American Public Media Group

“The board of trustees may designate an executive committee composed of at least three trustees. The executive committee has the authority of the board of trustees in the management of the business of the organization in the interval between meetings of the board of trustees, and the executive committee is at all times subject to the control and direction of the board of trustees.”

“The form 990 is prepared under the direction of the audit committee of the organization's board of trustees and is made available to each member of the board prior to filing with the form.”

“The organization surveys its officers, trustees, and key employees annually for potential conflicts of interest. The surveys are analyzed and inform transactions and voting in order to identify and disclose actual conflicts of interest. The organization's conflict of interest policy covers (a) trustees, (b) a trustee or director of a related organization (within the meaning of minnesota statutes, section 317a.011, subdivision 18), or (c) an organization in or of which a trustee is a director, officer or legal representative or has a material financial interest. Transactions may be authorized if the material facts as to the contract or transaction and as to the trustee's interest are fully disclosed or known to the board of trustees, and the board of trustees authorizes, approves, or ratifies the contract or transaction in good faith by the affirmative vote of a majority of the trustees (without counting the interested trustee), at a meeting at which there is a quorum (without counting the interested trustee). Proceedings related to conflicts of interest are documented in the meeting minutes.”

“The total rewards and compensation committee of the board reviews the compensation and benefits plans of apmg on an annual basis, including the group's compensation philosophy, health care plan, executive benefits and savings and retirement plans, and other benefits. The committee sets the compensation for the ceo of apmg, approves the ceo's recommendations for compensation for the president, and reviews compensation for other officers. The committee also utilizes a compensation consultant. The organization subscribes to several market data sources to ensure market-competitive pay practices. The committee establishes an annual at-risk compensation plan to enable the participating organizations of apmg to attract, retain and motivate key management talent by providing total compensation that is competitive with the market and has the following objective to: (a) focus management efforts on key annual financial and strategic results, (b) reward executives commenurate with performance, (c) drive incremental performance against shared goals, with an emphasis on funding growth and (d) recognize individual/departmental performance objectives. The process described here was last completed in 2025.”

“The organization makes many of its governing documents and financial statements available for public inspection on its website. Requests can also be made to have the documents provided via e-mail, the post, or in person at the apmg offices at 480 cedar st, st paul, mn 55101. A fee may apply for copying and mailing costs associated with a request. Documents are available for the same period of disclosure as set forth in section 6104(d).”

“Equity investment in for-profit sub 340,665.”

“No change from prior year.”