LNC February Income from FEC Report

Yes, on time.

Total receipts $ 96,240.04 <– That includes convention income.

Total Disbursements $128,662.20

Cash on hand (end) $230,427.82

Debt $ 9,357.55

Oh, right, There were also contribution refunds. Three people received $5,686 in contribution refunds. The actual net contributions for the month were $90,554. A sixth of that money went to accountant and payroll services.

How does this compare with the past?

Interesting that you should ask. Net income:

2024 $ $90,554 <– Chair MacArdle, net

2022 $127,563.88 <– Chair SEVERAL PEOPLE

2020 $187,074.79 <– Chair SARWARK

2018 $199,739.84 <– Chair SARWARK

There were 122 donors of $200 or more. There were six donors of $1000 or more, of whom three were current Presidential candidates. The largest donation was for $2016.85.

Employee net pay came to $27,111 to 8 employees. Social Security cost $4354. Their Medical Insurance and Medicare came to $3772. Federal Withholding cost $3618. LP 401K contributions and match were $1108. State withholding came to $898. Employees cost $224 for Federal Unemployment.

Travel, Meals, and Meeting Expense cost $1444, plus $1242 to the hotel. Another $537 went for meals at Tst Island Grill in Virginia.

The LNC uses contractors. All in One Accounting cost $13,411. Fresh IP PLC was paid $6612 in legal expenses; these correspond to the Michigan litigation. Oliver Hall received his $4500 retainer. Matthew Hudson was paid $4349 for Web and IT. Paula Edwards received $2000 for FEC compliance. ConsultingPayChex Flex received $1779 as the payroll fee. David Aiken was paid $1295 for CRM consulting. Andre Giron received $1225 for website consulting. Nathan Fatal received $1000 for candidate coaching. Mitchell Wiecek was paid $500 for advertising.

Hardware, software, and IT cost $1888 to thirteen suppliers, the largest being $1000 to Joinery and $315 to Zoho. $52.50 went to Zoom US.

The Party raised money and advertised. Merchandise for fundraising came to $7512. Stigler printing received $7429. Postage and shipping came to $629. Twitter ads cast $215, but there were also Twitter vendor offsets. A fundraising engagement platfor cost $105, or perhaps $1000 more than that.

In the end, there was affiliate support. $10,000 was sent to LP Ohio. $66 was sent to LP Alaska and LP New Mexico, while $119 went to LP California.

We have a headquarters. The cleaning bill, between two contractors, came to $610, which is pretty good for an office that is almost unused. An additional $54 went for maintenance, cleaning, and repairs. $241 went for internet. We also rent space for Historical Preservation, which cost $345.

Money was moved. Credit card payments matching some of the above came to $11,541. Credit card fees were $3876; these correspond to donations via credit card. PNC Bank charged $265 for ‘corporate account analysis’. BB&T Truist was paid a $116 bank fee.