Does the management model of an association make a difference when it comes to financial performance? A new study has found that more standalone associations operated at a deficit in 2008—the first year of the recession—than those managed by association management companies. The study—“Are AMC-managed Organizations Recession-Resistant?”—found that 53 percent of standalone associations operated at a loss at the end of 2008, up from 30 percent the two previous years. The numbers are similar ...

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