SAPRAICONE, MICHAEL -- Republican Candidate for U.S. Senate
PAC-Driven Fundraising with Low Grassroots Support
SAPRAICONE, MICHAEL is a Republican candidate running for U.S. Senate in New York, District 00 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 SAPRAICONE, MICHAEL's 2024 campaign.
- Candidate Name: SAPRAICONE, MICHAEL
- Party Affiliation: Republican
- Office Sought: U.S. Senate
- State: New York
- District: 00
- Election Cycle: 2024
- FEC Candidate ID: S4NY00404
- Spending Rate: 96% of funds raised have been spent
AI Funding Analysis
SAPRAICONE, MICHAEL has raised $1.4M for the 2024 Senate race in New York, with $1.4M spent and $54K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 0.5%. PACs are the primary funding source, accounting for nearly 100% of contributions. The candidate has a PAC/org-reliant fundraising strategy. The cash-to-spent ratio is very low, indicating a high burn rate. The candidate has no individual contributions, relying solely on PACs and other sources.
Campaign Fundraising Summary
SAPRAICONE, MICHAEL has raised $1.4M for their 2024 Senate campaign in New York. The campaign has spent $1.4M (96% of total raised) and currently holds $54K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $1.4M |
| Total Spent | $1.4M |
| Cash on Hand | $54K |
| Spending Rate | 96% |
With a spending rate of 96%, SAPRAICONE, MICHAEL'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 SAPRAICONE, MICHAEL'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 | $1.4M | 99% |
| PAC Contributions | $8K | 1% |
Individual & Other Contributions represent the largest funding category at $1.4M (99% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
SAPRAICONE, MICHAEL's campaign is funded by individual contributions (0.0%, $0), PAC contributions (0.5%, $8K), and party committee transfers (0.0%, $0). Other sources account for $1.4M (99.5%).
Donor Patterns
SAPRAICONE, MICHAEL's campaign relies heavily on PAC and organizational support, which accounts for 0.5% of total receipts. Key donor sectors include PACs, Other sources, No individual contributions. No individual contributions received.
Spending Analysis
SAPRAICONE, MICHAEL has spent $1.4M, which is 96.2% of total receipts. Cash on hand stands at $54K. High burn rate with a cash-to-spent ratio of 0.04.
Competitiveness Assessment
SAPRAICONE, MICHAEL's financial position is weak for a Senate race in New York. The campaign has raised $1.4M with $54K remaining. No party contributions received.
Key Donors Analysis
PAC contributions total $8K. Key sectors and interest groups represented among donors include PACs, Other sources, No individual contributions. Strong reliance on PAC funding without grassroots support.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $8K |
| PACs | Sector | $0 |
| Other sources | Sector | $0 |
| No individual contributions | Sector | $0 |
Race Opponents: 2024 Senate New York District 00
The following candidates are competing in the same 2024 Senate race in New York, District 00 as SAPRAICONE, MICHAEL.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| SAPRAICONE, MICHAEL (current) | Republican | $1.4M | $1.4M |
| CASTRONUOVA, CARA | Republican | $44K | $44K |
| EISEN, JOSHUA DR. | Republican | $306K | $299K |
| SCHWEITZER, WILLIAM | Democratic | $6K | $6K |
| BELLON, DAVID A. ESQ. | Republican | $44K | $42K |
| SALEM, KHALED | Democratic | $16K | $39K |
| SARE, DIANE WILSON MS | IND | $509K | $509K |
| SALEM, KHALED MR | Democratic | $16K | $0 |
| GILLIBRAND, KIRSTEN | Democratic | $15.7M | $25.3M |
SAPRAICONE, MICHAEL has raised more than all opponents in this race. The fundraising advantage ratio is 32.2:1.
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
Republican Senate Race in New York
SAPRAICONE, MICHAEL is competing as a Republican candidate for U.S. Senate in New York, District 00. U.S. Senate races are held every six years on a staggered basis, with each state electing two senators. Senate campaigns tend to be significantly more expensive than House races due to statewide media markets and higher voter populations.
To explore other candidates running in New York, visit the New York campaign finance page. You can also browse all Republican candidates or view all Senate races nationwide.
Frequently Asked Questions
How much has SAPRAICONE, MICHAEL raised?
SAPRAICONE, MICHAEL has raised a total of $1.4M for the 2024 election cycle. Of that, $1.4M has been spent, leaving $54K cash on hand. Individual contributions account for $0, PAC contributions for $8K, and party committee transfers for $0.
Where does SAPRAICONE, MICHAEL's campaign money come from?
SAPRAICONE, MICHAEL's campaign is funded by individual contributions (0.0%), PAC contributions (0.5%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has SAPRAICONE, MICHAEL spent?
SAPRAICONE, MICHAEL has spent $1.4M of $1.4M raised, which is 96.2% of total receipts. The campaign has $54K remaining cash on hand.
How much cash does SAPRAICONE, MICHAEL have on hand?
SAPRAICONE, MICHAEL currently has $54K in cash on hand. This represents the difference between $1.4M raised and $1.4M spent during the 2024 cycle.
How much PAC money has SAPRAICONE, MICHAEL received?
SAPRAICONE, MICHAEL has received $8K from political action committees, representing 0.5% of total campaign funds. PAC money is the largest funding source.
What party is SAPRAICONE, MICHAEL affiliated with?
SAPRAICONE, MICHAEL is running as a Republican candidate for Senate in New York. The campaign has raised $1.4M for the 2024 election cycle.
What is SAPRAICONE, MICHAEL's campaign burn rate?
SAPRAICONE, MICHAEL's campaign has a burn rate of 96%, having spent $1.4M of $1.4M raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is SAPRAICONE, MICHAEL financially competitive?
SAPRAICONE, MICHAEL's financial position is weak for a Senate race. The campaign has raised $1.4M with $54K cash on hand. 100% of contributions come from PACs and other sources.
What does SAPRAICONE, MICHAEL's donor base reveal about their coalition?
SAPRAICONE, MICHAEL's funding profile is PAC and organization-funded. No individual contributions received.
What are the financial strengths and risks for SAPRAICONE, MICHAEL's campaign?
High burn rate with a cash-to-spent ratio of 0.04.
How does SAPRAICONE, MICHAEL's fundraising compare to similar campaigns?
No party contributions received.
What should voters know about SAPRAICONE, MICHAEL's campaign finances?
Strong reliance on PAC funding without grassroots support.
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 SAPRAICONE, MICHAEL: FEC.gov -- SAPRAICONE, MICHAEL
Related Candidates and Resources
- New York Campaign Finance -- Explore all candidates running in New York
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- Senate Races -- Browse all Senate 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 SAPRAICONE, MICHAEL's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.