2016-06-24T11:17:09-05:00 2015-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 650N BETHESDA MD 208142930 990 2015-01-01 942437024 SEMICONDUCTOR INDUSTRY ASSOCIATION SEMI 2024461700 1101 K STREET NW NO 450 WASHINGTON DC 20005 JOHN NEUFFER PRESIDENT & CEO 2024461700 2016-06-24 1 TERRI MCKNIGHT CPA P00543022 3019519090 2015 2016-09-27 15:27:22Z JOHN NEUFFER 1101 K STREET NW NO 450 WASHINGTON DC 20005 5864529 0 X WWW.SEMICONDUCTORS.ORG X 1977 CA SEE PART III, LINE 1. 17 17 13 17 0 0 0 0 6027682 5854664 4541 9064 8597 801 6040820 5864529 0 0 0 0 2912463 2895843 0 0 0 2705508 2781348 5617971 5677191 422849 187338 4243711 5340140 1418509 2327600 2825202 3012540 X SIA IS THE PREMIER TRADE ASSOCIATION REPRESENTING THE U.S. SEMICONDUCTOR INDUSTRY. 0 0 PUBLIC POLICY - ADVOCACY ON BEHALF OF THE INDUSTRY ON POLICY PRIORITIES SUCH AS TRADE, TAX REFORM, IMMIGRATION REFORM, EXPORT CONTROLS, RESEARCH FUNDING, ENVIRONMENT, ANTI-COUNTERFEITING, AND INTELLECTUAL PROPERTY.GLOBAL POLICY - ADVOCACY IN SUPPORT OF ACCESS TO FOREIGN MARKETS, NON-DISCRIMINATORY AND MARKET-BASED TRADE POLICIES, AND STRONG PROTECTION OF INTELLECTUAL PROPERTY.INDUSTRY STATISTICS - COLLECTING AND DISSEMINATING DATA ON THE SEMICONDUCTOR INDUSTRY.PUBLIC COMMUNICATIONS - PROVIDING INFORMATION TO THE PUBLIC AND POLICYMAKERS ON THE SEMICONDUCTOR INDUSTRY. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 1 13 1 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 0 1 1 0 CA X MIKE WILLIAMS 2024461700 1101 K STREET NW NO 450 WASHINGTON DC 20005 BRIAN KRZANICH CHAIR 1.00 X X 0 0 0 CLARK MCFADDEN SECRETARY 1.00 X 0 0 0 LISA SU DIRECTOR 1.00 X 0 0 0 JOHN DAANE DIRECTOR 1.00 X 0 0 0 VINCE ROCHE DIRECTOR 1.00 X 0 0 0 STEVE LAUB DIRECTOR 1.00 X 0 0 0 MARK THOMPSON DIRECTOR 1.00 X 0 0 0 GREGG LOWE DIRECTOR 1.00 X 0 0 0 AJIT MANOCHA DIRECTOR 1.00 X 0 0 0 TUNC DOLUCA DIRECTOR 1.00 X 0 0 0 NECIP SAYINER DIRECTOR 1.00 X 0 0 0 JOHN KELLY III DIRECTOR 1.00 X 0 0 0 MARK DURCAN DIRECTOR 1.00 X 0 0 0 KEITH JACKSON DIRECTOR 1.00 X 0 0 0 GREG LANG DIRECTOR 1.00 X 0 0 0 STEVE MOLLENKOPF DIRECTOR 1.00 X 0 0 0 SANJAY MEHROTRA DIRECTOR 1.00 X 0 0 0 RICHARD K TEMPLETON DIRECTOR 1.00 X 0 0 0 JOHN NEUFFER PRESIDENT & CEO (FROM 01/2015) 40.00 X 555953 0 28127 BRIAN TOOHEY PRESIDENT & CEO (UNTIL 01/2015) 40.00 X 48350 0 0 DAVID ISAACS VICE PRESIDENT, GOVERNMENT AFFAIRS 40.00 X 391616 0 57815 JAMES GOODRICH VICE PRESIDENT, GLOBAL POLICY 40.00 X 176410 0 7088 TORRIA WHITE DIRECTOR, ACCOUNTING (UNTIL 06/2015) 40.00 X 191660 0 10045 MIKE WILLIAMS CFO (FROM 07/2015) 16.00 X 60000 0 0 JOSEPH PASETTI DIRECTOR, GOVERNMENT AFFAIRS 40.00 X 193630 0 21611 DUSTIN TODD DIRECTOR, GOVERNMENT AFFAIRS 40.00 X 179143 0 20166 CAROLINE KAZMIERSKI DIRECTOR, MARKETING & COMMUNICATIONS 40.00 X 150365 0 13171 CHRISTOPHER YINUG DIRECTOR, INDUSTRY STAT. & ECON. POL 40.00 X 145460 0 31233 2092587 0 189256 7 0 1 0 WILMERHALE PO BOX 7247-8760 PHILADELPHIA PA 191708760 CONSULTING 405000 ORRICK HERRINGTON AND SUTCLIFFE 4619 SOLUTIONS CENTER CHICAGO IL 60677 LEGAL 241755 2 MEMBERSHIP DUES 900099 4660312 4660312 INDUSTRY STATISTICS 900099 945242 945242 ANNUAL AWARD DINNER 900099 249110 249110 5854664 9064 9064 OTHER INCOME 900099 801 801 801 5864529 5854664 0 9865 1527064 1056212 81434 109536 121597 779228 67189 252600 5305 81418 58918 97254 411706 232575 452457 45896 38423 COALITIONS 95400 SUBS, DUES AND PUBS 43109 EQUIP AND EQUIP RENTAL 28964 BAD DEBT EXPENSE 18000 72906 5677191 1598912 1978787 2297008 3109746 201484 115577 31793 32229 383059 338926 54846 44133 59668 59668 4243711 5340140 145374 265895 1051620 1852223 221515 209482 1418509 2327600 X 2825202 3012540 2825202 3012540 4243711 5340140 187338 0 X 0 1 X 1 0 0 0 0 4660312 735000 -499560 235440 792253 -556813 1549 777 772 158345 131842 26503 223165 206307 16858 44133 DEFERRED RENT ABATEMENT 209482 209482 X 5864529 0 5864529 0 5864529 5677191 0 5677191 0 5677191 PART X, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014, THE ASSOCIATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X X 1 0 0 JOHN NEUFFER PRESIDENT & CEO (FROM 01/2015) 368453 0 187500 0 0 0 0 0 28127 0 584080 0 0 0 DAVID ISAACS VICE PRESIDENT, GOVERNMENT AFFAIRS 277029 0 114587 0 0 0 25175 0 32640 0 449431 0 0 0 JAMES GOODRICH VICE PRESIDENT, GLOBAL POLICY 140785 0 35625 0 0 0 0 0 7088 0 183498 0 0 0 TORRIA WHITE DIRECTOR, ACCOUNTING (UNTIL 06/2015) 76050 0 0 0 115610 0 7225 0 2820 0 201705 0 0 0 JOSEPH PASETTI DIRECTOR, GOVERNMENT AFFAIRS 161047 0 32583 0 0 0 15299 0 6312 0 215241 0 0 0 DUSTIN TODD DIRECTOR, GOVERNMENT AFFAIRS 155556 0 23587 0 0 0 14778 0 5388 0 199309 0 0 0 CAROLINE KAZMIERSKI DIRECTOR, MARKETING & COMMUNICATIONS 126765 0 23600 0 0 0 12043 0 1128 0 163536 0 0 0 CHRISTOPHER YINUG DIRECTOR, INDUSTRY STAT. & ECON. POL 125894 0 19566 0 0 0 11960 0 19273 0 176693 0 0 0 PART I, LINE 4A SEVERANCE PAYMENTS FOR TORRIA WHITE HAVE BEEN REFLECTED IN PART II, COLUMN (B)(III). BRIAN TOOHEY ALSO RECEIVED SEVERANCE PAYMENTS OF $48,350. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS THREE CLASSES OF MEMBERSHIP: CHARTER MEMBERS WHO HAVE VOTING RIGHTS, INTERNATIONAL ASSOCIATE MEMBERS AND CORPORATE ASSOCIATE MEMBERS THAT DO NOT HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A THE CHARTER (VOTING) MEMBERS ELECT THE BOARD OF DIRECTORS OF THE ASSOCIATION AT THE ANNUAL MEMBERS MEETING. FORM 990, PART VI, SECTION A, LINE 7B UNDER THE CALIFORNIA MUTUAL BENEFIT CORPORATION CODE, SEVERAL MATTERS, E.G., MERGERS AND ACQUISITIONS, DISPOSAL OF ASSETS, ETC. ARE RESERVED EXCLUSIVELY TO THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C WHEN ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARISES, OFFICERS AND STAFF OF THE SIA DISCLOSE TO SIA THE EXISTENCE OF THE ACTIVITY OR OPPORTUNITY THAT GIVES RISE TO SUCH CONFLICT. DISCLOSURE IS MADE TO THE PRESIDENT OR, IN THE CASE OF THE PRESIDENT, TO THE CHAIRMAN OF THE BOARD. THE PRESIDENT, WITH THE ASSISTANCE OF SIA'S OUTSIDE COUNSEL, ADDRESSES ANY CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST SUBMITTED WITH RESPECT TO OFFICERS AND STAFF AND INFORMS THE CHAIRMAN OF THE BOARD OF THE RESOLUTION. THE CHAIRMAN OF THE BOARD, WITH THE ASSISTANCE OF SIA'S OUTSIDE COUNSEL, ADDRESSES ANY CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO THE PRESIDENT AND INFORMS THE BOARD OF THE RESOLUTION. IF THE CHAIRMAN OF THE BOARD OR THE PRESIDENT HAS REASONABLE CAUSE TO BELIEVE THAT A PERSON HAS FAILED TO DISCLOSE AN ACTIVITY OR OPPORTUNITY THAT MAY POSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, HE INFORMS THE COVERED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF AFTER HEARING THE COVERED PERSON'S RESPONSE AND MAKING ANY FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES THE CHAIRMAN OF THE BOARD OR THE PRESIDENT, AS THE CASE MAY BE, DETERMINES THAT THE COVERED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE CHAIRMAN OF THE BOARD OR THE PRESIDENT TAKE APPROPRIATE CORRECTIVE OR DISCIPLINARY ACTION. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT OF THE SIA'S MERIT INCREASE AND BONUS ARE DETERMINED BY THE SIA BOARD COMPENSATION SUBCOMMITTEE BASED ON HIS/HER PERFORMANCE. PRESIDENT OF THE SIA ASSESSES ALL EMPLOYEES AND DETERMINES MERIT INCREASE AND BONUS BASED ON EMPLOYEE'S PREFORMANCE. PRESIDENT OF THE SIA SUBMITS RECOMMENDATIONS TO THE SIA BOARD COMPENSATION SUBCOMMITTEE WHICH CONSISTS OF THE PAST CHAIR, CURRENT CHAIR, AND CURRENT VICE CHAIR. COMMITTEE EITHER APPROVES OR PROVIDES GUIDANCE ON CHANGE. THE LAST COMPENSATION REVIEW TOOK PLACE DECEMBER 2015. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.