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El Paso County commissioners possibly cleared of campaign finance violations, nonprofit faces investigation

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El Paso County commissioners possibly cleared of campaign finance violations, nonprofit faces investigation

El Paso County Commissioners Cami Bremer and Holly Williams could also be within the clear in a marketing campaign finance violations case, however the nonprofit that donated to them is going through better scrutiny. 

In two separate motions made June 10, the Colorado Secretary of State’s Workplace requested Deputy Secretary of State Christopher Beall to dismiss complaints alleging Bremer and Williams violated marketing campaign finance legislation by accepting donations from a nonprofit.

The workplace mentioned it discovered Bremer and Williams, who’re each operating for reelection this 12 months as El Paso County commissioners, cured the violations and “considerably complied with their authorized obligations beneath Colorado marketing campaign and political finance legal guidelines.”

Civic nonprofit Colorado Springs Ahead donated $5,000 to every of the commissioners in September. The donation was prohibited beneath state legislation, the Secretary of State’s Workplace mentioned in letters to each candidates. The checks have been additionally over the $2,500 marketing campaign donation restrict a candidate might obtain beneath state legislation.

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Earlier Gazette reporting revealed the nonprofit had a associated political motion committee, referred to as Colorado Springs Ahead State Political Funding Committee, that would have legally donated to the campaigns.

Katie Kennedy, the committee’s registered agent, informed Secretary of State officers in a letter the political motion committee may have legally donated to the campaigns and certain brought about confusion concerning the sources of the contributions to the candidates’ campaigns.

Former El Paso County Republican Get together treasurer John Pitchford filed an preliminary criticism over the donations in February targeted on the committee he thought was the donor primarily based on marketing campaign finance data, The Gazette beforehand reported. He later filed complaints towards the commissioners for accepting the prohibited donations from a nonprofit, amongst different violations, when further data got here to gentle by the secretary of state’s investigation.

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The Secretary of State’s Workplace mentioned it really useful dismissal of the complaints as a result of each candidates adequately cured the alleged violations once they submitted documentation together with copies of checks they acquired from the nonprofit and checks they each wrote to refund the cash, screenshots of checking account data and financial institution entries for cease cost requests together with displaying they each amended their marketing campaign finance studies initially filed Nov. 1 to precisely replicate the donations and refunds.

In Bremer’s case, the Secretary of State’s Workplace additionally mentioned it discovered “inadequate proof” to assist a further allegation that Bremer requested the political motion committee “destroy monetary data.” 


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Bremer informed state officers in an e-mail she initially wrote a test on Oct. 26 to refund $2,500 of the prohibited $5,000 contribution however mailed it to the deal with registered to the political motion committee, which she believed made the donation. Later, she mentioned, when Colorado Springs Ahead notified her the unique test she acquired was not written from the proper account and the complete quantity ought to be returned, she realized the primary refund test she wrote for $2,500 had not been cashed.

“I requested that if that test was situated by (Colorado Springs Ahead) that or not it’s destroyed,” Bremer informed state officers. 

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She additionally positioned a cease cost request for the test along with her financial institution, a replica of which she offered to the Secretary of State’s Workplace.

She then wrote one other test on Feb. 28 for the total refund of $5,000, she mentioned, which the nonprofit cashed. 

Pitchford mentioned he thought the state’s investigations into the complaints have been “half-hearted at greatest.”

“I perceive the place the Secretary of State’s Workplace is in,” he mentioned. “They aren’t a legislation enforcement company. However they acknowledge (each candidates) didn’t adjust to (marketing campaign finance) reporting legislation.”

Bremer and Williams each informed The Gazette the advice to dismiss the complaints was the fitting conclusion as a result of they rectified the violations shortly.

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“They noticed that I went above and past to be clear and I feel the (request to dismiss) is a mirrored image of that,” Bremer mentioned.


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The deputy secretary of state has till July 15 to resolve whether or not to dismiss the complaints towards Bremer and Williams.

Concurrently, the state Elections Division has initiated an investigation of the nonprofit Colorado Springs Ahead, alleging it made prohibited marketing campaign donations to Bremer and Williams.

Colorado legislation prohibits firms from contributing to candidates or political events.

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The Secretary of State’s Workplace has given the nonprofit till Tuesday to treatment the violations.

Reached by cellphone Thursday afternoon, Kennedy mentioned she shouldn’t be approved to talk on the matter. Cellphone calls made to board members listed on the nonprofit Colorado Springs Ahead web site weren’t instantly returned.

Data on its web site states Colorado Springs Ahead included in April 2014 as a nonprofit group made up of people and organizations primarily specializing in “reaching important development within the native financial system.”

In previous years it has supported initiatives like Colorado Springs’ 2015 voter-approved 2C gross sales tax, Colorado Springs Mayor John Suthers’ 2015 marketing campaign for mayor, and campaigns of two El Paso County commissioners who efficiently ran for workplace in 2016.

Marketing campaign finance data obtainable from the Secretary of State’s Workplace as of Nov. 1 present the political motion committee didn’t report contributions it might have acquired so as to make the prohibited donations to Bremer’s and Williams’ campaigns as a result of it solely had a steadiness of $850 readily available.

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Marketing campaign finance data as of June 7 present the identical.

The Colorado Springs Ahead political motion committee final reported contributions and expenditures greater than six years in the past, on June 7, 2016. Data present the group reported it had $3,850 readily available and made $3,000 in contributions — three separate $1,000 donations to 3 political campaigns between March 22, 2016 and Might 26, 2016.

Finance

Financial empowerment trainings and workshops

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Financial empowerment trainings and workshops

BANGOR, Maine (PENQUIS) – As the new year begins many people have dreams of starting their own business or are thinking about turning a passion or hobby into a way to make money, but they are not sure how to start the process. Thankfully, there is a local resource available to help provide guidance right here in Penobscot, Piscataquis and Knox counties.

MaineStream Finance, a subsidiary of Penquis, is a nonprofit community development financial institution (CDFI) certified by the US Treasury, helping ALL Maine home-buyers, business owners, and consumers secure advice and financing to grow and thrive. MaineStream Finance offers a wide variety of workshops and classes on business, home buying, and financial empowerment for you and your co-workers. They deliver these services throughlending, savings products, classes, and one on one advisory support. MaineStream works closely with federal and state agencies, foundations, and local financial institutions, including banks, to help them meet Community Reinvestment Act (CRA) goals through financial education programs, loan capital, and volunteering opportunities for homeowners and small businesses.

Thinking of starting a business? Check out the Business 101 classes. These free workshops will provide an overview of the pros and cons of operating a microenterprise or small business. What a business plan is and why it is needed, plus resources for your business development. Topics include being an Entrepreneur, Business Success; Professionalism; Business Plans, Networking; Business Loans; Resources; Budgets; Credit; and Review of Upcoming Classes and Workshops. These workshops are FREE and offered via Zoom. The dates of the classes are: Monday, 1/27/25 & 2/3/25 @ 6 pm via Zoom; Tuesday, 2/18/25 & 2/25/25 @ 6 pm via Zoom, and Monday, 3/17/25 & 3/24/25 @ 6 pm via Zoom.

Are you interested in turning your passion or hobby into a business? Do you have a passion for creating or is your hobby sellable? Be sure to check out their free two-night Hobby workshop, where you will discuss what to think about before creating a new business. Areas that will be discussed: Questions to ask myself; Is there a market for my products and/or services; Business Plan; Recordkeeping; Regulations; Taxes; Marketing; Funding sources and more. The two-night workshop is FREE! The first two classes are on Monday, 1/27/25 & 2/3/25 @ 6 pm via Zoom, the next two nights run on Tuesday, 2/18/25 & 2/25/25 @ 6 pm via Zoom, and the final two classes run Monday, 3/17/25 & 3/24/25 @ 6 pm via Zoom.

To register for any of these classes or for more information to sign up visit: www.mainestreamfinance.org

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MaineStream Finance can also help turn childcare into a business and they provide business lending too. Does children’s laughter sound like music to your ears? The number of working parents–including single-parent families and families with both parents employed–is climbing, creating an ever-growing need for quality childcare. That need creates a tremendous entrepreneurial opportunity for people who love children and want to build a business caring for them. Child-care services range from small home-based operations to large commercial centers and can be started with an investment of as little as a few hundred dollars. You can stay very small, essentially just creating a job for yourself, and possibly others. Our team of business advisors can help you create a business plan, design, develop, provide assistance with the Child Care Provider Licensing process and more. Our business advising services are free.

Are you aware that Mainstream Finance does business loans? MaineStream Finance offers a variety of loan products throughout Maine to small businesses that may have trouble finding credit.

Amount: Minimum $500 – Up to $200,000 / Term: Up to 20 years.

Whether you are a startup or an existing business we can do financing to help you move your project forward. MaineStream Finance does what is called “Gap financing” so the difference between the amount of your down payment you have and what another lender has and can lend. This Gap amount could stop your project, we may be able to help finance that Gap to complete the project. We are also looking at startup businesses in need of financing to purchase equipment, inventory, training, a building, or an existing business. The team at Mainstream Finance will help a business develop a business plan and business financials as well as help you prepare the loan documents that you will need to apply for a loan and all of this is at no charge. The MaineStream Finance mission is to help small businesses grow in Maine.

To learn more about what MaineStream Finance has to offer go to their webpage at mainestreamfinance.org, or call 207-973-3500 or email the team at MSFInfo@penquis.org for more information.

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Security Bank, JuanHand tie up for financial inclusion in Philippines

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Security Bank, JuanHand tie up for financial inclusion in Philippines

Filipino lender Security Bank has signed a credit facility agreement with WeFund Lending, the operator of fintech cash lending app JuanHand in Philippines.  

This partnership aims to bolster financial inclusion by providing Filipinos with accessible financial solutions. 

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JuanHand app users can now apply for loans by providing basic personal information and one valid ID.  

Utilising Finvolution group’s proprietary AI technology, borrowers are said to get loan approvals in under five minutes, without collateral or the need to upload proof of income or a billing address. 

The signing event was attended by Security Bank executive vice president John Cary L. Ong and assistant vice president and relationship manager Earvin Lucido.  

Finvolution and WeFund Lending were represented by chief financial officer Alexis Xu and CEO Francisco “Coco” Mauricio. 

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Cary L. Ong said: “We are grateful for the opportunity to be part of the JuanHand family. We resonate with JuanHand’s vision of one family with one heart that gives Filipinos a helping hand with their financial needs.”  

JuanHand, operated by WeFund Lending, has disbursed over PHP 40bn in loans and boasts over 12 million registered users.  

“Coco” Mauricio stated:  “We are thrilled that Security Bank chose JuanHand as their first fintech lending company partner. By giving us their trust and confidence, this truly exemplifies Security Bank’s commitment to rapidly expand financial inclusion for all underserved Pinoys. Security Bank’s support helps fulfil our mission of being a helping hand for every Juan.”  

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In November 2024, Security Bank signed an agreement to acquire a 25% stake in HC Consumer Finance Philippines, also known as Home Credit Philippines.

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Where to put your money in 2025

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Where to put your money in 2025

The most frustrating answer in financial services is ‘it depends’, so if you’re keen to find out where to put your money in 2025, you’re not going to like the answer – because it really does depend.

Fortunately, that’s not the start and end of the answer, because once you know what it depends on, it’s actually much more useful advice than someone simply giving you the name of a fund or telling you to keep your cash in a shoebox under the bed.

Read more: 7 post-budget steps to protect your finances

When people ask about the best home for their money, they’re usually thinking about external factors, but the key is to start with your own needs. Think about your finances in the round. Are your short-term debts under control? Do you have protection in place for your family?

Do you have enough saved for emergencies? Are you on track with your pension? And are you investing to make the most of your money? There’s a decent chance that you’re falling short in one or more areas, so these are your key priorities for the year.

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It’s important to think about your finances in the round. Are things like credit card debts under control? · boonchai wedmakawand via Getty Images

If short-term debt, like credit cards and loans, are an issue, it makes sense to set up a direct debit to pay down the most expensive of them first. Over time, you’ll spend less on interest, so you can free up more money for your other financial goals. If protection is a priority, you need to consider how to free up cash for insurance premiums to cover those who rely on you.

For emergency savings, the first step is working out how much you ought to have. This is another frustrating ‘it depends’ answer. While you’re working age, you should have enough cash to cover 3-6 months’ worth of essential spending – and in retirement that grows to 1-3 years. It means considering the cost of your essentials, and then looking at your circumstances to figure out where on the saving spectrum you need to be. The answers will be radically different for every household, but as a very rough starting point, the Hl Savings & Resilience Barometer shows that the median spent on essentials is £1,842 a month.

Read more: 6 red flags that will help you spot a scam

For any other cash you’ll need over the next five years, savings is still the most sensible home for it, but you can consider tying it up for periods in a fixed rate account, in order to lock in a decent rate. You need to decide what the money is for, when you’ll need it, and how long you can fix it for.

British pound notes in savings jar
For emergency savings, you should have enough cash to cover 3-6 months’ worth of essential spending – and in retirement that grows to 1-3 years · Peter Dazeley via Getty Images

You also need to look ahead, and consider your pension. The best approach is to start with a pension calculator, where you put in details of what you’ve saved so far, what you’re putting aside each month, and when you want to retire. It will show you what you’re on track for, and whether you need to do more.

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