I'd certainly ask for a location fee but there are other things to consider. I once was part of a commercial photo shoot on my site and we got a handsome location fee for the day but what I didn't consider when we asked permission from the committee was the amount of people. One main photographer, two assistants and a gaffer, one stylist, one make up and hair lady, the exec in charge of the ad campaign, two people from the company itself and a Winnebago with driver. They were actually fantastic and very respectful but it did cause issues as they got bored (an 8 hour shoot) and wondered around a bit and some of our older members weren't too happy they hadn't been informed (we did put up notices). Plus we were worried about our insurance covering an accident but they assured me they had their own.
My day was great and photographer et al were all really nice but if you do go ahead make sure you know what you are letting yourself in for in terms of time and the amount of people involved.
The pictures turned out well too but I was amazed at the time and effort it took for one pic - 8 hours and 10 people for one photograph.