Conner Prochaska
The data on this page comes from a financial disclosure filed by Conner Prochaska, who was picked to be: Director of the Advanced Research Projects Agency - Energy, Department of Energy. 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. |
|---|---|---|---|
| Bohr Quantum Technology Corp. | Chief of Strategic Partnerships, 1/2021 - 2/2025 | 1 | |
| Value Added Solutions Inc. | Consultant, 12/2021 - 2/2025 | 2 | |
| Guidepoint | Advisor, 10/2021 - 2/2025 | 3 | |
| Nextfed Inc. | Consultant, 12/2022 - 2/2025 | 4 | |
| Agford, LLC | Owner, 7/2021 - Present | Agford, LLC, which has been inactive since its inception, will remain dormant during my appointment. | 5 |
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. |
|---|---|---|---|---|---|
| Bohr Quantum Technology Corp. (Quantum Networking Technology) | $225K | Salary | 1 | ||
| Bohr Quantum Technology Corp. (Quantum Networking Technology) (stock) | $250K - $500K | None (or less than $201) | 2 | ||
| Nextfed Inc. (strategy consulting and M&A advisory firm) | $999 | Consulting Fees | 3 |
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)
| Organization | Agreement | Endnote | Line No. |
|---|---|---|---|
| Agford, LLC | Agford, LLC has been inactive since its inception. During my appointment to the position of Director of ARPA-E, Agford, LLC will remain inactive. I will not perform any services for the entity, except that I will comply with any court orders or subpoenas and any requirements involving legal filings, taxes, and fees that are necessary to maintain the firm while it is in an inactive status. (2021-07-01) | 1 |
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. |
|---|---|---|---|
| Bohr Quantum Technology Corp. | Services as Chief of Strategic Partnerships | 1 |
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)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Personal IRA | 1 | ||||
| USAA Aggressive Growth Fund Fund Class Shares (USAUX) | $15,001 - $50,000 | None (or less than $201) | 1.1 | ||
| USAA Cornerstone Moderately Aggressive Fund (USCRX) | $1,001 - $15,000 | None (or less than $201) | 1.2 | ||
| USAA International Fund Fund Class Shares (USIFX) | $1,001 - $15,000 | None (or less than $201) | 1.3 | ||
| USAA Science & Technology Fund Fund Class Shares (USSCX) | $1,001 - $15,000 | None (or less than $201) | 1.4 | ||
| USAA Small Cap Stock Fund Fund Class Shares (USCAX) | $15,001 - $50,000 | None (or less than $201) | 1.5 | ||
| USAA Precious Metals & Minerals Fund Fund Class Shares (USAGX) | $1,001 - $15,000 | None (or less than $201) | 1.6 | ||
| JPMorgan Chase & Co. | Salary | 2 | |||
| JPMorgan Chase & Co. (JPM), unvested restricted stock units | $50,001 - $100K | $2,501 - $5,000 | Dividends | 3 | |
| Discover Financial Services 401(k) | 4 | ||||
| State Street Target Retirement 2050 Fund Class K Shares (SSDLX) | $100K - $250K | None (or less than $201) | 4.1 | ||
| Consumer Bankers Association 401(k) | 5 | ||||
| American Funds 2050 Target Date Retirement Fund Class R4 Shs (RDITX) | $15,001 - $50,000 | None (or less than $201) | 5.1 | ||
| JPMorgan Chase & Co. 401(k) | 6 | ||||
| J.P. Morgan Target date 2050 fund (JTSAX) | $15,001 - $50,000 | None (or less than $201) | 6.1 | ||
| JPMorgan Chase & Co. (JPM), common stock | $250K - $500K | $201 - $1,000 | Dividends | 7 |
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. |
|---|---|---|---|---|---|
| U.S. Bank #1 (Cash) | $1,001 - $15,000 | None (or less than $201) | 1 | ||
| U.S. Bank #2 (Cash) | $1,001 - $15,000 | None (or less than $201) | 2 | ||
| U.S. Bank #3 (Cash) | $100K - $250K | None (or less than $201) | 3 | ||
| U.S. Brokerage Account #1 | 4 | ||||
| Discover Financial Services (DFS), common stock | $15,001 - $50,000 | $201 - $1,000 | Dividends | 4.1 |
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. |
|---|---|---|---|
| aidvantage | type: Student Loan, amount: $15,001 - $50,000, year-incurred: 2014, rate: 6.21%, term: 10 Years | 1 | |
| aidvantage | type: Student Loan, amount: $15,001 - $50,000, year-incurred: 2014, rate: 7.21%, term: 10 Years | 2 | |
| aidvantage | type: Student Loan, amount: $15,001 - $50,000, year-incurred: 2013, rate: 5.41%, term: 10 Years | 3 | |
| aidvantage | type: Student Loan, amount: $15,001 - $50,000, year-incurred: 2012, rate: 6.8%, term: 10 Years | 4 | |
| NelNet | type: Student Loan, amount: $15,001 - $50,000, year-incurred: 2009, rate: 6.55%, term: 10 years | 5 | |
| Wells Fargo | type: Mortgage on Personal Residence, amount: $500,001 - $1,000,000, year-incurred: 2019, rate: 3.75%, term: 30 Years | 6 | |
| IRS | type: Tax Installment Plan, amount: $15,001 - $50,000, year-incurred: 2024, rate: 8%, term: 18 Month | Completely paid, no longer a liability | 7 |
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.
