Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Richard E. Neal (D-MA)
House · Democrat (most recent term) · MA-1 · in Congress 1989–present · Bioguide ID N000015
Party history: D 1989–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 at the earliest available report (2014); the member entered office earlier, in 1989 | 2014 | $33,010 | $133,504 | $233,999 |
| (b) Latest net worth estimate | 2025 | −$798,995 | −$390,998 | $16,999 |
| (c) Estimated gain / loss, nominal dollars, 2014 → 2025 (11 years spanned) | 2014–2025 | −$1,032,994 | −$524,502 | −$16,011 |
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 |
|---|---|---|---|---|---|
| 2014 | $166,005 | $32,500 | $133,504 | $33,010 … $233,999 | computed |
| 2015 | $241,004 | $12,500 | $228,504 | $104,009 … $353,000 | computed |
| 2016 | $265,004 | $12,500 | $252,504 | $118,008 … $387,000 | computed |
| 2017 | $289,504 | $0 | $289,504 | $147,008 … $432,000 | computed |
| 2018 | $180,005 | $0 | $180,005 | $77,010 … $283,000 | computed |
| 2019 | $597,506 | $0 | $597,506 | $326,013 … $869,000 | computed |
| 2020 | $390,006 | $0 | $390,006 | $211,011 … $569,000 | computed |
| 2021 | $357,505 | $0 | $357,505 | $196,010 … $519,000 | computed |
| 2022 | $592,004 | $0 | $592,004 | $330,009 … $854,000 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2023 | $492,004 | $750,000 | −$257,996 | −$719,991 … $203,999 | computed |
| 2024 | $217,003 | $750,000 | −$532,998 | −$883,994 … −$182,001 | computed |
| 2025 | $359,002 | $750,000 | −$390,998 | −$798,995 … $16,999 | 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.)+35.1%
Simple average of years+39.7%
Years estimated5
Best / worst single year2025 +71%
2019 -5%
2019 -5%
Reliability flags: 3 year(s) driven by income/one position/range artefact; 1 unparsed value(s).
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +38.0% to +34.1%. 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2014→2015 | $165,504 | $241,004 | $33,003 | $0 | $0 | +65.6% | +61.4% … +66.9% | -69% … +200% | 100% | counted; single position drives the result (range jump) |
| 2015→2016 | $17,502 | $49,502 | $32,702 | $0 | $0 | +369.7% | +301.2% … +1496.4% | -6% … +745% | 7% | excluded; not eligible: traced prior-year value below $50,000 |
| 2016→2017 | $32,500 | $32,500 | $32,500 | $0 | $0 | +100.0% | +100.0% … +100.0% | -62% … +262% | 12% | excluded; not eligible: traced prior-year value below $50,000 |
| 2017→2018 | $73,502 | $73,502 | $32,500 | $0 | $0 | +44.2% | +43.1% … +48.4% | -95% … +184% | 25% | excluded; not eligible: traced coverage 25% < 60% |
| 2018→2019 | $114,003 | $106,503 | $1,302 | $0 | $0 | -5.4% | -6.5% … -1.3% | -118% … +107% | 63% | counted |
| 2019→2020 | $214,504 | $214,504 | $1,902 | $0 | $0 | +0.9% | +0.5% … +1.0% | -96% … +98% | 36% | excluded; not eligible: traced coverage 36% < 60% |
| 2020→2021 | $357,505 | $357,505 | $3,152 | $0 | $0 | +0.9% | +0.7% … +0.9% | -90% … +92% | 92% | counted |
| 2021→2022 | $250,004 | $417,004 | $701 | $0 | $0 | +67.1% | +64.0% … +75.7% | -56% … +190% | 70% | counted; single position drives the result (range jump) |
| 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 | $109,503 | $217,003 | $10,202 | $0 | $0 | +107.5% | +86.2% … +116.5% | -30% … +245% | 22% | excluded; not eligible: traced coverage 22% < 60% |
| 2024→2025 | $216,502 | $359,002 | $10,202 | $0 | $0 | +70.5% | +67.9% … +77.6% | -51% … +192% | 100% | counted; single position drives the result (range jump) |
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 |
|---|---|---|---|---|---|---|
| 2014 | 10008678 | House amendment | 9/30/2015 | 10 | 0 | 10008678.pdffff5ae2c37ccb86fd0a3d3c8cb4fa3a690ee17b5cf4d38748e2c781f91dd758b |
| 2015 | 10011522 | House annual | 5/13/2016 | 9 | 0 | 10011522.pdf115b257a51a232977e62f91aff23de8bf30c312e1c31b23ef666f6e7a7b46002 |
| 2016 | 10016535 | House annual | 5/12/2017 | 8 | 0 | 10016535.pdfcbdd95b5ba00912b1518724bd1cfae62a566d9fb02be50e4d80ceaac7635879e |
| 2017 | 10022295 | House annual | 5/14/2018 | 8 | 0 | 10022295.pdfa1ec1859d829f928a2b2c7cb84852db4085b9426b87bb6466e6acc5e26b51eef |
| 2018 | 10027998 | House amendment | 5/15/2019 | 10 | 0 | 10027998.pdf0d52e94aa534f03bfe133838d89051822fedfea853e9c259627e8e9d18083b69 |
| 2019 | 10037526 | House annual | 8/11/2020 | 13 | 0 | 10037526.pdf3c8924fd390133797e0a200b31287f207ebf5ce125908292e91744a9148edb4d |
| 2020 | 10042257 | House annual | 8/11/2021 | 11 | 0 | 10042257.pdf7bff8371f21f9f4821dbdf496d9ae8de5b44bba76f11e12e8fda6e877920fdd8 |
| 2021 | 10047803 | House annual | 5/13/2022 | 10 | 0 | 10047803.pdf6fd4ede44eed447cc16e1d9996108c62cb477164849ba9b7972b4b1ad5c3b854 |
| 2022 | 10053764 | House annual | 5/15/2023 | 9 | 1 | 10053764.pdf04c12d010d71e338208b2e972e5f09b140783db1b8537a39d4b7fca1f13f677b |
| 2023 | 10060911 | House annual | 5/15/2024 | 9 | 0 | 10060911.pdfce01a498dc6ed1eb8422dd00cd4b814967569bc0d1f4c67f7ef494e4f57ea6f5 |
| 2024 | 10067619 | House annual | 5/15/2025 | 6 | 0 | 10067619.pdf77554922d89307318f951680df7904d072b23f32087ca62513550eddb76ec1aa |
| 2025 | 10077376 | House annual | 5/15/2026 | 5 | 0 | 10077376.pdf8b2019be25ed98e4fdb520c64b39984ffd642adc9498b5f1c5f66538cfe442d4 |
Largest movers 2020→2021
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Congressional Federal Credit Union [BA] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Cambridge Investors / T. Rowe Price Global [BA] | JT | held | $1 - $1,000 | $1 - $1,000 | $0 | $0 |
| Cambridge Investors / Fidelity Leveraged Stock [BA] | JT | held | $1 - $1,000 | $1 - $1,000 | $0 | $0 |
| Goldman Sachs Bank [BA] | JT | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Cambridge Investors / T Rowe Price Cap Appreciation [BA] | JT | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| First Republic Bank [BA] | JT | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Cambridge Investors / Fidelity Balanced Fund [BA] | JT | held | $1 - $1,000 | $1 - $1,000 | $0 | $0 |
| CIT Bank [BA] | JT | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
Largest movers 2021→2022
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Congressional Federal Credit Union [BA] | JT | held | $1,001 - $15,000 | $100,001 - $250,000 | $0 | $0 |
| Cambridge Investors / Fidelity Balanced Fund [BA] | JT | held | $1 - $1,000 | $1 - $1,000 | $0 | $0 |
| Cambridge Investors / T. Rowe Price Global [BA] | JT | held | $1 - $1,000 | $1 - $1,000 | $0 | $0 |
| Cambridge Investors / Fidelity Leveraged Stock [BA] | JT | held | $1 - $1,000 | $1 - $1,000 | $0 | $0 |
| Goldman Sachs Bank [BA] | JT | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Cambridge Investors / T Rowe Price Cap Appreciation [BA] | JT | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Greater Springfield Credit Union [BA] | JT | held | $1 - $1,000 | $1 - $1,000 | $0 | $0 |
| First Republic Bank [BA] | JT | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| T. Rowe Price Capital Appreciation Fund (PRWCX) [MF] | — | held | $15,001 - $50,000 | $100,001 - $250,000 | $0 | $0 |
| Congressional Federal Credit Union [BA] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| T. Rowe Price Global Stock Fund (PRGSX) [MF] | — | held | $1 - $1,000 | $1 - $1,000 | $0 | $0 |
| Needham Bank [BA] | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Fidelity Balanced Fund (FBALX) [MF] | — | held | $1 - $1,000 | $1 - $1,000 | $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).