REGER RESEARCH
$1.39M
2025-2026 cycle
REGER RESEARCH is a strategy & research vendor. In the 2025-2026 cycle REGER RESEARCH was paid $1.39M across 21 client committees, of which $71K flowed through Independent Expenditures rather than direct committee payments.
Part I Identity
Stable facts about this entity. These figures do not change as you adjust the timeframe in Part II.
Source split
$1.39M
=
$1.31M
(Schedule B)
+
$71K
(Independent Expenditures)
| Schedule B direct committee payments |
$1,314,666 | 119 rows | 94.9% |
| Independent Expenditures money this entity spent supporting candidates, NOT a committee paying them |
$71,145 | 69 rows | 5.1% |
- Activity span ALL TIME
- Feb 6, 2018 → May 15, 2026
- spans 8.3 years
- Disbursements ALL TIME
- 119
- Schedule B + IE rows
- Client committees ALL TIME
- 21
- distinct payers
Part II Activity in selected window
One timeframe control governs all three panels below. Change it once and the trajectory, top buyers, and party breakdown all update together.
Spend trajectory
Monthly spend to this vendor over the last 12 months.
Jun 2025
May 2026
$147K
across 12 months
Top buyers
Two views of the same data — diagram and table share the time-window control and the same top-buyers slice. Click "View all buyers in research" to drill in with the matching date range.
No buyer activity in this window.
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 3 months · top 2
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| MAHAN FOR GOVERNOR 2026 1486858 |
$37,500 | 1 |
| LCV VICTORY FUND C00486845 |
$6,250 | 2 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 6 months · top 3
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| MAHAN FOR GOVERNOR 2026 1486858 |
$37,500 | 1 |
| PEARSON, JUSTIN J. TN · House DEM |
$32,306 | 1 |
| LCV VICTORY FUND C00486845 |
$12,500 | 3 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 12 months · top 5
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| PEARSON, JUSTIN J. TN · House DEM |
$62,306 | 2 |
| MAHAN FOR GOVERNOR 2026 1486858 |
$37,500 | 1 |
| FAIRSHAKE C00835959 |
$24,875 | 2 |
| LCV VICTORY FUND C00486845 |
$12,500 | 3 |
| SULLIVAN, JOHN NY · House DEM |
$10,000 | 2 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 18 months · top 5
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| FAIRSHAKE C00835959 |
$84,875 | 3 |
| PEARSON, JUSTIN J. TN · House DEM |
$62,306 | 2 |
| MAHAN FOR GOVERNOR 2026 1486858 |
$37,500 | 1 |
| LCV VICTORY FUND C00486845 |
$12,500 | 3 |
| SULLIVAN, JOHN NY · House DEM |
$10,000 | 2 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 24 months · top 6
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| FAIRSHAKE C00835959 |
$84,875 | 3 |
| LCV VICTORY FUND C00486845 |
$73,750 | 8 |
| PEARSON, JUSTIN J. TN · House DEM |
$62,306 | 2 |
| MAHAN FOR GOVERNOR 2026 1486858 |
$37,500 | 1 |
| OLSZEWSKI, JOHN ANTHONY JR. MD · House DEM |
$15,000 | 1 |
| SULLIVAN, JOHN NY · House DEM |
$10,000 | 2 |
By party
Revenue by party
D · 100%
R · 0%
| Party | Amount | % |
|---|---|---|
| Democratic | $817,876 | 59.02% |
| Republican | $0 | 0.00% |
| Non-partisan | $567,936 | 40.98% |
Part III Reference tables
Full all-time and cycle-to-date data.
Cycle-over-cycle trajectory
current cycle earlier election cycle off-cycle year quarterly · 9 years
Per-quarter totals
| Year | Q | Cycle | Total | Txns | Top buyer · share | Top category · share | Cum. (cycle) | YoY % |
|---|---|---|---|---|---|---|---|---|
| 2018 | Q1 | 2018 | $5K | 1 | C00648949 100% | Strategy & Research 100% | $5K | — |
| 2018 | Q2 | 2018 | $5K | 1 | C00648949 100% | Strategy & Research 100% | $10K | — |
| 2018 | Q3 | 2018 | $10K | 1 | WARREN, ELIZABETH 100% | Strategy & Research 100% | $20K | — |
| 2019 | Q3 | 2020 | $52K | 1 | WIN THE ERA PAC 100% | Strategy & Research 100% | $52K | — |
| 2019 | Q4 | 2020 | $104K | 3 | WIN THE ERA PAC 100% | Strategy & Research 100% | $157K | — |
| 2020 | Q1 | 2020 | $64K | 4 | WIN THE ERA PAC 53% | Strategy & Research 100% | $221K | +1190% |
| 2020 | Q2 | 2020 | $122K | 5 | GIDEON, SARA 33% | Strategy & Research 100% | $343K | +2507% |
| 2020 | Q3 | 2020 | $69K | 10 | LCV VICTORY FUND 56% | Strategy & Research 100% | $413K | +592% |
| 2020 | Q4 | 2020 | $38K | 4 | LCV VICTORY FUND 62% | Strategy & Research 100% | $451K | — |
| 2021 | Q1 | 2022 | $15K | 2 | LCV VICTORY FUND 100% | Strategy & Research 100% | $15K | — |
| 2022 | Q1 | 2022 | $13K | 1 | C00793612 100% | Strategy & Research 100% | $28K | -80% |
| 2022 | Q2 | 2022 | $39K | 6 | UNITED DEMOCRACY PROJECT ('… 62% | Strategy & Research 100% | $67K | -68% |
| 2022 | Q3 | 2022 | $100K | 7 | C00648915 33% | Strategy & Research 100% | $166K | +44% |
| 2022 | Q4 | 2022 | $101K | 8 | C00648915 32% | Strategy & Research 100% | $267K | +163% |
| 2023 | Q3 | 2024 | $9K | 1 | UNITED DEMOCRACY PROJECT ('… 100% | Strategy & Research 100% | $9K | — |
| 2023 | Q4 | 2024 | $9K | 1 | UNITED DEMOCRACY PROJECT ('… 100% | Strategy & Research 100% | $17K | — |
| 2024 | Q1 | 2024 | $150K | 10 | GARDEN STATE INTEGRITY 44% | Strategy & Research 100% | $167K | +1049% |
| 2024 | Q2 | 2024 | $127K | 5 | FAIRSHAKE 79% | Strategy & Research 100% | $294K | +229% |
| 2024 | Q3 | 2024 | $33K | 3 | LCV VICTORY FUND 54% | Strategy & Research 100% | $326K | -67% |
| 2024 | Q4 | 2024 | $44K | 3 | LCV VICTORY FUND 100% | Strategy & Research 100% | $370K | -57% |
| 2025 | Q2 | 2026 | $60K | 1 | FAIRSHAKE 100% | Strategy & Research 100% | $60K | — |
| 2025 | Q3 | 2026 | $20K | 3 | SULLIVAN, JOHN 50% | Strategy & Research 100% | $80K | +134% |
| 2025 | Q4 | 2026 | $15K | 1 | FAIRSHAKE 100% | Strategy & Research 100% | $95K | +76% |
| 2026 | Q1 | 2026 | $62K | 2 | PEARSON, JUSTIN J. 100% | — | $157K | -58% |
| 2026 | Q2 | 2026 | $50K | 4 | MAHAN FOR GOVERNOR 2026 75% | — | $207K | -61% |
Revenue by service category
No category revenue in this window.
No category revenue in this window.
No category revenue in this window.
Per-category breakdown · cycle-to-date
| Category | Total spend | Txns | Avg check | % of total | Top buyer · share | Last paid |
|---|---|---|---|---|---|---|
| Strategy & Research | $1,185,280 | 113 | $10K | 100.0% | LCV VICTORY FUND 19% | 9mo ago |
Client retention
Sticky-relationship signal: how many clients keep coming back across cycles vs one-time buyers.
1
Anchor clients 3+ cycles
$258,333 · 20% of revenue
2
Repeat clients 2 cycles
$285,898 · 22% of revenue
18
One-time clients 1 cycle
$770,435 · 59% of revenue
Top 1 anchor clients · all-time
| Client | Cycles | All-time spend | Txns | First paid | Last paid |
|---|---|---|---|---|---|
| LCV VICTORY FUND | 4 | $258,333 | 32 | 2020-05-08 | 2026-05-15 |
Geographic concentration
Where this vendor's clients are based — federal committees by state, plus implicit jurisdiction for CA and TX state filers.
| State | Total spend | % of revenue | Clients | |
|---|---|---|---|---|
| DC | $686,750 | 52.2% | 7 | |
| MN | $209,875 | 16.0% | 1 | |
| Unknown | $143,023 | 10.9% | 4 | |
| NJ | $65,357 | 5.0% | 1 | |
| TN | $62,306 | 4.7% | 1 | |
| CA | $37,500 | 2.9% | 1 | |
| TX | $30,334 | 2.3% | 1 | |
| PA | $22,521 | 1.7% | 1 | |
| VA | $22,000 | 1.7% | 1 | |
| MD | $15,000 | 1.1% | 1 | |
| NY | $10,000 | 0.8% | 1 | |
| MA | $10,000 | 0.8% | 1 |
Notable disbursements
5 largest all-time · 5 largest in the current cycle · 5 most recent. Each row earns its place.
| Reason | Date | Filer | Category | Purpose | Amount |
|---|---|---|---|---|---|
| Largest all-time | 2024-06-14 | FAIRSHAKE | Strategy & Research | RESEARCH | $75,000 |
| Largest all-time | 2025-05-05 | FAIRSHAKE | Strategy & Research | RESEARCH | $60,000 |
| Largest all-time | 2019-07-30 | WIN THE ERA PAC | Strategy & Research | RESEARCH | $52,380 |
| Largest all-time | 2019-12-04 | WIN THE ERA PAC | Strategy & Research | RESEARCH | $41,500 |
| Largest all-time | 2020-04-13 | GIDEON, SARA | Strategy & Research | RESEARCH CONSULTANT | $40,673 |
| Largest this cycle | 2026-04-27 | MAHAN FOR GOVERNOR 2026 | — | — | $37,500 |
| Largest this cycle | 2026-03-12 | PEARSON, JUSTIN J. | — | RESEARCH | $32,306 |
| Largest this cycle | 2026-01-14 | PEARSON, JUSTIN J. | — | RESEARCH | $30,000 |
| Largest this cycle | 2025-10-20 | FAIRSHAKE | Strategy & Research | RESEARCH | $15,000 |
| Recent | 2026-04-09 | LCV VICTORY FUND | — | RESEARCH SERVICES | $6,250 |
| Recent | 2026-04-22 | LCV VICTORY FUND | — | RESEARCH SERVICES | $3,125 |
| Recent | 2026-05-15 | LCV VICTORY FUND | — | RESEARCH SERVICES | $3,125 |