What's an AMC?Quick Contact
Diversified Management Services • Phone: 515-282-8192 • Fax: 515-282-9117
| What Is An Association Management Company? |
|
An association management company is a for-profit company that manages multiple non-profit associations, professional societies and foundations. Out of the some 13,000 associations in the United States, over 25% are managed by professional association management companies and the numbers are growing daily. Based on the concept of shared resources, an association management company provides volunteer organizations with the expertise they need, when they need it. Many organizations find that by utilizing this concept, it is usually more cost effective, plus a higher degree of professionalism can be found than can be had with a captive staff.
An association management firm accommodates a typical association or society with headquarters in a centralized location. The overhead cost of the office is divided among the organizations represented. This provides for an association to see a growth in resources and profit from professional equipment and cutting edge technology. With an association management company, this is all possible without a weighty investment. In addition, many association management companies are members of the AMC Institute and subscribe to the AMC Institute's code of ethics.
|
