Basil I. Gooden
Undersecretary for Rural Development
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $4.3 M - $12.0 M
Salary
  • salary
    Unknown
Employment
  • Started 02/26/2024

Financial Disclosure Details - OGE Form 278e (08/20/2022)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Richmond, Virginia
Visiting Scholar
6/2021

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
Virginia Commonwealth University
$15,001 - $50,000
Salary
$39,715
2
Virginia Tech Optional Retirement Account
$15,001 - $50,000
None (or less than $201)
2.1
Fidelity
$100,001 - $250,000
None (or less than $201)
2.2
TIAA-CREF
$1,001 - $15,000
None (or less than $201)
3
Equitable
$1,001 - $15,000
None (or less than $201)
3.1
AXA Annuity
$15,001 - $50,000
None (or less than $201)
4
RRHA Honorarium - July 2021
None (or less than $1,001)
Honorarium
$138
5
Virginia Commonwealth University
Salary
$39,715
6
Optional Retirement Account for Political Appointees
$500,001 - $1,000,000
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Richmond, Virginia
I resigned from the position.
6/2021
2
Blacksburg, Virginia
I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation.
10/1999
3
Richmond, Virginia
I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation.
5/2002
4
New York, New York
I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation.
1/1997

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
Nothing reported in this section

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Virginia Commonwealth University
Salary
2
SEP IRA
$1,001 - $15,000
None (or less than $201)
2.1
SEP IRA
$1,001 - $15,000
None (or less than $201)
3
Virginia Commonwealth University
$500,001 - $1,000,000
3.1
VCU 403B
$500,001 - $1,000,000
None (or less than $201)
3.2
VCU 401A
$15,001 - $50,000
None (or less than $201)
3.3
VCU 457B
$500,001 - $1,000,000
None (or less than $201)
4
Virginia Tech
$5,001 - $15,000
4.1
VT Fidelity
$1,001 - $15,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
American Funds
$50,001 - $100,000
None (or less than $201)
2
U.S. Bank (cash)
$1,001 - $15,000
None (or less than $201)
3
U.S. Bank (cash)
$1,001 - $15,000
None (or less than $201)
4
U.S. Bank (cash)
$1,001 - $15,000
None (or less than $201)
5
U.S. Bank (cash)
$250,001 - $500,000
None (or less than $201)
6
U.S. Bank (cash)
$1,001 - $15,000
None (or less than $201)
7
U.S. Bank (cash)
$1,001 - $15,000
None (or less than $201)
8
Farm - Buckingham Virginia
$1,000,001 - $5,000,000
None (or less than $201)
9
Land - Blacksburg, Virginia
$100,001 - $250,000
None (or less than $201)
10
Family Property - Bassett, Virginia
$500,001 - $1,000,000
None (or less than $201)

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
Virginia Credit Union
$10,001 - $15,000
2012
Revolving
2
American Express
$10,001 - $15,000
2010
Revolving

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
6
2
Wells Fargo
6
3
Bank of America
6
4
BB&T
6
5
BB&T
6
6
Atlantic Union
6
7
Virginia Credit Union

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