I was Official Never Underestimate An Old Man With A Fishing Rod Shirt finding it difficult to find information on it online. Still seems super shady to me. I can’t think of a legitimate reason why a campaign would need to be a distinct legal entity. I don’t remember the full list of reasons to form a corporation, but one of them (if I remember it right because I am NOT a lawyer, just someone who saw the outcome of failed corporations vs failed partnerships and sole proprietorships) makes it reasonable: no one person is liable for any debts the campaign still has outstanding once it closes down. So while any leftover campaign cash would go (in theory) to creditors.
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If there’s Official Never Underestimate An Old Man With A Fishing Rod Shirt not enough to cover it all, the creditors can’t go after, say, the campaign manager’s personal assets. It creates distance between the property of the individual (owner, director, whatever) and the organization. I understand that forming a corporation is generally done to create a legal barrier. Between the company and the owners so that they are not directly liable for debts. It’s just so strange to me that a political campaign would have any legitimate reason to do that. Lotta bills involved would be my guess, given the amount of money spent on the presidential election. And the number of companies, individuals, and venues needed to make it happen.