August 8, 2015 – An independent study by a researcher from Brigham Young University (BYU) shows that associations of all sizes can benefit from partnering with an Association Management Company.
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 James 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