Harrison's 4Q Filing

4Q 2007
Net Q: $69,230
Net: $106,457
CoH: $83,116
Debt: $2,351

The Harrison campaign who has sent me this press release. It is great to see a campaign recognize what internet outreach can do.

Democratic Congressional Candidate Steve Harrison Tops 100G
Fundraising success attributed to Grassroots support

(Staten Island/Brooklyn) Daniel Kadin of Daniel Kadin Associates, the fund raising group for Congressional Candidate Steve Harrison (13th CD, Staten Island/Brooklyn), announced today that the campaign raised over $106,000 through year end and has cash on hand of over $83,000.

“The sum was raised over the last quarter of ‘07 plus the last two weeks of the third quarter,” said Kadin.

Harrison was the Democratic candidate against incumbent Vito Fossella in 2006. With only $130,000 against Fossella’s $1.7M, Harrison garnered over 43% of the vote. The Democratic Congressional Campaign Committee credited Harrison with showing that Fossella can be beaten.

Harrison is already approaching his total ‘06 number well before March, the time of year he began fund raising for the ‘06 race.

Kadin points to Harrison’s grassroots support. “Steve had 439 contributions from individuals as of year end, with over 60% in-district, split about evenly between Staten Island and Brooklyn. That’s a remarkable achievement. This is not a district noted for large donations but the numbers show deep support in the district. It’s fine and necessary to get out-of-district support but in-district support is indispensable to win the election.”

Harrison’s fund raising approach mimics the Howard Dean model. Typically this style of fund raising relies heavily on grassroots support through vehicles such as on-line appeals to small donors and house parties. It tends to mushroom as time passes and minimizes reliance on money from special interests. “

“Harrison is doing very well in the grassroots sphere,” said Kadin, “as the election draws near, the on-line crew becomes more active. Solidly progressive candidates like Steve do very well in that world.”

Recchia's 4Q Filing

The first good sign of Domenic Recchia's viability in this race came with his FEC filing.

4Q 2007
Net Q: $220,770
Net: $220,770
CoH: $206,451
Debt: $0

• Recchia trails Rep. Vito Fossella by about $70,000 $43,000 or $16,000 when you consider Fossella's debt.
• Recchia's disbursements/expenditure rate is well below Fossella's, $90,000 less

update: I have added Recchia to the sunlight tool in the right column. Note that those totals are total contributions not cash on hand. The numbers are a lot closer than it looks because Fossella has a small spending problem. He can't be trusted with his own money, should he be trusted with yours?

Vito Fossella is out of Money

I have covered Rep. Vito Fossella's financial hardships thus far in his campaign in several posts;

Fossella in Financial Trouble and Denial
Fossella in Financial Trouble and Denial, part II
Fossella in Financial Trouble and Denial, part III

Now is the summation of those diaries leading up to his 4Q FEC filings which looks like it will be out Monday or Tuesday. Vito Fossella was broke at the end of 3Q 2007. Broke.

The Congressman's filings show $50,286 Cash on Hand but further analysis of these numbers show that $50,050 are restricted to General Election spending meaning he is unable to touch that money until after the Primary Election in September 2008. Fossella is simultaneously raising money for his Primary Election and his General Election. The General Election money though can't be touched no matter what financial hardships might fall on him.

At the end of September, the last month we have financial records for, Rep. Vito Fossella had a total of $236. There are no zeros missing from that. Two hundred and thirty-six dollars. Considering he has to pay utilities, rent and salaries to name several large expenditures he would need to put all his initial fund raising of 4Q immediately to bills. Not the way you want to run a re-election campaign.

Here is Vito Fossella's $50,050 restricted to his General Election;
Gina Addeo, $2,300 (4/30/07)

Geradri Campitiello, $2,300 (07/31/07)

John Celiberti, Jr., $2,300 (04/30/07)

Charles DeMarco, $2,100 (03/19/07)

Mario DiBiase, $1,000 (03/19/07)

Dennis Hansen, $2,300 (06/21/07)

Robert Golden, $1,650 (03/19/07)

Andrew Leider, $2,300 (02/23/07)

Raymond Masucci, $2,300 (06/30/07)

Michael Miglino, $2,300 (06/14/07)

Clare Miley, $2,300 (04/30/07)

Maureen Moore, $2,100 (03/19/07)

Alice Noce, $200 (02/13/07)

Lisa Noce, $200 (02/13/07)

Anthony Santo, $2,300 (03/20/07)

Susan Scimore, $2,300 (06/14/07)

Mufeed Siad, $2,300 (06/29/07)

Michael Sulivan, $2,300 (04/30/07)

Anthony Tranchina, $2,300 (03/03/07)

George Wade, $2,300 (03/19/07)

Stuart Waldman, $2,300 (03/30/07)

Harold Weinberg, $700 (03/30/07)

Edward Welsh, $700 (06/04/07)

Jamshad Wyne, $2,300 (06/30/07)

Joseph Zahriyeh, $2,300 (06/29/07)

Fossella in Financial Trouble and Denial, part II

In last night's post I was a little too hasteful in my thinking that FEC reports would be available later this week. That is not the case. They will be available closer to January 15th. But there is plenty of analysis to keep you occupied;

Yesterday's post quoted Georgea Kaye, Fossella's spokesperson as saying the committee raised between $1.2 and 1.8 million each election cycle. Either Rep. Fossella and his staffers are ignorant of their own past or they are just putting out lies hoping no one calls them on it. Totals for his past election cycles;

2000 - $1.285 million
2002 - $758k
2004 - $1.124 m
2006 - $1.488 m

So two of his campaign cycles amassed between $1.2 and 1.8 million. Although they never topped $1.5 million so that $1.8 million figure is rather strange. Of course two of the other campaigns did not even total $1.2 million. Maybe they round up? A lot.

Next it seems ambitious to say that based off of past fund raising production that this year they again will raise at least $1.2 million. With $383,000 in net contributions Rep. Fossella would need to bring in $204,000 in each quarter just to reach $1.2 million for the entire cycle. This is how he has done thus far this cycle per quarter:

4Q 2006 - $0
1Q 2007 - $133,000
2Q 2007 - $151,000
3Q 2007 - $99,000

To wrap this up unless Rep. Fossella pulls in over $200,000 in contributions in his 4Q FEC filing he is failing to meet his own minimum expectations. This is something he has not been able to do once during this election cycle. This will be a telling sign of how much trouble his campaign might be in.