Nonprofit · EIN 94-1751440
SEMI
Tax-exempt · MILPITAS, CA 95035
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $108,857,917 | $82,287,853 | $26,570,064 | $145,321,053 | $55,752,400 | $89,568,653 |
| December 31, 2023 | 990 | $75,102,384 | $58,885,725 | $16,216,659 | $125,561,245 | $65,237,724 | $60,323,521 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $11,788,762
- of which government grants
- $11,788,762
- Program service revenue
- $87,081,203
- Investment income
- $3,721,287
- Royalties
- $4,268,252
- Other revenue
- $6,266,665
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $8,385,055
- Other salaries and wages
- $16,665,783
- Salaries, compensation and benefits (total)
- $29,782,756
- Professional fundraising fees
- $0
- Legal fees
- $1,038,838
- Accounting fees
- $444,044
- Occupancy
- $5,612,296
- Travel
- $1,352,001
- Depreciation
- $452,271
Balance sheet and other
- Total assets, start of year
- $125,561,245
- Total assets, end of year
- $145,321,053
- Total liabilities, end of year
- $55,752,400
- Net assets, end of year
- $89,568,653
- Land, buildings and equipment
- $1,223,974
- Net assets without donor restrictions
- $89,568,653
- Gross unrelated business income
- $65,300
- Gross receipts
- $108,857,917
- Employees
- 62
- Volunteers
- 8,000
- Year formed
- 1970
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ajit Manocha | President & CEO Trustee or director, Officer | 40 | $1,756,592 | $1,473,321 |
| Kevin Bauer | CFO, Business Operations Officer | 40 | $773,540 | $623,583 |
| Bettina Weiss | Chief of Staff & Corporate Str Officer | 40 | $530,014 | $383,186 |
| Melissa Grupen-Shemansky | VP, Technology Communities Officer | 40 | $516,460 | $340,501 |
| John M Cooney | VP, Global Public Policy & Adv Officer | 40 | $519,379 | $302,642 |
| Shari Liss | Executive Director, SEMI Found Highest-paid employee | 8 | $452,911 | $308,239 |
| Geraldine tan | VP, Finance Highest-paid employee | 40 | $468,662 | $292,353 |
| Joseph Stockunas | President, SEMI Americas Officer | 40 | $485,927 | $183,350 |
| Vicki L Jeska | SR. Director. Global Human Res Highest-paid employee | 40 | $366,450 | $214,267 |
| Mousumi Bhat | VP, SEMI Global Sustainability Officer | 40 | $465,064 | $31,496 |
| Olivier Naimi | Project Director, Digital Tran Highest-paid employee | 40 | $306,579 | $143,379 |
| Tim Brosnihan | Executive Director, MSIG Highest-paid employee | 40 | $376,249 | $48,596 |
| Mary G Puma | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Tien Wu | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Bertrand Loy | Past Chair Trustee or director, Officer | 1 | $0 | $0 |
17 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tim Archer | Trustee Trustee or director | 1 | $0 |
| Masao Asami | Trustee Trustee or director | 1 | $0 |
| Kai Beckmann | Trustee Trustee or director | 1 | $0 |
| Doris Hsu | Trustee Trustee or director | 1 | $0 |
| Eric Johnson | Trustee Trustee or director | 1 | $0 |
| Toshiki Kawai | Trustee Trustee or director | 1 | $0 |
| Jon Kemp | Trustee Trustee or director | 1 | $0 |
| Chun Hyuk Lee | Trustee Trustee or director | 1 | $0 |
| Yong Han Lee | Trustee Trustee or director | 1 | $0 |
| Sue Lin | Trustee Trustee or director | 1 | $0 |
| Benjamin Loh | Trustee Trustee or director | 1 | $0 |
| Daisuke Murata | Trustee Trustee or director | 1 | $0 |
| Kyu Dong Sung | Trustee Trustee or director | 1 | $0 |
| Kazuo Ushida | Trustee Trustee or director | 1 | $0 |
| Yoshiaki Yoshida | Trustee Trustee or director | 1 | $0 |
| Jinrong Zhao | Trustee Trustee or director | 1 | $0 |
| Li Zheng | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AJIT MANOCHA | PRESIDENT & CEO Trustee or director, Officer | 40 | $1,297,516 | $1,422,015 |
| KEVIN BAUER | CFO, BUSINESS OPERATIONS O Officer | 40 | $589,921 | $591,410 |
| BETTINA WEISS | CHIEF OF STAFF Key employee | 40 | $445,957 | $349,557 |
| JOHN M COONEY | VP, GLOBAL PUBLIC POLICY & ADVOCACY Key employee | 40 | $465,352 | $296,411 |
| MELISSA GRUPEN-SHEMANSKY | VP, TECHNOLOGY COMMUNITIES Key employee | 40 | $412,775 | $325,349 |
| MOUSUMI BHAT | VP, SUSTAINABILITY PROGRAMS Key employee | 40 | $401,083 | $303,801 |
| JOSEPH STOCKUNAS | PRESIDENT, SEMI AMERICAS Key employee | 40 | $370,488 | $297,613 |
| GERALDINE TAN | VP, FINANCE Highest-paid employee | 40 | $328,123 | $280,077 |
| SHARI LISS | EXECUTIVE DIRECTOR, SEMI F Highest-paid employee | 8 | $338,496 | $263,724 |
| TIM BROSNIHAN | EXECUTIVE DIRECTOR, MSIG Highest-paid employee | 40 | $337,980 | $225,380 |
| VICKI JESKA | SR. DIRECTOR, GLOBAL HUMAN RESOURCES Highest-paid employee | 40 | $264,228 | $218,828 |
| OLIVIER NAIMI | PROJECT DIRECTOR, DIGITAL TRANSFORMATION Highest-paid employee | 40 | $295,613 | $138,204 |
| BERTRAND LOY | PAST CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHUN HYUK LEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAISUKE MURATA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DORIS HSU | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC JOHNSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JINRONG ZHAO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JON D KEMP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAZUO USHIDA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KYU DONG SUNG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LI ZHENG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARY G PUMA | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MIKE ALLISON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUE LIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TIEN WU | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TIM ARCHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TOSHIKI KAWAI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| YONG HAN LEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 673 S MILPITAS BLVD, MILPITAS, CA 95035-5473
- In care of
- % KEVIN BAUER
- Principal officer (990 for 2024)
- Ajit Manocha, 673 South Milpitas Boulevard, Milpitas, CA 950355473
- Signed the 990
- Kevin Bauer, CFO & Bus. Operation
- Phone
- (408) 943-6900
- Website
- HTTP://www.SEMI.org
- Return prepared by
- BDO USA
California records
California keeps its own records of charities and corporations. Search them by EIN 94-1751440 or by the name SEMI.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SEMI IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO PROMOTE AND SUPPORT THE GLOBAL ELECTRONICS SUPPLY CHAIN. SEMI MEMBERS CONSIST OF CORPORATIONS, COMPANIES, FIRMS, OR ORGANIZATIONS, OR DEPARTMENTS OR SUBDIVISIONS THEREOF, WHOSE INTEREST OR CORPORATE OBJECTIVE IS IN THE GLOBAL ELECTRONICS SUPPLY CHAIN 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.
Program accomplishments
- SEMI'S PROGRAM IS TO SUPPORT THE GLOBAL ELECTRONICS SUPPLY CHAIN THROUGH TRADE SHOWS, CONFERENCES, SEMINARS, DEVELOPMENT OF INDUSTRY STANDARDS, ALONG WITH THE PUBLICATION OF MARKET AND INDUSTRY RESEARCH REPORTS. SEMI'S MARKET AND INDUSTRY RESEARCH REPORTS INCLUDE WORLD FAB FORECAST AND CAPITAL EQUIPMENT CONSENSUS FORECASTS. SEMI PARTNERS WITH A VARIETY OF ORGANIZATIONS TO DELIVER TECHNICAL CONTENT COVERING WAFER FABRICATION, ASSEMBLY, ADVANCE PACKAGING, YIELD IMPROVEMENT, METROLOGY, SEMICONDUCTOR PHYSICS, IC DESIGN, OPTICS, RELIABILITY, MEMS, LED, PV, AND FLEXIBLE HYBRID ELECTRONICS.ADDITIONALLY, SEMI FOCUSES ON THE EXTENDED SUPPLY CHAIN'S KEY CHALLENGES IN WORKFORCE DEVELOPMENT, SUSTAINABILITY, GLOBAL ADVOCACY AND SUPPLY CHAIN REDESIGN BY DELIVERING NEW PROGRAMS AND ORGANIZING INDUSTRY WORKING GROUPS TO JOINTLY FIND SOLUTIONS THROUGH COLLABORATION.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-1751440
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1972
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $145,321,053
- Income (IRS master file)
- $108,857,917
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $108,857,917 | $82,287,853 | $145,321,053 | XML |
| 990 | December 2023 | $75,102,384 | $58,885,725 | $125,561,245 | XML |
| 990 | December 2022 | $62,669,515 | $57,002,114 | $97,438,240 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-1751440).
Questions about SEMI
- What is the EIN of SEMI?
- The employer identification number (EIN) of SEMI is 94-1751440.
- Is SEMI tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1972.
- Are donations to SEMI tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SEMI file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SEMI due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SEMI last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SEMI?
- The 990 for the year ended December 31, 2024 names Ajit Manocha.
- Who are the officers and directors of SEMI?
- The 990 for the year ended December 31, 2024 lists 32 people; 12 received compensation from the organization, the highest $1,756,592 (Ajit Manocha, President & CEO).
- How much revenue does SEMI have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $108,857,917, expenses of $82,287,853 and total assets of $145,321,053 at year end.
Other nonprofits in MILPITAS
- HUMANE SOCIETY SILICON VALLEY EIN 94-1196215 · last filed 990 for 2025
- SANKARA EYE FOUNDATION USA EIN 77-6141976 · last filed 990 for 2024
- SOBRATO EARLY ACADEMIC LANGUAGE PROGRAM EIN 82-1426126 · last filed 990 for 2025
- ABODE PROPERTY MANAGEMENT EIN 94-2650901 · last filed 990 for 2024
- SANTA CLARA COUNTY ELECTRICAL JATC EIN 94-2324608 · last filed 990 for 2025
- TSINGHUA EDUCATION FOUNDATION N A INC EIN 52-2073001 · last filed 990 for 2025
- SILICON ANDHRA EIN 77-0578707 · last filed 990 for 2025
- INDIA COMMUNITY CENTER INC EIN 52-2351119 · last filed 990 for 2024