SIC 8641 - Civic, Social, And Fraternal Associations
Membership organizations engaged in civic, social, or fraternal activities. Membership sports and recreation clubs are classified in Industry Group 799, and insurance offices maintained by fraternal organizations are classified in Insurance, Major Group 63. Homeowner, tenant, and condominium associations primarily engaged in managing real estate are classified in Real Estate, Industry 6531.
Industry trends:
The Civic, Social, and Fraternal Associations industry (NAICS 8641) is experiencing several qualitative trends driven by evolving societal values and technological advancements. One notable trend is the increasing emphasis on digital engagement. Associations are leveraging social media platforms, virtual events, and online communities to reach and engage members more effectively, particularly younger demographics who are digital natives.
In addition, there's a growing focus on inclusivity and diversity. Organizations are making concerted efforts to be more representative of various ethnicities, genders, and socioeconomic backgrounds. This push aligns with broader societal movements towards equity and can help associations stay relevant and attract a wider membership base.
Another significant trend is the shift towards more collaborative and purpose-driven initiatives. Members are increasingly interested in participating in projects that deliver tangible social impact. This could be through community service, advocacy, or partnering with other organizations to address pressing societal issues.
Looking ahead, these trends are likely to continue shaping the industry. The adoption of advanced technologies like artificial intelligence and data analytics for member engagement and personalized experiences will become increasingly prevalent. Moreover, the push towards sustainability and social responsibility will persist, as associations seek to align themselves with global movements and member expectations. Financial pressures may also drive mergers and collaborations among associations seeking to optimize resources and enhance impact.
This industry is comprised of:
Alumni associations and club
Bars and restaurants owned and operated for members of
Booster clubs
Business persons clubs, civic and social
Citizens'unions
Civic associations
Community membership clubs, other than amusement and recreation
Condominium associations, except property management
Fraternal associations, other than insurance offices
Fraternal lodges
Fraternities and sororities, except residential
Homeowner associations, except property management
Parent-teacher associations
Singing societies
Social club, membership
Taxpayers'associations
Tenant associations, except property management
University club
Veterans'organizations
Youth associations, except hotel units
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