AMC Institute DETROIT – August 9, 2015 – During the ASAE Annual Meeting, the AMC Institute released new research confirming the immense value Association Management Companies (AMCs) bring to their clients.
As illustrated in the below infographic, key findings from the study indicate that, on average, AMC-managed associations experience more than three times the growth in net assets and 31 percent more growth in net revenue regardless of size and tax status.
“Given the wide variety of associations surveyed, and the random sampling applied, the findings are remarkably consistent,” said Gaskin, a professor of information systems at BYU. “When we analyzed the data, it was clear that associations of all types and sizes using the AMC model tend to be the strongest financially.”
Additional findings indicated that, on average, AMC-run associations have:
- Less liabilities as a percent of revenue
- Lower expenses as a percent of revenue
- Higher surpluses as a percent of revenue
An executive summary of the research is available on the AMC Institute website.
About the AMC Institute
The AMC Institute represents over 180 association management companies that manage over 1,800 associations full-time and nearly 900 on a project basis. The total budget for associations managed by AMC Institute members is more than $1.5 billion. AMC Institute seeks to advance professionalism and high industry standards for association management companies through education, accreditation and member networking opportunities. http://www.amcinstitute.org/
About James Gaskin, Ph.D.
James Gaskin is a professor of information systems in the Marriott School of Management at Brigham Young University. Dr. Gaskin teaches advanced multivariate statistics for academic research and is the founder of StatWiki, an extensive online database of advanced statistical tools and tools and tutorials and Gaskination, a YouTube channel with over 130 statistics tutorials.