2012-11-08T12:17:48-06:00 2011-12-31 GRANT THORNTON LLP 150 ALMADEN BLVD SUITE 600 SAN JOSE CA 95113 990 2011-01-01 941751440 Semiconductor Equipment & Materials Intl % RICHARD SALSMAN SEMI 4089436900 3081 Zanker Road San Jose CA 95134 RICHARD SALSMAN 2012-11-01 true BETH LONDYNSKY 4082759000 2011 2016-02-24 21:20:13Z Dennis McGuirk 3081 Zanker Road San Jose CA 95134 42686829 false X www.semi.org X 1970 CA Semiconductor Equipment and Materials International (Semi) is a not-for profit organization formed to promote and support the semiconductor equpment and materials industry. 18 18 95 19 230091 -237047 0 0 31550694 38295010 94113 192761 4017819 4199058 35662626 42686829 0 0 0 0 15360931 12846346 0 0 0 23872497 25699125 39233428 38545471 -3570802 4141358 50083239 54632249 31505619 31756436 18577620 22875813 SEMICONDUCTOR EQUIPMENT AND MATERIALS INTERNATIONAL (SEMI) IS A NOT-FOR PROFIT ORGANIZATION FORMED TO PROMOTE AND SUPPORT THE SEMICONDUCTOR EQUIPMENT AND MATERIALS INDUSTRY. false false 38545471 41663945 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 provider 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. 38545471 false false false true false false false false false true false false false 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 56 0 true 95 true true true true BE CH GM IN JA KS RS SN TW false false false false X 18 18 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 X Richard Wallace 1.0 X X 0 0 0 Douglas A Neugold 1.0 X X 0 0 0 Andre-Jacques Auberton Herve 1.0 X X 0 0 0 Susumu Kohyama 1.0 X 0 0 0 Osamu Nakamura 1.0 X 0 0 0 Stephen Newberry 1.0 X 0 0 0 Yong Han Lee 1.0 X 0 0 0 Toshio Maruyama 1.0 X 0 0 0 Mary G Puma 1.0 X 0 0 0 Gerhard Rauter 1.0 X 0 0 0 Zhenrong Shi PhD 1.0 X 0 0 0 Michael Splinter 1.0 X 0 0 0 Kiyoshi Tom Togawa 1.0 X 0 0 0 Way Tu 1.0 X 0 0 0 Kazuo Ushida 1.0 X 0 0 0 Eicke R Weber 1.0 X 0 0 0 Tetsuo Tom Tsuneishi 1.0 X 0 0 0 Ho-Ming Tong 1.0 X 0 0 0 David B Miller 1.0 X Stanley T Myers 40.0 X 1240573 0 294953 Richard Salsman 40.0 X 295704 0 152606 Dennis McGuirk 40.0 X 73077 0 43942 Jonathan Davis 40.0 X 254668 0 137606 Karen Savala 40.0 X 245719 0 118790 Thomas Morrow 40.0 X 226935 0 115555 R Randall Hoffman 40.0 X 211122 0 111887 Bettina Weiss 40.0 X 206388 0 88205 Lisa Anderson 40.0 X 198314 0 94723 Geraldine Tan 40.0 X 173268 0 39490 Gia Carunchio 40.0 X 153089 0 49362 Ray Morgan 40.0 X 149386 0 56380 Gene Escober 40.0 X 136874 0 76363 Daniel Tracy 40.0 X 143226 0 76462 Paul Davis 0.0 X 698080 0 6038 Alfred W Drumm 0.0 X 325425 0 0 Daniel Martin 0.0 X 306688 0 0 Gilbert McInness III 0.0 X 145055 0 0 John Ellis 0.0 X 140381 0 0 5323972 0 1462362 37 true true false GRANT THORNTON LLP P O box 51552 LOS ANGELES CA 90051 Accounting services 462434 DLA PIPER LLP US PO BOX 64029 BALTIMORE MD 212644029 legal services 197106 Centerbeam Inc PO BOX 847037 DALLAS TX 752847037 IT outsourcing 194398 Standards Technology Group P O Box 1525 WILLISTION VT 05495 standards management 180994 HEIDRICK STRUGGLES 1133 PAYSPHERE CIRCLE CHIGAGO IL 606741010 Executive search 168554 11 0 TRADESHOWS 541900 27254730 27254730 MEMBERSHIP DUES 541900 6003353 6003353 CONFERENCES 541900 1585944 1585944 SPONSORSHIP INCOME 541900 1727634 1727634 PUBLICATION 541900 1723349 1723349 38295010 192761 192761 0 2601511 2601511 0 0 0 0 ADVERTISING 541800 230091 230091 OTHER INCOME 900099 600032 600032 RELATED TRADE ASSOCIATION REIMBURSEMENT 900099 767424 767424 1597547 42686829 41663945 230091 792793 0 0 0 0 4051768 0 7202217 77279 814040 701042 0 258925 448484 0 0 0 614655 263351 520981 275108 0 2276421 1152215 0 10878570 0 0 997371 277774 MANAGEMENT FEE 5064714 REPAIRS AND MAINTENANCE 918917 TAXES 346573 DUES AND SUBSCRIPTIONS 328782 1076284 38545471 0 0 31240602 41573045 0 0 9435191 4976754 0 0 0 0 0 0 0 0 4489565 4573908 10899327 9308368 2253903 1590959 0 0 2663978 1917583 0 0 0 0 0 0 50083239 54632249 11038751 9374473 0 0 2003014 2245980 0 0 0 0 0 0 0 0 0 0 18463854 20135983 31505619 31756436 X 18577620 22875813 0 0 0 0 18577620 22875813 50083239 54632249 X 4141358 156835 X false true true X false false false true 2100808 473651 61180 534831 420162 114669 564963 366022 198941 2612624 2455422 157202 2964328 2642932 321396 4757412 3843992 913420 1590959 0 ADVANCE DEPOSITS 12431342 POST-RETIREMENT BENEFITS 7018000 TAX PAYABLE 686641 20135983 FIN 48 FOOTNOTE PART X Line 2: SEMI is a not-for-profit trade association recognized by the IRS and the 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 Organization's total gross unrecognized tax benefits are classified as non-current liabilities in the consolidated statements of financial position. As of December 31, 2011 and 2010, the total amount of gross unrecognized tax benefits was $576,485 and $513,777, which relates entirely to foreign taxes. The aggregate changes in the balance of gross unrecognized tax benefits, which includes interest and penalties, for the year ended December 31, 2011, are as follows, in thousands: Balance as of January 1, 2011 $ 514 Increases related to tax positions taken during a prior period 63 Decreases related to tax settlements 0 ------- Balance as of December 31, 2011 $ 577 As of December 31, 2011, 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, 2006 through December 31, 2010 for US federal tax purposes and tax years ended December 31, 2005 through December 31, 2010 for California tax purposes and tax years ended December 31, 2003 through December 31, 2010 for foreign tax purposes. As of December 31, 2011 and 2010, the total amount of gross interest and penalties accrued was $369,764 and $307,057 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, 2011. East Asia and the Pacific 1 15 Program Services trade show, stds, edu 12716700 Europe (Including Iceland and Greenland) 1 3 Program Services trade show, stds, edu 3361611 Russia and the Newly Independent States 1 1 Program Services trade show, stds, edu 699912 Europe (Including Iceland and Greenland) Investments 37800 East Asia and the Pacific Investments 1126031 3 19 3 19 17942054 17942054 true false true false false false X X X true true X X X X X true true false Stanley T Myers 516359 0 0 0 724214 0 263991 0 30962 0 1535526 0 0 0 Richard Salsman 258536 0 34000 0 3168 0 126814 0 25792 0 448310 0 34000 0 Jonathan Davis 253564 0 0 0 1104 0 122747 0 14859 0 392274 0 0 0 Karen Savala 244615 0 0 0 1104 0 90155 0 28635 0 364509 0 0 0 Thomas Morrow 224871 0 0 0 2064 0 90511 0 25044 0 342490 0 0 0 R Randall Hoffman 205026 0 0 0 6096 0 82691 0 29196 0 323009 0 0 0 Bettina Weiss 191640 0 14000 0 748 0 74978 0 13227 0 294593 0 14000 0 Lisa Anderson 184024 0 11000 0 3290 0 74418 0 20305 0 293037 0 11000 0 Paul Davis 49566 0 0 0 648514 0 6038 0 0 0 704118 0 0 0 Alfred W Drumm 0 0 0 0 325425 0 0 0 0 0 325425 0 0 0 Daniel Martin 36692 0 0 0 269996 0 0 0 0 0 306688 0 0 0 Gilbert McInness III 12740 0 0 0 132315 0 0 0 0 0 145055 0 0 0 John Ellis 0 0 0 0 140381 0 0 0 0 0 140381 0 0 0 Geraldine Tan 114795 0 0 0 58473 0 26197 0 13293 0 212758 0 0 0 Gia Carunchio 152706 0 0 0 383 0 36415 0 12947 0 202451 0 0 0 Ray Morgan 148828 0 0 0 558 0 31668 0 24712 0 205766 0 0 0 Gene Escober 136533 0 0 0 341 0 29615 0 46748 0 213237 0 0 0 Daniel Tracy 142661 0 0 0 565 0 44714 0 31748 0 219688 0 0 0 QUESTIONS REGARDING COMPENSATION PART I LINE 1A: THE ORGANIZATION PAID SOCIAL CLUB DUES ON BEHALF OF THE FOLLOWING INDIVIDUAL, WHICH IS INCLUDED IN COMPENSATION ON FORM 990, PART VII, SECTION A, LINE 1A, COLUMN F. STANLEY T. MYERS $ 1,817 LINE 1A: THE FOLLOWING INDIVIDUAL RECEIVED A HOUSING ALLOWANCE AND TAX INDEMNIFICATION PAYMENT RELATED TO HER EXPATRIATE ASSIGNMENT THAT IS INCLUDED IN COMPENSATION ON FORM 990, PART VII, SECTION A, LINE 1A, COLUMN D. GERALDINE TAN $ 58,237 LINE 4A: THE FOLLOWING INDIVIDUALS RECEIVED A SEVERANCE PAYMENT THAT IS INCLUDED IN COMPENSATION ON FORM 990, PART VII, SECTION A, LINE 1A, COLUMN D. DANIEL MARTIN $269,996 GILBERT MCINNESS III $108,970 JOHN ELLIS $140,353 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. STANLEY T MYERS $712,875 PAUL DAVIS $648,514 ALFRED W DRUMM $325,425 GILBERT MCINNESS III $ 23,345 THE FOLLOWING INDIVIDUALS PARTICIPATED IN NONQUALIFIED RETIREMENT PLANS THAT WERE INCLUDED IN COMPENSATION REPORTED ON FORM 990, PART VII, SECTION A, LINE 1A, COLUMN F. STANLEY T MYERS $ 79,191 RICHARD SALSMAN $ 22,871 JONATHAN DAVIS $ 21,596 KAREN SAVALA $ 19,493 THOMAS MORROW $ 19,493 R RANDALL HOFFMAN $ 17,776 BETTINA WEISS $ 16,031 LISA ANDERSON $ 16,027 PAUL DAVIS $ 6,038 GIA CARUNCHIO $ 12,651 DANIEL TRACY $ 12,475 GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI 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. LINE 7A: EACH VOTING MEMBER IN GOOD STANDING IS ENTITLED TO VOTE FOR THE ELECTION OF DIRECTORS. 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. 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. 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. LINE 15A AND 15B: THE BOARD COMPENSATION COMMITTEE REVIEWS THE ANNUAL EXECUTIVE COMPENSATION RANGES AND THE MARKET ADJUSTMENTS RECOMMENDED BY THE PRESIDENT AND CEO FOR HIS EXECUTIVE TEAM. THIS EXECUTIVE COMPENSATION PROGRAM REVIEW IS TYPICALLY MADE EACH DECEMBER AT THE INTERNATIONAL BOARD MEETING IN TOKYO, JAPAN. DUE TO SCHEDULING CONFLICTS IN DECEMBER 2010, THE COMPENSATION COMMITTEE MEETING WAS DELAYED UNTIL MARCH 2011 IN CONNECTION WITH SEMICON CHINA. AT THAT TIME, THE COMMITTEE WAS NOTIFIED OF CHANGES THAT WOULD BE EFFECTIVE APRIL 1, 2011. THIS NOTIFICATION INCLUDED THE AVERAGE MERIT INCREASE FOR NON-EXECUTIVE EMPLOYEES BY REGION IN ADDITION TO THE EXECUTIVE TEAM. NO INCENTIVE PAYOUT WAS AWARDED FOR 2010. DURING 2011 THE BOARD FORMED A NOMINATING COMMITTEE TO SEARCH FOR A NEW PRESIDENT AND CEO. THE NOMINATING COMMITTEE, WITH SUPPORT FROM THE VICE PRESIDENT, GLOBAL HUMAN RESOURCES AND HEIDRICK & STRUGGLES, CONCLUDED THE SEARCH WITH THE HIRING OF A NEW PRESIDENT AND CEO EFFECTIVE NOVEMBER 2011 FOLLOWING THE UNANIMOUS APPROVAL OF THE BOARD. THE COMMITTEE ALSO APPROVED A SEPARATION PACKAGE FOR THE OUTGOING PRESIDENT AND CEO. THE CEO'S ANNUAL COMPENSATION ADJUSTMENT IS DISCUSSED PRIVATELY WITH THE BOARD COMPENSATION COMMITTEE AND THE VICE PRESIDENT, GLOBAL HUMAN RESOURCES. AN AFFIDAVIT AND/OR OTHER SALARY SURVEY DOCUMENTATION ARE PROVIDED TO THE BOARD COMPENSATION COMMITTEE FROM AT LEAST TWO INDEPENDENT INTERNATIONAL COMPENSATION CONSULTANTS, SUGGESTING THAT THE PROPOSED CEO SALARY RECOMMENDATION IS REASONABLE. WHEN REQUESTED, A COMPENSATION CONSULTANT WILL COMMUNICATE DIRECTLY WITH THE BOARD COMPENSATION COMMITTEE. IN THE DECEMBER 2011 BOARD COMPENSATION COMMITTEE MEETING, THE FORMER CEO'S INCENTIVE WAS REVIEWED AND APPROVED, ALONG WITH THE 2011 INCENTIVE POOL FOR ALL SEMI EMPLOYEES. LINE 19: SEMI MAKES ITS FORMS 990 AND 990T AND AUDITED FINANCIALS AVAILABLE UPON REQUEST. RECONCLIATION OF NET ASSETS PART XI LINE 5: THE OTHER CHANGES IN NET ASSETS OR FUND BALANCE CONSISTS OF THE FOLLOWING: CHANGE IN TRANSLATION RESERVES $ (212,940) UNREALIZED GAIN 369,775 --------- TOTAL OTHER CHANGES IN NET ASSETS OR FUND BALANCE $ 156,835 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Richard Wallace TITLE:Chairman - Part Year HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Douglas A Neugold TITLE:Chairman HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Stanley T Myers TITLE:President and CEO - Part Year HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Richard Salsman TITLE:CFO and EVP Global Alliances HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Dennis McGuirk TITLE:President and CEO HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Lisa Anderson TITLE:VP Global Industry Workforce HOURS:2 SEMI Foundation 3081 Zanker Road San Jose CA 95134 300155873 EDU PROGRAMS CA 501(c)(3) 7 NA false SEE PART VII true true false true true false false false false false true true true true false false false false SEMI Japan YK A 2601511 Cost SEMI Tech Services India Private Limited B 105701 Cost SEMI Japan YK K 2396969 Cost SEMI Singapore Pte Ltd K 426851 Cost SEMI Japan YK L 164716 Cost SEMI Management Consulting (Shanghai) Co Ltd L 2529046 Cost SEMI Singapore Pte Ltd L 112545 Cost SEMI Advanced Technology Germany GMBH L 1368610 Cost SEMI Advanced Technology Association of Korea L 1175378 Cost SEMI Foundation N 69466 Cost SEMI Tech Services India Private Limited E 358063 Cost SEMI Japan YK D 8357931 Cost SEMI Japan YK E 117663 Cost SEMI Sinapore Pte Ltd D 300127 Cost SEMI Singapore Pte Ltd E 2237805 Cost IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS A CORPORATION OR TRUST PART IV THE FOLLOWING ORGANIZATIONS LISTED BELOW 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 - N/A COL (E): TYPE OF ENTITY - C CORPORATION COL (F): SHARE OF TOTAL INCOME - $(215,106) COL (G): SHARE OF END-OF-YEAR ASSETS - $11,464,978 COL (H): PERCENTAGE OWNERSHIP - 100% 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 - N/A COL (E): TYPE OF ENTITY - C CORPORATION COL (F): SHARE OF TOTAL INCOME - $(140,650) COL (G): SHARE OF END OF-YEAR ASSETS - $4,060,060 COL (H): PERCENTAGE OWNERSHIP - 100% SEMI MANAGEMENT CONSULTING (SHANGHAI) CO., LTD. ROOM 201, BLDG 2, 295 ZUCHONGZHI RD. ZHANGJIANG HI-TECH PARK, PUDONG SHANGHAI, CHINA 201203 COL (B): PRIMARY ACTIVITY - TRADE ASSOCIATION COL (C): LEGAL DOMICILE - CH COL (D): DIRECT CONTROLLING ENTITY NAME - N/A COL (E): TYPE OF ENTITY - C CORPORATION COL (F): SHARE OF TOTAL INCOME - $84,443 COL (G): SHARE OF END-OF YEAR ASSETS - $ 1,164,718 COL (H): PERCENTAGE OWNERSHIP - 100% 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 - N/A COL (E): TYPE OF ENTITY - C CORPORATION COL (F): SHARE OF TOTAL INCOME - $(107,989) COL (G): SHARE OF END-OF YEAR ASSETS - $273,732 COL (H) PERCENTAGE OWNERSHIP - 100% SEMI ADVANCED TECHNOLOGY ASSOCIATION OF KOREA KOREA WORLD TRADE TOWER 4005, 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 - N/A COL (E): TYPE OF ENTITY - C CORPORATION COL (F): SHARE OF TOTAL INCOME - $124,043 COL (G): SHARE OF END-OF YEAR ASSETS - $1,148,992 COL (H): PERCENTAGE OWNERSHIP - 100% 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 - N/A COL (E): TYPE OF ENTITY - C CORPORATION COL (F): SHARE OF TOTAL INCOME - $58,120 COL (G): SHARE OF END-OF YEAR ASSETS - $201,268 COL (H): PERCENTAGE OWNERSHIP - 100%