AMC Advantage

Association Management Companies Are Your Nonprofit's Path To Success

June 18th, 2014
Minnesota Chiropractic Association Retains Ewald For AMC Management

AMC ADVANTAGE

The Minnesota Chiropractic Association recently selected Ewald Consulting as its partner to provide strategic association management support services, according to a news release by Ewald. Established in 1927, MCA has become Minnesota’s only professional organization to represent the chiropractic profession on a multi-level basis. The association serves a variety of members, including practicing and retired doctors, chiropractic assistants, chiropractic techs and students.

Ewald Consulting will provide full association management services for MCA, including event planning, strategic planning, membership services, media relations, website updates and member communications. MCA officially became an Ewald Consulting client on May 19, 2014.

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Ewald Consulting is not affiliated with AMC Advantage, which strives to expand knowledge about opportunities inherent in nonprofits that move to the AMC management model. An Association Management Company is a professional service firm that provides leadership in association management and other services through experienced staff, proven practices and shared resources.

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Getting The AMC Advantage

According to a 2009 study by LoBue and Majdalany Association Management Group, nonprofits managed by Association Management Companies, or AMCs, generate greater operating surpluses, are more efficient, involve lower operating risks, enjoy more diverse revenue profiles, spend more on meetings, trade shows and educational activities, and pay, on average, a third less for the staffing, occupancy and capital costs than sibling standalone organizations. So, has your nonprofit considered being managed by a highly qualified AMC?

In 2015, a study of 167 associations shows that association management companies, or AMCs, deliver 317 percent more growth in net assets and 31 percent more growth in net revenue, as well as offering consistently higher income from products and services. The study was conducted by Dr. James Gaskin of Brigham Young University and drew data from a random selection of associations with a 501(c)(3) or 501(c)(6) tax status and budgets between $500,000 and $7.5 million. AMC Institute sponsored the study. In a statement for the media, Dr. Gaskin said, “Given the wide variety of associations surveyed, and the random sampling applied, the findings are remarkably consistent. When we analyzed the data, it was clear that AMC-managed associations of all sizes tend to be the strongest financially.”

Who’s Hiring AMCs?

Nonprofit associations all over the world are hiring AMCs for full-service and project management:

 

2018 AMC Clients
2017 AMC Clients
2016 AMC Clients
2015 AMC Clients
2014 AMC Clients
2013 AMC Clients
2012 AMC Clients
2011 AMC Clients
2010 AMC Clients

About Us

AMC Advantage is an online news service covers global developments in the Association Management Company market. AMCs are firms that, among other things, serve as nonprofit trade association and professional society headquarters.

Association Management Companies, or AMCs, are a growing global industry managing at least 1,800 organizations and serving at least 2.8 million members.

Click here to view an informational graphic from AMC Institute!
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