LIPETRI, MIKE -- Republican Candidate for U.S. House of Representatives
Primarily PAC-Funded with No Individual Support
LIPETRI, MIKE is a Republican candidate running for U.S. House of Representatives in New York, 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 LIPETRI, MIKE's 2024 campaign.
- Candidate Name: LIPETRI, MIKE
- Party Affiliation: Republican
- Office Sought: U.S. House of Representatives
- State: New York
- District: 03
- Election Cycle: 2024
- FEC Candidate ID: H0NY02267
- Spending Rate: 99% of funds raised have been spent
AI Funding Analysis
LIPETRI, MIKE has raised $971K for the 2024 House race in New York, with $960K spent and $16K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 13.6%. Primarily funded by PACs, with no individual contributions. High burn rate and negative cash position indicate financial struggles. Grassroots fundraising is minimal, relying heavily on organizational contributions. Lacks a strong individual donor base, which could limit campaign sustainability.
Campaign Fundraising Summary
LIPETRI, MIKE has raised $971K for their 2024 House campaign in New York. The campaign has spent $960K (99% of total raised) and currently holds $16K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $971K |
| Total Spent | $960K |
| Cash on Hand | $16K |
| Spending Rate | 99% |
With a spending rate of 99%, LIPETRI, MIKE's campaign has deployed nearly all of its raised funds. This high burn rate is typical of competitive races where candidates invest heavily in advertising, staffing, and voter outreach.
Funding Sources Breakdown
The following table breaks down where LIPETRI, MIKE'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 | $839K | 86% |
| PAC Contributions | $132K | 14% |
Individual & Other Contributions represent the largest funding category at $839K (86% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
LIPETRI, MIKE's campaign is funded by individual contributions (0.0%, $0), PAC contributions (13.6%, $132K), and party committee transfers (0.0%, $0). Other sources account for $839K (86.4%).
Donor Patterns
LIPETRI, MIKE's campaign relies heavily on PAC and organizational support, which accounts for 13.6% of total receipts. Key donor sectors include PACs, Organizations, None. High percentage of funding from PACs (14%).
Spending Analysis
LIPETRI, MIKE has spent $960K, which is 98.9% of total receipts. Cash on hand stands at $16K. Negative cash position of $944,279.64.
Competitiveness Assessment
LIPETRI, MIKE's financial position is weak for a House race in New York. The campaign has raised $971K with $16K remaining. Minimal grassroots fundraising efforts.
Key Donors Analysis
PAC contributions total $132K. Key sectors and interest groups represented among donors include PACs, Organizations, None. No party contributions received.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $132K |
| PACs | Sector | $0 |
| Organizations | Sector | $0 |
| None | Sector | $0 |
Race Opponents: 2024 House New York District 03
The following candidates are competing in the same 2024 House race in New York, District 03 as LIPETRI, MIKE.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| LIPETRI, MIKE (current) | Republican | $971K | $960K |
| SUOZZI, THOMAS | Democratic | $9.6M | $7.7M |
| COTTER, WILLIAM BIDDLE | Republican | $73K | $73K |
| PILIP, MAZI MELESA | Republican | $3.0M | $3.0M |
| LUDWIG, THOMAS CHARLES | Republican | $43K | $43K |
| TOES, JIM MR. | Republican | $115K | $115K |
| CHENG, AUSTIN FRANKLIN | Democratic | $615K | $615K |
| NORBER, DANIEL | Republican | $490K | $490K |
| HACH, GREGORY | Republican | $779K | $770K |
| LIVINGSTON, SCOTT | Democratic | $122K | $87K |
| MALAMED, ZAK | Democratic | $750K | $468K |
| KAPLAN, ANNA | Democratic | $1.3M | $1.3M |
| MURPHY, WILLIAM | Democratic | $70K | $70K |
| CURRY, KELLEN | Republican | $465K | $417K |
| LAFAZAN, JOSHUA | Democratic | $741K | $724K |
LIPETRI, MIKE has raised less than all opponents in this race. The fundraising advantage ratio is 0.1:1.
Other Candidates in New York
Top-raising federal candidates in New York during the 2024 election cycle.
- JEFFRIES, HAKEEM (DEM, House) -- $23.0M raised
- GILLIBRAND, KIRSTEN (DEM, Senate) -- $15.7M raised
- STEFANIK, ELISE M. (REP, House) -- $15.5M raised
- OCASIO-CORTEZ, ALEXANDRIA (DEM, House) -- $15.3M raised
- JONES, MONDAIRE (DEM, House) -- $10.0M raised
Republican House Race in New York
LIPETRI, MIKE is competing as a Republican candidate for U.S. House of Representatives in New York, 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 York, visit the New York campaign finance page. You can also browse all Republican candidates or view all House races nationwide.
Frequently Asked Questions
How much has LIPETRI, MIKE raised?
LIPETRI, MIKE has raised a total of $971K for the 2024 election cycle. Of that, $960K has been spent, leaving $16K cash on hand. Individual contributions account for $0, PAC contributions for $132K, and party committee transfers for $0.
Where does LIPETRI, MIKE's campaign money come from?
LIPETRI, MIKE's campaign is funded by individual contributions (0.0%), PAC contributions (13.6%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has LIPETRI, MIKE spent?
LIPETRI, MIKE has spent $960K of $971K raised, which is 98.9% of total receipts. The campaign has $16K remaining cash on hand.
How much cash does LIPETRI, MIKE have on hand?
LIPETRI, MIKE currently has $16K in cash on hand. This represents the difference between $971K raised and $960K spent during the 2024 cycle.
How much PAC money has LIPETRI, MIKE received?
LIPETRI, MIKE has received $132K from political action committees, representing 13.6% of total campaign funds. PAC money is the largest funding source.
What party is LIPETRI, MIKE affiliated with?
LIPETRI, MIKE is running as a Republican candidate for House in New York. The campaign has raised $971K for the 2024 election cycle.
What is LIPETRI, MIKE's campaign burn rate?
LIPETRI, MIKE's campaign has a burn rate of 99%, having spent $960K of $971K raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is LIPETRI, MIKE financially competitive?
LIPETRI, MIKE's financial position is weak for a House race. The campaign has raised $971K with $16K cash on hand. No individual contributions recorded.
What does LIPETRI, MIKE's donor base reveal about their coalition?
LIPETRI, MIKE's funding profile is PAC and organization-funded. High percentage of funding from PACs (14%).
What are the financial strengths and risks for LIPETRI, MIKE's campaign?
Negative cash position of $944,279.64.
How does LIPETRI, MIKE's fundraising compare to similar campaigns?
Minimal grassroots fundraising efforts.
What should voters know about LIPETRI, MIKE's campaign finances?
No party contributions received.
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 LIPETRI, MIKE: FEC.gov -- LIPETRI, MIKE
Related Candidates and Resources
- New York Campaign Finance -- Explore all candidates running in New York
- Republican Candidates -- View all Republican 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 LIPETRI, MIKE's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.