2014-11-10T16:54:19-06:00 2013-12-31 GRANT THORNTON LLP 150 ALMADEN BLVD SUITE 600 SAN JOSE CA 95113 990 2013-01-01 941751440 Semiconductor Equipment & Materials Intl % RICHARD SALSMAN SEMI 4089436900 3081 Zanker Road Suite San Jose CA 95134 RICHARD SALSMAN CFO & VP OPERATIONS 4089436900 2014-11-06 true BETH LONDYNSKY P00847678 4089436900 2013 2015-11-30 17:44:51Z Dennis McGuirk 3081 Zanker Road San Jose CA 95134 41732242 false X www.semi.org X 1970 CA Semiconductor Equipment & Materials Intl (SEMI) is a not-for-profit organization formed to promote and support the semiconductor equipment and materials industry. 21 20 91 22 314790 -103783 0 0 40339623 39152620 2504235 131334 3525775 2441061 46369633 41725015 0 0 0 0 12735888 12253444 0 0 0 27525395 26277447 40261283 38530891 6108350 3194124 59756649 60087174 30908093 26867721 28848556 33219453 SEMICONDUCTOR EQUIPMENT & MATERIALS INTL (SEMI) IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO PROMOTE AND SUPPORT THE SEMICONDUCTOR EQUIPMENT AND MATERIALS INDUSTRY. false false 38530891 39733017 SEMI's program is to support the semiconductor industry through trade shows and related education. SEMI saw continuing growth in Asia expositions, reengineering for certain shows, plus advances in the FPD segment. SEMI's information includes industry research and statistics, including industry book to bill reports, and capital equipment consensus forecasts. SEMI has partnered with providers to deliver more than 100 courses covering wafer fabrication, assembly, packaging, yield improvement, metrology, semiconductor physics, IC design, optics, reliability, MEMS, basic electronics, and lasers. 38530891 false false false true false false false false false true false false true true true false true false true true false false false false false false false false true false false false false false false false false false false false true true true false true X 42 0 true 91 true true true true CH KS JA IN BE GM TW RS SN false false false false X 21 20 false false false false true true true true true false true true false true true true true true true true true false CA X RICHARD SALSMAN 4089436900 3081 ZANKER ROAD San Jose CA 95134 Dennis McGuirk President and CEO 40.0 2.0 X X 607908 0 246912 Andre-Jacques Auberton-Herve Chairman 1.0 1.0 X X 0 0 0 Yong Han Lee Vice Chairman 1.0 0.0 X X 0 0 0 Douglas A Neugold Chairman / Director 1.0 1.0 X X 0 0 0 Mary G Puma SECRETARY / TREASURER 1.0 0.0 X X 0 0 0 Michael Splinter Director 1.0 0.0 X 0 0 0 Osamu Nakamura Director 1.0 0.0 X 0 0 0 Stephen Newberry Director 1.0 0.0 X 0 0 0 Toshio Maruyama Director 1.0 0.0 X 0 0 0 Richard Wallace Director - Part Year 1.0 0.0 X 0 0 0 Zhengrong Shi PhD Director - Part Year 1.0 0.0 X 0 0 0 Kazuo Ushida Director 1.0 0.0 X 0 0 0 Professor Ericke R Weber Director 1.0 0.0 X 0 0 0 Tetsuo Tom Tsuneishi Director 1.0 0.0 X 0 0 0 Ho-Ming Tong Director 1.0 0.0 X 0 0 0 Sue Lin Director 1.0 0.0 X 0 0 0 Jifan Gao Director 1.0 0.0 X 0 0 0 Nobu Koshiba Director 1.0 0.0 X 0 0 0 Natsunosuke Yago Director 1.0 0.0 X 0 0 0 Xinchao Wang Director 1.0 0.0 X 0 0 0 David B Miller Director 1.0 0.0 X 0 0 0 Bertrand Loy Director 1.0 0.0 X 0 0 0 Kyu-Dong KD Sung Director 1.0 0.0 X 0 0 0 Richard Salsman CFO and VP Operations 40.0 2.0 X 517109 0 157982 Jonathan Davis Global VP Advocacy 40.0 0.0 X 562610 0 93951 Karen Savala President SEMI Americas 40.0 0.0 X 626807 0 105792 Bettina Weiss VP Business Development 40.0 0.0 X 340233 0 75437 Elizabeth Anderson VP Global Industry Workforce 40.0 2.0 X 747851 0 75118 Thomas Salmon VP Member Services & Standards 40.0 0.0 X 327914 0 86223 Thomas Morrow EVP Global Emerging Markets 40.0 0.0 X 322391 0 107140 Michael Droeger Director Product Marketing 40.0 0.0 X 205057 0 34777 John Friedlund Director Purchasing & Facility 40.0 0.0 X 207892 0 62144 Maureen McDonough Senior Director Global HR 40.0 0.0 X 196559 0 59263 Daniel Tracy Sr Dir Industry Rsrch & Stat. 40.0 0.0 X 253618 0 55856 Lisa VanHuystee Dir. Fin. Analysis & Planning 40.0 0.0 X 182260 0 71630 Stanley Myers Former President and CEO 0.0 1.0 X 276639 0 10251 5374848 0 1242476 41 true true false Grant Thornton LLP PO Box 51552 LOS ANGELES CA 90051 Audit & Tax Services 411619 Maloney Security Inc 1055 Laurel Street SAN CARLOS CA 94070 Security 260315 Freeman Expositions Inc PO Box 650036 DALLAS TX 75265 Construction 230232 Aptify 7900 Westpark Drive TYSONS CORNER VA 22102 IT Services 209505 McAllister Quinn LLC 1368 North Washington Avenue SCRANTON PA 18509 Consulting 183864 12 0 TRADESHOWS 541900 26609040 26609040 MEMBERSHIP DUES 541900 5834426 5834426 SPONSORSHIP INCOME 541900 2464452 2464452 CONFERENCES 541900 2375339 2375339 PUBLICATION 541900 1869363 1869363 39152620 122561 122561 0 1266552 1266552 0 0 0 16000 7227 8773 8773 8773 0 0 0 ADVERTISING 541800 314790 314790 OTHER INCOME 900099 279322 279322 RELATED TRADE ASSOCIATION REIMBURSEMENT 900099 580397 580397 1174509 41725015 39733017 314790 1677208 0 0 0 0 3111092 277890 7347452 237790 756777 522443 6183251 82639 481274 0 0 0 587915 214805 458032 187421 0 2211810 1009277 0 11463364 0 0 710545 258669 DUES AND SUBSCRIPTIONS 836411 TAXES 454134 REPAIRS AND MAINTENANCE 413556 PRINTING AND PRODUCTION 141341 583003 38530891 0 0 50205700 46997251 0 0 1206954 1624058 0 0 0 0 0 0 0 0 3778334 1601251 10696061 10192021 1178201 504040 0 0 0 2743150 1464997 1511621 0 0 1922463 5105803 59756649 60087174 6916899 5244849 0 0 1630468 1429196 0 0 0 0 0 0 0 0 0 0 22360726 20193676 30908093 26867721 X 28848556 33219453 0 0 0 0 28848556 33219453 59756649 60087174 X 3194124 -381837 1558610 X false true X true false false false true 2029493 507516 1663 509179 507373 1806 564963 439477 125486 2760236 2624331 135905 2577002 2376475 200527 4793860 4751738 42122 504040 INTERCOMPANY RECEIVABLES 4986396 VAT RECEIVABLES 119407 5105803 0 ADVANCE DEPOSITS 13406063 POST-RETIREMENT BENEFITS 4784000 TAXES PAYABLE 884639 INTERCOMPANY PAYABLES 10272 BUILDING RESTORATION LIABILITY 952077 PENSION LIABILITY 156625 20193676 X FIN 48 (ASC 740) Footnote Schedule D, Part X, Line 2 SEMI is a not-for-profit trade association recognized by the IRS and FTB as exempt from federal and state income taxes in the United States. However, certain activities in other countries, such as trade shows, are subject to foreign income taxes on income generated in their respective jurisdictions. Accordingly, foreign income taxes are included in general and administrative expenses for international offices in the accompanying consolidated statements of activities and changes in net assets. The Organizations total gross unrecognized tax benefits are classified as non-current liabilities in the consolidated statements of financial position. As of December 31, 2013 and 2012, the total amount of gross unrecognized tax benefits was $824,102 and $708,761, respectively, which relates entirely to foreign taxes. The aggregate changes in the balance of gross unrecognized tax benefits, which includes interest and penalties, are as follows, in thousands: Balance as of January 1, 2013 $ 709 Increases related to tax positions taken during a prior period 115 ------ Balance as of December 31, 2013 $ 824 As of December 31, 2013, the Organization has analyzed the inventory of tax positions taken with respect to all applicable income tax issues for all open tax years (in each respective jurisdiction) including tax years ended December 31, 2010 through December 31, 2013 for US federal tax purposes and tax years ended December 31, 2009 through December 31, 2013 for California tax purposes (except with respect to the extent of net operating losses for which the statute is open for federal and California tax purposes from tax year December 31, 2001) and tax years ended December 31, 2003 through December 31, 2013 for foreign tax purposes. As of December 31, 2013 and 2012, the total amount of gross interest and penalties accrued was $477,121 and $412,661, respectively, related to foreign taxes, which is classified as non-current liabilities in the consolidated statements of financial position. The Organization does not anticipate a material change to its accrued unrecognized tax benefits in the twelve months following December 31, 2013. East Asia and the Pacific 1 15 Program Services trade show, stds, edu 15373006 Europe (Including Iceland and Greenland) Program Services trade show, stds, edu 2839184 Russia and the Newly Independent States Program Services trade show, stds, edu 616033 East Asia and the Pacific Investments 815608 Europe (Including Iceland and Greenland) Investments 37800 South Asia Investments 658213 1 15 1 15 20339844 20339844 true false true false false false X true true X X X X X true true false Dennis McGuirk President and CEO 482229 0 118750 0 6929 0 230239 0 16673 0 854820 0 118750 0 Richard Salsman CFO and VP Operations 336150 0 100060 0 80899 0 129535 0 28447 0 675091 0 100060 0 Jonathan Davis Global VP Advocacy 264214 0 66925 0 231471 0 74959 0 18992 0 656561 0 66925 0 Karen Savala President SEMI Americas 240834 0 84954 0 301019 0 71834 0 33958 0 732599 0 84954 0 Bettina Weiss VP Business Development 200638 0 54339 0 85256 0 60894 0 14543 0 415670 0 54339 0 Elizabeth Anderson VP Global Industry Workforce 197272 0 48507 0 502072 0 57734 0 17384 0 822969 0 48507 0 Thomas Salmon VP Member Services & Standards 179743 0 26429 0 121742 0 55326 0 30897 0 414137 0 0 0 Michael Droeger Director Product Marketing 123272 0 14498 0 67287 0 20438 0 14339 0 239834 0 0 0 John Friedlund Director Purchasing & Facility 131659 0 22544 0 53689 0 28346 0 33798 0 270036 0 0 0 Maureen McDonough Senior Director Global HR 156615 0 37200 0 2744 0 44659 0 14604 0 255822 0 0 0 Daniel Tracy Sr Dir Industry Rsrch & Stat. 150634 0 20000 0 82984 0 25070 0 30786 0 309474 0 0 0 Lisa VanHuystee Dir. Fin. Analysis & Planning 154111 0 27219 0 930 0 44657 0 26973 0 253890 0 27219 0 Stanley Myers Former President and CEO 0 0 0 0 276639 0 8208 0 2043 0 286890 0 0 0 Thomas Morrow EVP Global Emerging Markets 237065 0 66076 0 19250 0 75267 0 31873 0 429531 0 66076 0 Questions Regarding Compensation Part I Line 1a: The organization paid health club dues on behalf of Dennis McGuirk. The amount is not taxable, therefore it was not included in his W-2. Line 4a: The organization has a severance policy that covers all of its employees, including the listed individuals. The severance provision ranges from eight weeks to fifty-two weeks, depending on the level of position and the term of employment. Line 4b: The following individuals received nonqualified retirement payments that were included in compensation reported on Form 990, Part VII, Section A, LIne 1a, Column D: Richard Salsman $76,632 Jonathan Davis $229,406 Karen Savala $299,915 Bettina Weiss $84,536 Elizabeth Anderson $495,976 Thomas Salmon $120,595 Michael Droeger $66,821 John Friedlund $52,943 Daniel Tracy $82,046 Stanley Myers $9,000 Thomas Morrow $17,185 LINE 4B: THE FOLLOWING INDIVIDUAL PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN THAT WAS INCLUDED IN COMPENSATION ON FORM 990, PART VII, SECTION A, LINE 1A, COLUMN F. DENNIS MCGUIRK $73,500 Schedule J, Part II: Compensation reported on Schedule J, Part II, Column F represents amounts that were reported on prior years Form 990 as the benefit was accrued. These amounts are also reported on Schedule J, Part II, Column b(ii) as they were also reportable in the current year Form W-2 for the affected individuals. The amounts reported in Schedule J, Part II, Column F should be subtracted from the amount reported in Schedule J, Part II, Column E to arrive at the actual compensation for the current year. Organization's Members Form 990, Part VI, Section A, Line 6: SEMI members consist of corporations, companies, firms, or organizations, or departments or subdivisions thereof, whose interest or corporate objective is the field of semiconductor equipment, materials, or services; provided that such entities shall not become voting members except upon payment of such initiation fees as may be determined by the board of directors. Power of Members to Elect or Appoint One or More Members of Governing Body Form 990, Part VI, Section A, Line 7a: Each voting member in good standing is entitled to vote for the election of directors. Goverannce Decisions Reserved to Members Form 990, Part VI, Section A, Line 7b: Voting members have the power to amend the articles of incorporation and corporate bylaws of SEMI and may have other powers conferred by the nonprofit public benefit corporation law of the state of California. Form 990 Review Process Form 990, Part VI, Section B, Line 11a: Grant Thornton LLP and SEMI staff work together to gather the required tax information necessary to complete the tax returns. The initial draft return is reviewed by Grant Thornton and SEMI finance staff; items are discussed and reviewed. Recommended changes are reflected in the return and a draft tax return is prepared. The Finance Committee receives the final version of the tax return for review prior to filing. The Board has delegated monitoring and review of financial matters to the Finance Committee. Monitoring and Enforcement of Conflict of Interest Policy Form 990, Part VI, Section B, Line 12c: Annually, SEMI sends the code of conduct policy, which includes the conflict of interest policy, to all employees. All employees are required to review the policy and certify that they agree to abide by it. SEMI human resources audits the responses to ensure that all employees respond. Determination of Compensation for CEO, Officers, and Key Employees Form 990, Part VI, Section B, Lines 15a and 15b: In conjunction with the International Board of Directors meeting each year in Tokyo, Japan, the Board Compensation Committee meets with the President and CEO, CFO and Senior Director, Global Human Resources. Based upon salary survey information and the use of an independent compensation consultant, they present recommended merit increases on a regional basis for approval by the Board Compensation Committee. Once approved, the SEMI executive and staff merit increases are administered by functional leadership through the performance management system with final approval by the President and CEO. The CEO's annual compensation adjustment is discussed privately with the Board Compensation Committee, the CFO and the Senior Director, Human Resources. A review of the CEO's goals and accomplishments is accompanied by a recommended compensation adjustment based on independent salary surveys. The Board Compensation Committee then meets in closed session to review this information and determine an appropriate performance rating and the accompanying bonus and merit increase. Documents Made Available to the Public Form 990, Part VI, Section C, Line 19: SEMI makes its Forms 990 and 990T and audited financials available upon request. Reconciliation of Net Assets Form 990, Part XI, Line 9: Change in Translation Reserves $(320,691) Change in Pension Accrual $1,879,301 ---------- Total $1,558,610 SEMI Foundation 3081 Zanker Road San Jose CA 95134 300155873 Edu Programs CA 501(c)(3) 7 SEMI true See Part VII true true false true true false false false false false false true true true true false false false false SEMI Management Consulting (Shanghai) Co LTD m 3077102 Cost SEMI Advanced Technology Germany GMBH m 1658680 Cost SEMI Japan YK m 144682 Cost SEMI Japan YK l 1951014 Cost SEMI Japan YK a 1342965 Cost SEMI Japan YK d 3841071 Cost SEMI Japan YK e 139486 Cost SEMI Advanced Technology Association of Korea m 1438488 Cost SEMI Singapore PTE LTD l 452623 Cost SEMI Singapore PTE LTD d 1045261 Cost SEMI Foundation o 72792 Cost Identification of Related Organizations Taxable as a Corporation or Trust Schedule R, Part IV: The following organizations are related to the filing organization: SEMI Japan Y.K. 4-7-15 Kudan-Minami Chiyoda-Ku Tokyo, 102-0074, Japan Col (B): Primary Activity - Trade Association Col (C): Legal Domicile - JA Col (D): Direct Controlling Entity Name - SEMI Col (E): Type of Entity - C Corporation Col (F): Share of Total Income - $(976,031) Col (G): Share of End-of-Year Assets - $5,975,648 Col (H): Percentage Ownership - 100% Col (I): Section 512(b)(13) Controlled Entity - Yes SEMI Singapore PTE Ltd 161 Lavender Street #04-04 Singapore 338750 Col (B): Primary Activity - Trade Association Col (C): Legal Domicile - SN Col (D): Direct Controlling Entity Name - SEMI Col (E): Type of Entity - C Corproation Col (F): Share of Total Income - $(291,669) Col (G): Share of End-of-Year Assets - $1,771,866 Col (H): Percentage Ownership - 100% Col (I): Section 512(b)(13) Controlled Entity - Yes SEMI Management Consulting (Shanghai) Co., Ltd. 2F, Building 1, 1158 Zhangdong Road, Pudong Shanghai, China 201203 Col (B): Primary Activity - Trade Association Col (C): Legal Domicile - CH Col (D): Direct Controlling Entity Name - SEMI Col (E): Type of Entity - C Corporation Col (F): Share of Total Income - $306,428 Col (G): Share of End-of-Year Assets - $1,265,434 Col (H): Percentage Ownership - 100% Col (I): Section 512(b)(13) Controlled Entity - Yes SEMI Tech Services India Private Limited DBS House, Suite #217 26, Cunningham Road Bangalore, India 560052 Col (B): Primary Activity - Trade Association Col (C): Legal Domicile - IN Col (D): Direct Controlling Entity Name - SEMI Col (E): Type of Entity - C Corporation Col (F): Share of Total Income - $(138,643) Col (G): Share of End-of-Year Assets - $80,925 Col (H): Percentage Ownership - 100% Col (I): Section 512(b)(13) Controlled Entity - Yes SEMI Advanced Technology Association of Korea Korea World Trade Tower 4205, 159-1, Samsung-Dong, Kangnam-Ku Seoul, Korea 135-729 Col (B): Primary Activity - Trade Association Col (C): Legal Domicile - KS Col (D): Direct Controlling Entity Name - SEMI Col (E): Type of Entity - C Corporation Col (F): Share of Total Income - $140,409 Col (G): Share of End-of-Year Assets - $1,785,593 Col (H): Percentage Ownership - 100% Col (I): Section 512(b)(13) Controlled Entity - Yes SEMI Advanced Technology Germany GMBH Helmholtzstrasse 2-9, Charlottenburg Berlin, Germany 10587 Col (B): Primary Activity - Trade Association Col (C): Legal Domicile - GM Col (D): Direct Controlling Entity Name - SEMI Col (E): Type of Entity - C Corporation Col (F): Share of Total Income - $85,052 Col (G): Share of End-of-Year Assets - $487,061 Col (H): Percentage Ownership - 100% Col (I): Section 512(b)(13) Controlled Entity - Yes