Association management company

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An association management company, or AMC, provides management and specialized administrative services to non-profit trade associations and professional associations using a for-profit approach. [1] Many AMCs serve as an organization's headquarters, managing day-to-day operations and becoming the public face of the organization. [2]

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Services may include executive, administrative and financial management; strategic planning; membership development; public affairs and lobbying; education and professional development; statistical research; meetings management; and marketing and communication services. [3] Orienting board members is common; AMCs lay out expectations for fiduciary oversight and point out conflicts of interest. [4]

More than 600 AMCs worldwide now collectively manage associations ranging in budget size from $50,000 to $16 million and representing more than 3 million members. [5] AMCs can be found in most major U.S. cities. [6]

The Alexandria, Va.-based AMC Institute accredits AMCs under the guidance of the American National Standards Institute. [7] Current employees of AMCs are eligible to apply to become a Certified Association Executive. [8]

See also

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References

  1. ↑ Thomas, Willis (2013). The Basics of Achieving Professional Certification: Enhancing Your Credentials. CRC Press. p. 78. ISBN   9781466554566.
  2. ↑ "What is the AMC model? - AMC Institute (AMCI)". www.amcinstitute.org. Retrieved 2016-05-22.
  3. ↑ "What is the AMC model? - AMC Institute (AMCI)". www.amcinstitute.org. Retrieved 2016-05-22.
  4. ↑ Dubey, Anikesh (2009). Association Management: A Distinct Field of Management. India: Global India Publications. p. 143. ISBN   9789380228587.
  5. ↑ Duckworth, Holly (2014). Ctrl+Alt+Believe: Reboot Your Association For Success. Balboa Press. p. 78. ISBN   978-1-50432-525-7.
  6. ↑ Cox, John B. (2015). ASAE Handbook of Professional Practices in Association Management. Jossey-Bass. p. 38. ISBN   978-1118775394.
  7. ↑ "Accreditation - AMC Institute (AMCI)". www.amcinstitute.org. Retrieved 2016-05-22.
  8. ↑ Harris, Philip M. (2001). The Guide to National Professional Certification Programs. HRD Press. p. 83. ISBN   978-0874256321.
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