Running for Office in Nevada: First Steps
Written by Gabriel di Chiara
Important things to know as a potential candidate in Nevada
Connect to your local democrats
Determine when you need to file additional financial disclosures
Understand the endorsement process
Develop a financial record-keeping system
Apply for an employer identification number (EIN)
Submit financial disclosures to the IRS if you’re a candidate for federal office
IMPORTANT THINGS TO KNOW AS A POTENTIAL CANDIDATE IN NEVADA
2. LEARN THE TERM
The Candidate Guide, available above, has complete definitions for terms such as ‘candidate’, ‘expenditure’, ‘in-kind contribution’, etc. Nevada requires a lot of paperwork, and you should know which information you need to be tracking from the start.
3. ASSEMBLE YOUR TEAM
Though Nevada requires no officers for political campaigns, you should still find smart, trustworthy people to work with. The integral team member who you should hire as early as possible is your campaign manager, who will be in charge of the day-to-day nuts-and-bolts operations of the campaign. There is plenty of literature available regarding campaign staffing structures, and you should use Run For Something as an asset if you have specific questions.
4. FILE YOUR CAMPAIGN STATEMENT WITH THE RELEVANT ENTITY
Once it’s time to file for your candidacy, complete the appropriate form and submit it to the relevant entity (SoS, County Clerk, etc). You can begin fundraising even before you file, but keep in mind that as soon as you accept contributions you must immediately begin filing Contribution & Expenditure reports.
5. OPEN A CAMPAIGN BANK ACCOUNT
As soon as you begin receiving donations, you or your treasurer must open a bank account for your campaign committee.This bank account will hold all campaign contributions received and will cover all campaign expenditures. From the SoS: “Every candidate shall open and maintain a separate account in a financial institution for the deposit of any contributions, within one week of receiving a minimum contribution of $100. The candidate shall not commingle the money in the account with money collected for other purposes. (NRS 294A.130) Candidates for judicial office should be aware that the Revised Nevada Supreme Court Rules also address this issue.
[Note: It may be necessary to bring your campaign’s tax ID number with you when you open your bank account -- see Step 9]
6. CONNECT TO YOUR LOCAL DEMOCRATS
The importance of being a known quantity to your local Democratic constituency and infrastructure cannot be overstated. Local Democratic voters and groups, whose votes you’ll ultimately need in your primary (if you have one) and general elections, will be far more likely to go to bat for you and provide support if you make a concerted, clear effort to connect with them and learn what local issues they believe are important. Make a list of your local Democratic groups, both entities chartered by the Party and independent local clubs, and reach out to them as early as possible.
NV Democratic Party: http://nvdems.com
NV Dem County Committees: http://nvdems.com/party/counties
NV Democratic Clubs: http://thebluenevadan.com/clubs-and-caucuses.html
7. DETERMINE WHEN YOU NEED TO FILE ADDITIONAL FINANCIAL DISCLOSURES
Keep track of C&E report filing deadlines in the Nevada Candidate’s Guide, and make sure you’re tracking your finances closely. Additionally, after you officially file your candidacy you will be required to fill out a financial disclosure statement. Nevada’s SoS has an online system that makes filing these reports relatively easy.
9. DEVELOP A FINANCIAL RECORD-KEEPING SYSTEM
Though Nevada has no specific requirements of how you keep your records, so long as they are kept, the system you establish must be foolproof. This financial disclosure guide provided by the legislature illustrates how specific you must be. Accurately tracking gifts (especially from lobbyists), contributions (cash or in-kind), and expenses is vital for a successful candidacy.
10. APPLY FOR AN EMPLOYER IDENTIFICATION NUMBER (EIN)
An EIN, also known as a federal tax identification number, formally identifies a corporation, partnership, political committee, and other entities for tax filing and reporting purposes. An EIN is needed to open a bank account. Submit an electronic application to the Internal Revenue Service (IRS). Make sure to select “Political Organization” when asked for the type of organization. Consult this guide from Minnesota’s Campaign Finance and Public Disclosure Board for more information.
11. SUBMIT FINANCIAL DISCLOSURES TO THE IRS IF YOU’RE A CANDIDATE FOR FEDERAL OFFICE
Candidates for federal office (e.g., U.S. Representative or Senator) must file personal financial disclosure reports to the IRS within 30 days after they formally become a candidate or by May 15 of the same calendar year, whichever is later. Federal regulations state that an individual becomes a candidate for federal office when he or she (or a person authorized to do so) receives political contributions or makes expenses in excess of an aggregate amount of $5,000. See 11 C.F.R. § 100.3(a)(2).
12. REGISTER WITH ActBlue
An ActBlue account allows you to solicit and process online credit and debit card contributions from donors. ActBlue charges a 3.95% transaction fee for each contribution; this is generally an industry standard
Running for school board? If so, consult and familiarize yourself with the following guide from the Nevada Association of School Boards:
http://www.nvasb.org/assets/what_does_the_school_board_do.pdf
13. HIT THE GROUND RUNNING
Running a political campaign can be an exceedingly time-consuming slog, no matter how many hands you have helping you along the way, so make sure that you always keep in mind why you’re running in the first place and what things you’d be able to do for your community if you won. Make sure to keep abreast of all early candidacy responsibilities and requirements!
Being a political candidate can be stressful, so don’t shy away from asking questions or seeking advice when you need to. If you have questions…
The following are the financial disclosure guidelines for Nevada, provided by the FEC.
Page of 7 www.runforsomething.net August 5th, 2017