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The Joseph E. Shaner Company > News > Press Releases FOR
IMMEDIATE RELEASE (Baltimore,
MD) - Thomas C. Shaner, president of The Joseph E. Shaner Co. in Baltimore,
has been named by the American Society of Association Executives (ASAE)
as Chairman of the Association Management Companies (AMC) Accreditation
Commission. In this volunteer leadership role, Shaner, a Certified
Association Executive (CAE) will oversee the governance of policies
and procedures leading to AMCs becoming and/or maintaining Accreditation. The AMC
Accreditation program was established to identify practices indicative
of quality AMCs; assess the procedures of individual AMCs; formally
recognize those AMCs that meet requirements set forth by the Accreditation
Commission; and improve the quality of services provided to the association
community. Fifteen
standards set for ASAE-Accredited AMCs include requirements that the
AMC maintain bonding and comprehensive insurance coverages to protect
association clients; manage all client accounts and funds in compliance
with accounting rules and regulations as promulgated by the Financial
Accounting Standards Board; have written policies precluding co-mingling
of assets among client associations or with assets of the AMC; and
while operating ethically and in compliance with all applicable laws
and regulations, recognize the unique missions, goals, structures,
and needs of their association clients and use their best efforts
to meet those needs. Accredited-AMCs
are also required to ensure that employees are certified or qualified
to provide services to clients when certification or a particular
qualification is necessary to serve the client effectively; and to
maintain full and accurate records of association clients, maintain
confidentiality of client records, data, proceedings, contracts, and
other information and maintain and provide a written confidentiality
policy to clients. Shaner
has announced his intention that the Commission develop a "body
of knowledge" test for Accreditation, too. The Joseph
E. Shaner Co. provides association management services to over a dozen
prominently recognized non-profit trade and professional associations
including the American Institute of Floral Designers, Professional
Grounds Management Society, Maryland Optometric Association, Maryland
Chiropractic Association, Maryland Association of Mortgage Brokers,
Maryland Improvement Contractors Association and the Chesapeake Human
Resources Association. Also
served by the Shaner organization are the Building Owners and Managers
Association of Baltimore; the Maryland Chapters of the National Association
of Industrial and Office Parks, Appraisal Institute, Criminal Defense
Attorneys and Public Relations Society of America; Property Owners
Association of Baltimore, National Association of Insurance and Financial
Advisors of Baltimore and the Baltimore City Dental Society. In addition
to his professional role for his clients, Shaner has been a long-time
leader as a volunteer in associations, too. He is a former president
of the Maryland Society of Association Executive, Maryland Chapter
of the Public Relations Society of America, Association Executives
Council of the Building Owners and Managers Association, Floral Association
Council of the Society of American Florists, and the Baltimore City
College Alumni Association. He is also a past chairman of the U.S. Chamber of Commerce's Institute of Organization Management. ###
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Shaner's
company, a Chartered Accredited AMC, was one of only 28 AMCs to have
met the standards of practice set by the ASAE AMC Accreditation Commission
when it launched the program in 2001. Today there are 59 AMCs worldwide
that have earned the coveted designation.