Boston, MA, (May 19, 2020) – Club Benchmarking is proud to announce continued commitment to The National Club Association and and its industry-leading COVID-19 response by renewing corporate partnership as a Strategic Alliance Partner. This renewal marks the fourth year of the relationship and strengthens NCA’s COVID-19 response and future resources.
Club Benchmarking provides mission critical financial insight to assist club leaders in making effective, fact-based governance decisions. Through the partnership, NCA has been able to offer superior industry resources to our members. NCA and Club Benchmarking jointly produce, Club Business, a semi-annual magazine that provides clubs key industry benchmarking statistics and real-world examples of how data can improve club strategic governance
“Club Benchmarking’s partnership unlocks new capabilities in the resources NCA provides to help clubs navigate this crisis,” said Henry Wallmeyer, president & CEO of the National Club Association. “Their expertise in industry benchmark data and financial best practices has been instrumental in supporting our Coronavirus Resource Center and Coronavirus Town Hall series.”
“NCA’s leadership during the COVID-19 crisis has taken our partnership to new heights,” said Ray Cronin, chief innovator and co-founder of Club Benchmarking. “Our relationship continues to strengthen the industry as we provide clubs with critical resources to thrive throughout this crisis and in the future.”
During the coronavirus crisis, Club Benchmarking has published the white paper “The Framework for a Strategic Response to the COVID-19 Crisis” to help clubs navigate financially during the economic downturn. The firm has also opened access to its Strategic Monthly Dashboard to all clubs. This tool provides critical insight on monthly market trends and changes in member counts, dues and initiation fee rates, non-dues revenue and other key financial metrics. These products are available on the Club Benchmarking website and NCA’s Coronavirus Resource Center.
The National Club Association (NCA) has been the advocate for the private club industry in Washington, D.C., for more than 55 years. As the voice of private clubs on Capitol Hill, NCA ensures that club concerns are forefront when legislative and regulatory issues affecting the industry are being decided. In addition, NCA provides club leaders an outstanding array of resources on club industry trends, governance best practices, legal and operational matters and ways to strengthen club leadership. For more information on NCA, visit nationalclub.org.
About Club Benchmarking
Club Benchmarking holds the largest accessible knowledge-base in the club world, utilizing a centralized, confidential data-sharing platform to deliver strategic comparative analysis across the entire spectrum of a club's operation. The Club Benchmarking Key Performance Indicators have become indispensable decision support tools for club boards and management teams across the country. Club Benchmarking Solutions include Financial & Operational Benchmarking, Capital Reserve Studies, Capital Strategies Modeling, Employee Engagement Surveys, Workforce Analysis & Compensation Benchmarking, Member Attachment & Loyalty Surveys and Board Advisory Services. For more information, visit clubbenchmarking.com.