The Dipsea Race Committee Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 680159572 ✦ Mill valley, CA ✦ Designated as a 501(c)(4)

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Overview

What is The Dipsea Race Committee Inc?

The Dipsea Race Committee Inc is a nonprofit organization renowned for annually organizing and overseeing the Dipsea Race, a popular and century-old cross-country event. This historic event, celebrated in its 111th year in 2022, attracts participants from various regions, including Northern California, other states, and internationally. The organization's primary mission is to sponsor and manage this cross-country competition, making it accessible to anyone who wishes to participate. The Dipsea Race Committee Inc plays a significant role in promoting and preserving the tradition of cross-country running in the community.

Is The Dipsea Race Committee Inc legitimate?

The Dipsea Race Committee Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Dipsea Race Committee Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Dipsea Race Committee Inc?

The Dipsea Race Committee Inc's primary mission is to annually organize and oversee the running of a renowned cross-country race, widely recognized as the Dipsea Race. This historic event, celebrated for over a century, attracts participants from various parts of Northern California, other states, and internationally. The committee's role extends beyond just organizing the race; they work towards ensuring its continuity and recognition, making it an annual tradition.

Who is the CEO of The Dipsea Race Committee Inc?

Mervyn Regan is the Ceo of The Dipsea Race Committee Inc. The CEO's salary of The Dipsea Race Committee Inc is $0 and their total compensation is $0.

What is the revenue of The Dipsea Race Committee Inc?

The Dipsea Race Committee Inc's revenue in 2022 was $183,545.

Who are the executives of The Dipsea Race Committee Inc and what are their salaries?


Here are 3 key members and their salaries (The Dipsea Race Committee Inc's CEO's salary is $0 and their total compensation is $0):


Mervyn Regan (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
David A Albee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edda B Stickle (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Dipsea Race Committee Inc?

The Dipsea Race Committee Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Dipsea Race Committee Inc

The Dipsea Race Committee Inc is an organization that plays a significant role in the annual sponsorship and conduct of a renowned cross-country running event. Known as the Dipsea Race, this historic event has been running for over a century, with its 111th edition set to take place in 2022. This committee's mission is to ensure the successful continuation of this iconic race, which draws participants from Northern California, various other states, and even international runners. By sponsoring and managing the Dipsea Race, The Dipsea Race Committee Inc contributes to the vibrant running community and the excitement surrounding this distinctive cross-country race.

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Impact




October, 2024

The Dipsea Race Committee Inc. plays a significant role in promoting cross-country running through the historic Dipsea Race, an iconic event that has been celebrated annually for over a century. With its roots in Mill Valley, California, this race is not just a local tradition; it attracts participants from Northern California, across the United States, and even internationally, showcasing its widespread recognition and appeal.

By sponsoring an event that is open to runners of all skill levels, The Dipsea Race Committee fosters community engagement and encourages physical fitness, making the race accessible to a diverse group of participants. This inclusivity helps to build a sense of camaraderie among runners, highlighting the spirit of competition and community.

The race also contributes to the local economy by drawing visitors to Mill Valley and surrounding areas, boosting tourism and supporting local businesses. The enduring legacy of the Dipsea Race, particularly with its milestone 111th running in 2022, reflects its cultural significance and longstanding tradition in the realm of athletics and recreation. Overall, The Dipsea Race Committee Inc. impacts the community by promoting health, fitness, and a shared appreciation for the sport of running.




This information is meant to be a general summary of The Dipsea Race Committee Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$183,545 (2022)
Expenses
$231,391 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $172
  • Program Service Revenue: $141,500
  • Gross Receipts: $210,456

Assets and Liabilities:

  • Total Assets: $266,765
  • Total Liabilities: $0
  • Net Assets: $266,765

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Race Entry Fees

Revenue

$141,500

Organization Details

Founding Year

1987

Principal Officer

Mervyn Regan

Main Address

PO Box 30, Mill Valley, CA, 94942

NTEE Category

Code: N70 - Recreation

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