NAICS Code 561110-03 - Association Management
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NAICS Code 561110-03 Description (8-Digit)
Hierarchy Navigation for NAICS Code 561110-03
Parent Code (less specific)
Tools
Tools commonly used in the Association Management industry for day-to-day tasks and operations.
- Association management software
- Event management software
- Email marketing software
- Social media management tools
- Financial management software
- Project management tools
- Survey and polling software
- Website content management systems
- Online community platforms
- Data analytics tools
Industry Examples of Association Management
Common products and services typical of NAICS Code 561110-03, illustrating the main business activities and contributions to the market.
- Trade association management
- Professional association management
- Non-profit organization management
- Chamber of commerce management
- Industry group management
- Advocacy group management
- Alumni association management
- Fraternity/sorority management
- Homeowners association management
- Sports league management
Certifications, Compliance and Licenses for NAICS Code 561110-03 - Association Management
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Certified Association Executive (CAE): The CAE certification is awarded by the American Society of Association Executives (ASAE) and is designed for professionals who have at least five years of experience in association management. The certification requires passing an exam and completing continuing education credits.
- Certified Meeting Professional (CMP): The CMP certification is awarded by the Events Industry Council and is designed for professionals who plan and execute meetings, conferences, and events. The certification requires passing an exam and completing continuing education credits.
- Certified Nonprofit Professional (CNP): The CNP certification is awarded by the Nonprofit Leadership Alliance and is designed for professionals who work in nonprofit organizations. The certification requires completing a comprehensive training program and passing an exam.
- Certified Fund Raising Executive (CFRE): The CFRE certification is awarded by the Association of Fundraising Professionals and is designed for professionals who work in fundraising. The certification requires passing an exam and demonstrating a certain level of experience and education in fundraising.
- Certified Association Sales Executive (CASE): The CASE certification is awarded by the Professional Convention Management Association and is designed for professionals who work in sales for associations. The certification requires passing an exam and demonstrating a certain level of experience and education in association sales.
History
A concise historical narrative of NAICS Code 561110-03 covering global milestones and recent developments within the United States.
- Association Management is a relatively new industry that emerged in the late 19th century. The first professional association, the American Bar Association, was founded in 1878. Since then, the industry has grown significantly, with the establishment of numerous professional associations in various fields. In the United States, the industry experienced significant growth in the 1960s and 1970s, with the establishment of several large associations, such as the American Medical Association and the American Dental Association. In recent years, the industry has seen a shift towards more technology-driven solutions, with the use of online platforms and social media to connect members and facilitate communication.
Future Outlook for Association Management
The anticipated future trajectory of the NAICS 561110-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The Association Management industry in the USA is expected to grow in the coming years due to the increasing demand for professional management services for non-profit organizations. The industry is expected to benefit from the growing number of non-profit organizations and the increasing complexity of their operations. The industry is also expected to benefit from the growing trend of outsourcing non-core activities to professional service providers. However, the industry is also expected to face challenges such as increased competition, changing regulations, and the need to adopt new technologies to remain competitive.
Industry Innovations for NAICS Code 561110-03
Recent groundbreaking advancements and milestones in the Association Management industry, reflecting notable innovations that have reshaped its landscape.
- Virtual Event Management: With the COVID-19 pandemic, the Association Management industry has shifted towards virtual event management. This has allowed organizations to continue their operations and events without the need for physical gatherings.
- Data Analytics: The industry has started to adopt data analytics to improve their operations and decision-making processes. This has allowed organizations to gain insights into their members' behavior and preferences, which can be used to improve their services.
- Social Media Management: The industry has started to use social media platforms to engage with their members and promote their services. This has allowed organizations to reach a wider audience and improve their brand awareness.
- Online Learning Platforms: The industry has started to adopt online learning platforms to provide training and education to their members. This has allowed organizations to provide their services to a wider audience and improve their members' skills and knowledge.
- Sustainability Initiatives: The industry has started to adopt sustainability initiatives to reduce their environmental impact. This has allowed organizations to improve their reputation and attract members who are environmentally conscious.
NAICS Code 561110-03 - Association Management
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