Amp, a St. Paul company that typically serves as the public face of the professional and trade associations it manages, needed to remake its own organizational identity.
When Amp Chief Executive PJ Voysey and his wife, Cathy, bought the company at the end of 2010, they liked its strong business model, growth potential and alignment with their personal values, which emphasize community service.
But the name, Nonprofit Solutions, under which it operated since its founding in 1996, caused confusion, suggesting to some people that the company was not for profit.
The newly christened Amp, for one thing, is very much a for-profit enterprise, CEO Voysey said.
It offers full-service administrative management and support services to nonprofit professional associations that otherwise are run largely by volunteers. With 23 employees who manage events, communications, membership and other services, the company had revenue of $1.5 million last year.
And contrary to what the old name suggested, the company doesn't offer business counseling or start-up help to philanthropic groups.
"I'd find I spent more time talking about what we don't do," said PJ Voysey, who earlier helped turn around technology services firm Techies and formerly owned Sub-Tronics, a custom transformer manufacturer. "The minute you say nonprofit, people think of it as Save the Whale or Feed the Children."
Voysey said he sees great upside in association management. Only about 5 percent of professional and trade associations now rely on such firms, he said.