Overview
What is Semi Foundation?
The Semi Foundation, led by Ajit Manocha, is a nonprofit organization dedicated to fostering economic opportunities for workers and promoting the sustained growth of the microelectronics industry. They achieve this goal by creating avenues and prospects for job seekers, as well as offering tools and systems to support semiconductor businesses. By doing so, the foundation aims to attract, develop, and retain a diverse, innovative, and skilled workforce, thereby contributing to the industry's growth. The Semi Foundation operates with a mission to create a beneficial impact on both the workforce and the microelectronics sector.
Official website here: www.semifoundation.org
Is Semi Foundation legitimate?
Semi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Semi Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.semifoundation.org
What is the mission statement of Semi Foundation?
The Semi Foundation aims to foster economic opportunities for workers and promote the sustained growth of the microelectronics industry. They achieve this by establishing pathways and creating opportunities for job seekers. Additionally, the foundation provides semiconductor businesses with necessary tools and systems to attract, develop, and retain a diverse, innovative, and skilled workforce. The Semi Foundation's efforts are geared towards supporting the growth of the microelectronics industry and enhancing job prospects for individuals in the field.
Official website here: www.semifoundation.org
Who is the CEO of Semi Foundation?
Ajit Manocha is the CEO of Semi Foundation The CEO's salary of Semi Foundation is $0 and their total compensation is $2,719,531.
Official website here: www.semifoundation.org
What is the revenue of Semi Foundation?
Semi Foundation's revenue in 2023 was $3,560,871.
Official website here: www.semifoundation.org
Who are the executives of Semi Foundation and what are their salaries?
There 227 volunteers at Semi Foundation.
Here are 14 key members and their salaries (Semi Foundation's CEO's salary is $0 and their total compensation is $2,719,531):
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- Related: $1,297,516
- Other: $1,422,015
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- Related: $589,921
- Other: $591,410
- Compensation: $0
- Related: $338,496
- Other: $263,724
Official website here: www.semifoundation.org
Where can I find the form 990 for Semi Foundation?
Semi Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.semifoundation.org
Learn more at the official website: www.semifoundation.org
Mission Statement of Semi Foundation
The Semi Foundation, led by Ajit Manocha, is committed to fostering economic opportunities for workers and promoting the sustained growth of the microelectronics industry. To achieve this, the foundation creates avenues and prospects for job seekers, while also offering tools and systems to semiconductor companies to attract, develop, and retain a diverse, innovative, and skilled workforce. In essence, the Semi Foundation plays a pivotal role in bridging the gap between job seekers and the microelectronics industry, ensuring that both parties benefit from a mutually beneficial relationship.
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Impact
October, 2024
The Semi Foundation significantly impacts the microelectronics industry by fostering economic opportunities for workers and ensuring sustained growth within the sector. It creates pathways and opportunities for job seekers, enhancing their access to employment in a rapidly evolving field. By providing essential tools and systems, the foundation aids semiconductor companies in attracting, developing, and retaining a diverse and skilled workforce. This focus not only benefits individual workers but also strengthens the overall industry, positioning it for long-term success and innovation. Under the leadership of Ajit Manocha, the foundation plays a crucial role in bridging the skills gap and promoting a more inclusive workforce in microelectronics.
This information is meant to be a general summary of Semi Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $179,634
- Program Service Revenue: $226,496
- Gross Receipts: $3,560,871
Assets and Liabilities:
- Total Assets: $4,857,090
- Total Liabilities: $1,481,631
- Net Assets: $3,375,459
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING SERVICES
Revenue
$194,136
SPONSORSHIP INCOME
Revenue
$26,000
SEMINAR INCOME
Revenue
$6,360
Organization Details
Founding Year
2002
Principal Officer
Ajit Manocha
Website
www.semifoundation.orgNTEE Category
Code: B99 - Education
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