Stefanik Leads NY-21 Fundraising | | pressrepublican.com – Plattsburgh Press Republican | Region & Cash

The latest reports are in and once again Congresswoman Elise Stefanik has outstripped her two opponents in the race for the 21st congressional district.

The incumbent Republican congresswoman, who was named chair of the House of Representatives Republican Conference last year, has used her national profile for a massive fundraiser that only congressional leadership can see.

“SIGNIFICANT AND GRATEFUL”

In the most recent fiscal quarter of 2022, which covered transactions from April 1 through June 30, Congresswoman’s numerous fundraising organizations, including E-PAC, her congressional campaign, the Elise Victory Fund and other fundraisers she has conducted for other candidates, brought in over 3 US dollars one million. The group has raised over $15 million from individual donors, corporate PACs and other candidates this election cycle.

With this funding, the congresswoman has donated over $2.4 million to the National Republican Congressional Committee, which works to get Republicans elected to seats in the House of Representatives nationwide.

“I am incredibly humbled and grateful for the broad support for my reelection campaign from grassroots patriots up north, in upstate New York and across America,” Rep. Stefanik said in a news release announcing her donation totals. “Team Elise has never been in a better position to not only win our re-election, but to help flip the House of Representatives and the Governor’s mansion in Albany to save New York. I’m proud of the resources we’ve expended supporting strong America First combatants — a record number of GOP women, veterans and diverse candidates — who will help take back our country this November.”

NO ADVERTISING

The congressional campaign arm alone has collectively raised over $1.2 million over the past three months, raising over $7.46 million since the end of the last election cycle in November 2020.

Rep. Stefanik’s campaign had approximately $3.3 million in cash on hand as of June 30, after spending $726,820 last quarter on campaign operations, consulting, travel around New York state, and campaign contributions to other candidates and local political organizations had issued. The Stefanik campaign gave out $28,000 to candidates in various congressional elections across the country, $500 to the Herkimer County Republican Committee, $1000 to the Saratoga County Republican Committee, and $500 to a judge nominee Schoharie County.

It appears that the congressmen’s campaign did not spend money on advertising, instead focusing on the dissemination of petitions to appear on the ballot, voter compliance advisors, travel to district events, and fundraising efforts.

“GROWING DYNAMICS”

The second-best fundraiser last quarter was Matt Castelli, the former CIA officer and counterterrorism official who is seeking the Democratic nomination for the 21st congressional district. Mr. Castelli, who has broad support in the local Democratic establishment and managed to secure an independent third-party line in the general election under the “Moderate Party,” brought in over $320,000 last quarter, bringing his overall election cycle to about $1.02 million. Almost all of the money came from individual donors, while $2,210 came from local Democratic Party committees and $2,500 from Vote Vets, a PAC that supports Democratic candidates who are military veterans. Although Mr. Castelli did not serve in the military, he was an active CIA agent in Iraq and Afghanistan during the height of the war on terror in the 2000s.

In a statement announcing his donation totals, Mr Castelli said the latest information showed his campaign was going strong.

“The strength of our fundraising underscores the growing momentum of our campaign, including the national endorsement of our efforts to defeat Stefanik’s extremism in November and the strong desire of NY-21 voters for change,” he said.

Mr. Castelli’s campaign spent $169,909 last quarter. The campaign spent $6,500 on internal district surveys and has spent thousands on digital advertising and social media advertising consultants.

He ended the fiscal quarter with $586,865 in cash on hand.

“ENOUGH TO BE COMPETITIVE”

Rounding out the package is Matt Purorti, a Whitehall, Washington County-based corporate attorney who declared his candidacy over a year ago. Mr. Putorti is also seeking the Democratic nomination for Congress in NY-21, and last quarter his campaign brought in just over $160,000. During the time his campaign has been running, Mr. Putorti has raised a total of $823,398.

All of these funds come from individual donors, with no significant backing or political backers behind his campaign.

Mr Putorti said he was proud of the strong grassroots support for his campaign and said his fundraising record showed it.

“We have many supporters across the district and we’ve raised hundreds of thousands of dollars, certainly more than enough to be competitive in this race,” he said.

UNLOCK THE NUMBERS

It is not possible to determine where all individual campaign donors reside, but available documents indicate that a higher proportion of Mr. Putorti’s donations appear to have come from voters within NY-21 than Mr. Castelli, who has a stronger national fundraising platform Has.

As for expenses, Mr. Putorti’s campaign expenses are primarily consultant payments, payroll and insurance for campaign workers, and campaign SMS services and postage. Mr. Putorti’s campaign spent $107,298 last quarter and ended the quarter with nearly $300,000 in cash on hand.

ActBlue Credit Card Fees. ActBlue, a digital fundraising platform for Democrats, charges a processing fee for every donation the candidate receives through its services. Mr. Putorti’s campaign paid over $5,700 in ActBlue fees and over $260 in banking fees to Bank of America last quarter.

As the Democratic primary slated for Aug. 23 with early voting beginning Aug. 13 nears, Mr. Castelli and Mr. Putorti will likely step up their fundraising efforts and campaigning, and whoever wins that election likely will begin even more significant fundraising efforts as they directly oppose Congresswoman Stefanik.

Another round of financial reports is due in October, less than a month before the November 8 general election.

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