Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1958.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
35 people listed on the 990; $408K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| David W Woods | $255,667 | $240,000 | $213,333 | $198,333 | $191,667 |
| Carol Cudworth | $151,833 | $141,667 | $127,333 | $119,000 | $120,250 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Beavers INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Connects members with business and networking opportunities.
Questions for Beavers INC
Your first name shows with your question. Beavers INC answers here, for everyone.
The purpose of the beavers is to promote goodwill, friendliness and consideration within the heavy engineering construction industry; to give recognition to those men and women who have demonstrated particular skill, responsibility and integrity; and to encourage and support entry of promising young individuals into heavy engineering…
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 95-2245687) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $775K | $818K |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $845K | $865K |
| LiabilitiesLn 26 | $5K | $23K |
| Net assetsLn 32 | $839K | $842K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $300K | |||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $282K | |||
| Other salaries and wagesLn 7 | $158K | |||
| Pension plan contributionsLn 8 | $11K | |||
| Other employee benefitsLn 9 | $24K | |||
| Payroll taxesLn 10 | $27K | |||
| Accounting feesLn 11c | $68K | |||
| Other fees for servicesLn 11g | $3K | |||
| Advertising and promotionLn 12 | $6K | |||
| Office expensesLn 13 | $43K | |||
| OccupancyLn 16 | $29K | |||
| TravelLn 17 | $77K | |||
| InsuranceLn 23 | $14K | |||
| Other expenses (24a–d)Ln 24 | $822K | |||
| Total functional expensesLn 25 | $1.9M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Feb 3, 2026 | $1.9M | $1.9M | $2K | $842K | 990 PDF |
| FY2024Filed with the IRS Feb 24, 2025 | $1.7M | $1.4M | $271K | $839K | 990 PDF |
| FY2023Filed with the IRS Jan 25, 2024 | $2.4M | $2.0M | $437K | $568K | 990 PDF |
| FY2022Filed with the IRS Feb 21, 2023 | $821K | $844K | −$23K | $131K | 990 PDF |
| FY2021Filed with the IRS Dec 22, 2021 | $341K | $498K | −$157K | $154K | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $1,867,697 revenue, 12 lines filed
Part VI · Governance 27 of 27 board members independent, 2 to look at
Part VIII · Statement of revenue $1,867,697 across 3 lines filed
Part IX · Statement of functional expenses $1,865,205 across 14 lines filed
Part X · Balance sheet $864,823 assets, 12 lines filed
Part XI · Reconciliation of net assets $841,909 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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