kornman, charles b · 4. ide (icle ll jds nite ive or ior . as; aiate jdgs nie ll-or pat-time)...
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![Page 1: Kornman, Charles B · 4. ide (icle ll jds nite ive or ior . as; aiate jdgs nie ll-or pat-time) Senior satu> 7. Chambes . or . fice Addrss I 02 4th Avenue SE, Suite 408 Aerdeen, SD](https://reader034.vdocument.in/reader034/viewer/2022050118/5f4ee8ea1fa5bd53df7862c2/html5/thumbnails/1.jpg)
I
POSWON NAME OF QRGANIZATIONIENTITY
l!lil:tllJKommann,
Partnership,f¢rti:& J
PARTIES AND TERMS
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-------------___ .. __________________________________ _
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Report Required by the Ethics FINANCIAL DISCLOSURE REPORT AOJO in Government Act o/ 1978 Rev. 112008 FOR CALENDAR YEAR 2010 (5 u.s.c. app. §§ 101-lll)
1. Penon Reporting (last name, first, middle initial)
Kommann, Charles B.
2. Court or Organization
District of South Dakota
J. Date or Report
02/2312011
4. Tide (Article ill judges indicate active or senior status;
magistrate judges indicate full- or part-time)
Senior statu'>
7. Chambers or Office Address
I 02 4th Avenue SE, Suite 408 Aberdeen, SD 57401
Sa. Report Type (check appropriate type)
D Nomination, Date
D Initial Ill Annual
Sb. D Amended Report
D Fillal
6. Reporting Period
01/01/2010 to
12/31/2010
8. On the basis of the Information contained hi this Report and any modifications pertalnJng thereto, It Is, in my opinion, ID compliance with applicable laws and regulations.
ReviewiJI& Officer Date
IMPORTANT NOTES: The instructions accompanying this form must be followed. Complete all parts, checking the NONE box for each part where you have no reportJJble infonnafion. Sign on last page.
I. POSITIONS. (Reporting indMd11al only; supp. 9-13 offditrg instnlctions.)
0 NONE (No reportable positions.)
1. General partner a partnership
2.
3.
4.
5.
II. AGREEMENTS. (Reporting imlividual only; see pp. 14-16 offding instrllclions.)
D NONE (No reportable agreements.)
I. 1-1-97 Articles of Kornmann
2.
! )
. ... '1
..
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r-.".'
: '7l -· n
.. t ;i
3.
Kornman, Charles B.
![Page 2: Kornman, Charles B · 4. ide (icle ll jds nite ive or ior . as; aiate jdgs nie ll-or pat-time) Senior satu> 7. Chambes . or . fice Addrss I 02 4th Avenue SE, Suite 408 Aerdeen, SD](https://reader034.vdocument.in/reader034/viewer/2022050118/5f4ee8ea1fa5bd53df7862c2/html5/thumbnails/2.jpg)
lZJ
SOUR.CE AND IYPE
I I
SQURCE AND IYPE
SOURCE DATES LOCATION PURPOSE
INCOME
ITEMS PAID OR PROVIDED
Date of Report Name of Penon Reportln& FINANCIAL DISCLOSURE REPORT
Page 2 of8 02n3/2011Kornmann, Charles B.
ID. NON-INVESTMENT INCOME. (Reponing U.divu11111 am1 spowe; see pp. i1-u offilJng instnu:tiom.J
A. Filer's Non-Investment Income
NONE (No reportable non-investment income.)
(yours, not spouse's)
I.
2.
3.
4.
B. Spouse's Non-Investment Income - lfyo11 wen "'"'ried during ""Y portion of the ttpol'ting yeu, complete tlti.uecdon.
(Dollar amount not required except for honoraria.)
./ NONE (No reportable non-investment income.)
I.
2.
3.
4.
IV. REIMBURSEMENTS - lrllllsponafiqn, /Qdging,food, enlertllinmenL
(Jncludes those to spouse and dependent chUdren; see pp. 25-27 of filing inslnlctions.)
lZJ NONE (No reportable reimbursements.)
I.
2.
![Page 3: Kornman, Charles B · 4. ide (icle ll jds nite ive or ior . as; aiate jdgs nie ll-or pat-time) Senior satu> 7. Chambes . or . fice Addrss I 02 4th Avenue SE, Suite 408 Aerdeen, SD](https://reader034.vdocument.in/reader034/viewer/2022050118/5f4ee8ea1fa5bd53df7862c2/html5/thumbnails/3.jpg)
SQURCE DESCRIPTION
l I
CREDIJOR DESCRIPTION
YALUE
VALUE CODE
Date of Report Naine of Penon Reporting FINANCIAL DISCLOSURE REPORT
Page 3 of8 0212312011Kornmann, Charles B.
V. GIFTS. (lncludnthou tospouselllUI dependortclrildrm;seepp.18-JJ ofjiljng instructions.)
D NONE (No reportable gifts.)
1. Ronald and Sharon Rivett fishing trip to Sitka, Alaska, for self and spouse, lodging and food incl. Sl,500.00
2. Michael and Barbara Evans lrip to vacation home rented by the Evans in Scotsdale, AZ $1,200.00
3.
4.
5.
VJ. LIABILITIES. (Jncluk.s thou of spouse and dependml cltildrm; stt pp. 32-JJ offtling instructlo11$)
./ NONE (No reportable liabilities.)
I.
2.
S.
![Page 4: Kornman, Charles B · 4. ide (icle ll jds nite ive or ior . as; aiate jdgs nie ll-or pat-time) Senior satu> 7. Chambes . or . fice Addrss I 02 4th Avenue SE, Suite 408 Aerdeen, SD](https://reader034.vdocument.in/reader034/viewer/2022050118/5f4ee8ea1fa5bd53df7862c2/html5/thumbnails/4.jpg)
stock.f-L. ,f1S1 ?jiiJ
partner,lii!IJt] Kommaon
partner,l!;':;c 'Jf;J 1"4.>!'h<...-X
r
r
T
J
1-J (4) Gain Codcl I I (A-H) I - --
L(Sce -- "'._B_'.'."�_:'._� -------------------------·-·----·--·------·--------
I
02123/2011 Date of Report Name of l'enon Reporting FINANCIAL DISCLOSURE REPORT
Page 4 of8 Kommann, Charles B.
VII. INVESTMENTS and TRUSTS -income, WJlu11, trllllSllctions (lnd11da tltose ofspouu tmd Upl!ndntt chl/dun; sttpp. 34-60 offilbiK lnstrlldion11.) D NONE (No reportable income, assets, or transactions.)
I. 2.
3.
4.
5.
6.
7. 8.
9. 10.
11.
12.
13.
14.
15.
16.
17.
A.Description of Assets (including trust assets)
Place "(X)" after each assetexempt from prior disclosure
Common stock, Red Ribbon, Inc.
Common
113 ownership, house, Tyndall, SD
fann land, Hamlin County, SD
43.84% interest,
43.84% interest, Kommann
SD Retirement System, monthly benefits
Inte est in Black Hills Eagle I partnership Brandywine Fund shares
Mutual Beacon Fund CL Z shares
Mutual Global Disbursement Fund Sha es
Mutual Earopeao Fund shares
Centennial , IRA trust
Centenl Money Market Trust, IRA Centennial Money Market Trust (Wachovi Securities)
Oakmark Select Shares Masters Select Equity Fund Shares
(Sec Columns BI and 04) F =$50,00 I - $100.000 2. Value Codes l =$15,000 or less (See Columns CJ and 03) N -$250,001 · $500,000
B. c.Income during Gross value at cnd of
reporting period reporting period (1)AmouotCode 1(A-H)
A 8 E
E
E
D
A
B
B
D
A A A A
(2) (1)Type(e.g., Valuediv., rent, Codc2 or int.) (J-P)
None J
Int.JDiv. ]
Rent
Rent 0
Distribution 0
Distnl>ution 0
Distnoution L
Interest J
None L
Dividend
Dividend
Dividend
Int./Div.
Int./Div.
Int./Div.
Dividend L None L
B Sl,001 • $2.SOO G =$100,001-$1,000,000
K=$15,00I • $.50,000
0 =$500,00 I - S1,000,000
(2) (I)Value Typc(e.g.•
Method buy, sell,
Codc3 redemption)(Q-W)
w
w
Sold
w
w
w
w
u
Sold
Sold
Sold
Redeemed
Redeemed
Redeemed
T
T
C -S2.SO I • $5,000
HI '"$1,000,001 -$5,000,000
L-$50,001 - SI00.000 1-1.lncomeGainCodcs: - A=Sl,OOOorlcss
P3 =$25,000,001 • $50,000,000
Pl =SJ,000,001 - $5,000,000
P4 •More than $50,000,000
S Assessmatt 3. Value Method Codes Q =Awraisal R =Cost (Real Estate Only)V"'°1ber w =Estimated
---·--D.Transactions during reporting pcriod --1
--,..:��-
(2)DateMonth-Day
(3)ValueCode2 (J-P)
buyer/seller
(ifprivatetransaction)
Aug 1 J A
12-15 M
12-15 M E
12-15 M E
11-18 J A 11-18 J A 11-18 J A
D =SS,001 -SIS,000
H2 M than $5,000,000 M =$I 00,00 I - $250,000 P2 •S!i,000,001 - $25,000,000
T =Cash Market
Michael Bambas
E -s1s.001 - SS0,000
Column C2} ____
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![Page 5: Kornman, Charles B · 4. ide (icle ll jds nite ive or ior . as; aiate jdgs nie ll-or pat-time) Senior satu> 7. Chambes . or . fice Addrss I 02 4th Avenue SE, Suite 408 Aerdeen, SD](https://reader034.vdocument.in/reader034/viewer/2022050118/5f4ee8ea1fa5bd53df7862c2/html5/thumbnails/5.jpg)
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·----------------------------------------------------------------------··---------------- ---- - -- - - ··----------------
FINANCIAL DISCLOSURE REPORT
Page 5 of8
Name of Penon Reporting
Kornmann, Charles B.
Date of Report
02/23/2011
VII. INVESTMENTS and TRUSTS -income, al11e, trollsacdons (111cl11da those of:rpow; tmd thperuknt childnn; SUpp. 34-60 t>/ftling htstructiotu.)
D NONE (No reportable income, assets, or transactions.)
A. a. c.Description of Assets Income during
reporting period I reporting prood
D. Tnnsacrions during T'Cp<lrting period
(including trust assets) (I) (2)
Place "(X)" after each asset Amount Ty e (e.g exempt from prior disclosure Code l div., rent,
(MI) or int.)
---L
Gross value at end of I
{I)Value
Code2(J-P)
(2)Value
Method Code3 (Q-W)
----
buy, sell, Month - Code 2 Code I buyer/seller
-redempti
on) .. Day transaetion)
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
The Investment Company of America shares
NFJ Dividend Interest Kommann)
Vanguard 500 Index Fund Kornman n)
Vanguard GNMA Fund Kormnann)
Vanguard REIT Fund
Due on notes members toB
Russell Funds
Eaton Vance Tax Managed BuyWrite Inc. F und Kornroann) Foreign condo investment Koroma nn)
Eaton Vance Tax Managed Buy Write Fund SB1
Eaton Vance Tax Global Buy Write Fund ( )ommann
Cohen & Steers Div. Majors Fund,
Blackrock Enhanced Divid Kommann)
Evergreen Gib! O pty
Ft Spec Fin & Finl Komm
Anderson Retirement LLC mann)
Healthcare Plus Federal Credit Union
I. Income Gain Codes: A -SI,000 or less(SeeColumns Bl and 04)
2. ValucCodes
(See Columns CJ and D3)
F «$50,00I - S 100,000
J "'$15,000 or less
N =$250,001 - $500.000
A
A
B
B
c
A
A
A
A
A
A
A
c
B
c
P3 =$25,000,001 - $50,000,000
Dividend
Dividend
Dividend L
Dividend K
Dividend K
Interest
Dividend N
Dividend
None M
Dividend
Dividend K
Dividend K
Dividend
Dividend
Dividend K
None L
Interest
B SJ,001 - $2,500
o-s100,001 - s1,ooo,ooo
K =$15,001 - $50,000
0 =$500,001 - $1,000,000
Sold
Sold
T
T
T
Matured
T Buy
Sold
w
Sold
T
T Buy
Sold
Transfcned (to line 38)
T
T
T
C •$2,50 I - $5,000
HI •$1,000,001-$5,000,000
L =$50,001 - SI 00.000
Pl =$1,000,001 -$5,000,000
P4 =More thao SS0,000,000 3. Value Method Codes Q •Appraisal R ..Cost (Real Estote Only) S •Assessment
12-15 K E
12-15 J
7-6 J A
12-17 N
12-15 J A
12-15 J
12-20 K
12-15 J
-----------D =SS,001 -$15,000
112 •More than $5,000,000
M •SI00,00i -S250.000
P2 -$5,000,001 - $25.000,000
T ='Cash Market
E =$15,001 -SS0,000
i (See Column Cl) U •Book Value V =Other W =Estimated L.. - --- - ---- ---- _J
![Page 6: Kornman, Charles B · 4. ide (icle ll jds nite ive or ior . as; aiate jdgs nie ll-or pat-time) Senior satu> 7. Chambes . or . fice Addrss I 02 4th Avenue SE, Suite 408 Aerdeen, SD](https://reader034.vdocument.in/reader034/viewer/2022050118/5f4ee8ea1fa5bd53df7862c2/html5/thumbnails/6.jpg)
-�r:J I Lr Union.I!:: l
lll:i\:1
(IRAij
----------·-· ··---·-
FINANCIAL DISCLOSURE REPORT Page6of8
Name of Penoo Reporting
Kornmann, Charles B.
l>ate of Report
02/2312011
VII. INVESTMENTS and TRUSTS -a.come, wdue, transactions {lnt:1ru1a J},qse of spouse aN/ Jepem1m1 c1ri/Jrar; seePP. 34-60 offilingins1ructwns.J
D NONE (No reportable income, assets, or transactions.) ---- --i--c:----r ·---------1
A. B. D. Description of Assets Income during Gross value at end of Transactions during reporting period (mcluding trust assets) reporting period reporting period
(I) (2) (1) (2) (1) (2) (3) (4) Place "(X)" after each asset Amount Type(e.g Value Value Type(e.g., Date Value Gain
exempt from prior disclosure Code I div., rent, C-Odc2 Method buy, sell, Month- Code2 Code 1 buyer/seller {A-H) int.) (J-P) Codc3 redemption) Day (J-P) (A-H) (if private
' (Q-W) transaction)--
35. Healthcare Plus Federal Credit iJKommann
A Interest J T
36. Blackrock Enhanced Divid. A Dividend Sold 12-15 J
37. Twin Homes, Aberdeen, SD A Rent N w
38. Wells Fargo Advantage Global Ko D Dividend K T Transferred Name change only mmann) (from line 31)
39. Wells Fargo Managed Account (IRA) D Distribution N u Redeemed 12-20 J (part)
40. Wells Fargo Managed Account (IRA)(! c Distribution L u Redeemed 12-20 J (part)
41. Wells Fargo Managed Acco!mt F Distribution Merged 12-20 (with line 40)
42. Wells Fargo Cash Sweepfl)(IRA) A Interest Closed 8-29 J
43. Wells Fargo Cash Sweep (IRA) A Interest Closed 8-29 J
44.
·- ------
I. lnromc Gain Codes: (Sec Columm Bl and 04)
2. Value Codes (Sec Columns CI and DJ)
3. Value Method Codes (See ColUI2JD C2}
A -.Sl .000 or less
F-$50,001-$100,000
J =$15,000 or less
N =$250,001 - SS00.000
P3 "'$25,000,001 - $50,000,000 Q=AppBisal U =Book Value
B =$1 ,001 - $2,500 G =U00,001 -Sl,000,000 K =$15,001 - SS-0,000
0=$500,001-$1,000,000
R =Cost (Real Estate Only) v =Olber
c -$2,501 - $5,000
HI s1.ooo.001 -ss.000.000
L =$50.001 - $100,000
Pl =Sl.000,001 -$S.OOO,OOO
P4 =More llwi $50,000,000
S =Asscssment
w =Estimated
D =SS,001- $15,000
H2 •More than $5,000.000 M =s100,001 - ruo,ooo
n s5,ooo,001 - ru,000,000
T --Cash Markel
![Page 7: Kornman, Charles B · 4. ide (icle ll jds nite ive or ior . as; aiate jdgs nie ll-or pat-time) Senior satu> 7. Chambes . or . fice Addrss I 02 4th Avenue SE, Suite 408 Aerdeen, SD](https://reader034.vdocument.in/reader034/viewer/2022050118/5f4ee8ea1fa5bd53df7862c2/html5/thumbnails/7.jpg)
byi:kltmKommann.
Date of Report Name or Person Reporting FINANCIAL DISCLOSURE REPORT
02n312011Kornmann, Char}ell B. Page 7 of8
VIIl. ADDITIONAL INFORMATION OR EXPLANATIONS. (lndktlleptUto/R port.)
V. GIFTS
Line 1, Ronald and Sharon Rivettt, long time :friends from Aberdeen, SD entertained reporting party and spouse together with four other couples from Aberdeen, SD, at their fishing lodge in Alaska for 3 days. We flew in a private plane with the owner of tbe plane, Michael EvllllS, and bis spouse, Barbara Evans, also long time friends from Aberdeen, SD.
Line 2, Michael and Barbara Evans, long time friends from Aberdeen, SD, invited friends to stay with them in a home they had rented in Arizona for three days to originally host their family members. We flew i n a private plane owned by the Evans with three other couples. Meal costs were shared with all concerned.
VII. INVESTMENTS AND TRUSTS (Contd.)
Line 1, Red Ribbon, Inc. owns an unimproved parcel of land in Indiana. It is a Subchapter S corporation and the income and losses are passed through to the stockholder. There have been no distnlrutions and the land continues to produce no income.
Line 4, this land is leased on a cash rent basis.
Line 5 and Line 6, this partnership owns 2 apartment houses. Liquid investments of the partnership and income thereftom are reported in Part VII.
Line 24, Russell Funds owns and operates a large number of funds in its "family." They are all mutual funds.
Line 33, this is a limited partnership interest, a very small interest as a limited partner; the partnership is operating an assisted care living facility in Indiana.
Line 34, this is money invested in Healthcare Plus Federal Credit Union by the reporting party. See information also as to Line 35.
Line 35 this is money invested in Healthcare Plus Federal Credit Union
Linc 37, this asset was constructed from scratch by reporting party in 2009 and 20 I 0 and is a real estate investment
Line 39, because of age of reporting party, one partial IRA withdrawal was required by federal law.
Linc 40, because of age of spouse, one partial IRA withdrawal was required by federal law.
![Page 8: Kornman, Charles B · 4. ide (icle ll jds nite ive or ior . as; aiate jdgs nie ll-or pat-time) Senior satu> 7. Chambes . or . fice Addrss I 02 4th Avenue SE, Suite 408 Aerdeen, SD](https://reader034.vdocument.in/reader034/viewer/2022050118/5f4ee8ea1fa5bd53df7862c2/html5/thumbnails/8.jpg)
Date Gf Report Name Gf Penon Reportln& FINANCIAL DISCLOSURE REPORT
Page 8of8 Kornmann, Charles B. 02fl3/20ll
IX. CERTIFICATION.
I certify that all information given above (including information pertaining to my spouse and minor or dependent children, iiany) is accurate, true, and complete to the best of my knowledge and belief, and that any informadon not reported was withheld because it met applicable statutory provisions permitting non-disclosure.
I further certify that earned income from outside employment and bonoraria and the acceptance of gifts which have been reported are in compliance with the provisions of 5 U.S.C. app. § 501 et. seq., 5 U.S.C. § 7353, and Judicial Conference regulations.
NOTE: ANY INDIVIDUAL WHO KNOWINGLY AND WILFULLY FALSIFIES OR FAILS TO FILE THIS REPORT MAY BE SUBJECT TO CML AND CRIMINAL SANCTIONS (5 U.S.C. app. § 104)
FILING INS1RUCTIONS
Mail signed original and 3 additional copies to:
Committee on Financial Disclosure Administrative Office of the United States Courts Suite 2-301 One Columbus Circle, N.E. Washington, D.C. 20544