REGER RESEARCH

$1.56M 2025-2026 cycle

REGER RESEARCH is a strategy & research vendor. In the 2025-2026 cycle REGER RESEARCH was paid $1.56M across 24 client committees, of which $71K flowed through Independent Expenditures rather than direct committee payments.

Strategy & Research ○ Slowing (~2mo since last)

Part I Identity

Stable facts about this entity. These figures do not change as you adjust the timeframe in Part II.

Source split

$1.56M = $1.49M (Schedule B) + $71K (Independent Expenditures)
Schedule B
direct committee payments
$1,485,411 125 rows 95.4%
Independent Expenditures
money this entity spent supporting candidates, NOT a committee paying them
$71,145 69 rows 4.6%
Activity span ALL TIME
Feb 6, 2018 → Aug 13, 2026
spans 8.5 years
Disbursements ALL TIME
125
Schedule B + IE rows
Client committees ALL TIME
24
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.

Sep 2025 Aug 2026
$310K across 12 months
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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 1

LCV VICTORY FUND $16K — · 1 txn RR REGER RESEARCH
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
LCV VICTORY FUND
C00486845
$15,625 1
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 6 months · top 5

AMERICAN FUTURE $125K — · 3 txns MAHAN FOR GOVERNOR 2026 $38K — · 1 txn LCV VICTORY FUND $22K — · 3 txns THANEDAR, SHRI $20K — · 1 txn OUR VIRGINIA $10K — · 1 txn RR REGER RESEARCH
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
AMERICAN FUTURE
C00926204
$125,088 3
MAHAN FOR GOVERNOR 2026
1486858
$37,500 1
LCV VICTORY FUND
C00486845
$21,875 3
THANEDAR, SHRI
MI · House DEM
$20,032 1
OUR VIRGINIA
C00934851
$10,000 1
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 12 months · top 7

AMERICAN FUTURE $125K — · 3 txns PEARSON, JUSTIN J. $62K — · 2 txns MAHAN FOR GOVERNOR 2026 $38K — · 1 txn LCV VICTORY FUND $28K — · 4 txns THANEDAR, SHRI $20K — · 1 txn FAIRSHAKE $15K Strategy & Research · 1 txn OUR VIRGINIA $10K — · 1 txn RR REGER RESEARCH
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
AMERICAN FUTURE
C00926204
$125,088 3
PEARSON, JUSTIN J.
TN · House DEM
$62,306 2
MAHAN FOR GOVERNOR 2026
1486858
$37,500 1
LCV VICTORY FUND
C00486845
$28,125 4
THANEDAR, SHRI
MI · House DEM
$20,032 1
FAIRSHAKE
C00835959
$15,000 1
OUR VIRGINIA
C00934851
$10,000 1
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 18 months · top 8

AMERICAN FUTURE $125K — · 3 txns FAIRSHAKE $85K Strategy & Research · 3 txns PEARSON, JUSTIN J. $62K — · 2 txns MAHAN FOR GOVERNOR 2026 $38K — · 1 txn LCV VICTORY FUND $28K — · 4 txns THANEDAR, SHRI $20K — · 1 txn OUR VIRGINIA $10K — · 1 txn SULLIVAN, JOHN $10K Strategy & Research · 2 txns RR REGER RESEARCH
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
AMERICAN FUTURE
C00926204
$125,088 3
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
$28,125 4
THANEDAR, SHRI
MI · House DEM
$20,032 1
OUR VIRGINIA
C00934851
$10,000 1
SULLIVAN, JOHN
NY · House DEM
$10,000 2
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 24 months · top 8

AMERICAN FUTURE $125K — · 3 txns FAIRSHAKE $85K Strategy & Research · 3 txns LCV VICTORY FUND $72K Strategy & Research · 7 txns PEARSON, JUSTIN J. $62K — · 2 txns MAHAN FOR GOVERNOR 2026 $38K — · 1 txn THANEDAR, SHRI $20K — · 1 txn OUR VIRGINIA $10K — · 1 txn SULLIVAN, JOHN $10K Strategy & Research · 2 txns RR REGER RESEARCH
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
AMERICAN FUTURE
C00926204
$125,088 3
FAIRSHAKE
C00835959
$84,875 3
LCV VICTORY FUND
C00486845
$71,875 7
PEARSON, JUSTIN J.
TN · House DEM
$62,306 2
MAHAN FOR GOVERNOR 2026
1486858
$37,500 1
THANEDAR, SHRI
MI · House DEM
$20,032 1
OUR VIRGINIA
C00934851
$10,000 1
SULLIVAN, JOHN
NY · House DEM
$10,000 2

By party

Revenue by party

100% D
D · 100%
R · 0%
PartyAmount%
Democratic $1,011,838 65.00%
Republican $0 0.00%
Non-partisan $544,718 35.00%

Part III Reference tables

Full all-time and cycle-to-date data.

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Cycle-over-cycle trajectory

201820192020202120222023202420252026 Q1 2018 (2018 cycle): $5KQ2 2018 (2018 cycle): $5KQ3 2018 (2018 cycle): $10KQ3 2019 (2020 cycle): $52KQ4 2019 (2020 cycle): $104KQ1 2020 (2020 cycle): $64KQ2 2020 (2020 cycle): $122KQ3 2020 (2020 cycle): $69KQ4 2020 (2020 cycle): $38KQ1 2021 (2022 cycle): $15KQ1 2022 (2022 cycle): $13KQ2 2022 (2022 cycle): $39KQ3 2022 (2022 cycle): $100KQ4 2022 (2022 cycle): $101KQ3 2023 (2024 cycle): $9KQ4 2023 (2024 cycle): $9KQ1 2024 (2024 cycle): $150KQ2 2024 (2024 cycle): $127KQ3 2024 (2024 cycle): $33KQ4 2024 (2024 cycle): $44KQ2 2025 (2026 cycle): $60KQ3 2025 (2026 cycle): $20KQ4 2025 (2026 cycle): $15KQ1 2026 (2026 cycle): $62KQ2 2026 (2026 cycle): $205KQ3 2026 (2026 cycle): $16K Q1Q3Q4Q2Q4Q1Q3Q3Q1Q3Q2Q4Q2Q3 $205K

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 DAN WARD FOR CONGRESS 100% Strategy & Research 100% $5K —
2018 Q2 2018 $5K 1 DAN WARD FOR CONGRESS 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 SEAN MELOY FOR CONGRESS 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 KENDRA HORN FOR SENATE 33% Strategy & Research 100% $166K +44%
2022 Q4 2022 $101K 8 KENDRA HORN FOR SENATE 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 $205K 9 AMERICAN FUTURE 61% — $362K +61%
2026 Q3 2026 $16K 1 LCV VICTORY FUND 100% — $378K -52%
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Revenue by service category

No category revenue in this window.

No category revenue in this window.

No category revenue in this window.

Revenue by service category

last 12 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $1.19M across 113 disbursements (avg $10K/check) Top buyer: LCV VICTORY FUND (19% of category) Last paid: 11mo ago · +220% vs prior cycle Strategy & Research $15K

Revenue by service category

last 18 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $1.19M across 113 disbursements (avg $10K/check) Top buyer: LCV VICTORY FUND (19% of category) Last paid: 11mo ago · +220% vs prior cycle Strategy & Research $95K

Revenue by service category

last 24 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $1.19M across 113 disbursements (avg $10K/check) Top buyer: LCV VICTORY FUND (19% of category) Last paid: 11mo ago · +220% vs prior cycle Strategy & Research $139K
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% 11mo ago
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Client retention

Sticky-relationship signal: how many clients keep coming back across cycles vs one-time buyers.

1
Anchor clients 3+ cycles
$273,958 · 18% of revenue
2
Repeat clients 2 cycles
$285,898 · 19% of revenue
21
One-time clients 1 cycle
$925,555 · 62% of revenue
Top 1 anchor clients · all-time
Client Cycles All-time spend Txns First paid Last paid
LCV VICTORY FUND 4 $273,958 33 2020-05-08 2026-08-13
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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
$712,375 48.3% 8
MN
$209,875 14.2% 1
TX
$155,422 10.5% 2
PA
$90,768 6.2% 3
NJ
$65,357 4.4% 1
OK
$65,094 4.4% 1
TN
$62,306 4.2% 1
CA
$37,500 2.5% 1
VA
$31,683 2.1% 2
MI
$20,032 1.4% 1
MD
$15,000 1.0% 1
NY
$10,000 0.7% 1
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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 2026-04-21 AMERICAN FUTURE — RESEARCH SERVICES $60,008
Largest all-time 2025-05-05 FAIRSHAKE Strategy & Research RESEARCH $60,000
Largest all-time 2026-05-05 AMERICAN FUTURE — RESEARCH SERVICES $52,580
Largest all-time 2019-07-30 WIN THE ERA PAC Strategy & Research RESEARCH $52,380
Largest this cycle 2026-04-27 MAHAN FOR GOVERNOR 2026 — — $37,500
Largest this cycle 2026-03-12 PEARSON, JUSTIN J. — RESEARCH $32,306
Recent 2026-05-08 THANEDAR, SHRI — RESEARCH SERVICES $20,032
Recent 2026-08-13 LCV VICTORY FUND — RESEARCH SERVICES $15,625
Recent 2026-06-16 AMERICAN FUTURE — RESEARCH SERVICES $12,500
Recent 2026-05-15 LCV VICTORY FUND — RESEARCH SERVICES $3,125
2 raw FEC name variants collapsed into this canonical entity
See all 125 disbursements →