Julie C. Verratti
Associate Administrator (Departed Administration)
Estimated Net Worth
- Unknown
Salary
- Unknown
Employment
- 03/01/2021 - 08/28/2021
Departed Administration
- Yes
Financial Disclosure Details - OGE Form 278e
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Denizens Brewing Company | Silver Spring, MD, US | Co-founder, Chief Brand Officer (Inactive, silent owner) | Present |
2 | Brewers Association | Boulder, CO, US | Member of the Board of Directors, Chair of the Diversity, Equity, and Inclusion Committee | 02/28 /2021 |
3 | Brewers Association of Maryland | Baltimore, MD, US | Vice President of the Board of Directors | 02/28 /2021 |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | (Partnership) Denizens Brewing Comapny Microbrewery and Restaurant | $500,001 - $1,000,000 | 24% ownership interest | $0.00 |
2 | (Self EI) Denizens Brewing Company Guaranteed payments/salary. Silver Spring, MD, US | Salary | $225,000.00 |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
Nothing reported in this section | ||||
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
1 | Denizens Brewing Company; Silver Spring, MD, US | This was income I earned prior to my start in the federal government. I no longer receive income from this source. |
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | (S) (Partnership) Denizens Brewing Comapny Microbrewery and restaurant | $500,001 - $1,000,000 | 24% ownership interest | $0.00 |
2 | (S) (Spouse EI) Denizens Brewing Company Silver Spring, MD, US |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | (J) (Cash Deposit/Savings) Wells Fargo Silver Spring, MD, US Checking and Savings accounts combined | $50,001 - $100,000 | None (or less than $201) | |
2 | (S) (IRA) Vanguard | |||
2.1 | (Other) Roll over Roth IRA Vanguard ETF | $15,001 - $50,000 | None (or less than $201) |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
Nothing reported in this section | ||||
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
1 | Blair Mill LLC; Silver Spring, MD, US | $500,001 - $1,000,000 | 2013 | Lease term ends on October 31, 2023, which makes the personal guarantee go away at that time. |
2 | CT Building 4 LLC; Riverdale Park, MD, US | $1,000,001 - $5,000,000 | 2018 | 6 years |
3 | First National Bank of Pennsylvania; Silver Spring, MD, US | $1,000,001 - $5,000,000 | 2018 | 10 years |
4 | Small Business Administration; Washington, DC, US | $100,001 - $250,000 | 2020 | 30 years |
5 | First National Bank of Pennsylvania; Silver Spring, MD, US | $250,001 - $500,000 | 2021 | 5 years |
6 | Mohela/Federal Goverment; Silver Spring, MD, US | $250,001 - $500,000 | 2010 | Until it is paid off |
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
8 | 1 | This is a ten year commercial lease. My spouse and I are personal guarantors for the entire lease amount. There are approximately 2 years and 7 months left on the lease. The annual rent is $250,000 per year. |
8 | 2 | My spouse and I are personal guarantors on an 11 year commercial lease. The personal guarantee goes away after the first 6 years of the lease, which means this personal guarantee will go away on April 1, 2024. |
8 | 5 | This was a second round PPP that my business received in February 2021. We also received a first round PPP loan in 2020, but that was forgiven in February 2021. |
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