Frequently Asked Questions
AANC PAC & MHCNC PAC
What is the difference between AANC PAC and the MHCNC PAC?
Apartment Association of North Carolina PAC
The NC Board of elections oversees all state PAC's and has strict donation and reporting requirements. Under this restriction the AANC PAC is only allowed to accept contributions from individual donors. This PAC is prohibited from accepting corporate donations. The money raised can be directly distributed to candidates and other PAC's.
Multifamily Housing Coalition of North Carolina PAC
The MHCNC PAC is regulated by the state and the IRS. Under the reporting requirements this PAC can accept contributions from individual donors as well as corporate entities. The funds raised cannot be directly distributed to political candidates and there are no contribution limitations.
Are contributions to AANC PAC or MHCNC PAC deductible on state
or federal taxes?
No. Contributions to either political action committee is not tax deductible nor refundable at any time.
How much can I contribute?
Apartment Association of North Carolina PAC
The PAC may not accept, and a contributor may not give, more than $5,400 from a single donor per election. Therefore, if there is a primary and a general election, the AANC PAC may receive $5,400 through the day of the primary and $5,400 from the day after the primary through the general election.
Multifamily Housing Coalition of North Carolina PAC
There are no contribution limitations.
What are the current giving levels for each PAC?
Apartment Association of North Carolina PAC
This PAC is for individual contributions.
|
Bronze |
$10 - $99 |
|
Silver |
$100 - $249 |
|
Gold |
$250 - $999 |
|
Platinum |
$1,000 - $2,499 |
|
Elite |
$2,500+ |
Multifamily Housing Coalition of North Carolina PAC
This PAC is for individual and corporate contributions.
|
Bronze |
$100 - $500 |
|
Silver |
$501 - $1,499 |
|
Gold |
$1,500 - $2,500 |
|
Platinum |
$2,501 - $4,999 |
|
Elite |
$5,000+ |
To donate, please mail a check to:
Apartment Association of North Carolina
188 Wind Chime Court, Ste 101
Raleigh, North Carolina 27615
Make checks payable to MHCNC.
Disclaimer: In accordance to state law all contributions are deemed voluntary and donor information (name, address and occupation) will be reported to the North Carolina State Board of Elections and the IRS. All contributions made to AANC PAC and the MHCNC PAC are not tax-deductible nor refundable. Contributions will be used for political purposes at the association's disgretion.