American Youth Hostels - Chicago Inc

“The organization's form 990 is reviewed by the audit committee of american youth hostels, inc. Prior to its filing. The audit committee meets with the cfo and controller, and the organization's auditors and tax accountants to review and discuss the audit and the 990 form. The audit committee then brings a motion before the board of directors of american youth hostels, inc. To accept the audit and the filing of the 990 form.”

“The conflict of interest policy helps ensure that all institutional decisions are made solely to promote the best interests of american youth hostels, inc. And its affiliated entities, 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.an updated conflict of interest policy was approved by the board of directors in march 2023, 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 goal is to permit hi usa to manage conflicting interests successfully and to reach optimum decisions with knowledge of the conflicts. Accordingly, so long as transactions are disclosed by board members to the hi usa board of directors; by committee members to the relevant hi usa committee; and/or by employees or volunteers to hi usa senior management; and the transactions are believed to be in the best interests of hi usa, they may lawfully be undertaken.”

“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 email, telephone or mail at: american youth hostels - chicago inc. Attention: vp of finance 8455 colesville road, suite 1225 silver spring, md 20910 (240) 650-2100 [email protected]”

“Ayh chicago promotes a deeper understanding of people, places and cultures through the hostel stay, learning programs and participation in nationwide signature programs. Form 990, part iii, line 1, description of organization mission: our mission is "to help all, especially the young, gain a greater understanding of the world and its people through hostelling." in the hostel, learning programs and participation in nationwide signature programs, we bring people together from diverse backgrounds to create interaction, dialogue and relationships through authentic cultural exchange and new experiences that can make an enduring difference in their lives and their worlds.”

“Our mission is "to help all, especially the young, gain a greater understanding of the world and its people through hostelling." in the hostel, learning programs and participation in nationwide signature programs, we bring people together from diverse backgrounds to create interaction, dialogue and relationships through authentic cultural exchange and new experiences that can make an enduring difference in their lives and their worlds.”

“Ayh chicago, inc shares employees with american youth hostels, inc. The employees are paid out of american youth hostels, inc. Ayh chicago, inc reimburses american youth hostels, inc for those expenses.”