Colorado congressional candidates who won their primaries last month finished June low on money, giving their general election opponents – many of whom are incumbents – significant cash cushions heading into the Nov. 8 contest.
Some successful primary candidates also still owe vendors hefty sums, according to campaign finance reports filed Friday with the Federal Election Commission, meaning they have even less money to work with than it appears. Cash is important for candidates as they staff up for the general election. It’s what helps candidates get their message out to voters through TV, radio and digital ads, as well as through mailers and canvassing.
Friday’s filings, which cover fundraising and spending from April 1 to June 30, also revealed the identities of some of the Colorado donors who powered outside spending in the Republican U.S. Senate and 7th Congressional District primaries.
Two big takeaways from the report:
Bennet, competing in his third election to a six-year Senate term, raised nearly $3.4 million from April 1 through June 30. He’s raised nearly $14.6 million since his last reelection campaign in 2016.
That compares with about $2 million raised by O’Dea during the same time frame, bringing his fundraising total to about $3.5 million since he entered the contest in October. But close to $1.7 million of that cash came directly from O’Dea, who has millions of dollars in assets.
Bennet has yet to air any TV ads, the latest of any Colorado incumbent senator to start broadcasting in recent campaign cycles. In 2010 and 2016, Bennet’s campaigns went on the air in the spring.
O’Dea, meanwhile, spent nearly $600,000 on TV and radio advertising to defeat state Rep. Ron Hanks, who raised only about $137,000 for his campaign, in the Republican U.S. Senate primary. The super PAC Democratic Colorado spent more than $4 million on TV and digital ads in a failed attempt to promote Hanks in the contest. Democrats felt Hanks would be easier for Bennet to beat in November given his hard-line position on abortion and unfounded belief than the 2020 presidential election was stolent from Donald Trump.
O’Dea also got plenty of primary help from American Policy Fund, a federal super PAC that spent more than $1 million on TV and digital advertising supporting O’Dea and opposing Hanks.
Contractors and business interests funded that super PAC. Brighton’s Transwest Automotive Group, Adams City’s Hutchison Inc. and Bruce Wagner, owner of Aurora’s Wagner Equipment Co., each donated $200,000. Golden’s Jeffrey Keller, CEO of APC Construction, gave $150,000, while his company donated $100,000, and APC President John Keller gave $50,000.
The Colorado Oil and Gas Association also gave $100,000 to American Policy Fund four days before the June 28 primary.
Bennet’s Senate seat is rated as likely to remain in Democratic hands, however CNN last week added it to the bottom of a list of 10 seats most likely to change hands in November.
Outside groups spent nearly $1.2 million to influence the four-way Republican primary in the new 8th District. Nearly two-thirds of that spending went to support Kirkmeyer, a former Weld County commissioner who lives in Brighton.
Kirkmeyer’s campaign spent $333,000 to win the primary, considerably less than the second-place finisher, Thornton Mayor Jan Kulmann, who spent $490,000. Weld County Commissioner Lori Saine, who came in third, spent $311,000, while former Army Green Beret Tyler Allcorn, who came in a distant fourth, spent $244,000.
Caraveo, who faced no primary opposition, had her best fundraising quarter yet, bringing in nearly $594,000. That’s more than half the $1.2 million the campaign has raised thus far.
Party-affiliated super PACs are likely to spend big in the general election. The district is considered a toss-up.
The Democratic Congressional Campaign Committee has reserved $4.4 million of TV ad time for the fall in Colorado, while the National Republican Congressional Committee has reserved $4.1 million. Most of that is expected to be aimed at the 8th District.
In the 7th Congressional District, state Sen. Brittany Pettersen, the Democratic nominee, also holds a sizable cash advantage over her Republican opponent, Army veteran and first-time candidate Erik Aadland.
The NRCC placed Aadland on its “on the radar” list last week for the open seat being vacated by retiring U.S. Rep. Ed Perlmutter, D-Arvada. Pettersen is listed on a similar tier of DCCC contests.
Pettersen had her best fundraising period, raising nearly $747,000 from April through June, and had nearly $964,000 in cash at the end of June. The campaign owed vendors about $12,000. Pettersen, of Lakewood, had no primary opponent.
Aadland raised $141,000 over the three months, but had only $49,000 in the bank at the end of June after beating two primary challengers.
Super PAC For Colorado’s Future spent nearly $338,000 supporting Aadland or opposing one of his opponents, Golden economist Tim Reichert. All that money went to Telephone Town Hall Meeting, a Golden company whose owner, Curt Cerveny, donated $1,785 to Aadland’s campaign. The PAC’s spending went toward TV ads and mailers as well as phone calls and text messages to voters.
The super PAC brought in only $80,000 from three donors between April and the end of June. It owed Telephone Town Hall Meeting nearly $258,000 to begin July, according to a report filed Wednesday.
Separately, Aadland’s campaign paid Telephone Town Hall Meeting more than $37,000 for mailers and text messages to voters.
Jonathan Sawyer, the Littleton CEO of wireless company XetaWave, gave $50,000 to For Colorado’s Future. He also wrote an opinion piece for The Colorado Sun criticizing Reichert’s economic policies. Pericle Communications Co., a Colorado Springs wireless company, donated $25,000 to the super PAC, while Edward Hunt, owner of NFLDraftBlitz.com, gave $5,000.
Another federal super PAC, Conservative Leadership for Colorado, spent more than $117,000 supporting Reichert. That PAC received $30,000 from Denver aviation pioneer Harry Combs, $25,000 each from Pete Coors, Bow River Capital CEO Blair Richardson and former Re/Max CEO Margaret Kelly.
In the 3rd Congressional District, former Aspen City Councilman Adam Frisch eked out a Democratic primary victory over Pueblo activist Sol Sandoval and will face a well-funded GOP U.S. Rep. Lauren Boebert, R-Garfield County, in November.
Frisch spent more than $2 million to Sandoval’s $921,000 in the three-way Democratic primary contest. He still had $570,000 in the bank after loaning his campaign $715,000. Sandoval ended June with about $28,000 in cash and $47,000 owed to campaign vendors.
Boebert brought in more than $940,000 during the quarter, as she handily defeated state Sen. Don Coram, of Montrose, in the GOP primary. She still has $2.3 million in cash heading toward the general election.
Coram spent only $210,000 on the primary race, while Boebert has spent nearly $3.6 million since beginning her reelection effort in January 2021. Boebert paid Christian musician Sean Fuchs $7,500 to appear at her Grand Junction victory party June 28, with another $3,800 spent on catering the event.
Several unsuccessful Colorado congressional candidates, some who didn’t even make the ballot, put plenty of their own cash into their campaigns.
Here’s a look: