Semiconductor Industry Association FY2020 filing

Not tax-deductible

Washington, DC501(c)(6)Since 1977EIN 94-2437024

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The Semiconductor Industry Association (sia) is the voice of the Semiconductor Industry, one of america's top export industries and a key driver of america's economic strength, national security, and global competitiveness. Semiconductors the tiny chips that enable modern technologies have helped give rise to incredible products and services that have transformed our lives and our economy. The Semiconductor Industry directly employs nearly a quarter of a million people in the u.s. Sia members account for nearly 95 percent of all u.s. Semiconductor Industry sales. Through this coalition, sia seeks to strengthen leadership of Semiconductor manufacturing, design, and research by working with congress, the administration, and key Industry stakeholders to encourage policies that fuel innovation, propel business, and drive international competition.

$3.0M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $835K a year · 6% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$3.0M
to officers and key staff · 34% of spending
Concern: pay to officers and key staff is 34% of spending; over 30%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6.1M
51% of total assets
Fine: liabilities are 51% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.5M
Spent
$8.9M
Net assets
$5.8M
By yearFY2020–FY2024
Revenue
$9.5M
FY2020
Revenue by fiscal year
FY2020$9.5M
FY2021$11.0M
FY2022$12.6M
FY2023$15.9M
FY2024$16.0M
Expenses
$8.9M
FY2020
Expenses by fiscal year
FY2020$8.9M
FY2021$10.1M
FY2022$12.5M
FY2023$14.6M
FY2024$14.7M
Net assets
$5.8M
FY2020
Net assets by fiscal year
FY2020$5.8M
FY2021$6.6M
FY2022$6.7M
FY2023$8.0M
FY2024$9.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

30 people listed on the 990; $3.0M paid to officers and key staff.

Part VII, Section A · reportable compensation
$835,296Pt VII · Sec A
VP, Global Policy
$486,211Pt VII · Sec A
VP, Government Relations
$482,222Pt VII · Sec A
Director, Government Affairs
$225,055Pt VII · Sec A
Director, Government Affairs
$222,948Pt VII · Sec A
Director, Global Policy
$199,447Pt VII · Sec A
Director, Communications
$195,232Pt VII · Sec A
$194,500Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John Neuffer$1,283,933$1,148,061$1,488,197$982,611$835,296
David Isaacs$787,448$708,825$987,058$584,794$482,222
Jimmy Goodrich—$544,710$774,143$570,094$486,211
Mary Thornton$625,089$249,799———
Dan Rosso$314,378————
Molly O'Leary$303,328$292,029$162,961——
Daniel Rosso—$278,335$296,592$226,101$195,232
Zach Isakowitz$253,900————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Semiconductor Industry Association executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advocates for the semiconductor industry, driving innovation and economic strength.

Provided by the organization

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1 program · in their own filed words · FY2020
01

Global Policy

Support of access to foreign markets, non-discriminatory and market-based trade policies, and strong protection of intellectual PROPERTY.ADVOCACY - 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…

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$9.5M
Ln 12
Fees for servicesLn 2g$9.4M
Investment incomeLn 3$120K
Other incomeLn 4–11$4K
Money outPt IX
$8.9M
Ln 25
Owns and owesPt X
$5.8M
net assets · Ln 32
Cash and savingsLn 1–2$7.5M
Total assetsLn 16$11.9M
LiabilitiesLn 26$6.1M
PeoplePt VI, VII
30
listed · VII A
PaidVII A9
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$9.4M
Investment incomeLn 3$120K
Other incomeLn 4–11$4K
Total revenueLn 12$9.5M
Assets in detailPt X, end of year
CashLn 1$3.0M
SavingsLn 2$4.5M
Cash and savings togetherLn 1–2$7.5M
InvestmentsLn 11–13$3.6M
Land, buildings, equipmentLn 10c$580K
Other assetsLn 15$60K
Total assetsLn 16$11.9M
LiabilitiesLn 26$6.1M
Net assetsLn 32$5.8M
OperationsPt I, VI
EmployeesI 513
VolunteersI 621
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$5.0M$7.5M
InvestmentsLn 11–13$3.5M$3.6M
Land, buildings, equipmentLn 10c$500K$580K
Total assetsLn 16$9.4M$11.9M
LiabilitiesLn 26$4.2M$6.1M
Net assetsLn 32$5.1M$5.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K
Pay of current officers, directors and key staffLn 5$2.2M
Other salaries and wagesLn 7$1.7M
Pension plan contributionsLn 8$127K
Other employee benefitsLn 9$159K
Payroll taxesLn 10$167K
Legal feesLn 11b$588K
Accounting feesLn 11c$35K
Other fees for servicesLn 11g$2.1M
Advertising and promotionLn 12$75K
Office expensesLn 13$166K
Information technologyLn 14$155K
RoyaltiesLn 15$144K
OccupancyLn 16$387K
TravelLn 17$48K
Conferences, conventions and meetingsLn 19$477K
Depreciation, depletion and amortizationLn 22$93K
InsuranceLn 23$55K
Other expenses (24a–d)Ln 24$250K
Total functional expensesLn 25$8.9M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $16.0M$14.7M$1.3M$9.3M 990 PDF
FY2023 $15.9M$14.6M$1.3M$8.0M 990 PDF
FY2022 $12.6M$12.5M$59K$6.7M 990 PDF
FY2021 $11.0M$10.1M$870K$6.6M 990 PDF
FY2020 Viewing $9.5M$8.9M$647K$5.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $9,524,864 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,401,252$9,401,252
VIII-3 Investment incomeExcluded from tax $119,870$119,870
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $3,742$3,742
VIII-12 Total revenueRelated to mission $9,401,252 · Unrelated business $0 · Excluded from tax $123,612$9,524,864
Part IX · Statement of functional expenses $8,877,549 across 19 lines filed
IX-1 Grants to domestic organizations$5,000
IX-5 Pay of current officers, directors and key staff$2,216,852
IX-7 Other salaries and wages$1,660,057
IX-8 Pension plan contributions$127,404
IX-9 Other employee benefits$158,553
IX-10 Payroll taxes$166,753
IX-11b Legal fees$587,659
IX-11c Accounting fees$35,489
IX-11g Other fees for services$2,070,007
IX-12 Advertising and promotion$75,000
IX-13 Office expenses$165,968
IX-14 Information technology$155,238
IX-15 Royalties$143,868
IX-16 Occupancy$386,556
IX-17 Travel$47,619
IX-19 Conferences, conventions and meetings$476,843
IX-22 Depreciation, depletion and amortization$93,413
IX-23 Insurance$55,297
IX-24 Other expenses (24a–d)$249,973
IX-25 Total functional expenses$8,877,549
Part X · Balance sheet $11,880,643 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $4,439,006$2,987,864
X-2 Savings and temporary cash investmentsStart of year $526,631$4,543,385
X-4 Accounts receivableStart of year $245,223$583
X-9 Prepaid expenses and deferred chargesStart of year $92,371$103,253
X-10c Land, buildings and equipment, netStart of year $499,745$579,946
X-11 Publicly traded securitiesStart of year $3,504,241$3,605,944
X-15 Other assetsStart of year $59,668$59,668
X-16 Total assetsStart of year $9,366,885$11,880,643
X-17 Accounts payable and accrued expensesStart of year $813,009$1,003,589
X-19 Deferred revenueStart of year $2,870,500$4,564,871
X-25 Other liabilitiesStart of year $565,643$547,135
X-26 Total liabilitiesStart of year $4,249,152$6,115,595
X-27 Net assets without donor restrictionsStart of year $5,117,733$5,765,048
X-32 Total net assets or fund balancesStart of year $5,117,733$5,765,048
X-33 Total liabilities and net assetsStart of year $9,366,885$11,880,643
Part XI · Reconciliation of net assets $5,765,048 net assets at year end
XI-1 Total revenue$9,524,864
XI-2 Total expenses$8,877,549
XI-3 Revenue less expenses$647,315
XI-4 Net assets at start of year$5,117,733
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,765,048

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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