“..people are funding candidates now instead of just throwing all the money to the state or state party. And I am perfectly OK with that. We don’t need any more money thrown to the state GOP than what we need to operate.” – Jim Eschenbaum, SDGOP Chair, SD Searchlight, April 13, 2025
The South Dakota Republican Party had their 2025 year end report posted today, and within there are some interesting points to bring up in context to the overall collapse of the organization, and how when you put in charge a former 32-year Democrat who claimed from the onset that they don’t need money, they’re not going to have an easy time raising it.
First, read the report(s) for yourself:
SDGOP2025EOYReport by Pat Powers
SDGOP 2025 EOY Report Supplement by Pat Powers
There are some red flags and danger signs to take away from this report.
A high burn rate and no ability to do fundraising
First, after subtracting total expenses from their total income – their net – what was left over – was $34,247.72. They had literally an 80% burn rate for their cash. But what’s one primary difference between Eschenbaum and his predecessors? Go back to Eschenbaum’s inaugural interview:
And we’ve already taken $77,000 out of the annual operating costs of the state GOP. Reggie Rhoden, Governor Rhoden’s son, was executive director and he was being paid $5,400 a month. He resigned at the meeting on February 22, when we did the elections. And we have decided thus far that we don’t need an executive director. Nobody knows that he was doing much. Jim Eschenbaum, SDGOP Chair, SD Searchlight, April 13, 2025
When prior chairs raised and spent money to promote the Republican party, they had a much higher level of activity and involvement. They kept the trains running on time, and generated activity for the Republican organization. And they most often did it by hiring professional political staff.
Eschenbaum claimed to the public, in the media that they didn’t need money, and was an insulting ass about the notion of the party having staff. Now, they have a high burn rate, and an organization in free fall.
Secondly – the GOP’s big fundraiser that they thought would save their bacon? How has that been performing?
If we’re to take “Accounting by Tina Mulally” on it’s face for the information provided on the report their absolute reliance on this fundraiser is to their detriment.

They’re saying they raised nearly 69k from their raffle? Okay.. but what did they sink into it?

So, it cost them at least $51,477 to raise $68,889? So, if they’re lucky, they cleared $17k by the end of the year for their big state-wide fundraiser? I’ve worked on quick projects for the party in the past which have raised this amount or more, and for this one, they’re still on the hook for advertising and promoting? This is at the level of what some counties have raised through their Lincoln Day Dinners. $17k isn’t bad for one event – but it tied up a TON of cash to raise that small amount.
And more importantly.. that was one event. Where are the others, not counting the silly Miller Golf event. When it comes to fundraising you need to put a dozen more together, doing it again, and again, and again. Yet the SDGOP remains paralyzed by this one concept as if they are now bereft of ideas.
Where else isn’t the money coming from?
If you look at the supplemental report showing the sources of intra-committee transfers, the SDGOP seems to be on life support as much as the Democrats have ever been.
$18,782.00 donated from county party organizations. $5,000 from Heartland Values PAC, which Treasurer Tina misreported, because it’s a Federal Political Action Committee, another $6165 from Candidate Committees. There are minor amounts from the elected statewide officials, but they’ve largely been hands-off since the party spends as much time attacking them in social media as they do anything else. And here we get into a big thing..
Do you know who is NOT as being a contributor in this report? The person who has traditionally been looked to as the figurehead and leader of the Republican Party organization in South Dakota – Governor Larry Rhoden – is COMPLETELY absent from being noted as contributing or supporting the goofs currently in charge of the South Dakota Republican Party organization.
Don’t take that as a complaint. Larry is a good guy. You won’t find my name on that report either. But his is a very important one for them when he decides to stay out of it.
I seem to remember the excerpt from the article from Jim Eschenbaum’s interview earlier this year:
“Reggie Rhoden, Governor Rhoden’s son, was executive director and he was being paid $5,400 a month… Nobody knows that he was doing much.”
Jim Eschenbaum, SDGOP Chair, SD Searchlight, April 13, 2025.
You know, if the former 32-year Democrat pretending to be the Republican Party Chairman wanted to help the relationship between the Republican Party and the Governor, I don’t think this was the way to break the ice.
I also seem to remember another incident from August..

After selling ballots in their faux straw poll in August… once again they didn’t really do the titular head of the party any favors by declaring he has no support in their fake straw poll. And he’s not the only one the Eschenbaum party machine has lobbed bombs at. But you get my point.
The SDGOP has literally what are referred to as “the big 4” – Our 2 US Senators, Congress and the Governor. Period. They are the public face of the party. In the general public NOBODY gives a flying-f*rt about who the party chairman is. They recognize the big 4, so it’s a symbiotic relationship, if not a slightly parasitic one from the party’s end.
The organization needs them to be part of promoting the Republican party, and encouraging people to support it. But now, for one of the first times in this generation, we have a Republican Party organization that at times is openly hostile to the big 4. And it shows.
Can you blame them if they have little interest in contributing to the success of an organization? One that desperately needs them at the same time they insult them, lob bombs at them, and then come to them with their hand out? And I talk to people. I know they are coming in to beg with hat in hand.
I’ll just stop here, because I can nitpick the problems to death. At the risk of going on too long, loyal carriers of water for the elephant should take a long look at the SDGOP’s state 2025 EOY report. It represents a problem with the Republican party’s continued dominance in this state.
The populist inmates are in charge of the asylum. They can’t raise money, and spend their time insulting the people who have traditionally helped them do it. Clearly, they care nothing for the continuation of a long and proud tradition of Republican success in this state.