Sens. Snowe, Collins file financial statements

Here are summaries of the 2004 financial disclosure statements of Maine’s senators:

Sen. Olympia J. Snowe, R-Maine, chairman, Senate Committee on Small Business and Entrepreneurship.

Earned income: $158,100.

Honoraria, all donated to charity: None.

Major assets: Congressional Federal Credit Union account, $50,001-$100,000; Westbrook Maine Co., $100,001-$250,000; Maine Muni Bond Bank, $100,001-$250,000; Maine State Housing Authority Meeting Power Service, $100,001-$250,000; SEI Tax Exempt Trust money market account, $15,001-$50,000.

Major sources of unearned income: None.

Major liabilities: None.

Gifts: American College of Radiology, $200 crystal plaque; University of Maine Alumni Association, $121 clock; National Marine Sanctuary Foundation, $800 crystal award; Fight Crime: Invest in Kids, $188 crystal award; The Panetta Institute, $600 crystal award.

Narrative: Snowe’s husband, former Maine Gov. John R. McKernan Jr., received an undisclosed salary from McKernan Enterprises and Education Management Corp., as well as consulting fees from C.F.H. Holdings Inc. and Jolly Gardener Products Inc. The largest assets and unearned income sources in the report also are his, including interests in Education Management Corp. and Mass Mutual Financial Group, each worth $250,001-$500,000.

Sen. Susan Collins, R-Maine, chairman, Senate Homeland Security and Governmental Affairs Committee.

Earned income: $158,100.

Honoraria, all donated to charity: None.

Major assets: Two individual retirement accounts, $50,001-$100,000 and $15,001-$50,000; Bangor (Maine) Savings Bank account, $15,001-$50,000.

Major sources of unearned income: Investment fund income on IRAs, $5,001-$15,000 each; capital gains on sale of stock in S.W. Collins Co., a lumber and building materials company in Caribou, Maine, $1,001-$15,000.

Major liabilities: None.

Gifts: None.