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Hybrid PAC (with Non-Contribution Account) - Nonqualified

Article One PAC

FEC committee C00931774. Last filed October 16, 2026.

Data pulled from the FEC on October 20, 2026.

FEC C00931774Last filed 2026-10-16Totals through 2026-08-31

The short version

  • Raised $4.9M and spent $3.2M in the 2026 cycle, through August 31, 2026.
  • Biggest target: $1.2M supporting Stefany Shaheen.
  • $1.8M in general election independent expenditures reported in 24 and 48 hour notices.
  • Largest donor on record: Article One Action Fund (Organization), $2.6M.

What it is

Article One PAC is registered with the FEC as a hybrid PAC, connected to Article One Victory. In 2026 it has reported $4.9M in independent expenditures across 8 races, 100% of it helping Democrats.

Pattern
  • Article One PAC ← $2.6M from Article One Action Fund (54% of its reported receipts) No donor disclosure
The Mechanism

A hybrid PAC keeps two bank accounts: one that gives directly to candidates under contribution limits, and one that spends independently with unlimited money, like a super PAC.

Issues it says it stands for

No record found. The FEC does not record issues. The candidates it supports and opposes are listed below.

Registration

TypeHybrid PAC (with Non-Contribution Account) - Nonqualified
Connected organizationArticle One Victory
TreasurerSteele, Rory
Registered inDC
First filed with the FECDecember 23, 2025
$4.9MRaised, 2026 cycle
$3.2MSpent, 2026 cycle
$1.6MCash on hand
$3.0MIndependent expenditures

Who it supports and opposes

Independent expenditures from its 24 and 48 hour notices, 2026 cycle.

PositionCandidateRaceGeneralPrimary or other
SupportStefany Shaheen DNH-01 House$0$1.2M
SupportMike Thompson DCA-04 House$500K$499K
OpposeMike Lipetri RNY-03 House$873K$0
SupportValerie Foushee DNC-04 House$0$600K
SupportVicente Gonzalez DTX-34 House$432K$0
SupportTahesha Way DNJ-11 House$0$350K
SupportRebecca Bennett DNJ-07 House$0$254K
SupportBen Mcadams DUT-01 House$0$196K

Direct contributions to candidates

RecipientGivenChecks
Rising Tide Interactive, LLC$134K5
Upswing Research & Strategy LLC$91K3
Premier Political Compliance$13K3
Wave Break Digital LLC$8K1
Everyaction, Inc.$5K9
Elias Law Group Llp$4K1
Mission Control, Inc.$1K1
Amalgamated Bank$1K5
The Strategy Group$02
The Dover Group$04

Largest itemized contributions processed by the FEC, 2026 cycle.

Who funds it

Donor mix

100%of its money came from its 10 largest named donors
0%came from small donors giving $200 or less
SourceAmountShare
Other receipts (companies, nonprofits, a hybrid PAC's unlimited account)$4.9M100%
Total raised$4.9M100%

FEC committee totals, 2026 cycle, through August 31, 2026. The 10 largest donors include recent electronic filings, so their share can run ahead of these totals.

100% from 10 donors

Largest named donors

DonorTypeGivenChecks
Article One Action FundOrganization No donor disclosure$2.6M5
Opportunity Forward AllianceOrganization No donor disclosure$750K3
Guzman FoundationOrganization No donor disclosure$550K2
Servant-Leader Fund Inc. FECPAC$500K3
Guzman FoundationOrganization No donor disclosure Recent filing$500K1
Glen Tullman TranscarentIndividual$175K2
Jb Pritzker State of IllinoisIndividual$100K1
Amos B Hostetter N/aIndividual$100K1
K Squared Media, LLCOrganization No donor disclosure$30K1
Laurence Tosi Westcap GroupIndividual$25K1

Built from the 100 largest itemized receipts processed by the FEC through August 27, 2026, plus the largest receipts in reports filed electronically through September 25, 2026 (marked "Recent filing").

The Gap

Donors marked "No donor disclosure" are companies, LLCs or nonprofits. Unless they are themselves political committees, they do not have to report where their money came from. The disclosed trail ends there.

Primary Sources

  1. FEC committee page: fec.gov/data/committee/C00931774
  2. FEC filings: all reports filed by Article One PAC
  3. Independent expenditures: fec.gov
  4. Receipts: fec.gov
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