Tim Schmidt USCCA Net Worth: What’s Known and Estimated

The Tim Schmidt connected to USCCA is Tim Schmidt, Chairman and Co-Founder of USCCA and CEO and Co-Founder of Delta Defense LLC, headquartered at 1000 Freedom Way, West Bend, WI 53095. There is no credible public figure named Tim Schmidt with a stronger or competing USCCA connection, so the disambiguation here is straightforward. What is not straightforward is pinning down a single verified net worth number, because Tim Schmidt has never disclosed personal financials publicly, and the businesses he controls are private. What follows is a transparent breakdown of what is confirmed, what is estimated, and how to think about the gap between the two.

Which Tim Schmidt Are We Talking About?

The name Tim Schmidt appears across several industries, so it is worth being explicit. The Tim Schmidt relevant here is the Wisconsin-based entrepreneur who founded USCCA (U.S. Concealed Carry Association) in 2003 after what the organization describes as his personal "self-defense awakening." He launched Concealed Carry Magazine as part of that original venture. He simultaneously built Delta Defense LLC (formally founded 2004, per a PRWeb release, though The Org lists his CEO tenure starting October 2003) as the services company that runs USCCA's operations. His email signature, as of a June 2024 communication, reads "Tim Schmidt, CEO, Delta Defense LLC," and USCCA's press materials list him as "Chairman & Co-Founder." That dual role, CEO of the operating company and Chairman of the association, is the correct professional context.

If you landed here after searching for a different Tim Schmidt, it is worth checking the Tim Schmidt net worth overview page, which covers the broader profile and aggregates financial data across all of his known ventures and roles.

What We Actually Know About His Role and Business Activity

Tim Schmidt's business footprint is documented through press releases, news coverage, and secondary directories, even though no primary financial statements are public. Here is what is confirmed versus contextual:

• USCCA was founded in 2003; Delta Defense LLC was incorporated separately as the operating/services arm.
• USCCA's press kit (last updated November 2023) reports 800,000+ active members and 3 million newsletter subscribers.
• Delta Defense employs over 650 people as of that same press kit update.
• Delta Defense appeared on the Inc. 5000 list every year from 2012 through 2023, a twelve-year streak that reflects sustained fast growth.
• A Wall Street Journal piece (accessible via archive) states that USCCA is 100% owned by Tim Schmidt and his ex-wife, citing regulatory filings. This is the closest thing to a confirmed ownership structure from a credible third-party source.
• The business operates a three-part ecosystem: USCCA as the membership association, Delta Defense LLC as the services firm, and Universal Fire and Casualty Insurance Company as the underwriting insurer named in member agreements.
• A Guns Down America report attributes an estimated $250+ million in annual revenue to the USCCA membership ecosystem. This is an advocacy group's estimate, not an audited figure, and should be treated accordingly.
• Geoff DeMartino was appointed CFO of Delta Defense effective July 8, 2024, according to a LinkedIn press release quoting Tim Schmidt in his CEO capacity.

By August 2015, a CBS58 report noted that membership had grown 80% over the prior two years and that Delta Defense was planning to expand to around 200 associates after a facility buildout. Comparing that to the 650+ employee count in the 2023 press kit shows the scale of growth over that period. That kind of trajectory over nearly a decade is significant context for any equity valuation exercise.

How Net Worth Gets Estimated for Private Business Owners

Estimating net worth for someone like Tim Schmidt requires combining several types of publicly available signals, because there are no SEC filings, no public stock price, and no disclosed salary. The methodology typically works through three layers.

1. Revenue proxy modeling: Take the best available revenue estimate (the $250M+ figure attributed to the USCCA ecosystem), apply a reasonable EBITDA margin for a membership services and insurance-adjacent business (typically 15–30%), and then apply a valuation multiple appropriate for private companies in the membership/financial services space (commonly 4x–10x EBITDA for private firms).
2. Ownership-adjusted equity: The WSJ reporting states 100% ownership by Schmidt and his ex-wife. Without a divorce settlement disclosure, it is not known how ownership was divided post-divorce. Analysts would typically assume equal or near-equal split and note the uncertainty.
3. Ancillary income and assets: Founder-level executives at companies this size often draw significant compensation in addition to equity. Concealed Carry Magazine, speaking engagements, and any consulting or media work represent additional income streams that are not documented in public records but are reasonable to acknowledge as contributing factors.

No personal property records, investment disclosures, or compensation filings are publicly tied to Tim Schmidt in the research data available. That is a hard data gap, not an oversight in this article. For readers interested in how his assets break down across holdings and vehicles, the Tim Schmidt car collection net worth profile tracks what is publicly known about his tangible asset holdings.

The Estimated Net Worth Range: What Is In, What Is Out

Based on the available data, a credible estimated range for Tim Schmidt's net worth sits between $50 million and $200 million, with the midpoint most likely in the $80–$120 million range. Here is how that range is constructed and what assumptions drive it.

The upper end of the range ($200M) would require the $250M+ revenue figure to be accurate and a high EBITDA margin with a generous private-market multiple, plus Schmidt retaining the majority ownership stake post any divorce settlement. The lower end ($50M) reflects a more conservative revenue figure, tighter margins, and a more even ownership split. The middle range is the most defensible given current data. For broader context on how these estimates sit against his overall wealth profile, the Tim Schmidt ABC Group net worth breakdown covers additional business affiliations that may factor into the total picture.

Why You See Different Numbers on Different Websites

If you have searched around before landing here, you have probably seen figures ranging from $10 million to well over $200 million on various celebrity and net worth aggregator sites. Those discrepancies almost always trace back to one or more of the following problems.

• Outdated inputs: A site that last updated its estimate in 2017 is working with a much smaller Delta Defense (around 200 employees vs. 650+) and pre-growth USCCA membership numbers.
• Revenue misattribution: Some sites apply the $250M+ revenue figure directly to Tim Schmidt's personal net worth, which conflates company revenue with founder equity.
• Ownership assumptions: Sites that assume 100% sole ownership inflate the estimate; sites that don't account for any ownership at all produce numbers that are too low.
• Unverified multiplier choices: Using a 10x revenue multiple (appropriate for fast-growing SaaS) on a membership insurance services business is not appropriate. Multiples matter enormously.
• Advocacy source laundering: The Guns Down America report is an advocacy document with a specific policy agenda. Its revenue estimates may be directionally useful but are not neutral financial analysis. Sites that cite it without that context will carry its potential biases forward.
• Timing gaps: Delta Defense's twelve-year Inc. 5000 streak ended at the 2023 list in available data. It is not yet known whether 2024 or 2025 listings continued or broke the streak, which could signal growth or plateau.

For additional perspective on how wealth estimates for Tim Schmidt have shifted over time across different public personas and ventures he has been linked to, the Tim Schmidt Happy Hippie net worth profile documents an earlier phase of his business identity and the financial trajectory that preceded the Delta Defense growth period.

How to Verify Claims and Stay Current

Because Tim Schmidt's wealth is tied almost entirely to private companies, no single authoritative source will hand you a verified number. But there are concrete steps you can take to pressure-test any estimate you encounter.

1. Check state business filings: Wisconsin's Department of Financial Institutions maintains records for Delta Defense LLC. Annual reports sometimes include registered agent changes, member/manager disclosures, or address updates that signal structural changes.
2. Monitor Inc. 5000 annual releases (typically published in August each year): Continued appearances confirm growth; a gap in the listing would be a meaningful signal worth investigating.
3. Search PACER for federal filings: The $1.45 million class-action settlement mentioned in the Guns Down America report should have federal court docket entries that are publicly accessible and provide neutral documentation of that liability.
4. Look for state insurance department filings: Because Universal Fire and Casualty Insurance Company is named in USCCA's membership agreements as the underwriting insurer, state insurance regulatory filings (in Wisconsin and potentially other states) may contain premium volume data that acts as a revenue proxy.
5. Set Google Alerts for 'Delta Defense LLC' and 'USCCA financials': Press releases, local business journalism (especially from Milwaukee Journal Sentinel and West Bend-area outlets), and Inc. magazine coverage are the most likely sources of new financial context.
6. Revisit Wall Street Journal coverage: The WSJ piece citing regulatory filings on ownership is paywalled, but library access or a temporary subscription can provide the most credible primary-source ownership confirmation currently available.
7. Note CFO appointment dates: The July 2024 CFO hire (Geoff DeMartino) is a signal worth watching. Companies that formalize CFO roles are often preparing for a financing event, acquisition, or ownership restructuring, any of which could produce new public disclosures.

One practical caution: treat any net worth figure that does not disclose its methodology as unreliable. A credible estimate always separates confirmed facts (roles, company size, Inc. 5000 recognition, WSJ ownership claim) from modeled assumptions (revenue, margins, multiples, ownership percentage). If a site gives you a single clean number with no explanation of how it was derived, that number is almost certainly reverse-engineered from another estimate rather than built from primary data. The honest answer for Tim Schmidt's USCCA-connected net worth today is a range of roughly $50 million to $200 million, with the weight of available evidence pointing toward the $80–$120 million middle band, pending any new primary disclosures.