General Treasurer Seth Magaziner has won the first quarter campaign finance sweepstakes, but other potential gubernatorial candidates are not far behind, according to reports the candidates filed today (Friday, April 30) with the state Board of Elections for first quarter campaign fundraising and expenses.

Magaziner raised $286,460 from individuals and $12,750 from Political Action Committees, slightly ahead of Gov. Dan McKee, whose elevation to governor also resulted in a strong fundraising effort in the first quarter of 2021. McKee served as lieutenant governor before Gov. Raimondo joined the Biden Administration. If not elevated to governor, McKee (as lieutenant governor) would have been term limited at the end of 2022 along with a handful of powerful state officeholders, plus the mayor of Providence.

Besides McKee and Magaziner, Secretary of State Nellie Gorbea and Providence Mayor Jorge Elorza are seen as likely Democratic primary election candidates for governor next year. Here’s a glimpse at the potential candidates’ first quarter fundraising efforts.

  • General Treasurer Magaziner’s campaign fund balance grew to nearly $1.3 million thanks to $286,460 in contributions from individuals and $12,750 from Political Action Committees representing several labor unions, businesses, and law firms.
  • Gov. McKee’s fundraising had significantly trailed the other potential candidates before his elevation to governor. But that changed significantly in the first quarter, with the governor raising $281,995 from individuals and $3,125 from Political Action Committees, leaving the governor with a campaign fund balance of $451,367. He had ended 2020 with a fund balance of $171,400. McKee has said he plans to run for reelection in 2022.
  • Secretary of State Gorbea raised $150,002 from individuals and $8,850 from Political Action Committees during the first quarter, bringing her fund balance to $546,539. Her PAC contributions were mainly from a variety of labor unions.
  • Providence Mayor Jorge Elorza raised $86,218 from individuals and $1,350 from Political Action Committees during the first quarter, bringing his fund balance to $955,313.

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Frank Prosnitz

Frank Prosnitz brings to WhatsUpNewp several years in journalism, including 10 as editor of the Providence (RI) Business News and 14 years as a reporter and bureau manager at the Providence (RI) Journal. Prosnitz began his journalism career as a sportswriter at the Asbury Park (NJ) Press, moving to The News Tribune (Woodbridge, NJ), before joining the Providence Journal. Prosnitz hosts the Morning Show on WLBQ radio (Westerly), 7 a.m. to 9 a.m. Monday through Friday, and It’s Your Business, also on WBLQ, Monday and Tuesday, 9 a.m. to 10 a.m.

Prosnitz has twice won Best in Business Awards from the national Society of American Business Editors and Writers (SABEW), twice was named Media Advocate of the Year by the Small Business Administration, won an investigative reporter’s award from the New England Press Association, and newswriting award from the Rhode Island Press Association.