. .

~OtO

R~v~ 1~2010 "I

FINANCIAL DISCLOSURE REPORT

FOR CALENDAR YEAR 2009

Report Required by the Ethics

in Government Act of 1978 (5 u.s.c, app. 10t.tlO

1. Person Reporting (last name, first, middle initial) HANSEN, David R. 4. Title (Article III judges indicate active or senior status; magistrate judges indicate full- or paxt-time) U.S. CireultJudg(Senior)

2. Court or Organization U.S. Court of Appeals-8th Cite 5a. Report T~ (check apprepriate t~p) [] Nomination, [] Initial Date [] Annual [] Fill

3. Date of Report 05/13/2010 6. Reporting Period 01/01/2009 to 12131/2OI)9

7. Chambers or Office Address 221 Third Avenue SE, Suite 400 Cedar Rapids IA 52401-1530

5b, [] Amended Report 8. On ~e basi~ of the information contained in this Report and ~tny modificatluns pertaining thereto, It ~, in my opinion, in compliance wi~ applicable laws and regulations. Reviewing Officer Date

I31PORTANT NO TES: The instructions accompanying this form must be follawetL Complete allparts,
checking the NONE box for each part where you have no reportable information. Sign on ia~tpage.

I. POSITIONS. n~z ~a~l~,~ o~: ,ee r~. ~-~ of.~ling instructions.)

[~] NONE (No reportable positions.) POSITION
1. Partner in Farm Rental-Partnership-See attached letter of explanation Iowa Falls, IA

NAME OF ORGANIZATION/ENTITY

NONE ~o reportable agreements.) DATE P~ES A~ TE~S

H~sen ~d Lin~ay 50-50 F~ P~er~ip

1. 311/71

Hansen, David R.

FINANCIAL DISCLOSURE REPORT

N,m, or P,~,*,,
HANSEN, David R. 0511312010

Page 2 of 6

IlL NON-INVESTMENT INCOME. aepo~n-,~.~i~la~o* a~,po~o;

A. Filers Non-Investment Income NO~ ~o reportable non-investment incomeO DATE
1. 2. 3. 4.

SOURCE ~ ~PE
~ou~, not @o~es)

B. Spouses Non-Investment Income - if you were mar~ed durlng any pomon of ~he repordng year, complete this section.
(Dollar amount not required .xcept for honoraria~)

NONE (No reportable non-investment income.) DATE SOURCE AND TYPE

1. 2. 3. 4.

IV. REIMBURSEMENTS -,..nspo.~io~ ioaz~.g, zoo~ ,~,,~,..~,

(Includes those to spo~e and dependent children; ~ee pp. 25-27 of fding instructions.)

NONE IWo reportable reimbursements.)

SOURCE
1. 2. 3. 4. 5.

.DATE~

LOCATION

P~URPOSE

ITEMS PAID OR PROVIDED

FINANCIAL DISCLOSURE REPORT

Page 3 of 6

N ....

lPerton Reporting

D*te dRport

aA~Sr.N, David R.

05/13,r2010

Vo GIFTS. (Includes those ~o spouse and dependent children; uepp. 2g-31 of filing tnstructian~)

NONE (No reportable gifts.)

I. 2. 3. 4.

[~

NONE 0Vo reportable liabilities.) ~REDITOR DESCRIPTION VALUE CODE

I. 2. 3. 4. 5.

Name of Person Reporting

Date of Report

PacFINANCIAL4 of 6 DISCLOSURE REPORT

~IAr~SrN, David R.

05/13/2010

VII. INVESTMENTS and TRUSTS - ~co,~, value, tr ..... tlons (Includes those of sp ...... d dependent children; ste gt~. 34-60 of filing instructions.)
NONE (No reportable income, assets, or transactions.)
.A. Description of Assets (including trust assets) Plaza: "(X)" after each asset exempt from prior disclosure B. Income during reporting period (l) (2) Amount Type (e.g., Code I div., rent, (A-H) or int.) C. Gross value at end of reporting period (I) Value Code 2 (J-P) (2) Value Method Code 3 (Q-W) 0) Type (e.g., buy. sell, redemption) D. Transactions during reporting period (2) (3) (4) Date Value mm/dd/yy Code 2 (J-P) (5) Identity of buyedseller (if private trmasaction)

Gain Code 1 (A-H)

1. 2. 3. 4. 5. 6. 7. 8. 9. I0. 11. 12. 13. 14. 15.

Shares-Templeton Growth Fund, Inc. Units Consolidated Capital Limited Partnership One-half interest 120-acre farm Hardin County, Iowa Rental Duplex-Iowa Falls IA Sold 2005-reported 2005 report Principal Life Insurance Policies Cash Surrender Values Certificate of Deposit, Me. Vernon Bank, Me. Vernon, Iowa Savings Account Mt. Vemon Bank, Mt. Vernon, Iowa Savings Account Mt. Vernon Bank, Mt. Vernon, Iowa PrinFinGrpStock issued on demutualization Lutheran Brhd Life lrtsur policies cash sure value Amerus Life Insur Policy cash surrender value Real Estate Contract (Sale of Rental Duplex #4 above)

A A D

Dividend Interest Rent

J J L

T W S

Bght

12/09 12/31/09 J A

None A A A A Interest Interest Interest Dividend None None A Interest

K J J K J L J J

T T T T T T T T

16.
17.

1. Income Gain Cod~s: (see Coltmms B I and IM) 2. Value: Codes (See Cohmm~ CI n~d D3) 3. Value Method Code, (See Cotuma C2)

A -$1,000 or le~.i F -$50,001 - $100,0~O J -$15,000 or le~ N -$250.001 - $500,000 P3 -$25,000,001 - $50,000,000 Q -Aplxai~al U -Book Vnlu*

B =$1,001 ~ $2~00 G -$I00,001 - $ t,000,000 K -$15,001 - $50,000 O -$500,091 - $1,00~,000 R"Cost (I.ral F~tate Only) V =Oth~

C -~2,301 - $5,000 HI =$1.000,001 - $5,000,000 L -$50,00| - $100,000 PI ~$1,000,001 - $5,000,090 P4 =Mort than S =Assessment W -E~rmted

D --$5,001 - $15,000 H2 =More ~an $5,000,000 M =$100,001 - $7.50,000 12 =$5,00~,0~31 - $25,000,000 T ~ash Market

=$15,001 - $50,000

FINANCIAL DISCLOSURE REPORT

Name of P .... Reputing HANSEN,

Date of Report

Page 5 of 6

Davtd R.

05/13/2010

VIII. ADDITIONAL INFORMATION OR EXPLANATIONS.

Part VII, Item 2 - Partnership terminated 12/31/09 Part VII, Item 3 - 100% assessed valuation = $100,030

FINANCIAL DISCLOSURE REPORT

Name of Person Reporting

Date cf Report

Page 6 of 6
IX. CERT][FICATION.

~sE~, D~d R.

05/1312010 [

I certify that all information given above (including information pertaining to my spouse and minor or dependent chlidren, if any) is accurate, true, and complete to the best of my "knowledge and belief, and that any information not reported wax withheld because it met applicable statutory provisions permitting non-disclosure. I further certify that earned income from outside employment and honoraria and the acceptance of gifts which have been reported are in compliance with the provisions of 5 U.S.C. app. 501 et. seq., 5 U.S.C. 7353, and Judicial Conference regulations.

NOTE: ANY INDIVIDUAL WHO KNO~VINGLY AND WILFULLY FALSIFIES OR FALLS TO FILE THIS REPORT MAY BE SUBJECT TO CIVIL AND CRIMINAL SANCTIONS (5 U.S.C. app. 104)

FILING INSTRUCTIONS Mail signed original and 3 additional copies to: Committee on Financial Disclosure Administrative Office of the United States Courts Suite 2-301 One Colttmbus Circle, N.E. Washington, D.C. 20544

UNITED STATES DISTRICT couRT

NORTHERh{ DISTRICT OF IOWA
U~IITIrD ~T.II, TE~- COURTPfOtJSE 10! FIRST ITRI~rT. ~.IE. SU{T ~04 ---

CEDAR RAPIDS, IOWA 5240~-12:30

.;

COPy

May 4, 1990
JUDGE DAVID R. HANSEN

Honorable John H. Pratt Chairman, Judicial Ethics Committee JudiciaryConference of the United States 811 Vermont Ave., N.W. Washington, D.C. 20544 Rez WIN-GIN Farms Dear Judge 9rat~. Your letter of April 6, 1990 is received. In 1971, while a practicing l~wyer in Iowa Fall~ Iowa, I purchased as an investment an undivided onehalf interest in a 120 acre Iowa farm.. The other undivlded, ha.l interest is owned by toJO!~tlymanags. I formed a 50-50-pa~tners~!p we call W~N~GINFarm~which is a ~assi~ Conduit which receives the c~sh .rent from the farm, pays the insurance, taxes, and repairs, and pasSeS through the net rental income to each of us equally, The partnership does. not own th~ real estate. We dQ.not fakm the ~round but have always rented, it for cash rent to long time farme~ tenants..WIN-GIN Fa..rmsproduces no crops, raises no livestock, and sells n0.: . It. is the management device by which ~ and I have chosen.tO, efficiently manage oUr"equabut undivided interests in the real estate. We both do the occasional weekend small repairs such as fixing fence and_paintlng, which are required..to maintain the. Property and I prepare the annual Fedora! and Iowa state Inqome taX returns for the.partnership and see to their filing. The total gross income from the rents last year was $8,100 and after expenses w~ netted about $6,000 that was split equally between us.

Honorable John H. Pratt Page 2 May 4, 1990

I fully disclosed the nature of this investment at the time of my confirmation hearing, and have reported it on each and all bf the financial disclosure reports I have filed. In the fourteen years I have been a trial Judge subject to the Code .of Conduct, no person has s~ any impropriety in my relationship" with or.WIN-GIN Farms. WIN-GIN Farms is not a "business" -- it is a vehicle by which I manage my investment in the-farm. If I owned the whole of th~ farm as an investment and rented it out for I L~ be doing the very same functions I do with through WIN--GIN Farms. Canon 5(c)(2) provides in part that "a Judgemay hold and manage investments, including real estate, . . but should not serveas.an officer, director~ actiSe partner, manager, advisor, or emp!oyee of any business." Si~ce thls. partnership is a conduit for rent end is not engaged in any -business," including

farming, I believe it is fundamentally differentfrom the closely held small business CorporatlonIn Advisory Opinion No. i0, and from the proscribed personal
management or operation of a farm~or ranch explained in Advisory.Oplnion No. 30. -. I hope this information is helpful.to the

Committee as it reviews my Financial Disclosure Report.

Respectfully yours,

David R. Hansen