Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Richard McCormick (R-GA)
House · Republican (most recent term) · GA-7 · in Congress 2023–present · Bioguide ID M001218
Party history: R 2023–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 2022) | 2022 | −$726,951 | −$3,476 | $719,999 |
| (b) Latest net worth estimate | 2025 | $473,069 | $1,184,034 | $1,895,000 |
| (c) Estimated gain / loss, nominal dollars, 2022 → 2025 (3 years spanned) | 2022–2025 | −$246,930 | +$1,187,510 | +$2,621,951 |
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 |
|---|---|---|---|---|---|
| 2022 | $746,524 | $750,000 | −$3,476 | −$726,951 … $719,999 | computed |
| 2023 | $936,030 | $750,000 | $186,030 | −$657,939 … $1,029,999 | computed |
| 2024 | $1,253,531 | $750,000 | $503,530 | −$472,938 … $1,479,999 | computed |
| 2025 | $1,184,034 | $0 | $1,184,034 | $473,069 … $1,895,000 | 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.
Limited data – not ranked. Only 2 comparable year-pair(s) could be computed (minimum 3 to rank). 4 annual filing(s) were usable (text-readable, validated OCR, or validated X-mark decoding) and 0 scanned/image-only filing(s) could not be used (older layouts failing validation, small amendments not integrated). See the method-per-year section below.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022→2023 | $576,520 | $936,030 | $2,008 | $272,017 | $0 | +15.5% | +8.3% … +48.2% | -193% … +224% | 77% | counted; many new/exited positions |
| 2023→2024 | $903,530 | $1,253,531 | $2,008 | $350,001 | $0 | +0.2% | +0.1% … +0.3% | -161% … +161% | 97% | counted |
| 2024→2025 | $703,518 | $785,020 | $0 | $585,506 | $169,506 | -47.5% | -75.4% … -40.7% | -223% … +128% | 56% | excluded; not eligible: traced coverage 56% < 60%; high turnover (buys+sells > 100% of opening value); many new/exited positions |
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 |
|---|---|---|---|---|---|---|
| 2022 | 10071839 | House amendment | 9/17/2025 | 49 | 0 | 10071839.pdf1b8fde715aa81ff9f7bbe07974e577a2b564e52258cffab31b0049a98a48bb54 |
| 2023 | 10072478 | House amendment | 9/17/2025 | 67 | 0 | 10072478.pdfca483f9d53fe343f2404fef33828029213f64d6ebcff3990adf02d8d19e027a2 |
| 2024 | 10067148 | House annual | 8/13/2025 | 62 | 0 | 10067148.pdf8baa9bc32d85ba6a9b68735598534931ae5d92af8b0934aade4b1626661a95b1 |
| 2025 | 10075846 | House annual | 7/29/2026 | 78 | 0 | 10075846.pdf8cf722b7d500a4e9a11794a0534bc3e27e009ea2bc2ef77f7b46d8e12bf08fcf |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Suburban Hematology-Oncology Assoc. P.C, 10% Interest [OL] | — | held | $1,001 - $15,000 | $100,001 - $250,000 | $0 | $0 |
| Growth Partners Roth IRA ⇒ Neuberger Berman Genesis Institutional (NBGIX) [MF] | — | new | — | $15,001 - $50,000 | $8,000 | $0 |
| Fidelity Brokerage Services ⇒ iShares S&P 500 Growth ETF (IVW) [EF] | SP | held | $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Brokerage Services ⇒ SPDR Select Sector Fund - Energy Select Sector (XLE) [EF] | SP | held | $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Brokerage Services ⇒ iShares Core MSCI Emerging Markets ETF (IEMG) [EF] | SP | held | $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Brokerage Services ⇒ Vanguard Tax-Exempt Bond ETF (VTEB) [EF] | SP | held | $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Brokerage Services ⇒ SPDR Select Sector Fund - Industrial (XLI) [EF] | SP | held | $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Brokerage Services ⇒ Vanguard Short-Term Treasury ETF (VGSH) [EF] | SP | held | $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Growth Partners Roth IRA ⇒ Fidelity Advisor Total Bond Fund: Class I (FEPIX) [MF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Growth Partners Roth IRA ⇒ Neuberger Berman Genesis Institutional (NBGIX) [MF] | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| Growth Partners Roth IRA ⇒ Intercontinental Exchange Inc. Common Stock (ICE) [ST] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Brokerage Services ⇒ Fidelity MSCI Communication Services Index ETF (FCOM) [EF] | SP | held | $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000; $1,001 - $15,000 | $0 | $0 |
| The Investment Company of America - A [MF] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Growth Partners Roth IRA ⇒ Walmart Inc. Common Stock (WMT) [ST] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Brokerage Services ⇒ iShares S&P 500 Growth ETF (IVW) [EF] | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Brokerage Services ⇒ SPDR Select Sector Fund - Energy Select Sector (XLE) [EF] | SP | 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).