Other candidates’ net worth range from $1,284 to $1.5 million
Not only has Sarasota City Commissioner Hagen Brody reported on a state financial disclosure form that his only income is his board salary, but, in filling out a state form required of County Commission candidates, he has listed his net worth as a negative $95,302.14, The Sarasota News Leader has learned.
The “Form 6” documents that the state requires of all candidates for county commission is more detailed than the annual “Form 1” documents that members of the City Commission must file.
Brody is among three Democratic candidates and two Republicans who are seeking to win the District 2 Sarasota County Commission seat that Commissioner Christian Ziegler will vacate in late November.
The other County Commission candidates for District 2 listed their 2022 net worth on the Form 6 documents as follows:
- Former Sarasota Mayor and City Commissioner Fred “Glossie” Atkins of Newtown — $1,284.
- Mike Cosentino, a Siesta Key resident who owns a construction business — $825,300.
- Lourdes Ramirez of Siesta Key, a community activist who has been president of two neighborhood organizations — $389,500.12.
- Mark Smith, a Siesta Key architect — $1,501,312.
Atkins noted that his net worth figure was as of early June of this year, while Brody’s form said his figure was current as of June 1.
Cosentino listed the date of his net worth figure as Jan. 1, while both Ramirez and Smith wrote that their totals were current as of Dec. 31, 2021.
The two Republican candidates and solitary Democrat seeking to succeed Commissioner Alan Maio in the District 4 seat on the County Commission listed their net worth as follows:
- Mark Hawkins of Sarasota, who owns a home construction firm — $1,409,000 as of May.
- Daniel Kuether of Sarasota, a tech entrepreneur — $73,559.86 as of Dec. 31, 2021.
- Chiropractor and past Venice City Council member Joe Neunder of Venice — $161,386.64 as of May 31.
Brody’s financial breakdown
On his form, Brody wrote that the value of his household goods and personal effects was $7,500. He then listed the following assets valued at more than $1,000:
- His vehicle — an estimated $4,000.
- His single-family home in Sarasota — $342,000, based on a Zillow estimate.
- Funds he has accumulated in the Florida Retirement System — $5,485.
- Cash in a Bank of America account — $2,595.70.
For liabilities, Brody listed the following:
- A mortgage — $101,522.05.
- Student loans — $355,360.79.
Additionally, as on the Form 1 document he filed with the Office of the City Auditor and Clerk on July 30, he noted that his only source of income exceeding $1,000 is his City Commission salary. He put that at $30,839.16.
On his Form 6, Atkins did not list any assets valued at more than $1,000. He also provided no information about liabilities.
His primary source of income, he wrote, was Supplemental Security Income from the federal government, which is public assistance for disabled individuals. He put the amount at $12,000 a year.
Further, he noted that he serves as a substitute teacher in the Sarasota County School District. No line is included on the form for income from a secondary source.
One other part of the form calls for a candidate to list “Interests in Specified Businesses,” as explained in instructions to the filers.
In that section, Atkins listed F.A.C.E.S. with an address on 35th Street in Sarasota, where he provides tutoring as the CEO. He wrote, “Yes” in response to the question asking if he owned more than a 5% interest in that business.
Cosentino’s assets and liabilities
On his form, Cosentino wrote that the total value of his household goods and personal effects was $25,000. He listed his other assets worth more than $1,000 as follows:
- 1968 motor home — $5,000.
- 1996 boat for the flats — $5,000.
- 2010 boat trailer — $1,000.
- 2006 “dump trailer”: — $1,000.
- 2017 Chevy Silverado — $35,000.
- 1973 houseboat — $50,000.
- Golf club membership — $100,000.
- Sole shareholder in Cosentino Construction Co. — $134,000.
- His property located at 10 Beach Road — $50,000.
- His home on Avenida de Mayo — $482,300.
The total was $863,300.
In regard to liabilities, Cosentino noted Cardinal Financial Co. Ltd. Partnership — $168,000.
As for his primary source of income, he listed K1 Cosentino Construction at $63,000.
On his financial disclosure form, Hawkins noted that his home in Sarasota is valued at $1.4 million. Additionally, he wrote, he has a 1997 Porsche worth $95,000; a 2014 Infinity with a value of $32,000; a 2018 Ford F150 worth $32,000; and a 25-foot Wellcraft boat valued at $29,000.
His household goods, he added, are worth $31,000.
His liabilities, he wrote, are a $400,000 mortgage on his house; a $95,000 business loan from Truist Bank; and $15,000 in payments left on his Ford truck.
His primary source of income, he noted, is his business, Hawk’s Nest Construction, from which he received $175,000. He also reported Social Security payments that added up to $29,400.
In his report, Kuether wrote that the value of his household goods and personal effects is $10,000.
His Sarasota home is worth $850,000, he noted.
Kuether also listed a 2021 Hyundai Venue valued at $6,970.60 and a 401K account with $21,320.15.
As for liabilities: He noted a mortgage on his house with Fifth Third Bank — $803,545.23; and lease payments on his vehicle — $10,185.36.
Kuether wrote that his primary sources of income for the reporting period were LWR Communities LLC, in Lakewood Ranch, from which he received $14,432; and Trinet HR III Inc. in Dublin, Calif., which paid him $41,208.
On his Form 6, Neunder listed the value of his household goods and personal effects at $175,000.
He listed as his assets his home, valued at $426,600; a 401K retirement account — $111,650.58, as of May 31; a Bank of America checking account — $4,577.84; and a savings account with the bank — $43,035.74.
He noted the following liabilities:
- Student loans — $303,188.
- A mortgage on his house — $256,378.12.
- A car loan — $5,333.56.
Neunder listed his primary sources of income as his chiropractic practice — $35,211.24; and his income as a member of the Venice City Council prior to his resignation earlier this summer — $10,200.06.
On her Form 6 report, Ramirez noted that the aggregate value of her household goods and services is $25,000.
She listed her assets as follows:
- Her share of her Siesta Key home — $213,350.
- An IRA account — $79,805.22
- Cash value of her life insurance policy — $45,698.
- A checking account with Truist Bank — $5,498.88.
- A checking account for her business, Siesta Key Community — $20,148.02.
Ramirez listed no liabilities in excess of $1,000.
In his documentation, Smith put the value of his household goods and personal effects at $75,000.
He then listed 24 assets valued at more than $1,000. Among those were the following:
- His Siesta Key home — $1,250,000.
- A 2019 Jeep Wrangler — $34,400.
- Bank of America accounts — $58,286.
- Equipment for his business, Smith Architects — $73,439.
Smith also listed the value of various stocks he holds, including Pfizer Inc. — $59,050; United Airlines — $65,670; Norwegian Cruise Lines — $71,553; and US Steel — $47,620.
In regard to liabilities: Smith noted a mortgage of $322,117, plus $1,545 that he owes the Bank of America.
Smith also listed the income from his firm as $81,839, along with income from stock sales handled by Charles Schwab & Co. — $142,800.
The largest single amount he reported from the sale of stock was $59,436, for AMC Entertainment shares.