America'S Public Television Stations

“APTS has two classes of membership: Station members: An organization operating as a noncommercial educational broadcast television station. Station members are entitled to one vote on certain matters as set in bylaws. Associate members - An organization or individual that is interested in the pursuit and objectives of APTS and is not a noncommercial educational broadcast station. Associate members do not have voting rights.”

“Station members elect certain members of the Board.”

“Members approve some significant actions such as certain amendments to the bylaws.”

“The Board is provided a copy of the Form 990 prior to filing through a secure internet portal or similar electronic means.”

“Trustees of APTS are required to complete and update on an annual basis a form describing certain required disclosures, including any current positions held, investments, previous employment, and any other information potentially relevant to compliance with the APTS ethical conduct statement (the entity's conflict of interest policy). The Trustees approve the ethical conduct statement. Completed disclosures are reviewed and retained with the General Counsel. If a conflict is found, the Trustees will decide if conduct or interests of the Trustee in question may be restricted. The Trustees or a committee of the Trustees will review and approve all such restrictions.”

“An independent compensation firm is hired to perform a compensation survey of similar organizations to determine a range of salaries for each position within the organization. The compensation is typically targeted at the mid-point amount. When an employment contract is up for renewal, an independent compensation firm is hired to perform another compensation survey to set salaries for the next contract. The CEO's compensation and contract is subject to Board approval.”

“APTS makes its governing documents, conflict of interest policy, financial statements, and Forms 990 and 1023 available to the public upon request.”

“America's Public Television Stations (APTS) is a nonprofit membership organization ensuring a strong and financially sound public television system and helping member stations provide essential public services in education, public safety and civic leadership to the American people.”

“Consulting & contractual services: Program service expenses 517,089. Management and general expenses 173,357. Fundraising expenses 0. Total expenses 690,446.”

“APTS's Board Audit Committee is responsible for oversight of the audit, including selection of the independent accountant. The process has not changed from prior years.”