Engineered Wood Research Foundation
- Assets
- $381.2k
- Revenue
- $344.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 03/1971
- Data as of
- 12/2023
- EIN
- 91-0497204
Organization Overview
Engineered Wood Research Foundation is located in Tacoma, WA. The organization was established in 1971. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Engineered Wood Research Foundation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Engineered Wood Research Foundation generated $344.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $355.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TECHNICAL DEVELOPMENT AND COMMUNICATION IN THE ENGINEERED WOOD INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RESOURCES TO THE ENGINEERED WOOD MANUFACTURERS INCLUDING INFORMATION ABOUT NEW PROCESSES FOR MANUFACTURING AND MEANS TO MARKET PRODUCTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Asano Chair | Trustee | 1 | $0 |
Chris Degnan Vice-Chair | Trustee | 0.5 | $0 |
Stephen Williams Finance Committee Chair | Trustee | 0.5 | $0 |
Rich Babcock Board Of Trustees | Trustee | 0.5 | $0 |
John Beers III Board Of Trustees | Trustee | 0.5 | $0 |
Ashlee Cribb Board Of Trustees | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $304,990 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $344,593 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $194,480 |
| Advertising and promotion | $2,924 |
| Office expenses | $698 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,012 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $355,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,306 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $172,876 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $381,182 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $155,100 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $450 |
| Total liabilities | $155,550 |
| Net assets without donor restrictions | $225,632 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $381,182 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Engineered Wood Research Foundation Tacoma, WA | $381,182 | $344,593 |
Satoshi Action Education Portland, OR | $53,572 | $360,666 |
Mobile Intelligence Alliance Bellevue, WA | $19,257 | $0 |
Corrim Consortium For Research On Renewable Industrial Materials Corvallis, OR | $545,912 | $408,134 |
Greenspeed Research Inc Garden City, ID | $150,341 | $0 |