State of West Virginia Campaign Financial Statement
(Long Form) in Relation to the 2008 Election Year

Candidate or Committee Name
Marion Co. Republican Executive Committee		 Candidate or Committee's Treasurer
Philip Reed, Sr.
Political Party (for candidates)
 Treasurer's Mailing Address (Street, Route, or P.O. Box)
RR 7 Box 480 
Office Sought (for Candidates)
 District/Division
 City, State, Zip Code
Fairmont, WV 26554		 Daytime Phone #
(304)363-5205

Election Cycle Reporting Period (check one):
 X 
Primary - First Report
Due Mar 29-Apr 04, 2008
    
Pre-primary Report
Due Apr 28-May 02, 2008
    
Post-primary Report
Due May 26-May 30, 2008
    
General - First Report
Due Sep 22-Sep 26, 2008
    
Pre-general Report
Due Oct 20-Oct 24, 2008
    
Post-general Report
Due Nov 17-Nov 21, 2008

Check if Applicable:
    
 Amended Report
You must also check box of appropriate reporting period
    
 Final Report
Zero balance required.
PAC must also file Form F-6 Dissolution

Non-Election Cycle Reporting Period:
    
Annual Report 2008 Calendar Year
Due last Saturday in March or within 6 days thereafter

Report Totals

Fill in totals at the completion of the report.

RECEIPTS OF FUNDS: Totals for this Period
Contributions  $873.00
Monetary Contributions from all Fund-Raising Events +$3,020.50
Receipt of a Transfer of Excess Funds +$0.00
Total Monetary Contributions: =$3,893.50
In-Kind Contributions +$30.00
Total Contributions: =$3,923.50
 
Other Income  $12.28
Loans Received +$0.00
Total Other Income: =$12.28
 
OUTSTANDING LOANS & DEBTS:  
Unpaid Bills  $0.00
Outstanding Loans +$0.00
Total Debts: =$0.00
 
TOTAL CONTRIBUTIONS ELECTION YEAR-TO-DATE
(Add total contributions from all reports)
$3,923.50
 
CASH BALANCE SUMMARY
Beginning Balance
(ending balance from previous report)		  $1,764.28
Total Monetary Contributions +$3,893.50
Total Other Income +$12.28
Subtotal: a. =$5,670.06
 
Total Expenditures Paid  $2,704.91
Total Disbursements of Excess Funds +$0.00
Repayment of Loans +$0.00
Subtotal: b. =$2,704.91
 
Ending Balance:
(Subtotal a. - Subtotal b.)
*Cannot be negative balance		 =$2,965.15
 
TOTAL EXPENDITURES ELECTION YEAR-TO-DATE
(Add total expenditures from all reports)
$2,704.91

Contributions
$250.00 or LESS

DATECONTRIBUTOR'S FULL NAME OR COMMITTEE'S NAMEAMOUNT
5/22/2007Russ Snyder$20.00
5/22/2007Jack Meyer$5.00
5/22/2007Ruth DeVaul$10.00
5/22/2007Beryle Calvert$10.00
5/22/2007Andrew Sabak$10.00
5/22/2007Luevetta Pellegrin$3.00
5/22/2007Wayne Stutler$125.00
5/22/2007Russ Snyder$125.00
6/26/2007Greg Sabak$10.00
6/26/2007Andrew Sabak$10.00
6/26/2007Ruth DeVaul$10.00
6/26/2007Beryle Calvert$10.00
6/26/2007JoAnn Williams$5.00
6/26/2007Dorman Williams $5.00
6/26/2007Chuck Mullett$10.00
6/26/2007Bob Swearingen$5.00
7/26/2007Beryle Calvert$10.00
7/26/2007Ruth DeVaul$10.00
7/26/2007Russ Snyder$20.00
7/26/2007Greg Sabak$10.00
7/26/2007Andrew Sabak$10.00
7/26/2007Chuck Mullett$10.00
7/26/2007Wayne Stutler$10.00
7/26/2007Bob Swearingen$5.00
9/25/2007Chuck Mullett$10.00
9/25/2007Wayne Stutler$10.00
9/25/2007Beryle Calvert$10.00
9/25/2007Ruth DeVaul$10.00
9/25/2007Andrew Sabak$10.00
8/19/2007Wayne Stutler$10.00
8/19/2007Alan Parks$10.00
8/19/2007Mary Ann Poshadel$10.00
8/19/2007Evelyn Bowman$10.00
8/19/2007Bob Swearingen$5.00
8/19/2007Andrew Sabak$5.00
10/23/2007Ruth DeVaul$10.00
11/27/2007Beryle Calvert$20.00
11/27/2007Ruth DeVaul$10.00
11/27/2007Chuck Mullett$10.00
11/27/2007Greg Sabak$10.00
11/27/2007Will Drennen$5.00
11/27/2007Andrew Sabak$5.00
1/29/2008Beryle Calvert$20.00
1/29/2008Ruth DeVaul$20.00
1/29/2008Wayne Stutler$10.00
1/29/2008Alan Parks$10.00
1/29/2008Greg Sabak$10.00
1/29/2008Shirley and Pat Stanton$10.00
1/29/2008Bob Swearingen$5.00
1/29/2008Andrew Sabak$10.00
1/29/2008Will Drennen$10.00
1/29/2008Jack Meyer$5.00
2/26/2008Ruth DeVaul$20.00
2/26/2008Beryle Calvert$20.00
2/26/2008Alan Parks$10.00
2/26/2008Wayne Stutler$10.00
2/26/2008Andrew Sabak$10.00
3/25/2008Beryle Calvert$10.00
3/25/2008Ruth DeVaul$10.00
3/25/2008Gregory Sabak$10.00
3/25/2008Andrew Sabak$10.00
10/23/2007Beryle Calvert$10.00
10/23/2007Bob Swearingen$5.00
10/23/2007Andrew Sabak$10.00
 Subtotal of contributions of $250.00 or less$873.00
 

Contributions
More than $250.00

DATECONTRIBUTOR'S FULL NAME OR COMMITTEE'S NAMEAMOUNT
 Subtotal of all contributions of more than $250.00
Subtotal of all contributions of $250 or less
Total Contributions:		$0.00
$873.00
$873.00

Fund-Raising Events

All monetary contributions received at a fundraiser must be reported in the Event Summary below.
If contributor's name and amount are not listed, the contribution must be turned over to the West Virginia General Revenue Fund. The only exception to this rule may apply to political party executive committees. (WV Code 3-8-5a).

MCREC Spaghetti Dinner Event Summary

Date of Event: 4/21/2007 Total Monetary Contributions:  $1,103.00
Type of Event: Spaghetti dinner Total Expenditures: -$671.11
Name of Place Held: Marion County Senior Center NET RECEIPTS: =$431.89
Address of Place Held: 105 Maplewood Drive
Fairmont, WV 26554		 Total In-Kind Contributions Related to the Fundraiser  $15.00

$250 or Less

DATEFULL NAMEAMOUNT
 Subtotal of event contributions of less than $250.00 $0.00

More than $250

DATE AMOUNT
4/21/2007 Full Name:  Aggregate
Address: 
Contributor's Job: (individual contributor only) 
Where Contributor Works: (individual contributor only) 
Affiliation: (political committee only)  		$1,103.00
 Event contributions of $250 or more: 
Event contributions of less than $250: 
Total Contributions: 		$1,103.00
$0.00
$1,103.00

Reagan Dinner Event Summary

Date of Event: 11/1/2007 Total Monetary Contributions:  $1,917.50
Type of Event: Fundraising dinner Total Expenditures: -$1,480.53
Name of Place Held: Muriale’s Restaurant NET RECEIPTS: =$436.97
Address of Place Held: Fairmont Ave
Fairmont, WV 26554		 Total In-Kind Contributions Related to the Fundraiser  $15.00

$250 or Less

DATEFULL NAMEAMOUNT
 Subtotal of event contributions of less than $250.00 $0.00

More than $250

DATE AMOUNT
11/1/2007 Full Name:  Various
Address: 
Contributor's Job: (individual contributor only) 
Where Contributor Works: (individual contributor only) 
Affiliation: (political committee only)  		$1,917.50
 Event contributions of $250 or more: 
Event contributions of less than $250: 
Total Contributions: 		$1,917.50
$0.00
$1,917.50

Other Income: Interest, Refunds, Miscellaneous Receipts

DateSource of IncomeType of ReceiptAmount
3/31/2007InterestInterest on savings$0.71
5/31/2007InterestInterest on savings$0.92
4/30/2007InterestInterest on savings$0.75
7/31/2007InterestInterest on savings$0.92
8/31/2007InterestInterest on savings$0.92
6/30/2007InterestInterest on savings$0.92
9/30/2007InterestInterest on savings$0.92
10/31/2007InterestInterest on Savings$0.94
11/30/2007InterestInterest on savings$1.32
12/31/2007InterestInterest on savings$1.32
1/31/2008InterestInterest on savings$1.32
2/29/2008InterestInterest$1.32
  Total Other Income: $12.28

In-Kind Contributions

DateName and Contributor InformationDescription of ContributionValue
4/21/2007Andrew SabakDonation of printing expenses $15.00
10/18/2007Andrew SabakDonation of cost of paper and ink $15.00
  Total In-Kind Contributions: $30.00

Loans

West Virginia Code: §3-8-5f. Loans to candidates, organizations or persons for election purposes.

"Every candidate, financial agent, person or association of persons or organization advocating or opposing the nomination or election of any candidate or the passage or defeat of any issue or item to be voted upon may not receive any money or any other thing of value toward election expenses except from the candidate, his or her spouse or a lending institution. All loans shall be evidenced by a written agreement executed by the lender, whether the candidate, his or her spouse, or the lending institution. Such agreement shall state the date and amount of the loan, the terms, including interest and repayment schedule, and a description of the collateral, if any, and the full names and addresses of all parties to the agreement. A copy of the agreement shall be filed with the financial statement next required after the loan is executed."

The loan agreement must include all items asked for in the statute. (See above.) The loan agreement does not have to follow a certain format; generally, if all the required information is listed, any format is acceptable. Candidates or political committees that take out a loan for the campaign through a bank or other commercial lending institution must include a copy of the loan agreement executed with that bank or institution. Candidates should not take out loans which are partially for personal use and partially for the campaign. It is almost impossible to keep reporting straight in this case. Any money a candidate contributes to his or her campaign committee with the hope of repayment must be treated as a loan and reported in this section. When a candidate determines that no further repayment can be expected, the loan can be reported as repaid in this section by entering the amount left to repay in the repayments column and reporting the same amount as a contribution from the candidate on Page 2. These loans must be executed in writing. Caution: Candidates may not carry outstanding loans from one campaign to the next. Each campaign is separate. Funds from a current campaign cannot be used to repay a loan from a previous campaign.

How To Report Loans

  1. Each loan for your campaign should be listed on a separate line. (Each time you loan money to the campaign or get a loan, it is considered to be a separate loan.) Include the following information ont he form below.
    1. loans(s) from prior reporting periods and the balance of each loan (Col A.) If a payment was made on the loan, list that in Col. C. Any loan that was repaid in previous reporting periods does not need to be listed.
    2. new loans, the amount (Col. B), any repayments (Col. C), and the balance (Col. D.)
  2. Attach a copy of the loan agreement for each loan received during the reporting period.

Loans (Continued)

Bank Loans: List name & address or financial institution
Candidate or Candidate's Spouse Loans: List name, residence and mailing address of person(s) making or cosigning loan		 Column A
Balance of previous loan at end of period		 Column B
Amount of new loan received during period		 Column C
Repayments during period		 Column D
Balance outstanding at end of period
Amount Date Amount Date Amount Amount
Loans Received Repayment of Loans Outstanding Loans
Totals: $0.00 $0.00 $0.00

Itemized Expenditures

DateName of Person or Vendor And AddressPurposeAmount
5/25/2007 Kime Floral
600 Fairmont Avenue
Fairmont, WV 26554 		Purchase of memorial/flowers (party executive committees only)$21.20
4/10/2007 Kime Floral
600 Fairmont Avenue
Fairmont, WV 26554 		Purchase of memorial/flowers (party executive committees only)$24.38
4/10/2007 Fairmont Federal Credit Union
10th St & Gaston Ave
Fairmont, WV 26554 		Bank fees$2.00
4/16/2007 Postmaster
Adams St
Fairmont, WV 26554 		Postage for political purposes$46.20
4/16/2007 Shop and Save
Middletown Mall
Fairmont, WV 26554 		Entertainment (public meeting/fundraiser)$88.78
4/19/2007 Sam’s Club
Rte 50
Bridgeport, WV 26330 		Entertainment (public meeting/fundraiser)$261.94
4/19/2007 WalMart
Rte 250 S
Fairmont, WV 26554 		Entertainment (public meeting/fundraiser)$15.45
4/20/2007 MPE Rental
Rte 250 S
Fairmont, WV 26554 		Entertainment (public meeting/fundraiser)$67.84
4/21/2007 Country Clun Bakery
Country Club Road
Fairmont, WV 26554 		Entertainment (public meeting/fundraiser)$22.15
4/19/2007 Shop and Save
Middletown Mall
Fairmont, WV 26554 		Entertainment (public meeting/fundraiser)$168.75
8/8/2007 POSTMASTER
Adams St
Fairmont, WV 26554 		Postage$46.83
8/18/2007 Roger Payton
PO Box 313
IdaMay, WV 26576 		Reimbursement for materials for Picnic$75.10
8/7/2007 Fairmont Federal Credit Union
1000 Gaston Avenue
Fairmont, WV 26554 		Bank fees$2.00
10/19/2007 Postmaster
Adams St
Fairmont, WV 26554 		Postage$20.50
10/22/2007 Postmaster
Adams St
Fairmont, WV 26554 		Postage$51.91
10/3/2007 Postmaster
Adams St
Fairmont, WV 26554 		Postage$20.69
11/1/2007 Muriale’s Restaurant
1542 Fairmont Avenue
Fairmont, WV 26554 		Restaurant bill fundraiser$1,408.12
11/27/2007 WV Republican Convention Inc.
PO Box xxxx
Charleston, WV 25339 		Fees for State Presidential Convention$300.00
1/21/2008 Kime Floral
600 Fairmont Avenue
Fairmont, WV 26554 		Memorial flowers$37.10
2/15/2008 Postmaster
Adams Street
Fairmont, WV 26554 		Postage$23.97
  Total Expenditures: $2,704.91

Receipt of a Transfer of Excess Funds

DateCandidate Committee Name and YearAmount
 Total Receipts of Transfer of Excess Funds: $0.00

Disbursement of Excess Funds

DateName of candidate committee and election year disbursing excess fundsPurpose of DisbursementAmount
  Total Disbursement of Excess Funds: $0

Unpaid Bills

DateGroup or Firm AffiliationPurposeAmount
  Total Unpaid Bills: $0.00

Office Use Only
Filed With West Virginia Secretary of State
Monday, April 7, 2008 12:46:34 PM