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Financial disclosures help prevent and identify potential conflicts of interest by providing for a systematic review of the financial interests of current and prospective public employees and candidates for elected office. DISCLAIMER: The financial data presented in our database includes the filer as well as his or her spouse and dependent children whenever applicable. Click on the "original form" link under each name to see the breakdown of these sources.

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2024 Financial Disclosure

Herbert “Tim” Richards, III

Summary

1. Source of Income Total Income: $109,000 - $265,000
2. Ownership or beneficial interests in business Total Value: $0
4. Creditors Total Debts: $161,000 - $335,000
5. Officerships, directorships, trusteeships Businesses: 7
6. Interests in real property held, excluding personal residence(s) Total Value: $150,000 - $250,000
9. Interests in Personal Residence (Maui County Only) Amount Owed: N/A
11. Creditor interests in insolvent businesses Total Value: N/A
12. Gifts Total Value: N/A

Disclosures

1. Source of Income
Source Services Rendered Amount
Atherton Richards Trust Other $1,000 - $10,000
State of Hawaii Employment $1,000 - $10,000
Equine Services (SPOUSE) Other $10,000 - $25,000
Kahua Ranch Ltd Employment $10,000 - $25,000
Palani Ranch Other $1,000 - $10,000
Veterinary Associates Inc Employment $25,000 - $50,000
Veterinary Associates Inc Other $10,000 - $25,000
Waika Land and Livestock Other $1,000 - $10,000
Ranch vacation rental Other $50,000 - $100,000
  $109,000 - $265,000
2. Ownership or Beneficial Interests in Business
Business Name Nature of Business Nature of Interest Amount
Veterinary Associates Inc Veterinary Medicine Stocks, Bonds or Mutual Funds N/A
Waika Power Power generation Business Ownership N/A
  $0
3. Transfer of Ownership or Beneficial Interest in Business
Business Name Nature of Business Nature of Interest Amount
None
4. Creditors
Business Name Original Amount Owed Amount Outstanding
Bank of America $10,000 - $25,000 $1,000 - $10,000
Navy Federal Credit Card $10,000 - $25,000 $10,000 - $25,000
Bank of Hawaii: car loan $50,000 - $100,000 $25,000 - $50,000
Barclay’s Credit Card $25,000 - $50,000 $25,000 - $50,000
Navy Federal: car loan $50,000 - $100,000 $50,000 - $100,000
Chase VISA Card $50,000 - $100,000 $50,000 - $100,000
5. Officerships, Directorships, Trusteeships
Business Name Title Held Term of Office Annual Compensation
US Animal Health Association Director $0
George Manning Richards Trust Trustee $0
Atherton Family Foundation Director / VP $0
YWCA - Hawaii Island Chair; Capital Campaign $0
Washington State University Cougar Crew Alumni Association Chairman $0
Palani Ranch Director $1,000 - $10,000
Hawaii State Commerce and Consumer Affairs - Regulated Industries Complaints Office Veterinary Advisory and Review Board $0
  $1,000 - $10,000
6. Interests in Real Property Held, Excluding Personal Residence(s)
Street Address Tax Map Key Number Value
64-5161 Mana Road Kamuela, HI 96743 3-6-4-001-002-0002-000 $150,000 - $250,000
7. Interests in Real Property Acquired, Excluding Personal Residence(s)
Street Address Tax Map Key Number Value
None
8. Interests in Real Property Transferred, Excluding Personal Residence(s)
Street Address Tax Map Key Number Value
None
9. Interests in Personal Residence (Maui County Only)
Mortgage Holder Address Amount Owed
None
10. Clients Personally Represented Before State Agencies
Name of Client Name of State Agency
None
11. Creditor Interests in Insolvent Businesses
Name of Business Nature of Business Nature of Interest Value
None
12. Gifts
Recipient Nature of Source Description Date Received Value
None