VELAZQUEZ, NYDIA M. -- Democratic Candidate for U.S. House of Representatives
PAC-Driven Fundraising with Minimal Grassroots Support
VELAZQUEZ, NYDIA M. is a Democratic candidate running for U.S. House of Representatives in New York, District 07 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 VELAZQUEZ, NYDIA M.'s 2024 campaign.
- Candidate Name: VELAZQUEZ, NYDIA M.
- Party Affiliation: Democratic
- Office Sought: U.S. House of Representatives
- State: New York
- District: 07
- Election Cycle: 2024
- FEC Candidate ID: H2NY00010
- Spending Rate: 130% of funds raised have been spent
AI Funding Analysis
VELAZQUEZ, NYDIA M. has raised $473K for the 2024 House race in New York, with $616K spent and $160K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 44.0%. Primarily funded by PACs, with no individual contributions. Significant burn rate, indicating rapid spending. Net negative cash position, suggesting financial strain. Grassroots fundraising efforts are minimal.
Campaign Fundraising Summary
VELAZQUEZ, NYDIA M. has raised $473K for their 2024 House campaign in New York. The campaign has spent $616K (130% of total raised) and currently holds $160K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $473K |
| Total Spent | $616K |
| Cash on Hand | $160K |
| Spending Rate | 130% |
With a spending rate of 130%, VELAZQUEZ, NYDIA M.'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 VELAZQUEZ, NYDIA M.'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 | $265K | 56% |
| PAC Contributions | $208K | 44% |
Individual & Other Contributions represent the largest funding category at $265K (56% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
VELAZQUEZ, NYDIA M.'s campaign is funded by individual contributions (0.0%, $0), PAC contributions (44.0%, $208K), and party committee transfers (0.0%, $0). Other sources account for $265K (56.0%).
Donor Patterns
VELAZQUEZ, NYDIA M.'s campaign relies heavily on PAC and organizational support, which accounts for 44.0% of total receipts. Key donor sectors include PACs, No individual contributions, No party contributions. High PAC funding at 44% of total raised.
Spending Analysis
VELAZQUEZ, NYDIA M. has spent $616K, which is 130.4% of total receipts. Cash on hand stands at $160K. Negative net cash position of $456,705.29.
Competitiveness Assessment
VELAZQUEZ, NYDIA M.'s financial position is weak for a House race in New York. The campaign has raised $473K with $160K remaining. Burn rate of 130% indicates rapid spending.
Key Donors Analysis
PAC contributions total $208K. Key sectors and interest groups represented among donors include PACs, No individual contributions, No party contributions. Grassroots fundraising is negligible.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $208K |
| PACs | Sector | $0 |
| No individual contributions | Sector | $0 |
| No party contributions | Sector | $0 |
Race Opponents: 2024 House New York District 07
The following candidates are competing in the same 2024 House race in New York, District 07 as VELAZQUEZ, NYDIA M..
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| VELAZQUEZ, NYDIA M. (current) | Democratic | $473K | $616K |
| KREGLER, WILLIAM | Republican | $18K | $18K |
VELAZQUEZ, NYDIA M. has raised more than their opponent in this race. The fundraising advantage ratio is 25.9:1.
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
Democratic House Race in New York
VELAZQUEZ, NYDIA M. is competing as a Democratic candidate for U.S. House of Representatives in New York, District 07. 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 Democratic candidates or view all House races nationwide.
Frequently Asked Questions
How much has VELAZQUEZ, NYDIA M. raised?
VELAZQUEZ, NYDIA M. has raised a total of $473K for the 2024 election cycle. Of that, $616K has been spent, leaving $160K cash on hand. Individual contributions account for $0, PAC contributions for $208K, and party committee transfers for $0.
Where does VELAZQUEZ, NYDIA M.'s campaign money come from?
VELAZQUEZ, NYDIA M.'s campaign is funded by individual contributions (0.0%), PAC contributions (44.0%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has VELAZQUEZ, NYDIA M. spent?
VELAZQUEZ, NYDIA M. has spent $616K of $473K raised, which is 130.4% of total receipts. The campaign has $160K remaining cash on hand.
How much cash does VELAZQUEZ, NYDIA M. have on hand?
VELAZQUEZ, NYDIA M. currently has $160K in cash on hand. This represents the difference between $473K raised and $616K spent during the 2024 cycle.
How much PAC money has VELAZQUEZ, NYDIA M. received?
VELAZQUEZ, NYDIA M. has received $208K from political action committees, representing 44.0% of total campaign funds. PAC money is the largest funding source.
What party is VELAZQUEZ, NYDIA M. affiliated with?
VELAZQUEZ, NYDIA M. is running as a Democratic candidate for House in New York. The campaign has raised $473K for the 2024 election cycle.
What is VELAZQUEZ, NYDIA M.'s campaign burn rate?
VELAZQUEZ, NYDIA M.'s campaign has a burn rate of 130%, having spent $616K of $473K raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is VELAZQUEZ, NYDIA M. financially competitive?
VELAZQUEZ, NYDIA M.'s financial position is weak for a House race. The campaign has raised $473K with $160K cash on hand. No individual contributions recorded.
What does VELAZQUEZ, NYDIA M.'s donor base reveal about their coalition?
VELAZQUEZ, NYDIA M.'s funding profile is PAC and organization-funded. High PAC funding at 44% of total raised.
What are the financial strengths and risks for VELAZQUEZ, NYDIA M.'s campaign?
Negative net cash position of $456,705.29.
How does VELAZQUEZ, NYDIA M.'s fundraising compare to similar campaigns?
Burn rate of 130% indicates rapid spending.
What should voters know about VELAZQUEZ, NYDIA M.'s campaign finances?
Grassroots fundraising is negligible.
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 VELAZQUEZ, NYDIA M.: FEC.gov -- VELAZQUEZ, NYDIA M.
Related Candidates and Resources
- New York Campaign Finance -- Explore all candidates running in New York
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- Search Candidates -- Search for any federal candidate or committee
- FEC Official Filing -- Verify VELAZQUEZ, NYDIA M.'s data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.