Profits are up on the Bachmann family farm in Buffalo County, Wisconsin. Michele Bachmann's 2009 Financial Disclosure Statement reported profits of between $15,001-$50,000 from the Bachmann Farm Family Limited Partnership in 2008. Bachmann failed to list the profits from the farm on her 2008 disclosure statement, but in 2007, she reported between $5,001-$15,000 profits in 2006.
The Bachmann Farm Family Limited Partnership comprises 949 acres spread out over 36 parcels in Montana Township in west-central Wisconsin's Buffalo County. The Partnership was formed in 2001. The parcels were assessed in 2006 at $335,200 and $10,200, respectively.
In 2007, Karl Bremer reported that land owned by the Bachmann Farm Family Limited Partnership had collected at least $127,868 in federal farm subsidies since the partnership was formed in 2001. Federal subsidies for the Bachmann farm averaged about $30,000 between from 2003-2005, the most recent years for which data is available.
In addition to her farm income, Bachmann also reported 2008 dividends of between $50,001-$100,000 from Bachmann & Associates Psychotherapy in Lake Elmo, an asset she values at between $100,001-$250,000. She reported no net profits from Bachmann Clinic Properties in Lake Elmo, which presumably house the Bachmann psychotherapy clinic.
Bachmann filed her 2008 Financial Disclosure Statement over a month late on June 26. She has yet to file it on time since being elected.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment