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Greenspring Company
Greenspring Company was the for-profit subsidiary of the non-profit American Public Media Group. Profits gathered from Greenspring were funneled through American Public Media Group in order to help fund Minnesota Public Radio, although Greenspring was tax A tax is a mandatory financial charge or levy imposed on an individual or legal entity by a governmental organization to support government spending and public expenditures collectively or to regulate and reduce negative externalities. Tax co ...ed before the funds were transferred. Greenspring owned The Rivertown Trading Company until it was sold to Target Corporation in 1998 for United States dollar, US$ 134 million. In 2004, the company sold the Minnesota News Network (MNN) to Saga Communications, apparently along with station WLOL (AM), WMNN. Greenspring kept KMNV, KLBB and KMNQ, KLBP radio, which remained affiliated with MNN. Radio station WMNN was sold to Starboard Broadcasting organization, which programs the Catholic ...
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Non-profit
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an enti ...
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American Public Media Group
American Public Media Group (APMG), formerly the Minnesota Communications Group, is the non-profit parent organization of Minnesota Public Radio, American Public Media, and Southern California Public Radio. Jean Taylor is APMG's President and CEO. History Minnesota Communications Group In the second quarter 1998, Minnesota Communications Group and Greenspring Company approved the sale of Greenspring's catalog sales business, Rivertown Trading, to Dayton Hudson for $120 million. $90 million of the sale price would go into MPR's endowment fund, which then totaled only $19 million. Greenspring President Bill Kling and two other top executives received $7.3 million of proceeds via a "value participation unit" plan. Rivertown Trading started with a Prairie Home Companion–inspired "Powder milk Biscuit" poster order form in 1981. American Public Media Group American Public Media Group sold Greenspring Media Group, a for-profit publishing company, to Hour Media LLC in July 2013 as ...
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Minnesota Public Radio
Minnesota Public Radio (MPR) is a public radio network for the state of Minnesota. With its three services, KNOW-FM, News & Information, KSJN, YourClassical MPR and KCMP, The Current, MPR operates a 46-station regional radio network in the upper Midwest. MPR has won more than 875 journalism awards, including the Peabody Award, both the RTNDA Edward R. Murrow Award and the Edward R. Murrow Award (CPB), Corporation for Public Broadcasting award of the same name, and the Alfred I. duPont-Columbia University Gold Baton Award. As of September 2011, MPR was tied with WNYC for most listener support for a public radio network, and had the highest level of recurring monthly donors of any public radio network in the nation. MPR also produces and distributes national public radio programming via American Public Media. History Minnesota Public Radio began on January 22, 1967, when KSJR-FM first signed on from the campus of College of Saint Benedict/Saint John's University, Saint John's U ...
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Target Corporation
Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. The company is one of the largest American-owned private employers in the United States. The original Target retail store was co-founded by John Geisse and Douglas Dayton, the CEO of the Dayton corporation at that time. The Dayton corporation, now known as the Target Corporation, was the company John Geisse worked for when he founded the Target stores and was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened and founded by American business man John F. Geisse in 1962. The company became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 ...
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United States Dollar
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish dollar, Spanish silver dollar, divided it into 100 cent (currency), cents, and authorized the Mint (facility), minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallism, bimetallic standard of (0.7734375 troy ounces) fine silver or, from Coinage Act of 1834, 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important intern ...
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WLOL (AM)
WLOL (1330 AM) is a radio station in the Twin Cities region of Minnesota. It broadcasts a Catholic radio format and is part of the Relevant Radio network. WLOL's transmitter is located along the Minnesota River in Savage. History WLOL, named for the "Land Of Lakes", is one of the area's most legendary set of call letters. WLOL's history is intertwined with many other local frequencies over the years. The first incarnation of WLOL signed on at 1300 AM on June 16, 1940, and was a part of the Mutual Broadcasting System, a national radio network in the United States. Studios were a1730 Hennepin Avenue at Oak Grove Street across from Loring Park, approximately in the current-day airspace over the westbound lanes of I-94 exiting the Lowry Hill Tunnel. The transmitter was in St. Paul's Midway district. WLOL moved to 1330 AM on March 29, 1941, as required by the North American Regional Broadcasting Agreement (NARBA) under which most American, Canadian and Mexican AM radio stations ch ...
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KMNV
KMNV (1400 kHz "") is a commercial AM radio station licensed to St. Paul, Minnesota, and serving the Twin Cities radio market. It is owned by Santamaria Broadcasting and broadcasts a Spanish-language radio format featuring Regional Mexican music with some weekday comedy shows. KMNV's radio studios and offices are in Richfield. KMNV is powered at 1,000 watts non-directional. The transmitter is near the Mississippi River in St. Paul. Programming is also heard on FM translator K239CJ at 95.7 MHz in St. Paul. History WMIN The station signed on the air in the summer of 1936, when St. Paul furniture retailer Edward Hoffman began broadcasting at 1370 kHz. WMIN was reassigned to the 1400 kHz frequency in 1941 when the North American Regional Broadcasting Agreement treaty (NARBA) was negotiated to reduce interference between American radio stations and those from other countries. Noted jazz announcer Leigh Kamman started his career in broadcasting at the station a ...
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KMNQ
KMNQ (1470 AM) is a commercial radio station licensed to Brooklyn Park, Minnesota, and serving the Twin Cities radio market. The station broadcasts a Spanish AC format. The station previously was a simulcast of sister station KMNV, playing traditional Regional Mexican music. In October 2021, it began stunting with a variety format, before leaving the air entirely in early 2022. In January 2023, it returned, again simulcasting sister station KMNV. The station has experienced periods of silence over its lifetime. KMNQ's radio studios were located on 27th Avenue South and East Lake Street in Minneapolis. Those studios burned in the Minneapolis Riots following the murder of George Floyd in May 2020. The station returned to the air with help from KFAI, which offered space in its facility. Studios were subsequently established in Richfield. The transmitter is located in Brooklyn Park near Bottineau Blvd. KMNQ’s power is 5,000 watts using a directional antenna to protect ot ...
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Starboard Broadcasting
Relevant Radio (corporate name Relevant Radio, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. Relevant Radio broadcasts "talk radio for Catholic life" over a network of 206 stations. Relevant Radio owns and operates 133 stations, and distributes programs to an additional 73 affiliates. Relevant Radio is a 501(c)(3) non-profit organization headquartered in Lincolnshire, Illinois, with additional studios in Green Bay, Wisconsin. The network airs a variety of programming aimed at Catholics and others interested in the Catholic Church. History The network was founded by a group of Catholic businessmen, including Bob Atwell and John Cavil (who purchased Kaukauna, Wisconsin-licensed station WJOK in 2000) and Mark Follett, the owner of Anchor Foods, an Appleton-based distributor of frozen appetizers known for its marketing of jalapeño poppers, which had been sold to Heinz and its proceeds being u ...
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Davidson Media Group
The Davidson Media Group (DMG) is a Charlotte-based broadcaster specializing in multi-cultural, community focused formats. The company runs stations in a number of markets in 10 states and also specializes in selling large blocks of time on some of its stations to brokers who broadcast Spanish and/or urban contemporary gospel programs. Despite the minority-focus of DMG's market, the company itself is not minority-owned and is controlled through two private equity groups, CapStreet II LP and Citigroup Venture Capital. Felix Perez was at one time DMG's president and chief executive officer; by January 2012, Perez had been named as the general manager for Univision Radio. On February 13, 2009, SS Broadcasting Holdings (SSH) announced that it was purchasing Davidson Media Group for $1,000 cash and assumption of debt. This transaction placed SSH in control of 43 stations previously licensed to DMG. Organization The structure of the Group was quite complicated and prone to change ...
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Greenspring Media Group
Greenspring Media is a publisher of Minnesota-focused publications. The company publishes two subscription magazines, ''Minnesota Monthly'' and ''Midwest Home'', as well as custom publications including ''Real Food'', '' Where Twin Cities'', ''Twin Cities Living'', ''Minneapolis Meeting & Planner's Guide'', ''Bloomington-Mall of America Visitors Guide'' (in partnership with Bloomington Convention & Tourism Bureau and the Mall of America), ''Minneapolis-Saint Paul Official Visitors Guide'', and ''Visit-TwinCities.Com''. History The publisher was established with a single publication in 1967. In 2013, Greenspring Media Group was sold to Hour Media. Greenspring Media is located in Bloomington, Minnesota. It covers the Twin Cities Twin cities are a special case of two neighboring cities or urban centres that grow into a single conurbation – or narrowly separated urban areas – over time. There are no formal criteria, but twin cities are generally comparable in stat ... (Minn ...
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