AMC Advantage

Association Management Companies Are Your Nonprofit's Path To Success

July 26th, 2015
Society For Pediatric Pathology Selects Kellen For Full-Service AMC Management

The Society for Pediatric Pathology has retained Atlanta-based Kellen for full-service management of its 700+ member professional organization comprised of physicians and scientists specializing in the field. SPP will relocate its headquarters from Evans, Georgia to Kellen’s New York City office in midtown Manhattan. Kellen will handle all aspects of the organization’s management, including administrative, conference, membership, education, and accreditation services.

“We are very pleased to be working with Kellen on this next phase of our growth,” said SPP President Cheryl M. Coffin, MD, Professor of Pathology, Microbiology, and Immunology, Emerita, Vanderbilt University.

Kellen will support the execution of SPP’s many member services from its various publications to access to research and grants to continuing education and fellowships, and more. In addition, Kellen will handle the organization’s frequent meetings and events, including the upcoming 50th anniversary meeting this October in Toronto.

“The depth of experience available through our healthcare and science practice meets SPP’s specialized needs. We look forward to bringing new opportunities and supporting SPP as they foster education and research for pediatric pathology,” said Peter Rush, chairman and chief executive officer of Kellen.

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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:

 

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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.

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