Washington (CNN) - The Republican Governors Association reported a blockbuster fundraising haul in the 2nd quarter, raising a total of $18.9 million.
The RGA said Thursday that it has $40 million in cash on hand, and has spent $10 million in political expenditures in 2010.
The 2nd quarter fundraising numbers make it by far the most successful in RGA history. The association reported its previous high-water mark in the 4th quarter of 2009, when it raised $11.9 million.
"The Republican Governors Association has the momentum, message and money needed to make massive gains this November," said RGA Executive Director Nick Ayers in a statement. "From Oregon to Maine, the quality of our candidates combined with our substantial resources put us on offense in a record number of states."
In the first six months of 2010, the RGA raised $28 million. The previous mid-year record was $15.1 million.
There are 37 governorships at stake in 2010, 19 of those seats are currently held by Democrats, while Republicans control 18.
The Democratic Governors Association has yet to report their fundraising haul for the second quarter.