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.
Showing posts with label Follow the Money. Show all posts
Showing posts with label Follow the Money. Show all posts
Tuesday, August 4, 2009
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