Overview
What is Semiconductor Industry Association?
The Semiconductor Industry Association (SIA) is a prominent nonprofit organization situated in Washington, D.C. With a team of 18 dedicated individuals, SIA functions as the representative voice of the semiconductor industry, one of America's significant export sectors and a key driver of economic growth and national security. Semiconductors, the small chips that power modern technology, have revolutionized our lives and economy. SIA members account for almost all U.S. semiconductor industry sales. The organization advocates for policies that foster innovation, promote business growth, and encourage international competition. SIA's mission encompasses global policy support for access to foreign markets, non-discriminatory and market-based trade policies, and robust protection of intellectual property.
Official website here: www.semiconductors.org
What are the reviews and ratings of this charity?
The Semiconductor Industry Association is currently not rated by Charity Navigator. The absence of a rating does not imply a positive or negative evaluation; instead, it reflects that the organization is not eligible for a rating because it is not a 501(c)(3) IRS registered nonprofit. Charity Navigator requires specific beacon scores and nonprofit status for eligibility.
Despite lacking a standard rating from Charity Navigator, the Semiconductor Industry Association is listed with available IRS data, highlighting its independent nature and foundation status as applicable to entities other than 501(c)(3) organizations. The absence of data on revenue, expenses, and salaries means that the usual financial accountability metrics cannot be applied.
No user reviews were found on GreatNonprofits, which limits the availability of public sentiment and feedback for this organization. Without firsthand user experiences, further insights into the organization's impact and community perception remain unavailable.
This AI summary has been generated from information found on Charity Navigator.
Is Semiconductor Industry Association legitimate?
Semiconductor Industry Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Semiconductor Industry Association 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: $3,441,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,346,439
For more financial information, click here
Official website here: www.semiconductors.org
What is the mission statement of Semiconductor Industry Association?
The Semiconductor Industry Association (SIA) serves as the representative voice for the semiconductor industry, a significant contributor to America's economy and national security. With semiconductors being the foundation of modern technologies, they have brought forth life-changing products and services. The semiconductor industry in the US directly employs almost a quarter of a million people, and SIA members account for nearly 95% of industry sales. SIA's mission is to bolster semiconductor manufacturing, design, and research through advocacy and collaboration with key stakeholders, including Congress and the administration. By championing policies that foster innovation, business growth, and international competition, SIA aims to keep the semiconductor industry at the forefront of technological advancements.
Official website here: www.semiconductors.org
Who is the CEO of Semiconductor Industry Association?
John Neuffer is the President & Ceo of Semiconductor Industry Association. The CEO's salary of Semiconductor Industry Association is $1,488,197 and their total compensation is $1,554,492.
Official website here: www.semiconductors.org
What is the revenue of Semiconductor Industry Association?
Semiconductor Industry Association's revenue in 2022 was $12,595,244.
Official website here: www.semiconductors.org
Who are the executives of Semiconductor Industry Association and what are their salaries?
The average compensation at Semiconductor Industry Association during 2022 was $321,574. There are 18 employees and 20 volunteers at Semiconductor Industry Association.
Here are 29 key members and their salaries (Semiconductor Industry Association's CEO's salary is $1,488,197 and their total compensation is $1,554,492):
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- Compensation: $1,488,197
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- Other: $66,295
- Compensation: $774,143
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- Compensation: $987,058
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- Compensation: $229,982
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- Compensation: $203,760
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- Other: $33,254
- Compensation: $162,961
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- Other: $8,271
Official website here: www.semiconductors.org
Where can I find the form 990 for Semiconductor Industry Association?
Semiconductor Industry Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.semiconductors.org
Learn more at the official website: www.semiconductors.org
Mission Statement of Semiconductor Industry Association
The Semiconductor Industry Association (SIA) serves as the representative voice for the semiconductor industry in the United States, a significant export industry and a major contributor to the country's economic strength and global competitiveness. Semiconductors, the tiny chips that power modern technologies, have revolutionized our lives and economy, and SIA members account for nearly 95 percent of all U.S. semiconductor industry sales. The organization works towards bolstering the leadership of semiconductor manufacturing, design, and research by collaborating with Congress, the Administration, and key industry stakeholders to advocate for policies that foster innovation, boost business growth, and encourage international competition. The semiconductor industry directly employs almost a quarter of a million people in the U.S., and its impact on our daily lives is immeasurable, as semiconductors enable advancements in various sectors, from technology to healthcare and beyond. By advocating for favorable policies and working closely with key stakeholders, the Semiconductor Industry Association plays a pivotal role in ensuring the continued growth and success of this vital industry.
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Impact
October, 2024
The Semiconductor Industry Association (SIA) plays a pivotal role in shaping the semiconductor landscape, which is vital for America's economic strength, national security, and global competitiveness. By advocating for policies that support access to foreign markets, non-discriminatory and market-based trade practices, and robust intellectual property protection, SIA ensures that the semiconductor sector remains a driving force in innovation and technological advancement.
The organization represents nearly 95% of all U.S. semiconductor sales, effectively consolidating the voice of the industry. Its influence helps to direct legislative and regulatory efforts, promoting an environment conducive to growth and productivity. Furthermore, the SIA's initiatives directly support the employment of nearly a quarter of a million individuals in the U.S., demonstrating the industry's significant contribution to job creation and economic development.
In an era where technology underpins virtually every aspect of modern life, the SIA's efforts to enhance semiconductor manufacturing, design, and research are essential. By collaborating with Congress, the administration, and industry stakeholders, the SIA fosters an ecosystem that not only propels business success but also positions the U.S. as a leader in the global semiconductor arena. The transformative impact of semiconductors on society is undeniable, and the SIA's advocacy and strategic initiatives continue to be critical for maintaining the industry's momentum.
This information is meant to be a general summary of Semiconductor Industry Association. 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 2022.
- Investment Income: $119,732
- Program Service Revenue: $12,313,000
- Gross Receipts: $12,595,244
Assets and Liabilities:
- Total Assets: $15,188,634
- Total Liabilities: $8,494,344
- Net Assets: $6,694,290
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$9,733,574
MEMBER DIRECTED PROJECTS
Revenue
$1,023,559
INDUSTRY STATISTICS
Revenue
$1,016,393
ANNUAL AWARD DINNER
Revenue
$539,474
Organization Details
Founding Year
1977
Phone
(202) 446-1700Principal Officer
John Neuffer
Main Address
1101 K STREET NW 450, WASHINGTON, DC, 20005
Website
www.semiconductors.orgNTEE Category
Code: S41 - Community improvement
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