Why an Association Management Company?
Association management companies (AMCs) allow associations to benefit from shared resources and expertise they cannot secure as stand-alone organizations. As a for-profit company, an AMC provides a range of experiences and knowledge necessary to run a modern association and at a much lower cost and increased efficiency. The ability to tap into the depth and breadth of association knowledge helps advance the organizations in their mission and strategic initiatives.
AMCs offer a better solution than a stand-alone organization because:
- You maintain your own Executive Director who is accountable for carrying out Board policy with the added benefit of an expert staff in each area of an association’s operation.
- Overhead costs are shared by multiple clients instead of the sole responsibility of your organization.
- Available staff expands without additional association cost. Shared successes among other organizations benefit your association.