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Thelma Drake Awaiting Senate Confirmation

Transportation (joined: Feb. 14, 2018)

Federal Transit Administrator | Financial Disclosure »

Former Positions Outside Government

Former Compensation Sources

  • City of Norfolk, VA I am an Assistant Director of Public Works and have headed the Transportation Division since Sept. 2016. I am temporarily serving as both the Assistant Public Works director and the Government Relations/Legislative Liaison. In 2015, I was hired by the City of Norfolk in a part time role as a Strategic Transportation Planner.
  • Virginia Hospital and Healthcare Association I was the outreach person for the Hampton Roads region to coordinate with Hospital members, the community and our VA legislators

See more financial disclosure details ⬇

Employment Assets

Description Value Income
City of Norfolk, VA $177,677
Virginia Hospital and Healthcare Association $55,080
Home Depot $1,001 - $15,000 None (or less than $201)
Oracle Corp $1,001 - $15,000 None (or less than $201)
Putnam Growth Opportunities A $1,001 - $15,000 None (or less than $201)
Balanced Portfolio C American Funds $1,001 - $15,000 None (or less than $201)
American Investors Life Insurance Co., Inc., BPA Select Annuity 12 (fixed annuity) $100,001 - $250,000 None (or less than $201)
Commonwealth of Virginia, defined benefit plan (value not readily ascertainable) $2,378
City of Norfolk Defined Benefit Plan $1,001 - $15,000 None (or less than $201)

Other Income/Assets

Description Value Income
Duke Energy Corp Stock $50,001 - $100,000 $2,501 - $5,000
Dominion Resources Inc Stock $15,001 - $50,000 $1,001 - $2,500
Dominion Resources Inc Stock $15,001 - $50,000 $1,001 - $2,500
VCSP/College America (529) - American Funds Capital World Growth & Income A- 529 $1,001 - $15,000 None (or less than $201)
U.S. Bank Account # 1 (cash checking) $50,001 - $100,000 None (or less than $201)
U.S. Bank Account # 2 (cash savings) $100,001 - $250,000 $201 - $1,000
U.S. Bank Account # 3 (cash savings) $1,001 - $15,000 None (or less than $201)
U.S. Bank Account # 4 (cash checking and saving) $100,001 - $250,000 $201 - $1,000
U.S. Bank Account # 5 (cash checking) $15,001 - $50,000 None (or less than $201)
Mass Mutual Whole Life Insurance $50,001 - $100,000 None (or less than $201)
Norfolk, VA residential investment property #1 (Joint ownership with spouse) $100,001 - $250,000 $15,001 - $50,000
Norfolk, VA residential investment property #2 (Joint ownership with spouse) $100,001 - $250,000 $15,001 - $50,000
Norfolk, VA residential investment property #3 (joint ownership with spouse) $100,001 - $250,000 $15,001 - $50,000
Norfolk, VA commercial investment property #1 $100,001 - $250,000 $5,001 - $15,000
Norfolk, VA residential investment property #4 (joint ownership with spouse) $100,001 - $250,000 $15,001 - $50,000
Norfolk, VA residential investment property #5 (owned by spouse, and another person) $50,001 - $100,000 None (or less than $201)
Norfolk, VA residential investment property #6 (Joint ownership with spouse) None (or less than $1,001) $50,001 - $100,000
Norfolk, VA residential investment property #7 (Joint ownership with spouse) None (or less than $1,001) $50,001 - $100,000
Loan (receivable) from Jerry Collier for residential property #6 and #7, Norfolk, VA $250,001 - $500,000 $15,001 - $50,000
Loan (receivable) from Douglas Scott Camomile for residential property #8, Norfolk, VA (Joint ownership with spouse) $100,001 - $250,000 $1,001 - $2,500
Loan (receivable) from Malcolm B. Harris for residential property #9, Norfolk, VA. (Owned by filer, spouse, and two other people.) $50,001 - $100,000 $5,001 - $15,000
Loan (receiveable) from Mc Charter, LCC (boat rental company) $15,001 - $50,000 None (or less than $201)
Mass Mutual Whole Life Policy $50,001 - $100,000 None (or less than $201)
Norfolk, VA residential investment property #8 None (or less than $1,001) $15,001 - $50,000
U.S. brokerage cash management account (cash) $1,001 - $15,000 None (or less than $201)

Employment Agreements and Arrangements

Employer or Party City, State Status and Terms Date
City of Norfolk Norfolk, Virginia I will roll my funds out of this unvested defined benefit plan. Sept. 16, 2016
Commonwealth of Virginia Richmond, Virginia I will continue to participate in this defined benefit plan. Jan. 16, 2014

Liabilities

Creditor Name Creditor Type Amount Rate Year Incurred
Wells Fargo Exercised Line of Credit $50,001 - $100,000 3% 2017
Wells Fargo (This note was paid off with the sale of the property) Exercised Line of Credit $10,001 - $15,000 3% 2017

Spouse's Employment Assets

Description Value Income Type Income Amount
American Funds Europacific Growth Fund CI A $1,001 - $15,000 None (or less than $201)
American Funds Fundamental Investors Fund A $15,001 - $50,000 None (or less than $201)
American Funds Growth Fund of America $15,001 - $50,000 None (or less than $201)
American Funds New Economy Fund CI A $15,001 - $50,000 None (or less than $201)
American Funds Capital World Grw&Inc Fund A $1,001 - $15,000 None (or less than $201)
American Funds American Balanced Fund Class C $1,001 - $15,000 None (or less than $201)
Fidelity Investments Magellan Fund $1,001 - $15,000 None (or less than $201)
Invesco Global Growth Class A $1,001 - $15,000 None (or less than $201)
Invesco Global Health Care Class A $1,001 - $15,000 None (or less than $201)
Ridgeworth Silvant LRG Cap GRStk Cl A $1,001 - $15,000 None (or less than $201)
Vanguard FTSE Developed Market ETF $1,001 - $15,000 None (or less than $201)
American Equity Retirement Gold (fixed deferred indexed annuity) $1,001 - $15,000 None (or less than $201)
Advantage Oil & Gas Ltd. $1,001 - $15,000 None (or less than $201)
Home Depot $1,001 - $15,000 None (or less than $201)
Time Warner New Com New $1,001 - $15,000 None (or less than $201)
The Hampton Roads Home Team - sub S- Corp (real estate sales)
Trademark: The Heart of Hampton Roads (value unascertainable) None (or less than $201)
OSO Music, LLC (holds cash account at a US bank) $1,001 - $15,000 None (or less than $201)
Thelma Drake and Associates (holds cash account at a US bank) $1,001 - $15,000 None (or less than $201)
Residential real estate sales and rental property management - S-corp income $15,001 - $50,000 business income

Do you know something about Thelma Drake? Send us an email at [email protected] or send a Signal message to 347-244-2134.

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