Where Your Money went: The LNC
By phillies
The LNC in January
We make a best effort to ensure accuracy, but you should always check our numbers against FEC filings rather than blindly quoting us: For its January 2009 filing, the LNC begins to dig out of its financial hole. They started the month with $3178 cash on hand, had total receipts of $104,349, had total disbursements of $84,591, and ended the month with $22,936 cash on hand and $41,423 debts and obligations owed by the Committee. Alas, in February LNC income fell below $80,000. That's a separate story.
Where did all that money go?
The LNC has a paid staff. Employees were given paychecks for a total of $18,203. The employees on the books were Louise Calise, Andrew Davis, Susan Dickson, Casey Hansen, Sean Haugh, Robert Kraus, Mark Meranta, and Austin Petersen. In addition, for those employees, $2974 went to the social security administration, $2417 went to Federal Withholding and Federal Unemployment, $1435 went for the employee and employer 401K contributions, $1307 went to employee health insurance, $695 went for Medicare, $652 in taxes went to Virginia, and $167 went to QuickBooks for payroll processing. $733 went to the District of Columbia for a range of taxes and fees. There are also people being paid who are not staff. $5875 went to Warner, Norcross & Judd for legal services. $2250 went to Paula Edwards for FEC filing. $1250 went to Michael Hickey for writing for non-candidate mailing. The staff have an office. Renting the Office cost $9903. Offices have expenses. Note $21,672 for non-candidate party mailing services to Advanced Mailing Services, B & B Duplicators, DirectMail.com, Ideal Mailing, Liberty for MCS Direct, National Electronic Type, and Stigler Printing, not to mention $1780 for postage and postage metering, $909 for a copier, $497 for shipping services, $430 for office supplies, and $821 for Director and Officer Insurance. Electronic outreach is important. $5592 went to Terra Eclipse for the web site. $476 went to Verizon and Telecompute for Tele-data services. Raising money costs money. 190 went to Riggs bank for bank service charges. $625 went to JSA, Inc for telefundraising. $825 went to ONeill Marketing Company for a Party Prospect Mail List. $1390 went to several places for credit card processing. There was no identifiable money spent on candidate or direct affiliate support. Some part of the $6000 spent on the web site is fairly counted as public outreach. The staff does include in their job descriptions a certain amount of press outreach and volunteer mobilization.
Where Your Money went: The LNC | 1 comment (1 topical, 0 hidden)
Where Your Money went: The LNC | 1 comment (1 topical, 0 hidden)
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