What Is An AMC?
AMCs are for-profit businesses that provide professional management and administrative services to associations. An AMC provides the professional staff, administrative support, office space, technology and equipment an association needs to operate. The AMC staff works as the association’s staff, helping volunteer leaders develop and execute the strategies and programs to serve their membership. The AMC industry is more than 110 years old. Today, there are more than 600 AMCs worldwide. We are proud to be part of this community.
In addition to AMCs, associations are managed entirely by volunteers, or by full-time staff that are hired, paid and managed by the organization’s volunteer leaders. Both of these models use up time and resources in non-governance activities that could be dedicated to the success of the association. An AMC model offers the best way for an organization to get the greatest value from their investment of volunteer time and resources and the best use of volunteer expertise and energy.
Benefits of an AMC:
The AMC model allows services to be customized to meet specific goals. AMCs leverage shared resources across multiple associations to increase each group’s means and capabilities, including membership, marketing, finance, etc. The shared resources allow an AMC to maximize staff time and clients to leverage collective experience. AMCs provide economies of scale through shared office space, equipment, and supply costs. AMC staff have a broad range of expertise in the world of associations, having the opportunity to work with different groups, and the cost of this specialized and experienced support is more affordable for associations because personnel costs are split across the client base. This allows smaller associations to obtain the benefits of higher level staff than they could otherwise afford and which may not be needed on a daily basis.
Structure of an AMC:
The AMC serves as your organization’s headquarters, providing an experienced Association Executive who manages day-to-day operations, with staff members who contribute to the success of the organization with their expertise in the essential areas of association management. The AMC provides oversight of personnel hiring, payroll, benefits, capital acquisitions, finding/leasing space and other infrastructure details, freeing up leadership to focus on the missions and goals of the association.
With years of experience in a nonprofit environment, AMCs lend strategic focus and put proven practices to work. Retaining an AMC leads to enhanced buying power, improved staff efficiency, and reduced overhead costs. Clients are able to multiply their gains through the AMC’s significant investments in infrastructure and technology and take advantage of the AMC purchasing power to provide cost savings.