AMC Advantage

Association Management Companies Are Your Nonprofit's Path To Success

June 8th, 2015
CMA Association Management Selected to Serve Association of Legal Administrators New York City Chapter with Full-Service Management

CMA Association Management of Princeton Junction, New Jersey has been chosen by the Association of Legal Administrators New York City Chapter board of directors to provide full-service management for the organization.

The Association of Legal Administrators is an international organization with more than 9,000 members throughout the United States, Canada and 20 other countries. ALA provides support to professionals involved in the management of law firms, corporate legal departments and government legal agencies.

“We are excited to be working with ALANYC and look forward to serving them and their members,” said Jeff Barnhart, president and CEO of CMA Association Management. “We will work closely with their organization to take them to the next level.”

The mission of ALA’s New York City Chapter is to enhance the knowledge and professionalism of its members through high-quality educational programs in legal management, provide timely information which will enable members to perform their jobs more effectively and efficiently, and increase the visibility and credibility of the profession of legal administration.

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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
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2015 AMC Clients
2014 AMC Clients
2013 AMC Clients
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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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