Why Has Pelosi's 'Dark Money' PAC Not Filed Funding Reports, Despite Spending Hundreds Of Millions?

By Jacob Taylor | Tuesday, 17 May 2022 05:15 AM
2
Views 3.5K
Why Has Pelosi's 'Dark Money' PAC Not Filed Funding Reports, Despite Spending Hundreds Of Millions?

A dark money nonprofit affiliated with House Majority Leader Nancy Pelosi has been delinquent in her home state of California for months and has been threatened with possible suspension or revocation, state filings show.

The negligence means that the Pelosi-affiliated group, House Majority Forward, has been inhibited from soliciting or accepting contributions in the Golden State, where many major Democratic contributors live.

While it is impossible to resolve if the nonprofit raised money in California since it fell out of compliance, the group reported having a San Francisco-based fundraiser on its payroll on its most recent tax forms.

House Majority Forward first got a notice from California's attorney general's office in June 2021, saying the group had failed to present all required documents and must do so within 60 days.

In January, the California AG office sent another letter to House Majority Forward saying it's "listed as delinquent" for dropping short of submitting the required reports.

 WATCH: THE AG'S RAN ON "GETTING" TRUMPbell_image

A delinquent nonprofit in California cannot work or accept money in the state as it remains out of compliance.

"An organization that is listed as delinquent is not in good standing and is prohibited from engaging in conduct for which registration is required, including soliciting or disbursing charitable funds," the letter says. "The organization may also be subject to penalties and its registration may be suspended or revoked by the Registry."

 WATCH: THE TIMING OF TRUMP'S TRIAL, WHY NOW?bell_image

House Majority Forward still appeared as "delinquent" on the attorney general site as of Thursday afternoon.

House Majority Forward was included in Washington, D.C., in 2019 as a companion of the Pelosi-aligned House Majority PAC, which works to keep Democrats in the House of Representatives. The two entities share staff members.

 SECURITY IN OVERDRIVE: HOME DEPOT'S UNCONVENTIONAL RESPONSE TO NEW YORK'S CRIME CRISISbell_image

The nonprofit has gathered tens of millions of dollars since its launch. Its most recent tax forms show that it had collected $29.7 million from undisclosed contributors in 2020, a $21.5 million increase over its founding year.

 WHO'S UP NEXT? BALTIMORE MAYOR NEXT TO PLAY IDENTITY POLITICS...bell_image

The tax forms also show that it had paid three fundraisers throughout 2020, including Lisa Presta in San Francisco, who raised money for the group through phone calls and in-person events, the disclosures report. It is unclear if she currently conducts work for the nonprofit.

 MASTER OF SABOTAGE: BIDEN'S IRONCLAD PROMISE TO SAFEGUARD AMERICAN STEEL THREATENED BY HIS LATEST MOVEbell_image

House Majority Forward's affiliated PAC, meanwhile, has taken in large sums from California residents for the 2022 elections.

House Majority PAC has so far received more than 13,000 donations from Californians totaling nearly $9 million, a review of its Federal Election Commission filings shows.

 MAN ARRESTED AFTER ALLEGEDLY SMASHING WINDOW TO INVADE THIS MAYOR'S HOMEbell_image

Its most significant California contributor is LinkedIn co-founder and Democratic megadonor Reid Hoffman, who provided $1.95 million to the PAC. He is among the top donors to the House Majority PAC for the midterm elections.

X