SANCHEZ, LOUIE -- Republican Candidate for U.S. House of Representatives
Sánchez, Louie: Solely Funded by Non-Individual Sources
SANCHEZ, LOUIE is a Republican candidate running for U.S. House of Representatives in New Mexico, District 01 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 SANCHEZ, LOUIE's 2024 campaign.
- Candidate Name: SANCHEZ, LOUIE
- Party Affiliation: Republican
- Office Sought: U.S. House of Representatives
- State: New Mexico
- District: 01
- Election Cycle: 2024
- FEC Candidate ID: H2NM01367
- Spending Rate: 100% of funds raised have been spent
AI Funding Analysis
SANCHEZ, LOUIE has raised $28K for the 2024 House race in New Mexico, with $28K spent and $0 cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 0.0%. No individual contributions, relying solely on other sources. High burn rate, spending all raised funds. Negative cash position, indicating financial strain. Primarily funded by non-individual sources.
Campaign Fundraising Summary
SANCHEZ, LOUIE has raised $28K for their 2024 House campaign in New Mexico. The campaign has spent $28K (100% of total raised) and currently holds $0 in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $28K |
| Total Spent | $28K |
| Cash on Hand | $0 |
| Spending Rate | 100% |
With a spending rate of 100%, SANCHEZ, LOUIE'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 SANCHEZ, LOUIE'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 | $28K | 100% |
Individual & Other Contributions represent the largest funding category at $28K (100% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
SANCHEZ, LOUIE's campaign is funded by individual contributions (0.0%, $0), PAC contributions (0.0%, $0), and party committee transfers (0.0%, $0). Other sources account for $28K (100.0%).
Donor Patterns
SANCHEZ, LOUIE's campaign relies heavily on PAC and organizational support, which accounts for 0.0% of total receipts. Key donor sectors include otherSources, cashOnHand, netCashPosition, burnRatePct. Spent all raised funds, resulting in zero cash on hand.
Spending Analysis
SANCHEZ, LOUIE has spent $28K, which is 100.0% of total receipts. No contributions from PACs, parties, or self-funding.
Competitiveness Assessment
SANCHEZ, LOUIE's financial position is weak for a House race in New Mexico. The campaign has raised $28K with $0 remaining. High burn rate suggests financial instability.
Key Donors Analysis
Key sectors and interest groups represented among donors include otherSources, cashOnHand, netCashPosition, burnRatePct, primaryFundingSource. Primarily reliant on PAC/org funding.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| otherSources | Sector | $0 |
| cashOnHand | Sector | $0 |
| netCashPosition | Sector | $0 |
| burnRatePct | Sector | $0 |
| primaryFundingSource | Sector | $0 |
Race Opponents: 2024 House New Mexico District 01
The following candidates are competing in the same 2024 House race in New Mexico, District 01 as SANCHEZ, LOUIE.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| SANCHEZ, LOUIE (current) | Republican | $28K | $28K |
| JONES, STEVE | Republican | $217K | $191K |
| STANSBURY, MELANIE | Democratic | $1.4M | $1.2M |
SANCHEZ, LOUIE has raised less than all opponents in this race. The fundraising advantage ratio is 0.1:1.
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
- LEGER FERNANDEZ, TERESA (DEM, House) -- $2.1M raised
Republican House Race in New Mexico
SANCHEZ, LOUIE is competing as a Republican candidate for U.S. House of Representatives in New Mexico, District 01. 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 Republican candidates or view all House races nationwide.
Frequently Asked Questions
How much has SANCHEZ, LOUIE raised?
SANCHEZ, LOUIE has raised a total of $28K for the 2024 election cycle. Of that, $28K has been spent, leaving $0 cash on hand. Individual contributions account for $0, PAC contributions for $0, and party committee transfers for $0.
Where does SANCHEZ, LOUIE's campaign money come from?
SANCHEZ, LOUIE's campaign is funded by individual contributions (0.0%), PAC contributions (0.0%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has SANCHEZ, LOUIE spent?
SANCHEZ, LOUIE has spent $28K of $28K raised, which is 100.0% of total receipts. The campaign has $0 remaining cash on hand.
How much cash does SANCHEZ, LOUIE have on hand?
SANCHEZ, LOUIE currently has $0 in cash on hand. This represents the difference between $28K raised and $28K spent during the 2024 cycle.
What party is SANCHEZ, LOUIE affiliated with?
SANCHEZ, LOUIE is running as a Republican candidate for House in New Mexico. The campaign has raised $28K for the 2024 election cycle.
What is SANCHEZ, LOUIE's campaign burn rate?
SANCHEZ, LOUIE's campaign has a burn rate of 100%, having spent $28K of $28K raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is SANCHEZ, LOUIE financially competitive?
SANCHEZ, LOUIE's financial position is weak for a House race. The campaign has raised $28K with $0 cash on hand. 100% of funds came from other sources, not individuals.
What does SANCHEZ, LOUIE's donor base reveal about their coalition?
SANCHEZ, LOUIE's funding profile is mixed-source. Spent all raised funds, resulting in zero cash on hand.
What are the financial strengths and risks for SANCHEZ, LOUIE's campaign?
No contributions from PACs, parties, or self-funding.
How does SANCHEZ, LOUIE's fundraising compare to similar campaigns?
High burn rate suggests financial instability.
What should voters know about SANCHEZ, LOUIE's campaign finances?
Primarily reliant on PAC/org funding.
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 SANCHEZ, LOUIE: FEC.gov -- SANCHEZ, LOUIE
Related Candidates and Resources
- New Mexico Campaign Finance -- Explore all candidates running in New Mexico
- 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 SANCHEZ, LOUIE's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.