Trojans’ lengthy season leads to financial gain

The Trojans’ 2018-19 unaudited financial statement at their annual general meeting saw their income over $31,000 more than their expenses. Their bank balance is over $100,000 for all accounts, including over $44,000 for general operations.

Pat Bladen, Trojans’ treasurer, told northeastNOW more fans attended games this season in part to Tisdale hosting the 2019 Telus Cup Western Regionals.

“That also generates more 50/50 sales,” Bladen said.“Using our new electronic equipment helped.”

The Trojans made nearly $14,000 in 50/50 over the course of the regular season, nearly $4,500 higher than the previous year and $6,000 more than what they budgeted. That’s not including the near $3,500 they made during playoffs.

However, the Trojans spent over $5,600 in new 50/50 equipment, including automated machines and a TV screen showing the jackpot. That appears to only be a one-time payment.

“Our expenses are going to be pretty minimal now on for our 50/50,” Bladen said. “We’ve made the initial input, costs, and training, so it’s just going to be regular maintenance and paper supplies.”

Some numbers that aren’t in the Trojans’ financial statement are from the Western Regionals. Bladen said the only costs related to the tournament would be the repayment of loans from the Tisdale Trojans Western Regionals committee which falls under the near $19,000 in miscellaneous income this year, after their loan to the committee was an expense last year.

On the national stage, the Trojans spent roughly $4,700 as the team travelled to Thunder Bay for the Telus Cup. Hockey Canada covers a large chunk of meals, hotels, and travel for 26 members of a team who have advanced to the national midget hockey championship, but Bladen said there were other expenses that weren’t going to be covered along the way.

“That includes stopping for meals along the way, hotels, and renting ice in Yorkton,” she said. “Most of the meals during the actual event were supplied, but you still have certain things that you have to buy [the players], like water and Gatorade. It’s all costs that you need to have when you’re taking 26 people that far away.”

The Trojans took 20 regular roster players, two alternate players, and all four members of their coaching staff to Thunder Bay.

Looking ahead to next year’s finances without the Western Regionals to hype the season, Bladen said the Trojans’ goal is to always maintain their financial record. She said they’ve had many years where they’ve been facing a deficit.

“We’ll have to decide if we’ll do our major fundraiser, which is our Christmas gala,” she said. “It’s a lot of work, but it generates some revenue. If we’re not going to do that then we have to find other ways. We don’t rely just on our fan base, we try – as an executive – to create our own revenue as well.”

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aaron.schulze@jpbg.ca

On Twitter: @SchulzePANow

by Aaron Schulze

Trojans’ lengthy season leads to financial gain

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