Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Norma J. Torres (D-CA)
House · Democrat (most recent term) · CA-35 · in Congress 2015–present · Bioguide ID T000474
Party history: D 2015–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 2014) | 2014 | −$1,383,995 | −$816,000 | −$248,004 |
| (b) Latest net worth estimate | 2025 | −$1,183,997 | −$809,500 | −$435,002 |
| (c) Estimated gain / loss, nominal dollars, 2014 → 2025 (11 years spanned) | 2014–2025 | −$935,993 | +$6,500 | +$948,993 |
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 | $416,502 | $1,232,502 | −$816,000 | −$1,383,995 … −$248,004 | computed |
| 2015 | $416,502 | $1,607,502 | −$1,191,000 | −$1,883,995 … −$498,005 | computed |
| 2016 | $416,502 | $1,200,002 | −$783,499 | −$1,333,995 … −$233,003 | computed |
| 2017 | $416,502 | $1,200,002 | −$783,499 | −$1,333,995 … −$233,003 | computed |
| 2018 | $416,502 | $1,200,002 | −$783,499 | −$1,333,995 … −$233,003 | computed |
| 2019 | $415,502 | $1,212,502 | −$797,000 | −$1,348,997 … −$245,003 | computed |
| 2020 | $423,502 | $1,150,001 | −$726,499 | −$1,262,996 … −$190,002 | computed |
| 2021 | $798,502 | $1,312,502 | −$514,000 | −$1,247,996 … $219,997 | computed |
| 2022 | $91,002 | $925,001 | −$834,000 | −$1,197,997 … −$470,002 | computed |
| 2023 | $91,002 | $925,001 | −$834,000 | −$1,197,997 … −$470,002 | computed |
| 2024 | $115,502 | $925,001 | −$809,500 | −$1,183,997 … −$435,002 | computed |
| 2025 | $115,502 | $925,001 | −$809,500 | −$1,183,997 … −$435,002 | 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.)+22.7%
Simple average of years+35.2%
Years estimated10
Best / worst single year2021 +274%
2025 +0%
2025 +0%
Reliability flags: a year exceeds ±100%; 1 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): +21.5% to +23.3%. 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2014→2015 | $416,502 | $416,502 | $32,500 | $0 | $0 | +7.8% | +5.6% … +8.8% | -69% … +84% | 100% | counted |
| 2015→2016 | $416,502 | $416,502 | $32,500 | $0 | $0 | +7.8% | +5.6% … +8.8% | -69% … +84% | 100% | counted |
| 2016→2017 | $408,502 | $408,502 | $32,500 | $0 | $0 | +8.0% | +5.7% … +9.1% | -67% … +82% | 98% | counted |
| 2017→2018 | $416,502 | $416,502 | $32,500 | $0 | $0 | +7.8% | +5.6% … +8.8% | -69% … +84% | 100% | counted |
| 2018→2019 | $416,502 | $415,502 | $32,500 | $0 | $0 | +7.6% | +5.6% … +8.5% | -69% … +84% | 100% | counted |
| 2019→2020 | $407,501 | $407,501 | $32,500 | $0 | $0 | +8.0% | +5.7% … +9.1% | -66% … +82% | 98% | counted |
| 2020→2021 | $423,502 | $798,502 | $34,251 | $0 | $750,000 | +273.7% | +267.7% … +286.9% | +107% … +440% | 100% | counted; high turnover (buys+sells > 100% of opening value); single position drives the result (range jump) |
| 2021→2022 | $48,502 | $91,002 | $1,750 | $0 | $0 | +91.2% | +65.6% … +211.7% | -56% … +238% | 6% | excluded; not eligible: traced prior-year value below $50,000 |
| 2022→2023 | $91,002 | $91,002 | $1,750 | $0 | $0 | +1.9% | +1.9% … +1.9% | -85% … +88% | 100% | counted |
| 2023→2024 | $83,001 | $107,501 | $0 | $0 | $0 | +29.5% | +27.4% … +30.4% | -60% … +119% | 91% | counted |
| 2024→2025 | $115,502 | $115,502 | $0 | $0 | $0 | +0.0% | +0.0% … +0.0% | -86% … +86% | 100% | 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 |
|---|---|---|---|---|---|---|
| 2014 | 10012264 | House amendment | 5/16/2016 | 5 | 0 | 10012264.pdf525168e36c526e1eec442cf4cfb9a6d7c814000c5668cc9247e69b319ff8ee7b |
| 2015 | 10011445 | House annual | 5/16/2016 | 5 | 0 | 10011445.pdf03559d50c2597cb0dda0f0a91a515c55139215dda8b99e6a00bda79335c0b681 |
| 2016 | 10015878 | House annual | 5/8/2017 | 5 | 0 | 10015878.pdf7c50f267f65ccb755083965ec76fc7ed3f89b3a51234f78e49b8477057cbbd59 |
| 2017 | 10021897 | House annual | 5/10/2018 | 5 | 0 | 10021897.pdf2e8385f7450949336a930ed259fec5b63f93650c9d9db6a9b16548e80b40f49f |
| 2018 | 10026609 | House annual | 5/13/2019 | 5 | 0 | 10026609.pdf9a6fa4f383c9b3fc900cf630c7e955f29c62f7ff109c381a2780fa1258c2ef7f |
| 2019 | 10037904 | House annual | 8/11/2020 | 5 | 0 | 10037904.pdf143c0df69f053a90a82ecd79fe4c6be1248b6547866b7e71f137bd9cd84b9313 |
| 2020 | 10041659 | House annual | 7/29/2021 | 4 | 0 | 10041659.pdfe584b64e78077e8887123a29b6a5997810c5b27b9aaf0109e880d8f72f176f90 |
| 2021 | 10046131 | House annual | 5/13/2022 | 4 | 0 | 10046131.pdff732493d85510f3bebe6348bae6e9a7fa34afb84e424a7f4325657d18cc22514 |
| 2022 | 10053852 | House annual | 5/18/2023 | 3 | 0 | 10053852.pdf81c83f1041c6b173c9157bf002f445961e05352b14c0903203ad642782ba4207 |
| 2023 | 10060139 | House annual | 5/15/2024 | 3 | 0 | 10060139.pdf756dd8e3e2a095d5019d7a394249596723c71c1ce7e8481a58504ded034595a2 |
| 2024 | 10065948 | House annual | 5/7/2025 | 3 | 0 | 10065948.pdf39afe45cec2f94ad1a149f16ec512c9f91561b185383099d4bb901185fe0e092 |
| 2025 | 10075170 | House annual | 5/15/2026 | 3 | 0 | 10075170.pdff9aa2295bc19a2606af8f707a9ae26468a218bc3404c6ffef1d552a6cf358041 |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| LACERS Pension Plan (Los Angeles, CA) [PE] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Inland Valley Strategic Partner [OL] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| City of Los Angeles Deferred Compensation Plan ⇒ DCP Large-Cap Stock Fund [PE] | — | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| LACERS Pension Plan (Los Angeles, CA) [PE] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| City of Los Angeles Deferred Compensation Plan ⇒ DCP Large-Cap Stock Fund [PE] | — | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Inland Valley Strategic Partner [OL] | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| LACERS Pension Plan (Los Angeles, CA) [PE] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| City of Los Angeles Deferred Compensation Plan ⇒ DCP Large-Cap Stock Fund [PE] | — | held | $50,001 - $100,000 | $50,001 - $100,000 | $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).