Skip to content

Benjamin Kohlmann

Reported Asset Values
$3.7M–$8M+

The data on this page comes from a financial disclosure filed by Benjamin Kohlmann, who was picked to be: Assistant Secretary of the Navy for Manpower and Reserve Affairs, Department of Defense. 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)

OrganizationPosition heldEndnoteLine No.
New American Industrial AllianceHead of Strategy, 1/2025 - Present1
Cubit CapitalInvestor and COO, 5/2023 - 1/20252
New Purpose, IncCEO, 1/2023 - 5/20233
Farcast, IncCEO, 2/2022 - 4/20234
Texas Southern UniversityRegent, 8/2024 - Present5
Firepit Partnerships, LPOrganizer, 7/2023 - 7/20246
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)

DescriptionValueIncomeIncome TypeEndnoteLine No.
New American Industrial Alliance (Multi-sector trade association advocating for Reindustrializing the US)$52,500Consulting Fees1
Cubit Capital (Venture Capital Firm focused on early stage company investing)$510KSeverance2
Cubit Capital (Venture Capital Firm focused on early stage company investing)$400KSalary/Bonus3
Roth IRA:4
ProShares UltraPro QQQ (TQQQ)$250K - $500KNone (or less than $201)4.1
Invesco QQQ Trust, Series 1 (QQQ)$15,001 - $50,000None (or less than $201)4.2
Vanguard Total Stock Market Index Fund ETF Class Shares (VTI)$100K - $250KNone (or less than $201)4.3
Tesla, Inc. (TSLA)$50,001 - $100KNone (or less than $201)4.4
Stitch Fix, Inc. (SFIX)$1,001 - $15,000None (or less than $201)4.5
McKinsey and Company 401k:5
State Street U.S. Total Market Index Non- Lending Series Fund Class A$100K - $250KNone (or less than $201)5.1
Farcast, Inc 401k:6
Fidelity Total Market Index Fund (FSKAX)$1,001 - $15,000None (or less than $201)6.1
Cubit Capital 401k7
Vanguard Total Stock Market Index Fund Admiral Class Shares (VTSAX)$50,001 - $100KNone (or less than $201)7.1
X Social Media Income$1,296Monetization Payments8
Firepit Partnerships, LP (Fortress Energy Partners IV One-time Management Fee)$1,950One time management fee for aggregating investments9
Firepit Partnerships, LP, carried interest (value not readily ascertainable): 2.5% profits for BirdDog Special Purpose VehicleNone (or less than $201)10
Firepit Partnerships, LP, carried interest (value not readily ascertainable): 2.5% profits for UpSmith Special Purpose VehicleNone (or less than $201)11
Firepit Partnerships, LP, carried interest (value not readily ascertainable): 1.0% profits for Fortress Energy Partners IV Special Purpose VehicleNone (or less than $201)Fortress Energy Partners IV invests in mineral rights in Martin, Midland, Glasscock, Reagan, Dawson and other Permian Basin, Texas counties.12
Employment Agreements

Officials are required to disclose agreements relating to other jobs, including what will happen with any small businesses they own during government service and any continued health care coverage, planned leaves of absence, severance or bonuses. (Form 278e, Part 3)

OrganizationAgreementEndnoteLine No.
McKinsey and CompanyI will continue to participate in this defined contribution plan, but the plan sponsor no longer makes contributions. (2018-01-01)1
Farcast, IncI will continue to participate in this defined contribution plan, but the plan sponsor no longer makes contributions. (2022-02-01)2
Cubit CapitalI will continue to participate in this defined contribution plan, but the plan sponsor no longer makes contributions. (2023-05-01)3
New American Industrial Alliance (NAIA)Month to month consulting contract with NAIA for $22,500 until a mutually agreed upon termination date. (2025-01-01)4
Firepit Partnerships, LP (BirdDog SPV)Pursuant to my contract, I retain carried interest in Firepit Partnerships, LP, as compensation for services provided in 2023. The percentage was fixed in 2023. Payment will be made if and when the fund profits from its investment (2023-05-01)5
Firepit Partnerships, LP (UpSmith SPV)Pursuant to my contract, I retain carried interest in Firepit Partnerships, LP, as compensation for services provided in 2023. The percentage was fixed in 2023. Payment will be made if and when the fund profits from its investment (2023-08-01)6
Firepit Partnerships, LP (Fortress Energy Partners IV SPV)Pursuant to my contract, I retain carried interest in Firepit Partnerships, LP, as compensation for services provided in 2024. The percentage was fixed in 2024. Payment will be made if and when the fund profits from its investment (2024-03-01)7
Compensation

Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)

OrganizationDescriptionEndnoteLine No.
New American Industrial AllianceServices as Head of Strategy1
Cubit CapitalServices as Investor and COO2
New Purpose, IncServices as CEO3
Firepit Partnerships, LPServices as Investor4
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)

DescriptionValueIncomeIncome TypeEndnoteLine No.
Dallas Top Realtor, LLC (Residential Real Estate Company)$100K - $250KSalary, LLC distribution1
Dave Perry Miller Real Estatecommissions1.1
Roth IRA2
Vanguard Total Stock Market Index Fund ETF Class Shares (VTI)$100K - $250KNone (or less than $201)2.1
Invesco QQQ Trust, Series 1 (QQQ)$15,001 - $50,000None (or less than $201)2.2
Self-Employed 401k3
Invesco QQQ Trust, Series 1 (QQQ)$250K - $500KNone (or less than $201)3.1
Vanguard Total Stock Market Index Fund ETF Class Shares (VTI)$100K - $250KNone (or less than $201)3.2
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)

DescriptionValueIncomeIncome TypeEndnoteLine No.
U.S. Bank #1 (Cash)$250K - $500KNone (or less than $201)Interest1
HSA #1:2
Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX)$15,001 - $50,000None (or less than $201)2.1
US Savings Bonds$1,001 - $15,000None (or less than $201)3
Verdad Private Equity Fund$100K - $250KNone (or less than $201)4
Saturn Five Opportunity Zone Fund5
Noah's Ark (Whitewater Rafting Tour Company), Colorado$50,001 - $100KNone (or less than $201)5.1
Fading West (Modular Home Construction Company), Colorado$50,001 - $100KNone (or less than $201)5.2
Deerwoods (Real Estate Management Company), Colorado$1,001 - $15,000None (or less than $201)5.3
Carbonate Street Apartments (Residential Housing Complex), Buena Vista, Colorado$1,001 - $15,000None (or less than $201)5.4
Levels Health (Private, VC-backed Series A health care company making continuous glucose monitors)$1,001 - $15,000None (or less than $201)6
Atticus Legal (Private, VC-backed Series A company using AI to provide legal services)$250K - $500KNone (or less than $201)7
Vannevar Labs (Private, VC-backed Series B company that builds defense tech hardware and software for the intelligence community)$1,001 - $15,000None (or less than $201)8
3M Co. (MMM)$1,001 - $15,000$201 - $1,000Dividends9
UpSmith (Private, VC-backed Series Seed company building sales software for HVAC companies)$15,001 - $50,000None (or less than $201)10
Harbinger (Private, VC-backed Series B company building electric delivery trucks)$1,001 - $15,000None (or less than $201)11
BirdDog (Private, VC-backed Series Seed company building a hunting vacation rental platform)$1,001 - $15,000None (or less than $201)12
CHAOS Industries (Private, VC-backed Series C company building hardware and software for defense and intelligence community customers)$15,001 - $50,000None (or less than $201)13
Slingshot Aerospace (Private, Series A Company building software for Space Domain Awareness for government and civilian customers)$15,001 - $50,000None (or less than $201)14
Galvanick (Private, VC-backed Series Seed company building cybersecurity detection software for industrial users)$1,001 - $15,000None (or less than $201)15
HSA #2: U.S. Bank #1 (Cash)$1,001 - $15,000None (or less than $201)16
CoinBase Wallet17
Bitcoin$100K - $250KNone (or less than $201)17.1
Ether$15,001 - $50,000None (or less than $201)17.2
Utah College Savings Plan (529)18
my529 Total Stock Market Index Fund$250K - $500KNone (or less than $201)18.1
Guardian Whole Life Insurance Policy #1$100K - $250KNone (or less than $201)19
Guardian Whole Life Insurance Policy #2$100K - $250KNone (or less than $201)20
Residential Real Estate Property #1, Dallas, TX$500K - $1M$15,001 - $50,000Rent or Royalties21
Residential Real Estate Property #2, Dallas, TX$500K - $1M$5,001 - $15,000Rent or Royalties22
Residential Real Estate Property #3, Dallas, TX$500K - $1M$5,001 - $15,000Rent or Royalties23
Residential Real Estate Property #4, Dallas, TX$250K - $500K$5,001 - $15,000Rent or Royalties24
BROKERAGE ACCOUNT25
Vanguard Total Stock Market Index Fund ETF Class Shares (VTI)$250K - $500K$5,001 - $15,00025.1
Invesco QQQ Trust, Series 1 (QQQ)$250K - $500K$1,001 - $2,50025.2
Berkshire Hathaway Inc. (BRKB)$1,001 - $15,000None (or less than $201)25.3
Roth IRA, Dependent Accounts26
Invesco QQQ Trust, Series 1 (QQQ)$15,001 - $50,000None (or less than $201)26.1
KASA (VC-backed, Series C Private Company for Corporate Home Sharing)$1,001 - $15,000None (or less than $201)27
NALA (VC-backed, Series A Private Company building a cross-border payments solutions)$1,001 - $15,000None (or less than $201)28
U.S. bank, Dependent Savings Accounts (Cash)$1,001 - $15,000None (or less than $201)29
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)

CreditorDescriptionEndnoteLine No.
PHH Mortgagetype: Mortgage (investment/rent al property), amount: $250,001 - $500,000, year-incurred: 2020, rate: 4.25%, term: 30 years1
Chase banktype: Mortgage (investment/rent al property), amount: $250,001 - $500,000, year-incurred: 2021, rate: 2.5%, term: 30 years2
PENNYMACtype: Mortgage (investment/rent al property), amount: $100,001 - $250,000, year-incurred: 2021, rate: 3.25%, term: 30 years3
Carrington Mortgage Servicestype: Mortgage on Personal Residence, amount: $1,000,001 - $5,000,000, year-incurred: 2021, rate: 2.5%, term: 30 years4
Lakeview Mortgage by Mr Coopertype: Mortgage (investment/rent al property), amount: $250,001 - $500,000, year-incurred: 2022, rate: 4.5%, term: 30 years5

Journalism That Holds Power to Account

Sign up for ProPublica’s Big Story newsletter and get our latest stories delivered straight to your inbox.