Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Salud O. Carbajal (D-CA)
House · Democrat (most recent term) · CA-24 · in Congress 2017–present · Bioguide ID C001112
Party history: D 2017–present. Source: term data in unitedstates/congress-legislators (CC0); party shown is as recorded per term there.
Estimated net worth (from public disclosures)
| Estimate | Report year | Low | Mid | High |
|---|---|---|---|---|
| (a) Estimated net worth before entering office (report year 2016) | 2016 | −$597,990 | −$328,996 | −$60,003 |
| (b) Latest net worth estimate | 2025 | −$967,994 | −$193,998 | $579,997 |
| (c) Estimated gain / loss, nominal dollars, 2016 → 2025 (9 years spanned) | 2016–2025 | −$907,991 | +$134,998 | +$1,177,987 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): none for these two endpoints. Included in the recommended dollar-gain ranking.
Net worth by report year (mid; Low–High)
| Report year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2016 | $153,505 | $482,502 | −$328,996 | −$597,990 … −$60,003 | computed |
| 2017 | $137,506 | $890,002 | −$752,496 | −$1,160,988 … −$344,005 | computed |
| 2018 | $73,002 | $440,002 | −$367,000 | −$568,997 … −$165,003 | computed |
| 2019 | $115,502 | $440,002 | −$324,500 | −$533,997 … −$115,003 | computed |
| 2020 | $215,502 | $440,002 | −$224,500 | −$483,997 … $34,997 | computed |
| 2021 | $973,502 | $1,190,002 | −$216,500 | −$982,995 … $549,996 | computed |
| 2022 | $973,502 | $1,190,002 | −$216,500 | −$982,995 … $549,996 | computed |
| 2023 | $973,502 | $1,232,502 | −$259,000 | −$1,032,995 … $514,996 | computed |
| 2024 | $973,502 | $1,232,502 | −$259,000 | −$1,032,995 … $514,996 | computed |
| 2025 | $1,006,003 | $1,200,002 | −$193,998 | −$967,994 … $579,997 | computed |
- What this is: Net worth = Schedule A assets (each value range at its midpoint; low–high range shown) minus Schedule D liabilities (midpoints / ranges). Low = assets at range floors minus liabilities at range ceilings; Mid = midpoints; High = assets at ceilings minus liabilities at floors. Low and High are outer bounds of the reported ranges, not likely outcomes.
- What it excludes / understates: exact values (only ranges are reported); a personal residence is not reported as an asset (although a mortgage on it may be listed as a liability, which then lowers the estimate); retirement and federal accounts (e.g. Thrift Savings Plan, defined-benefit pensions) are only partly or not reported; assets of excepted/blind trusts, cash held below reporting thresholds, vehicles, household goods and most spouse/dependent items exempt from reporting are not included; liabilities on a personal residence, revolving credit under thresholds and loans to family may be omitted by filers.
- Open-ended top ranges (e.g. “Over $50,000,000”) are counted at their lower bound and flagged, so such values are understated.
- The change is a change in estimated net worth in nominal dollars (no inflation adjustment). It includes salary, gifts, inheritances, business income and re-valuation as well as investment results, and it is subject to range-bracket noise; it is not an investment return and implies nothing about conduct.
Read this first. Members report asset values only as ranges (e.g. “$15,001 – $50,000”), never exact dollars. Every figure below is an estimate computed from range midpoints, not a measured return. Figures cannot be interpreted as investment performance, and they do not show wrongdoing or skill. Methodology and limitations are at the end and in the project README. Sources: public financial disclosure reports filed with the Clerk of the U.S. House of Representatives and/or the Secretary of the Senate (Senate eFD), linked below.
Avg. annual change (geometric, est.)+3.0%
Simple average of years+13.3%
Years estimated7
Best / worst single year2020 +87%
2017 -63%
2017 -63%
Reliability flags: 2 year(s) driven by income/one position/range artefact.
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): -9.6% to +4.3%. This band is narrow because it moves both years together; the true uncertainty is larger — see the per-year “strict envelope” column and the limitations.
Estimated year-over-year change
Bars: midpoint estimate; whisker: same-position floor/ceiling band. Axis clipped to −100%…+150%. Years with insufficient traceable holdings are omitted.
| Year (t−1 → t) | Opening value (mid) | Closing value (mid) | Income (mid) | Buys (mid) | Sales (mid) | Est. gain | Same-position band | Strict envelope | Traced coverage | Status / flags |
|---|---|---|---|---|---|---|---|---|---|---|
| 2016→2017 | $129,504 | $48,504 | $0 | $0 | $0 | -62.5% | -87.7% … -56.7% | -158% … +32% | 84% | counted |
| 2017→2018 | $48,502 | $73,002 | $201 | $0 | $0 | +50.9% | +44.2% … +82.4% | -101% … +203% | 35% | excluded; not eligible: traced prior-year value below $50,000 |
| 2018→2019 | $73,002 | $115,502 | $201 | $0 | $0 | +58.5% | +43.8% … +112.9% | -67% … +184% | 100% | counted; single position drives the result (range jump) |
| 2019→2020 | $115,502 | $215,502 | $201 | $0 | $0 | +86.8% | +75.8% … +91.2% | -42% … +216% | 100% | counted; single position drives the result (range jump) |
| 2020→2021 | $215,502 | $215,502 | $701 | $0 | $0 | +0.3% | +0.2% … +0.4% | -92% … +93% | 100% | counted |
| 2021→2022 | $973,502 | $973,502 | $33,202 | $0 | $0 | +3.4% | +2.5% … +3.8% | -72% … +78% | 100% | counted |
| 2022→2023 | $0 | $0 | $0 | $0 | $0 | n/a | n/a … n/a | n/a … n/a | 0% | excluded; not eligible: traced prior-year value below $50,000 |
| 2023→2024 | $933,002 | $933,002 | $32,500 | $0 | $0 | +3.5% | +2.5% … +4.0% | -70% … +77% | 96% | counted |
| 2024→2025 | $933,002 | $933,002 | $32,500 | $0 | $0 | +3.5% | +2.5% … +4.0% | -70% … +77% | 96% | counted |
Filings used
Each annual-report year uses one filing (most recently filed version among originals/amendments whose Schedule A row count is ≥ 40% of the largest). Electronic (text) PDFs are parsed. Scanned/image-only filings are OCR-read and used only if they pass the explicit validation gates described in the project README (value/income coverage, two-engine agreement, exact bracket snapping, page completeness, year-to-year position continuity); such years are labelled OCR-derived below. Scanned filings that fail validation are listed as “insufficient data – scanned”.
| Report year | Doc ID | Type | Filed | Schedule A rows | Rows with unparsed value | Source (official filing) / SHA-256 |
|---|---|---|---|---|---|---|
| 2016 | 10022175 | House amendment | 5/10/2018 | 10 | 0 | 10022175.pdf9d6fe6b68de7d83f370debb9261da287afd5ebc765d2ecd3e1f23e9c957b72fd |
| 2017 | 10020706 | House annual | 5/10/2018 | 12 | 0 | 10020706.pdf9bdbfaa9669ece424fc43f54c5406bdf1e4d3bb1ba560844b73c7fd86609cc0c |
| 2018 | 10027455 | House amendment | 5/13/2019 | 3 | 0 | 10027455.pdf88cf4e7ff616ae6a347b0fb44f5e8b364166e1051d7cb708b27395d82d1e7a4a |
| 2019 | 10036929 | House amendment | 7/15/2020 | 3 | 0 | 10036929.pdf24e2bbd548a2f413ca534a875fa8187a4d5720ccca71fa1f0ad9efe177159921 |
| 2020 | 10041883 | House annual | 7/30/2021 | 3 | 0 | 10041883.pdf0b3900d3b91a8a959c35456462652236f780b43c1401e8f6612b1f7748201e04 |
| 2021 | 10048340 | House annual | 7/29/2022 | 5 | 0 | 10048340.pdfbc09f4f31557a577159af9ad6099ee4a2c2d78ea61eafc9e6e4708838c356bec |
| 2022 | 10053919 | House annual | 8/7/2023 | 5 | 0 | 10053919.pdf6655dc56e74c8d5e090b5351ae97e9313c43eddca33b000ca96d12f566029e6c |
| 2023 | 10060345 | House annual | 8/5/2024 | 5 | 0 | 10060345.pdfa78a57e8cec9497091a2ad421a96aecfd5e0ccd844af683b17ee8b9f5952e61e |
| 2024 | 10067103 | House annual | 5/6/2025 | 5 | 0 | 10067103.pdfd53183432a686f32836f1c6bb5357bb4031ac62c0098db406a55a3bf0aa09300 |
| 2025 | 10077955 | House annual | 7/23/2026 | 6 | 0 | 10077955.pdf3b817bffbd3728aaf2721c67200f16a6f1bc5b92a893221f0427d4d67ffda6ca |
Largest movers 2021→2022
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Wells Fargo Savings [BA] | JT | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Teachers Insurance Annuity Association 403(B) Deferred Compensation Plan [FN] T4 (TIAA 377 | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Pacific Premier Bank Checking [BA] SBCERS [PE] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Wells Fargo Checking [BA] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Islay Residence [RP] | JT | held | $500,001 - $1,000,000 | $500,001 - $1,000,000 | $0 | $0 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Special Olympics Southern California 403(B) DC Plan [PE] | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Islay Rental Residence [RP] | JT | held | $500,001 - $1,000,000 | $500,001 - $1,000,000 | $0 | $0 |
| Wells Fargo Checking Account [BA] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Special Olympics Southern California 403(B) DC Plan [PE] | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Islay Rental Residence [RP] | JT | held | $500,001 - $1,000,000 | $500,001 - $1,000,000 | $0 | $0 |
| Wells Fargo Checking Account [BA] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Method (summary)
- Schedule A asset rows are read from each annual report; the dollar range for each row is converted to its midpoint. Open-ended top ranges (“Over $50,000,000”) are excluded from the traced set and counted as a coverage loss.
- Positions are matched year to year by owner code (self/SP/DC/JT) + normalised asset name. A position that appears only in year t is included only if Schedule B shows a purchase of it in year t (opening value 0); a position that disappears is included only if Schedule B shows a sale (closing value 0). Otherwise it is excluded as unexplained.
- Estimated gain = (closing − opening + reported income − purchases + sale proceeds) ÷ opening, all at midpoints, for the traced positions. “Capital gains” income is not added again (it is already in value change and sale proceeds).
- A year counts only if traced opening value ≥ $50,000 and traced coverage ≥ 60% of the opening midpoint. A member is ranked only with ≥ 3 such years (exactly 2 = “limited data”, shown but unranked). Average = geometric mean of (1+yearly estimate).
Limitations
- Ranges are wide (up to a factor of 5 or more, and up to $50M+ open-ended); a holding can move between ranges without any real change in value, and stay in a range while moving materially. Yearly estimates are therefore noisy; the “strict envelope” shows the mathematical worst/best case and is typically wider than ±100%.
- Purchases and sales are only disclosed as ranges and only for transactions over $1,000; partial sales, dividend reinvestment, spousal/dependent accounts and retirement-plan funds are reported inconsistently. Excepted/blind trusts, personal residences and certain pensions are not reported at all.
- Filers sometimes change how they list assets (e.g. listing a brokerage account vs. its individual holdings), which can make positions untraceable across years; these are excluded rather than guessed.
- Asset values in an annual report are as of Dec 31 of the reporting year; the report year t−1→t covers that calendar year. Late or amended filings are used when filed; extensions can delay them.
- The text of these reports is machine-parsed from PDFs; parse errors are possible. Every number links back to the cited filing. This is not investment advice.
- Use of these filings is restricted by 5 U.S.C. § 105(c) (no unlawful, commercial or credit-rating purpose, and none for solicitation of money).
Generated 2026-10-01 by an automated pipeline. Data: Office of the Clerk, U.S. House of Representatives (disclosures-clerk.house.gov); member roster: unitedstates/congress-legislators (CC0).