AMC Advantage

Association Management Companies Are Your Nonprofit's Path To Success

October 7th, 2015
Maarefah Management Announces 1st International Paediatric Medical Congress In Dubai

With the support of the Dubai Healthcare City together with the Executive Board of Health Ministers Council for GCC States; Saudi Society of Pediatric Gastroenterology, Hepatology, and Nutrition; and Royal College of Paediatrics and Child Health (UK), Dubai is set to host the first International Paediatric Medical Congress on 12-14 November 2015, Maarefah Management announced.

Regional and international healthcare experts in different areas of paediatrics will come together in this congress to provide a comprehensive review of the current issues and recent advances in selected paediatric subspecialty areas including: haematology, oncology, neurology, cardiology, neonatology, orthopedic, psychiatry and more.

Maarefah Management is an events, training and association management company that works closely with government institutions, industry bodies and professional associations to help individual’s career development in order to grow and sustain successful businesses. The company’s conferences and specialized training courses are developed by highly experienced scientific committees creating up-to-date scientific and technical programs tackling current and critical industry issues.

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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.

Click here to view an informational graphic from AMC Institute!
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