Dick Gephardt-Campaign Finances
Gephardt for President, Inc.  
On January 6, 2003, Rep. Gephardt filed papers with the FEC establishing Gephardt for President Exploratory Committee.  The campaign opened its headquarters in a downtown Washington, DC office building in the first part of February 2003.  Gephardt formally announced his campaign on February 19, 2003 in St. Louis, MO. 
Steve Murphy is the campaign manager.  Veteran fundraiser Richard L. Sullivan is deputy campaign manager.  On March 4, 2003 the campaign named five national finance co-chairs: Don H. Barden of Detroit, MI, Leo Hindery, Jr. of New York, Marsha J. Murphy of Kansas City, MO, Steven J. Stogel of St. Louis, MO, and Steven Wilson of Lake Forest, IL.
Gephardt for President, Inc. Finances
FEC Filings
Cash on Hand
(beginning of reporting period)
Total Receipts
Total Disbursements
Cash on Hand
(at end of reporting period)
Total Cycle to Date
3rd Q 2003 (July 1-Sept. 30)
2nd Q 2003 (April 1-June 30)
1st Q 2003 (Jan. 1-Mar. 31)
*includes $2,403,521.36 million transferred from Gephardt's congressional campaign committee.

3rd Q 2003:  Gephardt's fundraising, while not stellar, has been consistent.  The $3.8 million the campaign raised placed Gephardt third for the quarter and roughly matched its 2nd Quarter total.  However the campaign spent  $4.2 million, reducing cash on hand to $5.9 million.

2nd Q 2003:  Gephardt's disappointing take of $3.8 million, well below the campaign's target of $5 million, was one of the major themes to emerge from the second quarter reports.  Responding to a reporter's question after the Human Rights Campaign's presidential forum on July 15, Gephardt stated, "First of all, we're on course.  We are raising the amount that we set out to raise.  Our budget has always been $20 million this year and we're roughly very close to half way to that goal.  We've raised 9.8 or 9.9 million so that's pretty good for political work.  And I'm convinced that we're going to raise what we need in the next six months.  Look, you never raise what you want to raise.  We fell a little short of our expectations in what we wanted to raise, but we've fixed some of the concerns that we've had with the operation and we're going to do better."  The headline on USA Today 's July 16 article by Jill Lawrence read "'Wake-up call': Gephardt fundraising comes in light" and the bank headline of the Washington Post's article said "Weak Performance of Gephardt Is a Surprise."  The $3.8 million included $132,966.24 from 58 PACs and campaign committees.

1st Q 2003:  The $5,951,721.26 includes $2,403,521.36 million transferred from Gephardt's congressional campaign committee.  Thus Gephardt raised $3.6 million in the quarter, which was seen as somewhat disappointing when compared to Edwards' $7.4 million and Kerry's $7 million.  $172,405.38 of the money raised came from 60 political committees; in addition to contributions from many labor PACS, the campaign also took in contributions from five Las Vegas casino PACs.  See also 1st Q Disbursements.

N A T I O N A L   F I N A N C E   C O - C H A I R S
(announced March 4, 2003)

Don H. Barden, Detroit, MI
Barden is owner, Chairman and CEO of Barden Companies, Inc, the Majestic Star Casino, Waycor Development Company and Barden International, Inc.  Barden is a top national Democratic donor.

Leo Hindery, Jr., New York, NY
Hindery is Chairman and Chief Executive Officer of The YES Network.  Hindery was a major supporter of Vice President Al Gore's campaigns, the Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee.

Marsha J. Murphy, Kansas City, MO
Murphy is an Alternative Dispute Resolution Specialist and a former Jackson County Executive.  She previously served as an elected delegate to the Democratic Party National Conventions in 1984, 1988 and 1992 and
as Missouri Deputy Campaign Manager for Dick Gephardt for President from 1987 to 1988.

Steven J. Stogel, St. Louis, MO
Stogel is the President of DFC Group, Inc, a real estate development and consulting firm.  Stogel has previously worked on behalf of Rep. Dick Gephardt, Governor Mel Carnahan, former Senator Jean Carnahan, Governor
Bob Holden and other Missouri political figures.

Steven Wilson, Lake Forest, IL
Wilson is chairman of the board of Long View Village Development Company, a real estate development and asset management firm.  Mr. Wilson previously served as National Finance Chairman and Vice Chair of the Democratic Senatorial Campaign Committee in 1987 & 1988, National Finance Director for Biden for President Committee and National Finance Co-Chair for Kerrey for President.

Rep. Gephardt raised $4.7 million for his 2002 re-election campaign, spent $3.2 million and finished with $2.6 million in cash on hand.  His Effective Government Committee raised additional sums, and, as leader of the Democrats in the House, he helped raise millions of dollars for the DCCC.  Richard Sullivan is Gephardt's finance man, while Matt Rodriguez did political.

Effective Government Committee
Formed in 1985.
Effective Government Committee Finances
Total Receipts
Total Disbursements
Cash On Hand
(at end of reporting period)
FEC Filings 2001-02
IRS (Non-Federal) Filings 2001-02
Post-Election Non-Federal
Post-General (Oct. 17-Nov. 25)
Pre-General Non-Federal
Pre-General (Oct. 1-Oct. 16)
3rd Q 2002 Non-Federal
Oct. '02 Monthly (Sept. 1-Sept. 30)
Sept. '02 Monthly (Aug. 1-Aug. 31)
Aug. '02 Monthly (July 1-July 31)
2nd Q 2002 Non-Federal
July '02 Monthy (June 1-June 30)
June '02 Monthly (May 1-May 31)
May '02 Monthly (April 1-April 31)
1st Q 2002 Non-Federal
April '02 Monthly (Mar. 1-Mar. 30)
March '02 Monthly (Feb. 1-Feb.28)
Feb. '02 Monthly (Jan. 1-Jan. 31)
Yr End 2001 (Dec. 11-Dec. 31, '01)
Post-Special (July 10-Dec. 10)
Post-Special (May 31-July 9)
Pre-Special (Jan. 1-May 30, 2001)

$1,466,550.48 in receipts is the total of $890,960.98 in receipts for 2002 and $575,589.50 in receipts for 2001; and disbursements of $1,431,959.50 in disbursements is the total of $880,111.61 in 2002 and $551,847.89 in 2001.

Top Donors:
$105,000-Fred Eychaner, President, News Web Corporation (Chicago, IL); $100,000-Weitz & Luxenberg (New York); $50,000-Pamela A. Liapakis, Attorney (New York); Harold Snyder, CEO of HBJ Investments (New York); International Brotherhood of Teamsters.

Gephardt in Congress Committee ('02 re-election)
Joyce Aboussie ran Gephardt's 2002 re-election campaign.  She volunteered on his first campaign, in 1976, and has run all of his campaigns since.  Aboussie is president and owner of Telephone Contact Inc. 
Gephardt in Congress Committee Finances
FEC reports
Net Contributions
Net Op. Expends
Cash On Hand
(at end of reporting period)
2001-2002 Election Cycle 
Post-General (Oct. 17-Nov. 25, '02)
Pre-General (Oct. 1-Oct. 16, 2002)
Oct. Qtrly (July 18-Sept. 30, 2002) 
Pre-Primary (July 1-July 17, 2002)
July Qtrly (Apr. 1-June 30, 2002)
April Qtrly (Jan. 1-March 31, 2002)
Year End (July 1-Dec. 31, 2001)
Mid Year (Jan. 1-June 30, 2001)


Copyright © 2002, 2003  Eric M. Appleman/Democracy in Action