Quantcast

MADISON - ST. CLAIR RECORD

Saturday, November 2, 2024

Economic statements of St. Clair Co. associate judges show wealth – and substantial student loan debt

Lawsuits
General court 03

shutterstock.com

SPRINGFIELD – Resources of St. Clair County associate judges range from relative comfort to a type of strain that affects a significant swath of the American population – student loan debt – according to a review of their statements of economic interest filed with the Illinois Supreme Court.

Associate Judge Janet Hormberg didn’t have to reveal the value of her investments in the statement, which is a public record, but she did it anyway.

Her statement stands out from those of other associate judges, who listed investments without revealing amounts. 

Foremost among the interests Hormberg listed last April, was a holding of $273,307.69 in St. Clair County deferred compensation. 

She also listed values for certificates of deposit at Bank of Belleville; checking accounts at US Bank and Regions Bank; savings and money market accounts at Regions. She further listed amounts with American Funds, Edward Jones, Franklin Templeton, Putnam, John Hancock, Alliance Bernstein and Calvert.

Those interests exceeded $1 million in total. She also listed holding 72 shares of Philip Morris, 72 of Altria, 65 of Exxon Mobil, 61 of Verizon, 32 of AT&T, and 12 of IBM.  

Associate Judge Jeffrey Watson held a retirement account and stock appreciation rights from his former employer, Casino Queen, as of Feb. 14. 

He held a revocable trust in his name and his spouse held one in her name, both dated Feb. 24, 2015; he owed between $100,000 and $250,000 to Edward Jones on a revolving line of credit; and he owed an amount in the same range to Stifel Bank and Trust. 

In a section about gifts, Watson wrote, “Becker, Hoerner, Ysursa, and Thompson – reception. Cook, Bartholomew, Shevlin, and Cook – reception.” 

Associate Judge Julia Gomric held college funds, retirement accounts, and other accounts with Merrill Lynch as of last April. 

She held mutual funds of Black Rock and Lord Abbett, stocks of Emerson Electric, Wisdom Tree, and Synergy Pharmaceuticals. She held a growth portfolio with Franklin Templeton. 

Associate Judge Julie Katz held a retirement account with a former law firm, another with American Funds, life policies with Mass Mutual and Northwestern Mutual, and half ownership of a time share property in Orlando as of last April.  

She wrote that her husband is a deputy circuit clerk and she would have a potential conflict if litigation involving the county were assigned to her. 

Associate Judge Tom Cannady owned two commercial buildings as of last April, with mortgages on each between $15,000 and $50,000. 

He held retirement accounts at Wells Fargo and Invesco, along with investments at American Funds including Investment Company of America, Capital Income Builder, Europacific Growth Fund, and shares of Walt Disney. 

He held an eleventh interest in Cannady Family Trust, which included investments at Stifel Nicolas. He received income as adjunct professor at Southwestern Illinois College. 

He wrote that Jeanne Aubuchon and John Lee owed him certain sums of money as a result of purchasing his interest in their firm. 

Associate Judge Dennis Doyle’s spouse Marcia Doyle held a retirement account as of last April, and they held savings and checking accounts, all at First National in Waterloo. 

Doyle reported no debt except his residence and his car. 

He wrote that his brother Daniel Doyle is a licensed attorney in Illinois, currently practicing in Kansas. He wrote that his first cousin Ann Hannigan is a licensed attorney in Illinois. 

Among 12 associate judges, six reported student debts. 

Associate Judge Tameeka Purchase owed more than $250,000 to Great Lakes Educational Loan Service as of last September. 

She wrote that she sold all interest in Sandifer Purchase law partnership and transferred it to a former partner, “however balance still owed.” 

Associate Judge Alana Mejias owed between $100,000 and $250,000 to education lender Navient as of last April. 

She held a 401k account with Fidelity. Among current interests of herself and her family, she listed the law office of spouse Lloyd M. Cueto. She listed Pitchers Sports Pub, a restaurant he and others owned. 

Associate Judge Patricia Kievlan owed between $50,000 and $100,000 to a student loan source she didn’t identify. 

She held retirement accounts through Laborers International and Provident Counseling, along with an education fund. 

Associate Judge William Clay’s spouse Kahalah Clay, circuit clerk of St. Clair County, owed Navient $50,000 to $100,000 as of last April. He held stock in 2H Medical Inc. 

Associate Judge Patrick Foley owed between $50,000 and $100,000 to education lender Nelnet as of March 14. His spouse owed between $15,000 and $50,000 to American Educational Services. 

He owned two real estate properties in Belleville, with a mortgage on each between $100,000 and $250,000. He owned two properties in Missouri; and he and his spouse each held a Prudential life policy, and he held two retirement accounts at Edward Jones. 

Associate Judge Stacey Campbell filed a crisp statement on March 4, writing, “I have a 401k through Vanguard. My husband has a 401k through Alerus.” 

She wrote that he works at Butler Supply and they own a home where they reside. 

She listed debts to education lenders Nelnet and Monela but didn’t show ranges. 

More News