Jennifer Lester Moffitt
Under Secretary for Marketing and Regulatory Programs
Estimated Net Worth
- $656 K - $1.7 M
Salary
- Unknown
Employment
- Started 08/11/2021
Financial Disclosure Details - OGE Form 278e (03/16/2022)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Sacramento, California | Undersecretary of Food and Agriculture | 8/2021 |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | State of California, Department of Food and Agriculture | Salary | $182,838 | |
2 | Roth IRA | |||
2.1 | T. Rowe Price Spectrum Moderate Growth Allocation (TRSGX) | $100,001 - $250,000 | None (or less than $201) | |
3 | State of California 457(b) | |||
3.1 | Savings Plus - Target Date Fund 2045 | None (or less than $1,001) | None (or less than $201) | |
3.2 | Savings Plus - Socially Responsible Fund | $100,001 - $250,000 | None (or less than $201) | |
4 | State of California 401(k) | |||
4.1 | Savings Plus - Target Date Fund 2025 | $100,001 - $250,000 | None (or less than $201) | |
4.2 | Savings Plus - Target Date Fund 2030 | $15,001 - $50,000 | None (or less than $201) | |
5 | State of California, CalPERS (Defined Benefit Plan) | $50,001 - $100,000 | None (or less than $201) |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | Sacramento, California | I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. | 1/2011 | |
2 | Sacramento, California | I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. | 1/2011 | |
3 | Sacramento, California | I will continue to participate in this defined benefit plan. | 2/2015 |
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 | Vacaville Unified School District | salary | ||
2 | Roth IRA | |||
2.1 | T Rowe Price Spectrum Moderate Allocation Fund (TRPBX) | $15,001 - $50,000 | None (or less than $201) | |
3 | Vacaville Unified School District (American Fidelity 457(b)) | |||
3.1 | American Funds IS Blue Chip Income and Growth Fund | $15,001 - $50,000 | None (or less than $201) | |
3.2 | Vanguard Total Stock Market Index Portfolio | $15,001 - $50,000 | None (or less than $201) | |
4 | State of California - CalSTRS, defined benefit plan | $100,001 - $250,000 | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | U.S. bank #1 (cash) | $100,001 - $250,000 | Interest | $201 - $1,000 |
2 | U.S. bank #2 (cash) | $1,001 - $15,000 | None (or less than $201) | |
3 | U.S. bank #3 (cash) | $15,001 - $50,000 | None (or less than $201) | |
4 | Vanguard 529 Plan - TRGT 26/27 (State of Nevada) | $15,001 - $50,000 | None (or less than $201) | |
5 | Prudential Life Insurance, whole life | $15,001 - $50,000 | Dividends | None (or less than $201) |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
Nothing reported in this section | ||||
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
1 | Guild Mortgage Company | $250,001 - $500,000 | 2021 | 30 years |
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
1 | 1 | I held the following two positions by virtue of my State Government position as Under Secretary of Food and Agriculture for the State of California until resignation in August 2021: The California Strategic Growth Council (Alternate Council Member) and The California Delta Protection Commission (Alternate Commissioner). |
2 | 1 | I resigned from this State government position on August 11, 2021, upon my confirmation by the U.S. Senate for my current position as USDA's Under Secretary for Marketing and Regulatory Programs. |
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