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Nonprofit · EIN 68-0159572

DIPSEA RACE COMMITTEE INC

Tax-exempt · MILL VALLEY, CA 94942

Financials

$221K$202K2023$236K$217K2024$244K$187K2025
Revenue Expenses · by fiscal year end
Financials of DIPSEA RACE COMMITTEE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$243,626$187,153$56,473$361,856$0$361,856
December 31, 2024990$236,490$216,877$19,613$305,383$0$305,383
December 31, 2023990$221,473$202,468$19,005$285,770$0$285,770
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,530
Program service revenue
$233,697
Investment income
$3,885
Net income from sales of inventory
$4,514
Other revenue
$4,514

Expenses

Grants and similar amounts paid
$22,809
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,882
Occupancy
$18,766
Travel
$4,606
Depreciation
$567
Program services (functional)
$162,507
Management and general (functional)
$16,430
Fundraising (functional)
$8,216

Balance sheet and other

Total assets, start of year
$305,383
Total assets, end of year
$361,856
Total liabilities, end of year
$0
Net assets, end of year
$361,856
Land, buildings and equipment
$1,780
Net assets without donor restrictions
$361,856
Gross receipts
$243,626
Employees
0
Year formed
1987
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Chris KnezPresident
Trustee or director
2$0
Howard SolomonVice President
Trustee or director
2$0
Erin WagnerController
Trustee or director
2$0
Eric EllisenDirector
Trustee or director
2$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Chris KnezPresident
Trustee or director
2$0
Howard SolomonVice President
Trustee or director
2$0
Erin WagnerController
Trustee or director
2$0
Eric EllisenDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Mervyn ReganCEO
Trustee or director
2$0
David A AlbeeSecretary
Trustee or director
2$0
Edda B StickleCFO
Trustee or director
4$0

Address and contacts

Address (IRS master file)
PO BOX 30, MILL VALLEY, CA 94942-0030
Principal officer (990 for 2025)
Erin Wagner, PO Box 30, Mill Valley, CA 94942
Signed the 990
Erin Wagner, Controller
Phone
(415) 819-6567
Return prepared by
Richard K Chinlund CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 68-0159572 or by the name DIPSEA RACE COMMITTEE INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

Sponsor Historic Cross County Running Race

990 for the year ended December 31, 2025

Program accomplishments

  • The organization annually sponsors and conducts a cross country race commonly known as the dipsea race. This race is an historic event which is open to anyone and which is renowened throughout Northern California, other states, as well as internationally.Statement of Dipsea Race Accomplishments for 2025* Foster amateur and national sports competition by organizing and conducted the Historic Dipsea Race with a field of 1,500 participants.* Funded trail repairs for a total of $2,200 on the historic Dipsea trail used by the public year round.* Donation of $22,000 cash to the Dipsea Foundation for purposes of charitable giving.* Fund $2,000 each year since 2012 for the annual creation of a video of the Historic Dipsea Race to document and maintain a video archive of the race for historic purposes.* Donation of invitational race bib to Kiddo! to help Kiddo! raise operational funds for local K-12 schools by auctioning off the bib.* Donation of invitational race bib for auction to help raise $5,000 for an independent film.* Donation of invitational race bib to the Dipsea Foundation to help them raise funds for charitable giving by auctioning off the bibs.
    Expenses $162,507

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
68-0159572
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$361,856
Income (IRS master file)
$243,626

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$243,626$187,153$361,856IRS
990December 2024$236,490$216,877$305,383IRS
990December 2023$221,473$202,468$285,770XML
990December 2022$183,545$231,391$266,765IRS
990-EZDecember 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 68-0159572).

Questions about DIPSEA RACE COMMITTEE INC

What is the EIN of DIPSEA RACE COMMITTEE INC?
The employer identification number (EIN) of DIPSEA RACE COMMITTEE INC is 68-0159572.
Is DIPSEA RACE COMMITTEE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1989.
Are donations to DIPSEA RACE COMMITTEE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DIPSEA RACE COMMITTEE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DIPSEA RACE COMMITTEE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DIPSEA RACE COMMITTEE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of DIPSEA RACE COMMITTEE INC?
The 990 for the year ended December 31, 2025 names Erin Wagner.
Who are the officers and directors of DIPSEA RACE COMMITTEE INC?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does DIPSEA RACE COMMITTEE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $243,626, expenses of $187,153 and total assets of $361,856 at year end.

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