VASQUEZ, GABRIEL -- Democratic Candidate for U.S. House of Representatives
PAC-Driven Fundraising with Negative Cash Position
VASQUEZ, GABRIEL is a Democratic candidate running for U.S. House of Representatives in New Mexico, District 02 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 VASQUEZ, GABRIEL's 2024 campaign.
- Candidate Name: VASQUEZ, GABRIEL
- Party Affiliation: Democratic
- Office Sought: U.S. House of Representatives
- State: New Mexico
- District: 02
- Election Cycle: 2024
- FEC Candidate ID: H2NM02191
- Spending Rate: 100% of funds raised have been spent
AI Funding Analysis
VASQUEZ, GABRIEL has raised $7.0M for the 2024 House race in New Mexico, with $7.0M spent and $39K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 18.7%. Primarily funded by PACs, with no individual contributions. Significant reliance on organizational contributions, indicating a PAC/org-reliant strategy. Net negative cash position, indicating heavy spending relative to fundraising. Grassroots funding is minimal, with no self-funding.
Campaign Fundraising Summary
VASQUEZ, GABRIEL has raised $7.0M for their 2024 House campaign in New Mexico. The campaign has spent $7.0M (100% of total raised) and currently holds $39K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $7.0M |
| Total Spent | $7.0M |
| Cash on Hand | $39K |
| Spending Rate | 100% |
With a spending rate of 100%, VASQUEZ, GABRIEL'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 VASQUEZ, GABRIEL'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 | $5.7M | 81% |
| PAC Contributions | $1.3M | 19% |
Individual & Other Contributions represent the largest funding category at $5.7M (81% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
VASQUEZ, GABRIEL's campaign is funded by individual contributions (0.0%, $0), PAC contributions (18.7%, $1.3M), and party committee transfers (0.0%, $0). Other sources account for $5.7M (81.3%).
Donor Patterns
VASQUEZ, GABRIEL's campaign relies heavily on PAC and organizational support, which accounts for 18.7% of total receipts. Key donor sectors include PACs, Other sources, No individual contributions. High burn rate, spending nearly all raised funds.
Spending Analysis
VASQUEZ, GABRIEL has spent $7.0M, which is 99.8% of total receipts. Cash on hand stands at $39K. Net negative cash position despite substantial fundraising.
Competitiveness Assessment
VASQUEZ, GABRIEL's financial position is weak for a House race in New Mexico. The campaign has raised $7.0M with $39K remaining. No self-funding, entirely dependent on external sources.
Key Donors Analysis
PAC contributions total $1.3M. Key sectors and interest groups represented among donors include PACs, Other sources, No individual contributions. Minimal grassroots support, indicating a top-down funding strategy.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $1.3M |
| PACs | Sector | $0 |
| Other sources | Sector | $0 |
| No individual contributions | Sector | $0 |
Race Opponents: 2024 House New Mexico District 02
The following candidates are competing in the same 2024 House race in New Mexico, District 02 as VASQUEZ, GABRIEL.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| VASQUEZ, GABRIEL (current) | Democratic | $7.0M | $7.0M |
| HERRELL, STELLA YVETTE | Republican | $4.5M | $4.6M |
VASQUEZ, GABRIEL has raised more than their opponent in this race. The fundraising advantage ratio is 1.6:1.
Other Candidates in New Mexico
Top-raising federal candidates in New Mexico during the 2024 election cycle.
- HEINRICH, MARTIN (DEM, Senate) -- $13.2M raised
- 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
- STANSBURY, MELANIE (DEM, House) -- $1.4M raised
Democratic House Race in New Mexico
VASQUEZ, GABRIEL is competing as a Democratic candidate for U.S. House of Representatives in New Mexico, District 02. 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 VASQUEZ, GABRIEL raised?
VASQUEZ, GABRIEL has raised a total of $7.0M for the 2024 election cycle. Of that, $7.0M has been spent, leaving $39K cash on hand. Individual contributions account for $0, PAC contributions for $1.3M, and party committee transfers for $0.
Where does VASQUEZ, GABRIEL's campaign money come from?
VASQUEZ, GABRIEL's campaign is funded by individual contributions (0.0%), PAC contributions (18.7%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has VASQUEZ, GABRIEL spent?
VASQUEZ, GABRIEL has spent $7.0M of $7.0M raised, which is 99.8% of total receipts. The campaign has $39K remaining cash on hand.
How much cash does VASQUEZ, GABRIEL have on hand?
VASQUEZ, GABRIEL currently has $39K in cash on hand. This represents the difference between $7.0M raised and $7.0M spent during the 2024 cycle.
How much PAC money has VASQUEZ, GABRIEL received?
VASQUEZ, GABRIEL has received $1.3M from political action committees, representing 18.7% of total campaign funds. PAC money is the largest funding source.
What party is VASQUEZ, GABRIEL affiliated with?
VASQUEZ, GABRIEL is running as a Democratic candidate for House in New Mexico. The campaign has raised $7.0M for the 2024 election cycle.
What is VASQUEZ, GABRIEL's campaign burn rate?
VASQUEZ, GABRIEL's campaign has a burn rate of 100%, having spent $7.0M of $7.0M raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is VASQUEZ, GABRIEL financially competitive?
VASQUEZ, GABRIEL's financial position is weak for a House race. The campaign has raised $7.0M with $39K cash on hand. No individual contributions, relying solely on PACs and other sources.
What does VASQUEZ, GABRIEL's donor base reveal about their coalition?
VASQUEZ, GABRIEL's funding profile is PAC and organization-funded. High burn rate, spending nearly all raised funds.
What are the financial strengths and risks for VASQUEZ, GABRIEL's campaign?
Net negative cash position despite substantial fundraising.
How does VASQUEZ, GABRIEL's fundraising compare to similar campaigns?
No self-funding, entirely dependent on external sources.
What should voters know about VASQUEZ, GABRIEL's campaign finances?
Minimal grassroots support, indicating a top-down funding strategy.
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 VASQUEZ, GABRIEL: FEC.gov -- VASQUEZ, GABRIEL
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 VASQUEZ, GABRIEL's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.