SLF PAC — $175.4 million in FEC Super PAC receipts

What the $175.4 million receipt total covers

The headline number on this page is $175,443,565.90 in total receipts. That figure comes from FEC Form 3X committee aggregates, not from a press release and not from a candidate's campaign account. SLF PAC files as committee C00571703. Receipts on Form 3X include money the committee reported taking in during the covered reporting periods in the LobbyVault roll-up — contributions, transfers, and other reported income lines as the FEC records them.

A Super PAC receipt total is not a scoreboard of races won or ads aired. It is a sum of money reported to the Federal Election Commission. Readers who want the line-by-line picture should open the SLF PAC committee page, where the same aggregates sit next to the underlying FEC identity fields. The $175.4 million figure is large relative to many other independent-expenditure committees in the Super PAC tracker; size alone does not say who was supported or opposed.

Disbursements of $15.1 million against those receipts

SLF PAC reported $15,114,228.71 in total disbursements. That is about 8.6% of the $175,443,565.90 receipt total. The gap is a filing fact, not a conclusion about unspent cash on hand, unpaid bills, or future advertising. Form 3X disbursement totals mix operating costs, independent expenditures, contributions to other committees where allowed, and other reported outflows. This packet does not break those lines apart.

Comparing receipts to disbursements is useful for scale. It is not a verdict on efficiency. A committee can raise in one period and spend in another; a snapshot can look lopsided for that reason alone. Treat the $15.1 million as the disbursement aggregate LobbyVault pulled from FEC.gov, and treat anything beyond that as a question for the original reports.

Individual contributions: $124.0 million

Individual contributions on this committee total $124,046,385.14, or about 70.7% of receipts. The remainder of the $175,443,565.90 is other reported receipt types — not itemized in this packet. Super PACs may accept large individual gifts that candidate committees cannot. That legal distinction is why the individual-contribution line is worth reading next to the receipt total, not as a substitute for it.

Individual contribution here is an FEC category. It does not name the donors, their employers, or their states. Those names, if disclosed on itemized schedules, live on the committee's FEC filings and on the committee page that this guide overlays. A $124.0 million individual line means the committee's money is heavily tagged as coming from individuals in the aggregate, not that every dollar is a small-dollar gift.

Committee identity: C00571703 in Washington, D.C.

SLF PAC's FEC committee ID is C00571703. The city and state of record are Washington, D.C. The treasurer of record is Caleb Crosby. Those four fields — ID, name, city/state, treasurer — are how the FEC keeps this committee distinct from similarly named PACs in the PAC directory.

Independent-expenditure-only status (FEC type O, where flagged) means this committee is classified as a Super PAC: it reports independent expenditures and is not a candidate's authorized campaign committee. LobbyVault does not treat the committee name as a statement of purpose. The filings are the record.

How to read this Super PAC without inventing a story

Start with three numbers: $175,443,565.90 in, $15,114,228.71 out, $124,046,385.14 tagged as individual contributions. Then open the committee page for C00571703 and the Super PAC tracker for peer context. Do not infer coordination, motive, or electoral effect from the aggregates on this page. FEC Form 3X totals tell you what the committee reported. They do not tell you what voters should do.

Why receipts and disbursements diverge this far

SLF PAC's $175,443,565.90 receipt line and $15,114,228.71 disbursement line are not a contradiction in FEC reporting. Form 3X aggregates stack reporting periods. A committee can take in money in periods this roll-up includes and spend in periods that show up more faintly in the same two totals. The 8.6% ratio is a comparison of those two lines for C00571703, not a claim that the rest is idle cash.

Readers who treat the arithmetic difference as cash on hand are inventing a balance-sheet line this packet does not have. Loans, refunds, and beginning cash would be required to complete that picture. They are not here. Independent-expenditure-only status means these filings are committee Form 3X, not a candidate's Form 3.

Caleb Crosby as treasurer and Washington, D.C., as the address of record are identity fields. They do not locate the $15,114,228.71 on a map of vendors. If a news story attributes a specific ad to SLF PAC, the supporting document is an FEC independent-expenditure filing, not the $175.4 million receipt total.

Keep $175,443,565.90 on the Super PAC side of any ledger. The committee page for C00571703 holds the overlay tables. The Super PAC tracker and PAC directory are the other packet links. Public records describe what SLF PAC reported. They do not describe what any voter should do.

Questions

How much has SLF PAC raised according to FEC filings?

LobbyVault's Form 3X aggregates show SLF PAC with $175,443,565.90 in total receipts and $15,114,228.71 in total disbursements. Individual contributions are $124,046,385.14. The committee ID is C00571703. These are FEC-reported totals, not an independent audit of bank balances.

Is SLF PAC a Super PAC?

Yes. The packet flags SLF PAC as an independent-expenditure-only Super PAC. That classification comes from FEC committee type, not from the committee's marketing name. Super PAC status means the filings cover independent expenditures and related receipts, not a candidate's official campaign account.

Who is the treasurer of SLF PAC?

The treasurer of record is Caleb Crosby. The committee's city and state of record are Washington, D.C. Treasurer names on FEC filings identify the person listed on the statement of organization and subsequent reports; they are not a comment on the treasurer's other affiliations.

Does a large receipt total mean SLF PAC spent $175 million on ads?

No. Receipts of $175,443,565.90 and disbursements of $15,114,228.71 are different lines. This packet does not split disbursements into advertising, payroll, or transfers. Independent-expenditure detail, if filed, belongs on the committee's FEC schedules, not in this summary.