What is an AMC?
An Association Management Company (AMC) is a for-profit business that provides professional management and administrative services to associations.
An association management company provides a centralized office that serves as the client association’s headquarters. The overhead costs for the professional offices are shared by other association clients at the AMC, increasing their resources and capabilities without major capital investment. Based on the concept of shared resources, specialists are drawn from the pool of personnel resources and assigned on as-needed basis. Learn more about AMCs and how they can help you by visiting the ASAE & the Center for Association Leadership website.
Did you know that there are more than 600 association management companies (AMCs) in operation worldwide, supporting several thousand organizations with collective budgets exceeding $1 billion and the combined number of members constituting the fourth largest city in the U.S., behind only New York, Los Angeles, and Chicago?
Did you know that by maintaining the services of an AMC you don’t have to worry about continuity of services (when an employee calls in sick or takes vacation), making sure staff is trained and up-to-date on the latest trends and best practices in the industry, ensuring sound financial systems for security and accountability are in place (the key to fulfilling the board’s fiduciary duty), and achieving the best possible buying power? AMR provides these services.