What is an AMC?
Association Management Companies (AMCs) are highly qualified and experienced teams that can be hired by an association's board of directors to manage day-to-day operations and bring strategic initiatives to life. AMCs are not new – they have been an effective resource to non-profit associations for over a century – however, many board members and association executives do not realize how AMCs can improve the operation and effectiveness of their organization.
What does the research show?
Recent independent research has shown that AMCs are a great option for associations regardless of size and tax status.
A 2015 study found that, on average, AMC-managed associations experience more than three times the growth in net assets and 31 percent more growth in net revenue regardless of size and tax status.
Additional findings indicated that, on average, AMC-run associations have:
Less liabilities as a percent of revenue
Lower expenses as a percent of revenue
Higher surpluses as a percent of revenue
Research Finds Associations Managed by AMCs Enjoy Strong Net Revenue, Asset Growth
Study shows why association management companies are a great option for associations regardless of size and tax status.