¶ Joe Reagan FEC and finance, 2024
This finance summary covers Joe Reagan's 2024 Colorado 5th District federal campaign, separating direct committee receipts, candidate self-funding, vendor spending, and WelcomePAC's independent-expenditure support.
- Total receipts:
61,568.97
- Total disbursements:
54,100.30
- Cash on hand at year end:
7,468.67
- Debts owed by committee at year end:
5,100.00
- Candidate loans plus direct candidate contributions:
5,500.00, or about 8.93% of receipts
- Other political committee contributions:
11,218.65
- Candidate-specific independent expenditures:
38,905.60 in support
- The committee was not purely self-funded. Candidate money was present but limited relative to total receipts.
- The direct PAC layer mattered:
WelcomePAC contributed 11,218.65 directly to the committee.
- The outside-spending layer mattered separately:
- candidate-side Schedule E aggregates show
WelcomePAC spent 38,905.60 supporting Reagan.
- The itemized non-candidate individual donor layer totaled about
30,210.00 and was geographically mixed rather than overwhelmingly local.
- Top non-candidate donors by amount:
Welcome PAC - 11,218.65Merle Chambers - 3,300.00Charles Ledley - 3,300.00David Nierenberg - 3,300.00Patricia Nierenberg - 3,300.00Kevan Worley - 2,500.00
- In the non-candidate individual donor subset, the top states by dollars were:
CO - 40.55%WA - 21.85%MA - 14.23%VA - 12.12%ME - 4.14%
- Employer strings in the same subset were led by
NOT EMPLOYED, followed by several one-donor ceiling contributions tied to investment or consulting roles.
- The disbursement layer was highly concentrated:
FIREWEED ANALYTICS received 40,985.90, about 76.96% of retained Schedule B dollars.NUMERO received 4,190.00ACTBLUE fees totaled 2,353.25SMALL BUSINESS DESIGN CENTER DBA BRAND LLAMA received 2,300.00
- The 2024 vendor pattern therefore looks consultant-heavy relative to the overall size of the campaign.
- Colorado's official historical election database shows Reagan lost the Democratic primary to River Gassen by
489 votes: 20,313 to 20,802.
- That defeat matters for reading the committee's year-end shape. The committee stayed solvent and kept modest cash on hand, but the cycle ended after a close primary loss rather than a general-election run.
- The
2024 campaign finance profile is best described as mixed:
- some candidate self-funding
- a real individual-donor layer
- meaningful Welcome-linked network support through both direct contributions and outside spending
- spending concentrated in consulting and campaign services
- That is stronger evidence for a network-supported moderate-candidate push than for a purely grassroots or purely self-funded campaign.