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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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2025 Financial Disclosure

David Alcos III

  • State Representative
  • House of Representatives
  • January 31, 2025 View Original Form (PDF)

Summary

1. Source of Income Total Income: $250,000 - $450,000
2. Ownership or beneficial interests in business Total Value: $0
4. Creditors Total Debts: More than 1,000,000
5. Officerships, directorships, trusteeships Businesses: 4
6. Interests in real property held, excluding personal residence(s) Total Value: More than 1,000,000
9. Interests in Personal Residence (Maui County Only) Amount Owed: N/A
11. Creditor interests in insolvent businesses Total Value: More than 1,000,000
12. Gifts Total Value: N/A

Disclosures

1. Source of Income
Source Services Rendered Amount
Rental Income Other $50,000 - $100,000
D. A. Builders, LLC Other $150,000 - $250,000
State of Hawaii Employment $50,000 - $100,000
  $250,000 - $450,000
2. Ownership or Beneficial Interests in Business
Business Name Nature of Business Nature of Interest Amount
DA Builders INC Commercial and Residential Construction Business Ownership N/A
D.A. Builders, LLC Commercial Construction 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
Pacific Gypsum Supply, Inc. - A GMS Company $50,000 - $100,000 $25,000 - $50,000
Central Pac. Bank/MERS, Inc. Loan Secured by 91-863A Pohakupuna Rd. $250,000 - $500,000 $250,000 - $500,000
Central Pac. Bank/MERS, Inc. Loan Secured by 91-863 Pohakupuna Rd. $250,000 - $500,000 $250,000 - $500,000
Cades Schutte LLP More than $1,000,000 More than $1,000,000
Bank of Hawaii $50,000 - $100,000 $25,000 - $50,000
Allied Building Productions Corporation $1,000 - $10,000 $10,000 - $25,000
A&B Properties Hawaii LLC $10,000 - $25,000 $25,000 - $50,000
(DISPUTED) Internal Revenue Service Section 6672 Tax Liability More than $1,000,000 More than $1,000,000
(DISPUTED) Internal Revenue Service Section 1040 Tax $100,000 - $150,000 $100,000 - $150,000
(DISPUTED) HI Dept. of Tax. Alleged Ind. Liability for GET Tax of LLC $250,000 - $500,000 $250,000 - $500,000
(DISPUTED) HI Dept. of Tax. Alleged Ind. Liability for Empl, Withholding Tax $750,000 - $1,000,000 $750,000 - $1,000,000
(DISPUTED) Central Pac. Bank/MERS, Inc. Loan Secured by 91-857 Pohakupuna Rd. $750,000 - $1,000,000 $250,000 - $500,000
(DISPUTED) Central Pac. Bank/MERS Inc. Loan Secured by 91-863C Pohakupuna Rd. $250,000 - $500,000 $250,000 - $500,000
(DISPUTED) Bank of Lake Mills / WBL SPO II, LLC $250,000 - $500,000 More than $1,000,000
Sunrun $25,000 - $50,000 $25,000 - $50,000
5. Officerships, Directorships, Trusteeships
Business Name Title Held Term of Office Annual Compensation
Team Alcos 41 President $0
Team Alcos 41 (SPOUSE) Treasurer $0
D.A. Builders, INC. Owner 7 years N/A
D.A. Builders, LLC Owner 20 years $150,000 - $250,000
  $150,000 - $250,000
6. Interests in Real Property Held, Excluding Personal Residence(s)
Street Address Tax Map Key Number Value
Property-0018184 (JOINT) More than $1,000,000
91-863 C Pohakupuna Rd Ewa Beach, HI 96706 (JOINT) (1) 9-1-025-069-0005 $750,000 - $1,000,000
91-863 B Pohakupuna Rd, Ewa Beach HI 96706 (JOINT) (1) 9-1-025-069-0004 $500,000 - $750,000
91-863 A Pohakupuna Rd. Ewa Beach, HI 96706 (JOINT) (1) 9-1-025-069-0003 More than $1,000,000
91-863 Pohakupuna Rd Ewa Beach, HI 96706 (JOINT) (1) 9-1-025-069-0002 $750,000 - $1,000,000
91-863D Pohakupuna Road Ewa Beach, HI 96706 (JOINT) (1) 9-1-025-069-0006 More than $1,000,000
  More than 1,000,000
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
DCK/FWF, LLC Commercial Construction Pending claim in lawsuit against DCK/FWF, LLC, who has defaulted in lawsuit and claims to be insolvent K
12. Gifts
Recipient Nature of Source Description Date Received Value
None