LEGER FERNANDEZ, TERESA -- Democratic Candidate for U.S. House of Representatives
PAC-Driven Fundraising with Aggressive Spending
LEGER FERNANDEZ, TERESA is a Democratic candidate running for U.S. House of Representatives in New Mexico, District 03 during the 2024 election cycle. This page provides a comprehensive campaign finance profile based on official FEC filings, including fundraising totals, spending analysis, and funding source breakdowns.
Candidate Profile
The following profile is based on Federal Election Commission (FEC) records for LEGER FERNANDEZ, TERESA's 2024 campaign.
- Candidate Name: LEGER FERNANDEZ, TERESA
- Party Affiliation: Democratic
- Office Sought: U.S. House of Representatives
- State: New Mexico
- District: 03
- Election Cycle: 2024
- FEC Candidate ID: H0NM03102
- Spending Rate: 82% of funds raised have been spent
AI Funding Analysis
LEGER FERNANDEZ, TERESA has raised $2.1M for the 2024 House race in New Mexico, with $1.7M spent and $408K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 16.2%. Primarily funded by PACs, with no individual contributions. Significant reliance on organizational contributions, indicating a PAC/org-reliant strategy. Strong burn rate, suggesting aggressive spending. Net cash position is negative, indicating financial strain.
Campaign Fundraising Summary
LEGER FERNANDEZ, TERESA has raised $2.1M for their 2024 House campaign in New Mexico. The campaign has spent $1.7M (82% of total raised) and currently holds $408K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $2.1M |
| Total Spent | $1.7M |
| Cash on Hand | $408K |
| Spending Rate | 82% |
LEGER FERNANDEZ, TERESA's campaign has spent 82% of its raised funds, maintaining a balance between active campaigning and building reserves. The remaining $408K in cash on hand provides flexibility for future spending.
Funding Sources Breakdown
The following table breaks down where LEGER FERNANDEZ, TERESA's campaign funds come from. Understanding the mix of funding sources reveals how a candidate's campaign is financially supported.
| Source | Amount | % of Total |
|---|---|---|
| Individual & Other Contributions | $1.8M | 84% |
| PAC Contributions | $344K | 16% |
Individual & Other Contributions represent the largest funding category at $1.8M (84% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
LEGER FERNANDEZ, TERESA's campaign is funded by individual contributions (0.0%, $0), PAC contributions (16.2%, $344K), and party committee transfers (0.0%, $0). Other sources account for $1.8M (83.8%).
Donor Patterns
LEGER FERNANDEZ, TERESA's campaign relies heavily on PAC and organizational support, which accounts for 16.2% of total receipts. Key donor sectors include PACs, Other sources, Individuals. High PAC contribution percentage (16%) compared to other funding sources.
Spending Analysis
LEGER FERNANDEZ, TERESA has spent $1.7M, which is 82.3% of total receipts. Cash on hand stands at $408K. Negative net cash position, indicating financial challenges.
Competitiveness Assessment
LEGER FERNANDEZ, TERESA's financial position is strong for a House race in New Mexico. The campaign has raised $2.1M with $408K remaining. Aggressive spending with a burn rate of 82%.
Key Donors Analysis
PAC contributions total $344K. Key sectors and interest groups represented among donors include PACs, Other sources, Individuals. Primarily grassroots funding, but with a significant PAC/org component.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $344K |
| PACs | Sector | $0 |
| Other sources | Sector | $0 |
| Individuals | Sector | $0 |
Race Opponents: 2024 House New Mexico District 03
The following candidates are competing in the same 2024 House race in New Mexico, District 03 as LEGER FERNANDEZ, TERESA.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| LEGER FERNANDEZ, TERESA (current) | Democratic | $2.1M | $1.7M |
| CLAHCHISCHILLIAGE, SHARON | Republican | $88K | $87K |
LEGER FERNANDEZ, TERESA has raised more than their opponent in this race. The fundraising advantage ratio is 24.2:1.
Other Candidates in New Mexico
Top-raising federal candidates in New Mexico during the 2024 election cycle.
- HEINRICH, MARTIN (DEM, Senate) -- $13.2M raised
- VASQUEZ, GABRIEL (DEM, House) -- $7.0M raised
- DOMENICI, NELLA LOUISE LOUISE (REP, Senate) -- $7.0M raised
- HERRELL, STELLA YVETTE (REP, House) -- $4.5M raised
- STANSBURY, MELANIE (DEM, House) -- $1.4M raised
Democratic House Race in New Mexico
LEGER FERNANDEZ, TERESA is competing as a Democratic candidate for U.S. House of Representatives in New Mexico, District 03. U.S. House races are held every two years, with each of the 435 House districts electing one representative. House campaigns vary dramatically in cost depending on the competitiveness and media market of the district.
To explore other candidates running in New Mexico, visit the New Mexico campaign finance page. You can also browse all Democratic candidates or view all House races nationwide.
Frequently Asked Questions
How much has LEGER FERNANDEZ, TERESA raised?
LEGER FERNANDEZ, TERESA has raised a total of $2.1M for the 2024 election cycle. Of that, $1.7M has been spent, leaving $408K cash on hand. Individual contributions account for $0, PAC contributions for $344K, and party committee transfers for $0.
Where does LEGER FERNANDEZ, TERESA's campaign money come from?
LEGER FERNANDEZ, TERESA's campaign is funded by individual contributions (0.0%), PAC contributions (16.2%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has LEGER FERNANDEZ, TERESA spent?
LEGER FERNANDEZ, TERESA has spent $1.7M of $2.1M raised, which is 82.3% of total receipts. The campaign has $408K remaining cash on hand.
How much cash does LEGER FERNANDEZ, TERESA have on hand?
LEGER FERNANDEZ, TERESA currently has $408K in cash on hand. This represents the difference between $2.1M raised and $1.7M spent during the 2024 cycle.
How much PAC money has LEGER FERNANDEZ, TERESA received?
LEGER FERNANDEZ, TERESA has received $344K from political action committees, representing 16.2% of total campaign funds. PAC money is the largest funding source.
What party is LEGER FERNANDEZ, TERESA affiliated with?
LEGER FERNANDEZ, TERESA is running as a Democratic candidate for House in New Mexico. The campaign has raised $2.1M for the 2024 election cycle.
What is LEGER FERNANDEZ, TERESA's campaign burn rate?
LEGER FERNANDEZ, TERESA's campaign has a burn rate of 82%, having spent $1.7M of $2.1M raised. The campaign maintains a moderate spending pace.
Is LEGER FERNANDEZ, TERESA financially competitive?
LEGER FERNANDEZ, TERESA's financial position is strong for a House race. The campaign has raised $2.1M with $408K cash on hand. No individual contributions, relying solely on PACs and other sources.
What does LEGER FERNANDEZ, TERESA's donor base reveal about their coalition?
LEGER FERNANDEZ, TERESA's funding profile is PAC and organization-funded. High PAC contribution percentage (16%) compared to other funding sources.
What are the financial strengths and risks for LEGER FERNANDEZ, TERESA's campaign?
Negative net cash position, indicating financial challenges.
How does LEGER FERNANDEZ, TERESA's fundraising compare to similar campaigns?
Aggressive spending with a burn rate of 82%.
What should voters know about LEGER FERNANDEZ, TERESA's campaign finances?
Primarily grassroots funding, but with a significant PAC/org component.
Understanding Campaign Finance Data
Campaign finance data in the United States is regulated by the Federal Election Commission (FEC). All federal candidates -- including those running for President, U.S. Senate, and U.S. House of Representatives -- are required to file periodic financial reports disclosing their campaign contributions and expenditures.
Key terms used in campaign finance reporting include:
- Total Raised (Receipts): The total amount of money received by the campaign from all sources, including individual donors, PACs, party committees, and candidate self-funding.
- Total Spent (Disbursements): The total amount of money the campaign has spent on operations, advertising, payroll, travel, and other campaign activities.
- Cash on Hand: The amount of money remaining in the campaign's accounts after subtracting expenditures from receipts. This represents available resources for future spending.
- Individual Contributions: Donations from individual citizens, subject to contribution limits set by FEC regulations.
- PAC Contributions: Donations from Political Action Committees, which pool contributions from members to support candidates who share their policy interests.
- Party Contributions: Funds provided by national, state, or local party committees to support their party's candidates.
- Candidate Self-Funding: Personal funds contributed or loaned to the campaign by the candidate themselves. Self-funding is not subject to the same contribution limits as outside donations.
All data shown on ReadTheDonation is sourced from official FEC public records. Campaign finance disclosure is a cornerstone of American democratic transparency, allowing voters to understand who is funding political campaigns and how that money is being spent.
Official Source
View the full FEC filing for LEGER FERNANDEZ, TERESA: FEC.gov -- LEGER FERNANDEZ, TERESA
Related Candidates and Resources
- New Mexico Campaign Finance -- Explore all candidates running in New Mexico
- Democratic Candidates -- View all Democratic candidates and their fundraising
- House Races -- Browse all House campaigns nationwide
- Top Donors -- See the largest campaign donors across all candidates
- Search Candidates -- Search for any federal candidate or committee
- FEC Official Filing -- Verify LEGER FERNANDEZ, TERESA's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.