HomePROVIDENCE, R.I. -- U.S. Rep. David N. Cicilline, D-RI, is one of two dozen new millionaires in this year's Congress, The Washington Post reports.
He's also one of just three freshman House Democrats, including U.S. Rep. William Keating of Massachusetts and U.S. Rep. Colleen Hanabusa of Hawaii, with assets of more than $1 million, according to the newspaper, which conducted a survey of recently released financial disclosure documents every member of Congress is required to file annually.
Cicilline reported an earned income of $105,486 from his Providence, according to a report he filed in May to the U.S. House Representatives' Office of the Clerk on his 2010 calendar year finances.
He reported a Citizens Bank account and a life-insurance policy from Met Life.
Cicilline also listed three properties besides his East Side home as assets:
-1297 Caraboa Lane, Port Charlotte, Fla.: valued at $1,001 to $15,000
-387 Atwells Ave., Providence, RI (50-percent interest): valued at $250,001 to $500,000
-46 South Ridge Rd., Chilmark, Mass. (Martha's Vineyard): valued at $500,001 to $1,000,000
Many of the items will probably not come as a surprise to many in Rhode Island as Cicilline has consistently reported a number of them as assets in his state financial disclosure forms over his eight years as mayor of Providence and eight years as state representative from Providence's wealthy East Side.
Where this ranks Cicilline among sitting Congressman is unclear.
A survey by opensecrets.org, a federal government watchdog group, ranked Cicilline as 182nd among the 535 members of the U.S. House and Senate, based on federal financial disclosure reports he filed in 2010, when he was still a candidate. (Those reports reflect income from the previous calendar year, 2009)
The wealthiest members of Congress in that survey were Rep. Darrell Issa (R-Calif), with a maximum net worth of $450 million; Rep. Jane Harman (D-Calif) with $429 million; and Sen. John Kerry (D-Mass) with $295 million in assets, according to the organization.
Cicilline's assets were pegged at $767,005 to $1,580,000.
Open Secrets broke down the congressman's finances this way:
-Citizens Whole Life Insurance account: $1,001 to $15,000
-Land: $501,002 to $1,015,000
-MetLife Inc.: $15,001 to $50,000
-Real Estate: $250,001 to $500,000
