New York Democrat
Rep. Maurice D. Hinchey
What the Post found
Public projects, private interests
Earmark near personal property: $1.8 million
In Saugerties, a village in upstate New York, Hinchey in 2005 earmarked $960,000 to upgrade downtown streets. In 2009, he secured $800,000 to overhaul sewer lines. Hinchey is a partner in a hotel development in the heart of the village and values his interest at $250,000 to $500,000. Hinchey's spokesman said "the congressman has a less than 1 percent stake" in the project and it "is several blocks from the crosswalks and does not connect to the sewer lines set to be repaired .... There is no conflict of interest."
Hinchey’s financial portrait
The Post examined the personal finances disclosed by all members of Congress and computerized by Center for Responsive Politics to show how they manage their assets and invest their money.
Hinchey
House median
Estimated wealth
$800,506 in 2010
Change in estimated wealth
982% since 2004
Less wealth and less aggressive
Lawmakers who use safer investment strategies with limited wealth.
Wealthier
More aggressive
Financial approach
Real Estate Investor
127 lawmakers hold significant assets in real estate, including office buildings, apartment buildings, undeveloped land and development partnerships. Lawmakers are not required to report the values of their personal residences.
What industries does Hinchey invest in?
Many assets can be tied to specific industries, such as finance, agriculture or
natural resources. "Mixed" investments are assets not tied to a specific industry.
Hinchey's estimated
2010 liabilities
None
What asset types does Hinchey hold?
Assets are lumped into groups such as real estate, stocks,
mutual funds or cash.
NOTE: "Mixed" investments are assets that are not tied to a specific industry. Charted change in annual estimated wealth is capped at 200 percent increase and 100 percent decrease for clarity. See the full methodology here.
SOURCES: Congressional financial disclosure forms, Center for Responsive Politics, Washington Post analysis.
About the data
The estimation of assets for lawmakers is based on calculating the midpoint of reported value ranges for holdings and liabilities that members of Congress list on financial disclosure forms. It does not reflect assets lawmakers are not required to disclose, such as personal residences and non-interest bearing bank accounts. The estimation is not intended to provide a complete portrait of the net worth of each legislator, but rather show their relative standing in Congress and how their holdings have changed over time.
If you're a member of Congress who would like to further clarify your financial portrait, please contact us at capitolassets@washpost.com.
See other New York lawmakers
- Sen. Kirsten Gillibrand (D)
- Sen. Chuck Schumer (D)
- Rep. Gary Ackerman (D)
- Rep. Tim Bishop (D)
- Rep. Ann Marie Buerkle (R)
- Rep. Yvette Clarke (D)
- Rep. Joseph Crowley (D)
- Rep. Eliot Engel (D)
- Rep. Christopher Gibson (R)
- Rep. Mike Grimm (R)
- Rep. Richard Hanna (R)
- Rep. Nan Hayworth (R)
- Rep. Brian Higgins (D)
- Rep. Maurice D. Hinchey (D)
- Rep. Kathleen Hochul (D)
- Rep. Steve Israel (D)