American Youth Hostels-Hostelling Int'L the Metropolitan San Diego LLC

“The organization's form 990 is reviewed by the audit committee prior to its filing. The audit committee meets with the vp of finance, the svp finance and administration and the organization's auditors to review and discuss the audit and 990. The audit committee then brings a motion before the board of directors of american youth hostels, inc. To accept the audit and approve the filing of form 990.”

“The conflict of interest policy helps ensure that all institutional decisions are made solely to promote the best interests of american youth hostels, inc. Without favor or preference based on personal considerations, and to promote the highest ethical conduct in all transactions. Annually, each officer, director and key employee completes and signs a disclosure form to describe transactions and relationships that could result in a conflict or the appearance thereof. During fiscal year 2018, the ceo reviewed those disclosures and followed up as necessary and appropriate. An updated conflict of interest policy was approved by the board of directors in march 2018, which provides for the audit committee to review each disclosure form filed by each officer, director and key employee, and take appropriate action to ensure full transparency and that the highest ethical standard is in place for all transactions and/or relationships. The policy provides that american youth hostels, inc. Will not enter into related party transactions unless the transaction is determined by the board to be fair, reasonable and in american youth hostels' best interest.”

“For board members of this entity listed on part vii that are also employees of american youth hostels, inc., the use of independent compensation reviews, comparable data, and regular annual performance reviews determine the appropriate level of compensation for these employees.”

“These documents are available upon request by contacting the organization via mail, telephone, or email at: american youth hostels attention: vp of finance 8401 colesville road, suite 600 silver spring, md 20910 (240) 650-2100 [email protected]”

“The ceo of american youth hostels, inc. Serves on the board of directors of this entity, however the ceo compensation is determined by a related entity, american youth hostels, inc.”