Ethics Explorer A Guide to the Financial Interests of Elected Officials

Rep. Charlie Geren District 99 (R-Fort Worth)

Industry
Business Owner, Real Estate, Ranching/Agriculture, Nonprofit/Community Service, Investor
Education
B.B.A., Southern Methodist University
Committees
  • House Administration (Chair)
  • Calendars
  • Licensing & Administrative Procedures
  • State Affairs
Financial Statements

Sources of Income

  • Geren is a self-employed real estate broker and the president of Railhead Smokehouse, a barbecue restaurant.

  • He receives compensation for serving as a director of Worthington Bank and of two Fort Worth-based nonprofits: the Southwestern Exposition & Livestock Show, where he is vice president, and the Brown Lupton Foundation, where he is president. Geren is president of Railhead Smokehouse and a member of the board at Texas Christian University.

  • Geren has interests in a landfill in Fort Worth; LGS Godly Ranch, a ranch in Johnson County, where he is president; and Venture Capital Partners, a real estate investment firm. Other business interests include It's Geren Partnership and Railhead Partners.

  • He has reported receiving "Interests, dividends, royalties or rents" from several oil and gas companies, including E.O.G. Resources, Exxon Mobil, Cholla Petroleum, Blakemore and Sunoco.

  • He is a founder and past partner of Kelly, Geren, & Searcy Commercial Real Estate.

  • Geren owns stock in Worthington Bank, Abbott Laboratories, Abbvie Inc., Automatic Data Processing, Bank of American, ExxonMobil, General Electric Co., GNC Energy Corp., Home Depot, Honeywell International, Intel Corp., Johnson & Johnson, Masco. Corp., Medtronic, Merck & Co., Microsoft Corp., Navient Corp., PepsiCo, Pfizer, Proctor & Gamble Co., Qualcomm, United Health Group, WalMart Stores, Walgreen Boots Alliance, Walt Disney Co., Broadridge Financial Solutions, CDK Global, Cisco Systems, Cullen Frost Bankers, EMC Corp-Mass, 3M Co., Railhead Smokehouse, Crestwood Midstream Partners, Topbuild Corp. and invests in a number of mutual funds.

Property

  • Residential property in Fort Worth valued at at $508,989

  • Residential property on South Padre Island valued at at $289,258

  • Austin condominium valued at $1,956,554.
  • Vacant lot in Fort Worth valued at $187,500
  • 3,360 acres and a number of mineral interests in Johnson County, 80 acres in Ward County, 160 acres in Wood County, 2,400 acres in Jack County.

Analysis

  • In 2011, Geren filed a bill that would have allowed Fort Worth to raise hotel occupancy taxes to pay for a new rodeo venue that would have been used by the Fort Worth Stock Show. Geren sat on the Stock Show board at the time he filed the bill. The bill never made it to a vote.

  • Geren, a real estate broker, has filed bills relating to how the state regulates real estate brokers.

  • Geren, who owns a restaurant in Tarrant County, filed a bill in 2007 that would have lowered fees that restaurants in large counties including Tarrant would have to pay for alcoholic beverage permits. The bill passed but was vetoed by Gov. Rick Perry.