PALLONE, FRANK JR -- Democratic Candidate for U.S. House of Representatives
PAC-Driven Fundraising with High Burn Rate
PALLONE, FRANK JR is a Democratic candidate running for U.S. House of Representatives in New Jersey, District 06 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 PALLONE, FRANK JR's 2024 campaign.
- Candidate Name: PALLONE, FRANK JR
- Party Affiliation: Democratic
- Office Sought: U.S. House of Representatives
- State: New Jersey
- District: 06
- Election Cycle: 2024
- FEC Candidate ID: H8NJ03073
- Spending Rate: 89% of funds raised have been spent
AI Funding Analysis
PALLONE, FRANK JR has raised $3.5M for the 2024 House race in New Jersey, with $3.1M spent and $3.1M cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 59.4%. Primarily funded by PACs, with no individual contributions. Significant reliance on organizational contributions, indicating a PAC/org-reliant strategy. Burn rate is very high, suggesting a rapid spending pace. Net cash position is negative, indicating potential financial strain.
Campaign Fundraising Summary
PALLONE, FRANK JR has raised $3.5M for their 2024 House campaign in New Jersey. The campaign has spent $3.1M (89% of total raised) and currently holds $3.1M in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $3.5M |
| Total Spent | $3.1M |
| Cash on Hand | $3.1M |
| Spending Rate | 89% |
PALLONE, FRANK JR's campaign has spent 89% of its raised funds, maintaining a balance between active campaigning and building reserves. The remaining $3.1M in cash on hand provides flexibility for future spending.
Funding Sources Breakdown
The following table breaks down where PALLONE, FRANK JR's campaign funds come from. Understanding the mix of funding sources reveals how a candidate's campaign is financially supported.
| Source | Amount | % of Total |
|---|---|---|
| PAC Contributions | $2.1M | 59% |
| Other Sources | $1.4M | 41% |
PAC Contributions represent the largest funding category at $2.1M (59% of total raised). Significant PAC funding indicates support from organized interest groups, industry associations, and political action committees that align with the candidate's policy positions.
AI Funding Analysis
PALLONE, FRANK JR's campaign is funded by individual contributions (0.0%, $0), PAC contributions (59.4%, $2.1M), and party committee transfers (0.0%, $0). Other sources account for $1.4M (40.6%).
Donor Patterns
PALLONE, FRANK JR's campaign relies heavily on PAC and organizational support, which accounts for 59.4% of total receipts. Key donor sectors include PACs, Other sources, No individual contributions. High percentage of funding from PACs (59%) with no party contributions.
Spending Analysis
PALLONE, FRANK JR has spent $3.1M, which is 88.9% of total receipts. The campaign maintains a healthy cash reserve of $3.1M. Negative net cash position, indicating potential financial challenges.
Competitiveness Assessment
PALLONE, FRANK JR's financial position is strong for a House race in New Jersey. The campaign has raised $3.5M with $3.1M remaining. Rapid spending pace with a burn rate of 89%.
Key Donors Analysis
PAC contributions total $2.1M. Key sectors and interest groups represented among donors include PACs, Other sources, No individual contributions. Primarily grassroots funding, but with a high dependency on organizational contributions.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $2.1M |
| PACs | Sector | $0 |
| Other sources | Sector | $0 |
| No individual contributions | Sector | $0 |
Race Opponents: 2024 House New Jersey District 06
The following candidates are competing in the same 2024 House race in New Jersey, District 06 as PALLONE, FRANK JR.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| PALLONE, FRANK JR (current) | Democratic | $3.5M | $3.1M |
| AKHTAR, FAHAD | OTH | $28K | $41K |
| FEGLER, SCOTT MICHAEL MR. | Republican | $109K | $109K |
| HSU, JOHN | Democratic | $6K | $9K |
PALLONE, FRANK JR has raised more than all opponents in this race. The fundraising advantage ratio is 124.0:1.
Other Candidates in New Jersey
Top-raising federal candidates in New Jersey during the 2024 election cycle.
- KIM, ANDY (DEM, Senate) -- $12.4M raised
- MENENDEZ, ROBERT (IND, Senate) -- $11.0M raised
- GOTTHEIMER, JOSH (DEM, House) -- $10.2M raised
- ALTMAN, SUSAN COPIUS (DEM, House) -- $6.3M raised
- KEAN, THOMAS H. JR. (REP, House) -- $6.0M raised
Democratic House Race in New Jersey
PALLONE, FRANK JR is competing as a Democratic candidate for U.S. House of Representatives in New Jersey, District 06. 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 Jersey, visit the New Jersey campaign finance page. You can also browse all Democratic candidates or view all House races nationwide.
Frequently Asked Questions
How much has PALLONE, FRANK JR raised?
PALLONE, FRANK JR has raised a total of $3.5M for the 2024 election cycle. Of that, $3.1M has been spent, leaving $3.1M cash on hand. Individual contributions account for $0, PAC contributions for $2.1M, and party committee transfers for $0.
Where does PALLONE, FRANK JR's campaign money come from?
PALLONE, FRANK JR's campaign is funded by individual contributions (0.0%), PAC contributions (59.4%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has PALLONE, FRANK JR spent?
PALLONE, FRANK JR has spent $3.1M of $3.5M raised, which is 88.9% of total receipts. The campaign has $3.1M remaining cash on hand.
How much cash does PALLONE, FRANK JR have on hand?
PALLONE, FRANK JR currently has $3.1M in cash on hand. This represents the difference between $3.5M raised and $3.1M spent during the 2024 cycle.
How much PAC money has PALLONE, FRANK JR received?
PALLONE, FRANK JR has received $2.1M from political action committees, representing 59.4% of total campaign funds. PAC money is the largest funding source.
What party is PALLONE, FRANK JR affiliated with?
PALLONE, FRANK JR is running as a Democratic candidate for House in New Jersey. The campaign has raised $3.5M for the 2024 election cycle.
What is PALLONE, FRANK JR's campaign burn rate?
PALLONE, FRANK JR's campaign has a burn rate of 89%, having spent $3.1M of $3.5M raised. The campaign maintains a moderate spending pace.
Is PALLONE, FRANK JR financially competitive?
PALLONE, FRANK JR's financial position is strong for a House race. The campaign has raised $3.5M with $3.1M cash on hand. No individual contributions, relying solely on PACs and other sources.
What does PALLONE, FRANK JR's donor base reveal about their coalition?
PALLONE, FRANK JR's funding profile is PAC and organization-funded. High percentage of funding from PACs (59%) with no party contributions.
What are the financial strengths and risks for PALLONE, FRANK JR's campaign?
Negative net cash position, indicating potential financial challenges.
How does PALLONE, FRANK JR's fundraising compare to similar campaigns?
Rapid spending pace with a burn rate of 89%.
What should voters know about PALLONE, FRANK JR's campaign finances?
Primarily grassroots funding, but with a high dependency on organizational contributions.
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 PALLONE, FRANK JR: FEC.gov -- PALLONE, FRANK JR
Related Candidates and Resources
- New Jersey Campaign Finance -- Explore all candidates running in New Jersey
- 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 PALLONE, FRANK JR's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.