Association management company
An association management company (AMC) provides management and specialized administrative services to trade associations and professional societies using a for-profit approach that runs not-for-profit associations like businesses.
AMCs manage associations of varying sizes (from 10 members to 10,000 members) and annual budgets (from $50,000 to $16 million). The AMC model affords association clients the characteristics of economies of scale, experience in the association marketplace, flexibility and adaptability, buying power and centralized facilities.
AMCs typically provide strategic planning, financial management, executive management, membership development, marketing and public relations, educational and professional development, meeting and event planning, among other services.