Should Your Nonprofit Turn To An AMC To Maximize Its Mission?
We’re dedicated to empowering nonprofits to focus on what matters most — their mission. For growing organizations with limited resources, an association management company (AMC) can be a game-changer. Discover how partnering with an AMC can streamline operations and drive your nonprofit’s success.
Read Also: Clarifying Nonprofit Roles & Responsibilities
Why Consider An Association Management Company?
Running a nonprofit often means juggling mission-critical work with essential administrative tasks. If your team is stretched thin, an association management company can help. An AMC takes on business operations, allowing your staff to prioritize programs and impact. By sharing overhead costs with other nonprofits, like trade associations or charities, an AMC delivers cost-effective solutions, often serving as your headquarters to save on space and equipment expenses.
Tailored Support For Your Nonprofit’s Needs
An association management company offers flexible services, from strategic planning to IT management, membership growth, and employee benefits administration. You only pay for what you need, typically through a flat fee or monthly retainer. However, if you’re not sure if an AMC is right for your nonprofit, start with an organizational audit to assess your administrative gaps. If your staff lacks the time or expertise to manage these tasks, an AMC can provide the specialized support you need without the cost of hiring full-time employees.
Finding The Right AMC For Your Nonprofit
Choosing the right association management company starts with research. The AMC Institute is a great resource, offering a search tool to find accredited AMCs. Narrow your list to three or four firms based on their services, experience, and pricing, ensuring they can meet all your nonprofit’s needs. Conduct interviews — virtually or in person — to explore their expertise, client relationships, and track record with similar organizations. Don’t forget to check references to confirm their fit for your mission.
Empowering Growth With An AMC Partnership
An association management company is ideal for rapidly growing nonprofits facing resource constraints. Whether you need temporary support for a specific function or long-term operational help, an AMC can bridge the gap.
At GBQ, we’re here to assist with an organizational audit, helping you identify where an AMC can make the biggest impact. Let’s work together to keep your nonprofit focused on its mission.
Looking for additional assistance to help you manage your nonprofit? Check out these resources:
Navigating Cost-Allocation Decisions For Your Nonprofit
7 Smart Strategies To Slash Nonprofit Expenses Without Losing Staff
