SCHMIDT, DEREK -- Republican Candidate for U.S. House of Representatives
PAC-Driven Fundraising with No Individual Support
SCHMIDT, DEREK is a Republican candidate running for U.S. House of Representatives in Kansas, 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 SCHMIDT, DEREK's 2024 campaign.
- Candidate Name: SCHMIDT, DEREK
- Party Affiliation: Republican
- Office Sought: U.S. House of Representatives
- State: Kansas
- District: 02
- Election Cycle: 2024
- FEC Candidate ID: H4KS02164
- Spending Rate: 97% of funds raised have been spent
AI Funding Analysis
SCHMIDT, DEREK has raised $1.3M for the 2024 House race in Kansas, with $1.2M spent and $39K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 32.8%. Primarily funded by PACs, with no individual contributions. Significant reliance on organizational contributions, indicating a PAC/org-reliant strategy. High burn rate and negative cash position suggest financial challenges. Lacks grassroots support, relying solely on other sources.
Campaign Fundraising Summary
SCHMIDT, DEREK has raised $1.3M for their 2024 House campaign in Kansas. The campaign has spent $1.2M (97% of total raised) and currently holds $39K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $1.3M |
| Total Spent | $1.2M |
| Cash on Hand | $39K |
| Spending Rate | 97% |
With a spending rate of 97%, SCHMIDT, DEREK'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 SCHMIDT, DEREK'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 | $851K | 67% |
| PAC Contributions | $416K | 33% |
Individual & Other Contributions represent the largest funding category at $851K (67% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
SCHMIDT, DEREK's campaign is funded by individual contributions (0.0%, $0), PAC contributions (32.8%, $416K), and party committee transfers (0.0%, $0). Other sources account for $851K (67.2%).
Donor Patterns
SCHMIDT, DEREK's campaign relies heavily on PAC and organizational support, which accounts for 32.8% of total receipts. Key donor sectors include PACs, Organizations, Other sources. High percentage of funds from PACs (33%).
Spending Analysis
SCHMIDT, DEREK has spent $1.2M, which is 97.0% of total receipts. Cash on hand stands at $39K. Negative net cash position (-$1,189,625.89).
Competitiveness Assessment
SCHMIDT, DEREK's financial position is weak for a House race in Kansas. The campaign has raised $1.3M with $39K remaining. Primarily funded by organizational contributions.
Key Donors Analysis
PAC contributions total $416K. Key sectors and interest groups represented among donors include PACs, Organizations, Other sources. Burn rate of 97%, indicating rapid spending.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $416K |
| PACs | Sector | $0 |
| Organizations | Sector | $0 |
| Other sources | Sector | $0 |
Race Opponents: 2024 House Kansas District 02
The following candidates are competing in the same 2024 House race in Kansas, District 02 as SCHMIDT, DEREK.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| SCHMIDT, DEREK (current) | Republican | $1.3M | $1.2M |
| OGLE, MICHAEL ALLEN | Republican | $28K | $19K |
| BOYDA, NANCY E | Democratic | $245K | $245K |
| KLEINMANN, MATTHEW RYAN | Democratic | $53K | $53K |
| KAHRS, JEFF | Republican | $490K | $487K |
| TIFFANY, SHAWN | Republican | $478K | $478K |
| WOODY, ELGIN IV | Democratic | $41K | $43K |
| BOYDA, NANCY E | Democratic | $245K | $245K |
| LATURNER, JAKE | Republican | $924K | $992K |
SCHMIDT, DEREK has raised more than all opponents in this race. The fundraising advantage ratio is 45.6:1.
Other Candidates in Kansas
Top-raising federal candidates in Kansas during the 2024 election cycle.
- DAVIDS, SHARICE (DEM, House) -- $6.0M raised
- ESTES, RON (REP, House) -- $2.3M raised
- REDDY, PRASANTH DR. (REP, House) -- $1.9M raised
- MANN, TRACEY ROBERT (REP, House) -- $1.5M raised
- LATURNER, JAKE (REP, House) -- $924K raised
Republican House Race in Kansas
SCHMIDT, DEREK is competing as a Republican candidate for U.S. House of Representatives in Kansas, 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 Kansas, visit the Kansas campaign finance page. You can also browse all Republican candidates or view all House races nationwide.
Frequently Asked Questions
How much has SCHMIDT, DEREK raised?
SCHMIDT, DEREK has raised a total of $1.3M for the 2024 election cycle. Of that, $1.2M has been spent, leaving $39K cash on hand. Individual contributions account for $0, PAC contributions for $416K, and party committee transfers for $0.
Where does SCHMIDT, DEREK's campaign money come from?
SCHMIDT, DEREK's campaign is funded by individual contributions (0.0%), PAC contributions (32.8%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has SCHMIDT, DEREK spent?
SCHMIDT, DEREK has spent $1.2M of $1.3M raised, which is 97.0% of total receipts. The campaign has $39K remaining cash on hand.
How much cash does SCHMIDT, DEREK have on hand?
SCHMIDT, DEREK currently has $39K in cash on hand. This represents the difference between $1.3M raised and $1.2M spent during the 2024 cycle.
How much PAC money has SCHMIDT, DEREK received?
SCHMIDT, DEREK has received $416K from political action committees, representing 32.8% of total campaign funds. PAC money is the largest funding source.
What party is SCHMIDT, DEREK affiliated with?
SCHMIDT, DEREK is running as a Republican candidate for House in Kansas. The campaign has raised $1.3M for the 2024 election cycle.
What is SCHMIDT, DEREK's campaign burn rate?
SCHMIDT, DEREK's campaign has a burn rate of 97%, having spent $1.2M of $1.3M raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is SCHMIDT, DEREK financially competitive?
SCHMIDT, DEREK's financial position is weak for a House race. The campaign has raised $1.3M with $39K cash on hand. No individual contributions recorded.
What does SCHMIDT, DEREK's donor base reveal about their coalition?
SCHMIDT, DEREK's funding profile is PAC and organization-funded. High percentage of funds from PACs (33%).
What are the financial strengths and risks for SCHMIDT, DEREK's campaign?
Negative net cash position (-$1,189,625.89).
How does SCHMIDT, DEREK's fundraising compare to similar campaigns?
Primarily funded by organizational contributions.
What should voters know about SCHMIDT, DEREK's campaign finances?
Burn rate of 97%, indicating rapid spending.
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 SCHMIDT, DEREK: FEC.gov -- SCHMIDT, DEREK
Related Candidates and Resources
- Kansas Campaign Finance -- Explore all candidates running in Kansas
- 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 SCHMIDT, DEREK's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.