Beavers Inc
- Assets
- $583.8k
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 3
- Location
- Los Altos, CA
- Founding
- 06/1958
- Data as of
- 04/2023
- EIN
- 95-2245687
Organization Overview
Beavers Inc is located in Los Altos, CA. The organization was established in 1958. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 04/2023, Beavers Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beavers Inc 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 04/2023, Beavers Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $2.0m during the year ending 04/2023. While expenses have increased by 4.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
PROVIDES ITS MEMBERS BUSINESS AND NETWORKING OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 CONSTRUCTION.THE BEAVERS HOLD TWO MAJOR EVENTS ANNUALLY. THE BEAVERS AWARDS DINNER IS HELD IN MID-JANUARY, WHERE INDIVIDUALS ARE RECOGNIZED WITH A GOLDEN BEAVER AWARD FOR THEIR ACHIEVEMENTS AND CONTRIBUTIONS TO THE HEAVY CONSTRUCTION INDUSTRY IN THE CATEGORIES OF MANAGEMENT, SUPERVISION, ENGINEERING AND SERVICE & SUPPLY. THIS IS A BLACK-TIE EVENT ATTENDED BY OVER 2,200 MEMBERS AND GUESTS. A HIGH PROFILE KEYNOTE SPEAKER ADDRESSES THE AUDIENCE FOLLOWING THE AWARD PRESENTATIONS.EVERY AUGUST, BEAVERS MEMBERS AND GUESTS GATHER AT SILVERADO RESORT IN NAPA, CALIFORNIA FOR A SUMMER SOCIAL EVENT CALLED THE "BEAVERDILLY". THIS TRADITION BEGAN IN 1963 TO PROVIDE A SHORT BREAK DURING THE BUSY CONSTRUCTION SEASON. OVER THE FIFTY-SIX YEARS THE BEAVERDILLY ATTENDANCE HAS GROWN TO OVER 1,600. THE EVENT FEATURES GOLF AND TENNIS TOURNAMENTS, WINERY TOURS, OTHER SPORTS ACTIVITIES AND BOTH A PICNIC LUNCH AND DINNER. BEAVERS COMMITTEE AND BOARD MEETINGS ARE HELD IN CONJUNCTION WITH THE EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary T Teichert President | OfficerTrustee | 1 | $0 |
Gary A Johnson Senior Vice President | OfficerTrustee | 1 | $0 |
Barry Kannon Vice President | OfficerTrustee | 1 | $0 |
Richard L Disney Secretary Treasurer | OfficerTrustee | 1 | $0 |
Kenneth W Aldridge To 123 Board Member | Trustee | 1 | $0 |
Jamie Angus Board Member | Trustee | 1 | $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 | $2,389,077 |
| 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 | $2,389,077 |
| 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. | $248,400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $135,756 |
| Pension plan accruals and contributions | $10,800 |
| Other employee benefits | $13,216 |
| Payroll taxes | $24,064 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $698 |
| Advertising and promotion | $6,548 |
| Office expenses | $42,415 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,148 |
| Travel | $68,332 |
| 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 | $11,533 |
| All other expenses | $0 |
| Total functional expenses | $1,951,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $526,191 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $55,629 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,938 |
| Total assets | $583,758 |
| Accounts payable and accrued expenses | $15,751 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $15,751 |
| Net assets without donor restrictions | $568,007 |
| 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 | $583,758 |