Inancial D iScloSure ePort

financial DiScloSure rePort

Filing ID #10021784

Clerk of the House of Representatives ? Legislative Resource Center ? 135 Cannon Building ? Washington, DC 20515

filer information

name: Status: State/District:

Hon. Elijah E. Cummings Member MD07

filing information

filing type: filing year: filing Date:

Annual Report 2017 05/14/2018

ScHeDule a: aSSetS anD "unearneD" income

asset

owner value of asset income type(s)

132 Randolph Place, NW [RP] LOCATION: Washington, DC, US

SP

$500,001 -

$1,000,000

None

income tx. > $1,000? gfedc

2014 Madison Ave., Baltimore, MD 21217 [RP] LOCATION: Baltimore, MD, US

$250,001 $500,000

Rent

$5,001 $15,000

gfedc

2221 St. Paul St., Baltimore, MD 21218 [RP] LOCATION: Baltimore, MD, US

$250,001 $500,000

Rent

$15,001 $50,000

gfedc

Capital Gains Income from sale of ADP Retirement Plan SP Assets (See, Description, Below) [OT]

$50,001 $100,000

Capital Gains

$50,001 $100,000

gfedcb

DESCRIPTION: Capital Gains Income from total sale (cash-out) of Spouse's ADP Retirement Plan Assets listed in Schedule B and, in 2017, previously listed in Schedule A.

Global Policy Solutions, LLC, 100% Interest [OL]

SP

$250,001 -

$500,000

None

gfedc

LOCATION: Washington, DC, US DESCRIPTION: Consulting firm COMMENTS: See, Schedule C - Global Policy Solutions, LLC - Spouse Salary

asset

owner value of asset income type(s)

Wright Patman Roth IRA - Congressional Federal Credit SP Unition [IH]

$1,001 - $15,000 Interest

income $1 - $200

tx. > $1,000?

gfedc

* For the complete list of asset type abbreviations, please visit .

ScHeDule b: tranSactionS

asset

owner Date

tx. amount type

cap. gains > $200?

Black Rock Equity Dividend Fund - INVA [MF]

SP

12/6/2017

S

$1,001 - $15,000

gfedcb

DESCRIPTION: One of the assets in the liquidation of Spouse's ADP Retirement Plan: 18.9% on 11/7/17 and the remaining 81.1% on 12/6/17. COMMENTS: Asset of Spouse's ADP Retirement Plan totally liquidated (cashed-out) in 2017

Invesco Stable Asset Fund [MF]

SP

12/6/2017

S

$1,001 - $15,000

gfedcb

DESCRIPTION: One of the assets in the liquidation of Spouse's ADP Retirement Plan: 18.9% on 11/7/17 and the remaining 81.1% on 12/6/17. COMMENTS: Asset of Spouse's ADP Retirement Plan totally liquidated (cashed-out) in 2017

Janus Overseas Fund [MF]

SP

12/6/2017

S

$1,001 - $15,000

gfedcb

DESCRIPTION: One of the assets in the liquidation of Spouse's ADP Retirement Plan: 18.9% on 11/7/17 and the remaining 81.1% on 12/6/17. COMMENTS: Asset of Spouse's ADP Retirement Plan totally liquidated (cashed-out) in 2017

Perkins Small Cap Value Fund [MF]

SP

12/6/2017

S

$1,001 - $15,000

gfedcb

DESCRIPTION: One of the assets in the liquidation of Spouse's ADP Retirement Plan: 18.9% on 11/7/17 and the remaining 81.1% on 12/6/17. COMMENTS: Asset of Spouse's ADP Retirement Plan totally liquidated (cashed-out) in 2017

PIMCO Total Return Fund - A [MF]

SP

12/6/2017

S

$1,001 - $15,000

gfedcb

DESCRIPTION: One of the assets in the liquidation of Spouse's ADP Retirement Plan: 18.9% on 11/7/17 and the remaining 81.1% on 12/6/17. COMMENTS: Asset of Spouse's ADP Retirement Plan totally liquidated (cashed-out) in 2017

SSgA S&P Midcap Index Fund [MF]

SP

12/6/2017

S

$1,001 - $15,000

gfedcb

DESCRIPTION: One of the assets in the liquidation of Spouse's ADP Retirement Plan: 18.9% on 11/7/17 and the remaining 81.1% on 12/6/17. COMMENTS: Asset of Spouse's ADP Retirement Plan totally liquidated (cashed-out) in 2017

SSgAnS&P 500 Index Fund [MF]

SP

12/6/2017

S

$1,001 - $15,000

gfedcb

DESCRIPTION: One of the assets in the liquidation of Spouse's ADP Retirement Plan: 18.9% on 11/7/17 and the remaining 81.1% on 12/6/17. COMMENTS: Asset of Spouse's ADP Retirement Plan totally liquidated (cashed-out) in 2017

T.Rowe Price Retirement 2030 Fund - R [MF]

SP

12/6/2017

S

$1,001 - $15,000

gfedcb

DESCRIPTION: One of the assets in the liquidation of Spouse's ADP Retirement Plan: 18.9% on 11/7/17 and the remaining 81.1% on 12/6/17. COMMENTS: Asset of Spouse's ADP Retirement Plan totally liquidated (cashed-out) in 2017

asset

owner Date

tx. amount type

cap. gains > $200?

Victory Establishment Value Fund A [MF]

SP

12/6/2017

S

$1,001 - $15,000

gfedcb

DESCRIPTION: One of the assets in the liquidation of Spouse's ADP Retirement Plan: 18.9% on 11/7/17 and the remaining 81.1% on 12/6/17. COMMENTS: Asset of Spouse's ADP Retirement Plan totally liquidated (cashed-out) in 2017

* For the complete list of asset type abbreviations, please visit .

ScHeDule c: earneD income

Source

type

amount

Global Policy Solutions

Spouse Salary

N/A

National Association of Counties Financial Services Corporation, Spousal Board Services

N/A

Washington, DC

Maryland State Employees Pension Plan

Defined Benefit Pension Payments from 14 $15,959.00 years service in Maryland General Assembly

ScHeDule D: liabilitieS

owner creditor

Date incurred type

CitiBank Home Line of Credit, San Antonio, TX

November 2004 Home Equity Mortgage

SP

Suntrust Mortgage, Richmond, VA 2016

1st Mortgage on 2221 St. Paul St., Baltimore, MD

COMMENTS: Refinance of prior 1st Mortgage to Central Loan Administration & Reporting, Ewings, NJ

amount of liability $100,001 $250,000 $250,001 $500,000

SP

Roundpoint Mortgage Mortgage

Servicing Corporation

2016

1st Mortgage on 132 Randolph Place, NW, $250,001 -

Washington, DC

$500,000

COMMENTS: Mortgage, previously sold by Roundpoint to Wells Fargo Home Mortgage was purchased back by Roundpoint

CitiGroup VISA Card

Ongoing 2013

Revolving charge card

$10,000 - $15,000

ScHeDule e: PoSitionS

Position Board Member Board Member Board Member Board Member

name of organization Morgan State University Board of Regents US Naval Academy Board of Visitors Community Assistance Network SEED School of Baltimore

Position Board Member

name of organization Shepherd's Clinic

ScHeDule f: agreementS

Date

Parties to

January 2011

Maryland State Government - Elijah E. Cummings

terms of agreement Agreement to continue participation in Maryland State Government Pension Plan. Standard Terms. Receiving monthly retirement pension payments earned during 14 years of service in Maryland House of Delegates.

ScHeDule g: giftS

None disclosed.

ScHeDule H: travel PaymentS anD reimburSementS

Source

Start Date

trip Details

end Date itinerary

Kansas City SCLC

01/16/2017 01/18/2017 Washington, DC -

Foundation, Kansas City,

Kansas City, MO -

MO

Washington, DC

University of Cincinnati 02/23/2017 02/24/2017 BWI - Cincinnati BWI

Florence, SC NAACP

04/28/2017 04/29/2017 Washington, DC Florence, SC Washington, DC

Days at own exp.

0

inclusions

lodging? food? family?

gfedcb

gfedcb

gfedc

0

gfedcb

gfedcb

gfedc

0

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ScHeDule i: PaymentS maDe to cHarity in lieu of Honoraria

Source

activity

Date

Southern Christian Leadership Conference

Speech

01/16/2017

19th Street Baptist Church

Speech

02/12/2017

Mike Walton, Montessori School Board Chair

Speech

03/31/2017

Victory Prayer Chapel

Speech

04/1/2017

Florence, SC, NAACP

Speech

04/28/2017

amount $1,000.00 $500.00 $1,000.00 $500.00 $1,500.00

charity name

excluSionS of SPouSe, DePenDent, or truSt information

iPo: Did you purchase any shares that were allocated as a part of an Initial Public Offering? nmlkj Yes nmlkji No

nmlkj Yes nmlkji No trusts: Details regarding "Qualified Blind Trusts" approved by the Committee on Ethics and certain other "excepted trusts" need not be disclosed. Have you excluded from this report details of such a trust benefiting you, your spouse, or dependent child? nmlkj Yes nmlkji No exemption: Have you excluded from this report any other assets, "unearned" income, transactions, or liabilities of a spouse or dependent child because they meet all three tests for exemption? nmlkj Yes nmlkji No

commentS

certification anD Signature

gfedcb I CERTIFY that the statements I have made on the attached Financial Disclosure Report are true, complete, and correct to the best of my knowledge and belief. Digitally Signed: Hon. Elijah E. Cummings , 05/14/2018

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