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
33 people listed on the 990; $341K paid to officers and key staff.
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.
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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.
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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…
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $521K | $526K |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $837K | $584K |
| LiabilitiesLn 26 | $706K | $16K |
| Net assetsLn 32 | $131K | $568K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $248K | |||
| Other salaries and wagesLn 7 | $136K | |||
| Pension plan contributionsLn 8 | $11K | |||
| Other employee benefitsLn 9 | $13K | |||
| Payroll taxesLn 10 | $24K | |||
| Accounting feesLn 11c | $43K | |||
| Other fees for servicesLn 11g | $698 | |||
| Advertising and promotionLn 12 | $7K | |||
| Office expensesLn 13 | $42K | |||
| OccupancyLn 16 | $26K | |||
| TravelLn 17 | $68K | |||
| InsuranceLn 23 | $12K | |||
| Other expenses (24a–d)Ln 24 | $1.3M | |||
| Total functional expensesLn 25 | $2.0M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $1.9M | $1.9M | $2K | $842K | 990 PDF |
| FY2024 | $1.7M | $1.4M | $271K | $839K | 990 PDF |
| FY2023 Viewing | $2.4M | $2.0M | $437K | $568K | 990 PDF |
| FY2022 | $821K | $844K | −$23K | $131K | 990 PDF |
| FY2021 | $341K | $498K | −$157K | $154K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $2,389,077 across 2 lines filed
Part IX · Statement of functional expenses $1,951,818 across 13 lines filed
Part X · Balance sheet $583,758 assets, 10 lines filed
Part XI · Reconciliation of net assets $568,007 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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