc e l o f l an d i n In d i an a . I t is a Subohap t e r S c o rp o ra t i o n an d th e i n c ome an d l o s se s a r e p as se d th ro ugh to th es to ckho ld e r . There h av e b een n o d i s t r ibu t i o n s an d th e l an d c o n t i n u es t o p ro duc e n o i n c om e .L in e 3 , th i s i s a r en t a l p ro duc in g p ro p e r t y t o c ov e r a l l th e exp en ses . W e a r e t r y i n g t o s e l l i t .L in e 4 , thi s l an d i s l ea sed o n a c ash r en t b as i s .Line 5 and Line 6 , th is par tnersh ip owns 2 ap artme n t houses. Liquid investme n ts o f the par tnersh ip and incom e therefrom are rc~ :~ortcd in Part VII.L in e 11 , th i s i s the s am e ac coun t p r ev io u s l y l i s t ed i n p as t y ea r s a s M u tua l Disc ov e ry Fund Share s . They shn p ly chan g ed th e n a me to M u tua l G loba l Di sbu r semen tFtmd .Line s 13 , 14 and 15 . A .G . Edwa r d s wa s p u r cha s ed by Wa chov i a . Wachov i a wa s pu r cha s ed by We l l s Fa r go . The s e a ccoun t s we r e c l o s ed a s a r e s u l t w i t h t he f und sbe i ng he l d i n t he IRA accoun t s now m anaged by We l l s Fa r go .Lin e 24 , th i s a s s e t b ec ame wo r th l e s s d ue t o th e d e r iv a t iv e mo r tg ag e sc an d a l .L in es 30 an d 31 . Wachov ia acqu i r ed A.G. Edward s an d th en We l l s Fa rg o acqu ir ed Wachov ia . Th tk s , ac c oun t s h av e u ew n am es bu t a r e th e s ame a s p r ev io u s l y .L in e 35 , th i s i s a l im i t ed p a r t n e r sh ip i n t e r e s t , a v e ry sm a l l i n t e r e s t a s a l im i t ed p a rmer ; th e p a r t n e r sh ip i s o p e r a t i n g an a s s i s t ed c a r e hy in g f ac i l it y i n In d i an a .L in e 36 , th i s i s mon ey i n v es t ed i n t l e a l th c a r e P lu s Fed e r a l C red i t Un io n by th e r ep o r t i n g p a r t y . See i n fo rm a t i o n a l so a s t o L in e 37 .Line 37 , t h i s is m oney i nve~ t e d i n t t e a l t hca r e P lus Fede r a l Cr ed i t Un i on by- - " ] a nd Ko mm anu . I n t he 2008 re po r t , l l umped t og e t he r t he two a ccoun t s f o r ~an d Kom mann a r i d th e r ep o r t i n g p a r t y an d r ep o r t ed a l l t o t a l s c o r rec t l y .L in e 38 , thi s shou ld h av e been p r ev io u s l y r ep o r t ed s ep em te ly a s an a s se t o 1" - - - ~ an d Ko rnm ann . In a l l p r ev io u s r ep o r t s , a l l i n c ome an d o th e r i t ems w ere lumpedto g e th e r w i th th e i n t e r e s t he ld by th e r ep o r t i n g p a r t y an d a l l t o t a l s were r ep o r t ed c o r r ec t l y . See L in e 38 fo r th e ac coun t h e ld by th e r ep o r t i n g p a r t y o n ly .Line 39 , th is asset was constn~ c ted from scratch by repo rt ing party in 2{109, p ro th~ced no income bl~ t was a real estate investm en t which wil l p roduce income infu tu r e y ea r s .L in e 40 , th is i s a T ru s t!Es t a t e o f r ep o r t i n g p a r t y s d ec eased - - - - ] The e s t a t e ma d e d i s t r ibu ti o n s i n 2009 w i th a n e t r ep o r t ed l o s s b ec au se o f r ed un t i o rm in r ea l e s t a t eva l ue s i n F l o r i d a .Li n e 4 3 , b e c a u s e o f a g e - - ] . o n e I R A w i t hd r aw a l w a s r e q u i r e d b y f e d e r a l l aw . Th i s i s t he s am e a c c ou n t l i s t e d o n L i n e 42 .


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FINANCIAL DISCLOSURE REPORT N a m ~ o f r e .o n a e p o r . , ~ D a t e e t R e p o r tPage 8 of 8 K o r n m a n n , C h a r l es B . 0 5 / 1 0 / 2 0 1 0IX. CERTIFICATION.

I c e r ti f y t h a t a l l in f o r ma t i o n g i v e n a b o v e ( i n c l u d i n g i n f o r ma t i o n p e r t a i n in g t o m y s p o u s e a n d m i n o r o r d e p e n d e n t c h i ld r e n , i f a n y ) i sa c c u r a te , t r u e , a n d c o m p l e t e t o t h e b e s t o f my k n o w l e d g e a n d b e l i e f , a n d t h a t a n y i n f o r ma t i o n n o t r e p o r t e d w a s w i t hh e l d b e c a u s e i t m e t a p p l i c a bl e s t a t u to r yp r ov i s i o n s p e r m i t ti n g n o n - d i s c l o s u r e .! f u r th e r c e r t if y t h a i e a r n e d i n c o m e f r o m o u t s i d e e mp l o ym e n t a n d h o n o r a r i a a n d t h e a c c e p t a n c e o f g i f t s wh i c h h a v e b e e n r e p o r t e d a r e i ncom p l i a nce w i t h t he p r ov i s i on s o f 5 U .S.C. a pp . 5 01 eL s eq . , 5 I I.S .C. 7353 , a nd Jud i c i a l Con f e r e nce r e gu l a t i on s .

NOTE: ANY INDIVIDUAl, Wil t KNOW INGLY AND W ILFUI,I,Y FALSIFIES OR FAILS TO FILE THIS REPORT M AY BE SUB JECT TO CIVILAND CRIMINAL SANCTIONS (5 U.S.C. app . 104)

FILING INSTRUCTIONSM a i l s ig n e d o r i g in a l a n d 3 a d d i t i o n a l c o p i e s to :

C o m m i t te e o u F in a n c i a l D i s c lo s u r eAdm in i s t r a t i ve O f f i c e o f t h e Un i t e d S t a t e s Cou r t sSu i te 2 - 3 01One Co l um bus C i r c l e , N .E.W~ ksh ing ton , D.C. 20544

charles b kornmann financial disclosure report for 2009

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