association management companies

Top Association Management Companies in the US

Enes Güneş
April 1, 2024
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Welcome to the Quirky World of Association Management Companies: 🧰

Ever stepped into a conference room and felt the diverse energy, like wandering into a bustling marketplace? That's where association management companies (AMCs) come in – the skilled artisans weaving harmony from the vibrant tapestry of professional life.

Before you start dreaming of a stress-free life, let's unpack the mysteries of what exactly an AMC does, how much they'll set you back 

what key factors to weigh when picking one, and a sneak peek at the top 5 AMCs that are making waves. 📋

Get ready for a quick tour of the basics before we reveal the top 5 AMCs making waves. 

Let's dive in!

What is an association management company?

Association management companies (AMCs) provide vital support to associations of all sizes and industries. From handling day-to-day operations to executing strategic initiatives, AMCs offer a range of services tailored to each association's unique needs.

But what exactly is an association management company?

An association management company is a professional firm specializing in managing associations on behalf of their clients. These companies bring expertise and efficiency to the table, allowing associations to focus on their core mission while leaving operational details to the experts.

So, what services do association management companies offer?

AMCs offer a variety of services, including 

  • membership management, 
  • event planning, 
  • financial management, 
  • marketing, and governance support. 

With experienced professionals on their team, AMCs can assist with strategic planning, conference management, and membership recruitment campaigns.

Why choose an association management company over managing your association in-house?

There are several reasons to consider outsourcing association management. AMCs offer scalability and flexibility without the overhead costs of hiring full-time staff. Additionally, they bring industry knowledge and best practices to the table, ensuring associations remain competitive in a changing landscape.

Association management companies provide services to a diverse range of associations across various industries and sectors.

here are some types of associations that association management companies commonly offer services to:

  • Professional association management
  • Home-owner association management
  • Condominium association management
  • Trade organization management
  • Healthcare association management
  • Educational association management
  • Finance and banking association management
  • Legal association management
  • Arts and cultural association management 
  • And more…

How Much Do Association Management Companies Charge?

When it comes to association management, understanding the fee structure is vital for associations evaluating partnership options with management companies. The fees charged can vary based on factors such as the type and size of the association.

One fee to consider is the onboarding fee.

when an association signs on with an association management company. This fee covers the costs associated with migrating essential business information, like documents and accounting books, to the management company's system. It facilitates a smooth transition and integration of the association's operations with the management company's services.

Another important fee is the exit fee.

In case the association decides to terminate its partnership with the management company, an exit fee may apply. 

Additionally, there is an initiation fee.

The amount of this fee often depends on the workload. Smaller communities usually pay smaller initiation fees, while larger communities may pay $30,000 or more.

Factors to consider when selecting an association management company

Choosing the right association management company (AMC) can significantly impact the success and growth of your organization. Here are some key considerations when selecting an AMC:

Experience and Expertise: Look for an AMC with a proven track record in managing associations similar to yours.

Services Offered: Evaluate the range of services provided by the AMC and ensure they meet your organization's needs. 

Reputation and References: Research the reputation of the AMC within the industry and seek references from current or past clients.

Contract Terms and Fees: Review the contract terms, including fees and payment structures, to ensure they align with your budget and expectations. 

Top 5 Association Management Companies

1) IMN Solutions

IMN Solutions is a global, full-service association and event management company that partners with special interest communities and organizations. They offer a variety of services including

  • Leadership and Governance
  • Meetings, Conferences and Exposition Management
  • General Administration
  • Professional Development / Education, Certification and Accreditation
  • Membership Development and Engagement
  • Advocacy and Public Affairs
  • Non-Dues Revenue Generation
  • Marketing Communications and Sales

2) Partners in Association Management

Partners in Association Management is a full-service association management company. They offer a variety of services including 

  • Chief Staff Executive
  • Member Care
  • Finances
  • Education and Events
  • Conventions
  • Marketing and Communications
  • Technology
  • Certifications and Standards
  • Government Relations

3) WJ Weiser and Associates, Inc

WJ Weiser and Associates, Inc. is a company that provides association management services. They offer a variety of services including

  • Full Service Association Management Listing
  • Customized Project Services
  • Government Relations & Advocacy
  • Start-Up Services
  • Transitional Staff & Executive Services

4) Status Plus LLC

Status Plus LLC is a company that provides high-end management services to professional medical associations. They were founded in 1992. The services they offer include: 

  • Full-Service Association Management
  • Education / Accreditation Services
  • Financial Management
  • General Operations
  • Membership Management
  • Meeting Management
  • Fundraising
  • Strategic Advice

5) Raybourn Group International

Raybourn Group International (RGI) is an accredited full-service Association Management Company. The services they offer include: 

  • Full-Service Management
  • Consulting
  • Event Services

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Enes Güneş
Head of Marketing

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