David Barker
Reported Asset Values
$28M–$135M+
The data on this page comes from a financial disclosure filed by David Barker, who was picked to be: Assistant Secretary for Postsecondary Education, Department of Education. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.
Roles Outside Government
Officials are required to disclose paid or unpaid positions they hold or recently held outside the federal government, including roles as officer, director, trustee or employee. (Form 278e, Part 1)
| Organization | Position held | Endnote | Line No. |
|---|---|---|---|
| Eastlake Partnership | General Partner, 8/1987 - Present | 1 | |
| BBR Apartments QC Inc. | President, 4/2019 - Present | 2 | |
| Winding Hills Apartments Cooperative Inc. | Director, 9/2002 - Present | 3 | |
| Winding Hills Apts. LLC | Manager, 9/2002 - Present | 4 | |
| Indian Ridge Apartments Cooperative | Director, 10/2001 - Present | 5 | |
| Indian Ridge Apts., LLC | Manager, 10/2001 - Present | 6 | |
| Windsor Crest Apartments Cooperative | Director, 6/1999 - Present | 7 | |
| Windsor Crest Apts., Inc. | President, 11/2006 - Present | 8 | |
| Kimberly Club Apartments Cooperative | Director, 12/2004 - Present | 9 | |
| Kimberly Club Apts., LLC | Manager, 3/2001 - Present | 10 | |
| Deer Valley Apartments, LLC | Managing Member, 5/2012 - Present | 11 | |
| Calverhall Apartment Property Management, Inc. | President, 1/1999 - Present | 12 | |
| River Rocks, Inc. | President, 3/2020 - Present | 13 | |
| BBR Oil II, LLC | Managing Member, 3/2020 - Present | 14 | |
| Flioway, LLC | Managing Member, 12/2013 - Present | 15 | |
| Flioway II, LLC (currently dormant) | Managing Member, 4/2018 - Present | 16 | |
| Swanson Productions, LLC | Managing Member, 6/2018 - Present | 17 | |
| Schneider Building, LLC | Managing Member, 11/2020 - Present | 18 | |
| Goldfinch, LLC | Managing Member, 8/2012 - Present | 19 | |
| BBR Oil V, LLC (currently dormant) | Managing Member, 12/2020 - Present | 20 | |
| BBR Oil, LLC (currently dormant) | Managing Member, 10/2009 - Present | 21 | |
| BBR Oil IV, LLC (currently dormant) | Managing Member, 8/2012 - Present | 22 | |
| BBR Oil VI, LLC | Managing Member, 12/2020 - Present | 23 | |
| BBR Oil VII, LLC | Managing Member, 9/2021 - Present | 24 | |
| BBR Oil VIII, LLC (currently dormant) | Managing Member, 10/2021 - Present | 25 | |
| BBR Oil IX, LLC | Managing Member, 12/2022 - Present | 26 | |
| BBR Oil X, LLC | Managing Member, 11/2022 - Present | 27 | |
| Wanda Manor Apts., Inc. | Managing Member, 7/2012 - Present | 28 | |
| Peachtree Apts., LLC (currently dormant) | Managing Member, 5/2012 - Present | 29 | |
| Iowa City Downtown Properties, LLC | Managing Member, 5/2019 - Present | 30 | |
| Eagle's Crest Condos, LLC | Managing Member, 1/2012 - Present | 31 | |
| Barker Brewery Square Partnership | General Partner, 4/2000 - Present | 32 | |
| Barker Financial, LLC | Managing Member, 10/2011 - Present | 33 | |
| West Bank | Advisory Board Member, 1/2016 - Present | 34 | |
| St. Martin Land Company | Director, 11/2021 - Present | 35 | |
| Small Business Bank | Director, 4/2015 - Present | 36 | |
| Barkeast, LLC | Managing Member, 12/2021 - Present | 37 | |
| WCRB, LLC | Managing Member, 2/2023 - Present | 38 | |
| Wilkins Managing Member LLC | Managing Member, 5/2024 - Present | 39 | |
| Simple Management Group, Inc. | Director, 10/2021 - Present | 40 | |
| Promising People | Director, 3/2021 - Present | 41 | |
| Iowa Board of Regents | Regent, 5/2019 - Present | 42 | |
| Iowa Economic Development Authority | Board Member (ex officio), 5/2018 - Present | 43 | |
| Empower Rural Iowa Task Force | Board Member, 8/2018 - Present | 44 | |
| Iowa College Student Aid Commission | Commissioner (ex officio), 5/2024 - Present | 45 | |
| Iowa State University Research Foundation | Director, 8/2022 - 4/2024 | 46 | |
| Econ Journal Watch | Co-Editor, 2/2023 - Present | 47 | |
| Speiser Krause, PC | Consultant, 2/2022 - Present | 48 | |
| family trust | Trustee, 12/2013 - Present | 49 |
Employment Assets
Officials are required to disclose assets associated with their employment, including salary, retirement accounts, stocks, intellectual property and awards or prizes. (Form 278e, Part 2)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Eastlake Partnership (residential real estate, Coralville, Iowa) | $5M - $25M | $289K | Business Income | 1 | |
| Calverhall Apartment Property Management, Inc. (Multifamily real estate management) | $157K | Salary/Bonus | This entity only provides management services and does not actually hold any property or interests in other entities that hold property. | 2 | |
| Calverhall Apartment Property Management, Inc. (Multifamily real estate management) | None (or less than $1,001) | None (or less than $201) | 3 | ||
| BBR Oil II, LLC (Commercial real estate ownership) | $250K - $500K | None (or less than $201) | 4 | ||
| commercial real estate, Ames, Iowa | 4.1 | ||||
| residential real estate, U.S. Virgin Islands | 4.2 | ||||
| Flioway, LLC (Aviation) | $1M - $5M | $15,659 | Business Income | 5 | |
| BBR Oil VII, LLC (Owns commercial real estate.) | $1M - $5M | $689K | Business Income | 6 | |
| commercial real estate, Cedar Falls, Iowa | 6.1 | ||||
| commercial real estate, East Moline, Illinois | 6.2 | ||||
| commercial real estate, Milan, Illinois | 6.3 | ||||
| commercial real estate, Detroit, Michigan | 6.4 | ||||
| commercial real estate, Baton Rouge, Louisiana | 6.5 | ||||
| commercial real estate, Austin, Texas | 6.6 | ||||
| BBR Oil IX, LLC (Owns commercial real estate.) | $50,001 - $100K | None (or less than $201) | 7 | ||
| commercial real estate, Las Vegas, Nevada | 7.1 | ||||
| commercial real estate, Eau Claire, Wisconsin | 7.2 | ||||
| commercial real estate, Stockbridge, Michigan | 7.3 | ||||
| commercial real estate, Menominie, Wisconsin | 7.4 | ||||
| commercial real estate, Mt. Pleasant, South Carolina | 7.5 | ||||
| Wanda Manor Apts., LLC. (Owns commercial real estate.) | $1M - $5M | $341K | Business Income | 8 | |
| BBR Oil VI, LLC (Owns commercial real estate.) | 8.1 | ||||
| Commercial real estate, Carmel, Indiana | 8.1.1 | ||||
| Commercial real estate, Monroeville, Pennsylvania | 8.1.2 | ||||
| commercial real estate, Boardman, Ohio | 8.1.3 | ||||
| commercial real estate, Canfield, Ohio | 8.1.4 | ||||
| commercial real estate, Medina, Ohio | 8.1.5 | ||||
| commercial real estate, Niles, Ohio | 8.1.6 | ||||
| commercial real estate, Ravennah, Ohio | 8.1.7 | ||||
| commercial real estate, Wadsworth, Ohio | 8.1.8 | ||||
| commercial real estate, Ankeny, Iowa | 8.2 | ||||
| Commercial real estate, Carmel, Indiana | 8.3 | ||||
| Commercial real estate, Monroeville, Pennsylvania | 8.4 | ||||
| Commercial real estate, Ravenna, Ohio | 8.5 | ||||
| Commercial real estate, Iowa | 8.6 | ||||
| Commercial real estate, Wadsworth, OH | 8.7 | ||||
| Commercial real estate, Medina, OH | 8.8 | ||||
| Commercial real estate, Niles, OH | 8.9 | ||||
| Commercial real estate, Boardman, OH | 8.10 | ||||
| Commercial real estate, Canfield, OH | 8.11 | ||||
| Eagle's Crest Condos, LLC (commercial real estate, Iowa City, Iowa) | $250K - $500K | $10,177 | Business Income | 9 | |
| Barker Brewery Square Partnership (commercial real estate, Iowa City, Iowa) | $250K - $500K | $57,980 | Business Income | 10 | |
| Barker Financial, LLC (Commercial lending and commercial property ownership.) | $5M - $25M | $1.2M | Business Income | 11 | |
| River Rocks, Inc. (Restaurant management) | 11.1 | ||||
| Schneider Building, LLC (Commercial real estate, Iowa City, Iowa) | 11.2 | ||||
| Iowa City Downtown Properties, LLC (commercial real estate, Iowa City, Iowa) | 11.3 | ||||
| Wilkins Managing Member LLC (Commercial real estate, Des Moines, Iowa) | 11.4 | ||||
| Barkeast, LLC (Development land, Fairview, Tennessee) | 11.5 | ||||
| West Bank | $2,800 | Advisory Board fees | 12 | ||
| WCRB, LLC (Commercial real estate, Utah) | $250K - $500K | None (or less than $201) | 13 | ||
| Promising People (Virtual reality products.) | None (or less than $1,001) | None (or less than $201) | 14 | ||
| Swanson Productions, LLC (Entertainment venue management) | None (or less than $1,001) | None (or less than $201) | 15 | ||
| BBR Oil X, LLC (Owns commercial real estate.) | $1M - $5M | None (or less than $201) | 16 | ||
| commercial real estate, Hartley, Iowa | 16.1 | ||||
| commercial real estate, Sanborn, Iowa | 16.2 | ||||
| commercial real estate, Boyden, Iowa | 16.3 | ||||
| St. Martin Land Company | $100K - $250K | $5,001 - $15,000 | Rent or Royalties | 17 | |
| Oil lease, St. Martin's Parish, Louisiana - The Termo Company | 17.1 | ||||
| Farming and hunting, leases - St. Martin Parish, Louisiana | 17.2 | ||||
| St. Martin Land Company (Real Estate Development and Land/Mineral Rights leasing) | $62,800 | Director Fees | 18 | ||
| Small Business Bank | $250K - $500K | None (or less than $201) | 19 | ||
| Simple Management Group, Inc. (Retail and consumer finance) | $500K - $1M | None (or less than $201) | 20 | ||
| Goldfinch, LLC (Holding company for stock in Simple Management Group, Inc) | $1M - $5M | None (or less than $201) | 21 | ||
| Speiser Krause, PC (Law firm) | $48,448 | Consulting Fees | 22 | ||
| American Institute for Economic Research (10/25/2022) | $300 | Fee for writing an article. | 23 | ||
| BBR Apartments QC Inc. | $5M - $25M | $3.2M | Business Income | 24 | |
| Indian Ridge Apartments Cooperative (residential real estate, Davenport, Iowa) | 24.1 | ||||
| Winding Hills Apartments Cooperative Inc. (residential real estate, Davenport, Iowa) | 24.2 | ||||
| Winding Hills Apts. LLC (leases residential real estate, Davenport, Iowa) | 24.3 | ||||
| Indian Ridge Apts., LLC (leases residential real estate, Davenport, Iowa) | 24.4 | ||||
| Windsor Crest Apartments Cooperative (residential real estate, Davenport, Iowa) | 24.5 | ||||
| Windsor Crest Apts., Inc. (leases residential real estate, Davenport, Iowa) | 24.6 | ||||
| Kimberly Club Apartments Cooperative (residential real estate, Davenport, Iowa) | 24.7 | ||||
| Kimberly Club Apts., LLC (leases residential real estate, Davenport, Iowa) | 24.8 | ||||
| Indian Ridge Apartments Cooperative (residential real estate, Davenport, Iowa) | 24.9 | ||||
| Deer Valley Apartments, LLC (residential real estate, Silvis Illinois) | $5M - $25M | $666K | Business Income | 25 |
Compensation
Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)
| Organization | Description | Endnote | Line No. |
|---|---|---|---|
| Calverhall Apartment Property Management, Inc. | Services as President | 1 | |
| St. Martin Land Company | Services as Director | 2 | |
| Speiser Krause, PC | Services as Expert Witness | 3 | |
| The Estate of Byron Cocke | Expert witness services as a client of Speiser Krause, PC | 4 | |
| Eastlake Partnership | Services as General Partner | 5 | |
| Flioway, LLC | Services as Managing Member | 6 | |
| Wanda Manor Apts., Inc. | Services as Managing Member | 7 | |
| Eagle's Crest Condos, LLC | Services as Managing Member | 8 | |
| BBR Oil VII, LLC | Services as Managing Member | 9 | |
| Barker Brewery Square Partnership | Services as General Partner | 10 | |
| BBR Apartments QC Inc. | Services as President | 11 | |
| Deer Valley Apartments, LLC | Services as Managing Member | 12 | |
| Barker Financial, LLC | Services as Managing Member | 13 |
Spouse’s Assets
Officials are required to disclose their spouse’s assets, including salary and retirement accounts worth more than $1,000. (Form 278e, Part 5)
Other Assets and Income
Officials are required to disclose other assets and sources of investment income belonging to them, their spouse or their dependent children. These include annuities, bonds, cash, college savings plans, farms, precious metals, real estate, stocks, trusts and wills. (Form 278e, Part 6)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Farm in Johnson County, Iowa (partial interest) (leased for cash rent) | $250K - $500K | $5,001 - $15,000 | Rent or Royalties | 1 | |
| family trust | 2 | ||||
| Nationwide Life & Annuity Insurance Co., universal life | $1M - $5M | None (or less than $201) | 2.1 | ||
| Homewood Suites hotel (Dillon, CO) | $50,001 - $100K | $5,200 | Distribution | 2.2 | |
| Courtyard Marriott hotel (Sioux City, Iowa) | $50,001 - $100K | None (or less than $201) | 2.3 | ||
| U.S. bank account #1 (Cash) | $1,001 - $15,000 | None (or less than $201) | 2.4 | ||
| U.S. bank Account #2 (cash) | $50,001 - $100K | None (or less than $201) | 3 | ||
| U.S. bank Account #3 (cash) | $1,001 - $15,000 | None (or less than $201) | 4 | ||
| U.S. bank account #4 (Cash) | $1,001 - $15,000 | None (or less than $201) | 5 |
Liabilities
Officials are required to disclose their liabilities totaling more than $10,000, as well as any linked to their spouse or dependent children. These include mortgages, credit card debt and student loans. The interest rates and loan repayment terms are also required. (Form 278e, Part 8)
| Creditor | Description | Endnote | Line No. |
|---|---|---|---|
| Hills Bank and Trust | type: Mortgage on Personal Residence, amount: $250,001 - $500,000, year-incurred: 2018, rate: 3.25%, term: 15 years | 1 | |
| GreenState CU | type: Mortgage (investment/rent al property), amount: $5,000,001 - $25,000,000, year-incurred: 2021, rate: 3.75%, term: 10 years | Business Loan for Winding Hills personally guaranteed by filer | 2 |
| GreenState CU | type: Mortgage (investment/rent al property), amount: $1,000,001 - $5,000,000, year-incurred: 2025, rate: 6.55%, term: 5 years | Business Loan for Winding Hills personally guaranteed by filer | 3 |
| GreenState CU | type: Mortgage (investment/rent al property), amount: $1,000,001 - $5,000,000, year-incurred: 2024, rate: 6.65%, term: 5 years | Business Loan for Winding Hills personally guaranteed by filer | 4 |
| GreenState CU | type: Mortgage (investment/rent al property), amount: $1,000,001 - $5,000,000, year-incurred: 2021, rate: 3.75%, term: 10 years | Business Loan for Windsor Crest personally guaranteed by filer | 5 |
| GreenState CU | type: Mortgage (investment/rent al property), amount: $500,001 - $1,000,000, year-incurred: 2025, rate: 6.55%, term: 5 years | Business Loan for Windsor Crest personally guaranteed by filer | 6 |
| GreenState CU | type: Mortgage (investment/rent al property), amount: $1,000,001 - $5,000,000, year-incurred: 2024, rate: 6.65%, term: 5 year | Business Loan for Windsor Crest personally guaranteed by filer | 7 |
| GreenState CU | type: Mortgage (investment/rent al property), amount: $250,001 - $500,000, year-incurred: 2021, rate: 3.75%, term: 10 years | Business Loan for Windsor Crest personally guaranteed by filer | 8 |
| Hills Bank | type: Mortgage (investment/rent al property), amount: $5,000,001 - $25,000,000, year-incurred: 2011, rate: 4.00%, term: 14 years | Business Loan for Kimberly Club personally guaranteed by filer | 9 |
| West Bank | type: Mortgage (investment/rent al property), amount: $5,000,001 - $25,000,000, year-incurred: 2015, rate: 3.50%, term: 11 years | Business Loan for Indian Ridge personally guaranteed by filer | 10 |
| West Bank | type: Mortgage (investment/rent al property), amount: $5,000,001 - $25,000,000, year-incurred: 2025, rate: 7.00%, term: 2 years | Business Loan for Deer Valley personally guaranteed by filer | 11 |
| West Bank | type: Mortgage (investment/rent al property), amount: $1,000,001 - $5,000,000, year-incurred: 2018, rate: 4.95%, term: 9 years | Business Loan for Deer Valley personally guaranteed by filer | 12 |
| Hills Bank | type: Mortgage (investment/rent al property), amount: $1,000,001 - $5,000,000, year-incurred: 2018, rate: 3.85%, term: 7 years | Business Loan for Eastlake Partnership personally guaranteed by filer | 13 |
| West Bank | type: Mortgage (investment/rent al property), amount: $5,000,001 - $25,000,000, year-incurred: 2014, rate: 7.50%, term: 11 years | Business Loan for Eastlake Partnership personally guaranteed by filer | 14 |
| Hills Bank | type: Mortgage (investment/rent al property), amount: $1,000,001 - $5,000,000, year-incurred: 2013, rate: 7.14%, term: 25 years | Business Loan for BBR Oil II, LLC personally guaranteed by filer | 15 |
| Hills Bank | type: Mortgage (investment/rent al property), amount: $250,001 - $500,000, year-incurred: 2024, rate: 6.65, term: 5 years | Business Loan for BBR Oil II, LLC personally guaranteed by filer | 16 |
| Merchants Commercial Bank | type: Mortgage (investment/rent al property), amount: $1,000,001 - $5,000,000, year-incurred: 2024, rate: 7.75%, term: 7 years | Business Loan for BBR Oil II, LLC personally guaranteed by filer | 17 |
| GreenState CU | type: Mortgage (investment/rent al property), amount: $1,000,001 - $5,000,000, year-incurred: 2017, rate: 4.50%, term: 10 years | Business Loan for Wanda Manor Apts., LLC personally guaranteed by filer | 18 |
| West Bank | type: Mortgage (investment/rent al property), amount: $5,000,001 - $25,000,000, year-incurred: 2020, rate: 3.375%, term: 6 years | Business Loan for Wanda Manor Apts., LLC personally guaranteed by filer | 19 |
| West Bank | type: Master Loan, amount: $5,000,001 - $25,000,000, year-incurred: 2021, rate: 3.375%, term: 5 years | Business Loan for BBR Oil VII, LLC personally guaranteed by filer | 20 |
| West Bank | type: Business Loan, amount: $5,000,001 - $25,000,000, year-incurred: 2022, rate: 4.88%, term: 5 years | Business Loan for BBR Oil VII, LLC personally guaranteed by filer | 21 |
| West Bank | type: Business Loan, amount: $500,001 - $1,000,000, year-incurred: 2022, rate: 4.88%, term: 5 years | Business Loan for BBR Oil VII, LLC personally guaranteed by filer | 22 |
| West Bank | type: Business Loan, amount: $5,000,001 - $25,000,000, year-incurred: 2022, rate: 5.17%, term: 5 years | Business Loan for BBR Oil VII, LLC personally guaranteed by filer | 23 |
| West Bank | type: Business Loan, amount: $5,000,001 - $25,000,000, year-incurred: 2022, rate: 5.17%, term: 5 years | Business Loan for BBR Oil VII, LLC personally guaranteed by filer | 24 |
| West Bank | type: Business Loan, amount: $5,000,001 - $25,000,000, year-incurred: 2022, rate: 5.75%, term: 6 years | Business Loan for BBR Oil IX, LLC personally guaranteed by filer | 25 |
| West Bank | type: Business Loan, amount: $1,000,001 - $5,000,000, year-incurred: 2024, rate: 7.75%, term: 5 years | Business Loan for BBR Oil IX, LLC personally guaranteed by filer | 26 |
| West Bank | type: Business Loan, amount: $1,000,001 - $5,000,000, year-incurred: 2023, rate: 5.75%, term: 5 years | Business Loan for BBR Oil X, LLC personally guaranteed by filer | 27 |
| Hills Bank | type: Mortgage (investment/rent al property), amount: $1,000,001 - $5,000,000, year-incurred: 2025, rate: 6.35%, term: 5 year | Business Loan for Iowa Downtown Properties, LLC personally guaranteed by filer | 28 |
| West Bank | type: Mortgage (investment/rent al property), amount: $250,001 - $500,000, year-incurred: 2021, rate: 7.00%, term: 8 years | Business Loan for Iowa Downtown Properties, LLC personally guaranteed by filer | 29 |
| Hills Bank | type: Business Loan, amount: $500,001 - $1,000,000, year-incurred: 2009, rate: 6.30%, term: 23 years | Business Loan for Barker Brewery Square Partnership personally guaranteed by filer | 30 |
| West Bank | type: Mortgage (investment/rent al property), amount: $5,000,001 - $25,000,000, year-incurred: 2024, rate: 7.50%, term: 2 years | Business Loan for Wilkins Managing Member, LLC personally guaranteed by filer | 31 |
| West Bank | type: Business Loan, amount: $1,000,001 - $5,000,000, year-incurred: 2025, rate: 7.25%, term: 5 years | Business Loan for Flioway, LLC personally guaranteed by filer | 32 |
About the Data
Most political appointees and senior officials in the executive branch are required by law to file public financial disclosure reports. These are documents that detail their financial holdings, positions they hold outside government, their spouse’s holdings, their liabilities and their recent financial transactions (such as buying or selling stock) during a defined reporting period.
The most senior officials file their disclosures with an agency called the Office of Government Ethics, and others file them with a designated ethics official within their agency. The Ethics in Government Act allows members of the public and the press to request these documents.
We’re publishing this information to give the public an important glimpse into the financial ties of a powerful and often hidden cadre of presidential appointees within the federal bureaucracy.
The main document type included in the database is the OGE Form 278e, which appointees must file when they are nominated (for Senate-confirmed appointees) or when they enter government (all others), and then annually while in the position. Another common document included is the OGE Form 278-T, also known as a periodic transaction report, which all public filers must submit within 30 days of a transaction. We are also making other ethics documents available, such as ethics agreements, certificates of divestiture and other documents we have obtained under the Ethics in Government Act.
Join us on Wednesday, April 8 for a walkthrough of ProPublica's new database of financial disclosures from Trump appointees and any potential conflicts they reveal. Register here.
Related Stories
Read ProPublica reporting on the disclosure documents.
