Comparison · 8 material differences
ICSC vs TMA
This comparison was generated on request from the records. It carries no editorial verdict and is not indexed. The published comparisons are listed on the compare page.
Read down each column for one organization, across a row for the difference. A bronze mark at the left of a cell means the organizations differ on that row. A dash or “not published” means the organization does not disclose the fact; it is not a zero.
Verified September 2026
Professional association
Verified September 2026 ICSC
Owners, developers, managers, investors, brokers and marketers of shopping centres and other retail and mixed-use property, plus retailers, public officials and academics
Professional association
TMA
Professionals working in corporate restructuring, turnaround and distressed business: turnaround practitioners, restructuring lawyers, lenders, investors, accountants, appraisers…
What the records say
- Industry restriction: ICSC: Standard membership: companies and individuals who own, develop, manage or support marketplaces and spaces (excludes retailers and tenants); TMA: Work in or around corporate restructuring, turnaround and distressed business: practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.
- Annual dues: ICSC: $300 a year; TMA: $475 a year.
Side by side
| ICSC | TMA | |
|---|---|---|
| Profile | ||
| Type | Professional association | Professional association |
| Founded | 1957 (ICSC's own account: "With a $500 payment and a handshake, seven enterprising professionals established ICSC in a downtown Chicago hotel in 1957.") | 1988 |
| Headquarters | New York, United States | Chicago, United States |
| Geographic footprint | Global; ICSC runs regional divisions and works with national and regional shopping centre councils worldwide, and holds a Washington DC office alongside its New York headquarters | 54 chapters worldwide, 34 of them in North America; international chapters across Europe, Asia, Latin America, Africa and Australia |
| Members | 70,000as of May 2026 | 10,000as of September 2026 |
| Chapters | Not publicly disclosed as a single figure. ICSC organises by region and division rather than by named chapters, and Wikipedia reports relationships with more than 25 national and regional shopping centre councils. | 54 |
| Primary audience | Owners, developers, managers, investors, brokers and marketers of shopping centres and other retail and mixed-use property, plus retailers, public officials and academics | Professionals working in corporate restructuring, turnaround and distressed business: turnaround practitioners, restructuring lawyers, lenders, investors, accountants, appraisers and advisers |
| Typical member | Membership spans the retail property chain: shopping centre owners, developers, managers, marketing specialists, investors, retailers and brokers, together with academics and public officials. ICSC's own pricing distinguishes companies and individuals who own, develop, manage or support marketplaces from retailers and tenants, who pay a lower rate. | TMA reports its membership as roughly 43% turnaround practitioners and advisers, 20% attorneys, 14% lenders and bankers, 3% investors and 20% other related professionals including receivers, appraisers, academics, government officials, judges and recruiters. Membership is individual only, not by firm. |
| Qualification | ||
| Maximum age at joining | Next Generation membership: industry professionals under 40A discounted category, not a barrier to joining.verified September 2026 · source ↗ | NextGen membership is limited to new members aged 40 and under at the time of applicationAvailable for two years or until age 41, whichever comes firstverified September 2026 · source ↗ |
| Industry restriction | Standard membership: companies and individuals who own, develop, manage or support marketplaces and spaces (excludes retailers and tenants)Retailers and tenants have their own lower-priced category.verified September 2026 · source ↗ | Work in or around corporate restructuring, turnaround and distressed business: practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultantsTMA does not publish a formal eligibility test for professional membershipverified September 2026 · source ↗ |
| Invitation required | No | No |
| Sponsor required | No | No |
| Application process | Applicants join online through the ICSC membership pages, choosing a member type. Categories with reduced rates require documentary proof: government letterhead for public sector applicants, a university ID for academics, and a transcript, course list or registrar's letter for students. There is no sponsor, interview or committee stage in the published process. | An individual joins through my.turnaround.org, choosing a membership category and a local chapter. Discounted categories (NextGen, government or academic, and student) require verification and are subject to approval. Membership runs for twelve months from enrolment on an individual anniversary cycle. |
| Selectivity | Not publicly disclosed; the published route is open enrolment with eligibility set by the type of business the applicant is in. | Not publicly disclosed: membership is open to professionals in the field; only the discounted categories are described as subject to approval |
| Cost | ||
| Annual dues | $300 a yearStandard membershipverified September 2026 · source ↗ | $475 a yearProfessional membership; includes membership of the member's local chapterverified September 2026 · source ↗ |
| Initiation fee | Not publicly disclosed; no joining fee is listed alongside the published dues.verified September 2026 | TMA publishes two conflicting dues schedules on different pages; the Join & Benefits figures above are the ones consistent with its current chapter count. |
| Local chapter dues | ICSC publishes a simple flat rate card with no corporate tier: companies and individuals pay the same $300 standard rate. | No separate chapter dues for professional members: local chapter membership is included in the professional rateverified September 2026 · source ↗ |
| Event costs | Not recorded here. ICSC's conferences are separately ticketed and are the main cost of participation, but rates vary by event and were not read for this record.verified September 2026 | TMA publishes two conflicting dues schedules on different pages; the Join & Benefits figures above are the ones consistent with its current chapter count. |
| Membership term | Annual | 12 months from enrolment, on an individual anniversary cycle |
| Structure | ||
| Meeting frequency | A year-round conference programme including ICSC Las Vegas and ICSC New York, plus regional and state conferences | Local chapter programmes through the year plus TMA Annual, regional symposia and other conferences |
| Peer forums | No confidential peer forum structure is published; participation is through events, divisions and committees | No confidential peer forums; members organise through chapters, committees and volunteer groups |
| Confidentiality | Not publicly disclosed | Could not be independently verified: no published confidentiality policy was found |
| Time commitment | Not documented | Not documented |
| Organized as | Event-focused, Chapter-based | Chapter-based, Event-focused |
| Confidential peer forums | No | No |
| Local chapters | Partial | Yes |
| Virtual membership | Partial | No |
| Online community | Partial | Partial |
| Member directory | Yes | Yes |
| Events | Yes | Yes |
| Programming | ||
| Educational programming | Yes | Yes |
| Leadership development | Partial | Partial |
| Retreats | No | No |
| Travel | No | No |
| Family programming | No | No |
| Spouse and partner programming | Not documented | No |
| Next-generation programming | Yes | Yes |
| Investment discussions | Yes | Partial |
| Investment opportunities | Partial | Partial |
| Philanthropic component | No | No |
| Networking emphasis | High | High |
| Social emphasis | Medium | Medium |
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