Tag Archives: mead treadwell fundraising

Treadwell raises $164,000 in second quarter, campaign in debt.

GOP Senate candidate Mead Treadwell raised $164,016 in the second quarter, which runs from April 1 to June 30, his report from the Senate clerk’s office shows. The report shows that he has $167,047 cash on hand, but his debts are $254,309, which means that he’s nearly $90,000 in the red.

Unlike Sen. Mark Begich and GOP candidate Dan Sullivan, Treadwell had declined to release the reports to the media earlier, presumably because this report, like his previous ones, don’t bode well for his ability to raise the kind of money that many believe is needed to beat Sen. Mark Begich in the fall.

Treadwell formed an exploratory committee in December, 2012, and has been an official candidate since the June, 2013. Continue reading →

Treadwell announces another poor fundraising quarter

On Friday, GOP Senate candidate Lt. Gov. Mead Treadwell announced that he raised $124,000 during the first quarter of the year, which runs from January through March. He also put in $175,000 of his own money because, “Alaskans deserve a Senator who has worked in and served our state for four decades, and one who understands the unique challenges we face,” he said in a release.

The Alaska Dispatch reported that Treadwell had $140,000 cash on hand. Joe Miller, another GOP candidate, announced that he raised $101,000 during the same quarter and has $300,000 cash on hand, much of which is money rolled over from his 2010 run. Miller is running a much different, much more grassroots campaign than is Treadwell, and has the tea party faithful faithfully behind him. Miller officially announces his candidacy on Monday.

The other Republican candidate, former DNR Commissioner Dan Sullivan, clearly the establishment’s choice, raised a whopping $1.4 million and has just under $2 million cash on hand, even though he’s been in the race for far less time than has Treadwell. Treadwell set up an exploratory committee in December 2012, and officially announced last June. Sullivan skipped the exploratory phase and officially announced in October.

Fundraising has not been Treadwell’s strong suit. And it’s not for lack of trying. He crisscrossed the country in 2013 trying to raise money. According to documents given to me, he had at least 15 fundraisers in the Lower 48, not including the numerous events he’s had in Alaska. In September, he hired high-powered, D.C.-based Lisa Spies to help him raise funds. She is now said to have left the campaign, as has most of Treadwell’s paid sta ff, including a campaign manager and two spokespeople. Most recently, Fred Brown left the campaign to work for the RNC in Arkansas.

Word is that Treadwell is getting pressure from some national Republicans to drop out of the race, and to support Sullivan. However, he has said that he has no plans to do so, and that he’s convinced that if he can get through the primary, he can leverage his 40 years of experience in Alaska and win the race.

Contact Amanda Coyne at amandamcoyne@yahoo.com

Unless Treadwell’s fundraising has improved greatly, his campaign appears to be underwater

Lt. Gov. Mead Treadwell, who is running in the Republican primary to replace Democratic U.S. Sen. Mark Begich, has much going for him. He’s a long-time Alaskan, for one. He’s knowledgeable on Arctic issues, and he’s already won a statewide election.

According to FEC reports, however, raising money isn’t one of his strengths. His campaign spokesperson said that things have picked up since the last filing period, which is from July 1 to Sept. 30, when he raised $196,000.

“Our campaign finances are just fine,” Treadwell’s campaign spokesperson ~~manager~~ Fred Brown said. “We have improved each quarter and will undoubtedly have the resources to not only win the primary but replace Mark Begich in November.”

But unless things have turned around significantly for Treadwell the last two months, it appears that his campaign is underwater financially.

During the last quarter, Treadwell raised $196,000, leaving him with about $154,000 on hand. However, his debts and a campaign loan total $50,000. Too, $26,700 of that money is designated for the general election, meaning that it’s earmarked to be used after the primary.

As of Sept. 30, he only had $43,300 cash on hand. During this period, he appeared to be spending roughly $57,000 a month.

U.S. Sen. Mark Begich raised $813,000 during the same time period, and ended the period with $2.4 million cash on hand.

Dan Sullivan, who is also running, didn’t enter the race until Oct. 15 and therefore didn’t fill out a report. Joe Miller, the other candidate, only raised $31,900 from individuals this year.

A few things to note: At the end of September, Treadwell hired national high-powered fundraiser Lisa Spies who has organized fundraisers all across the country for Treadwell. The spoils of her efforts won’t be clear until the next filing date, which is in mid January. But Treadwell has also beefed up staff and taken on other substantive expenses since the reporting period.

Contact Amanda Coyne at amandamcoyne@yahoo.com

Correction: The original article said that Fred Brown was Treadwell’s campaign manager. He’s his spokesperson.