It wasn't quite comparable to the enormous profit they made in their first year at Affinity Place, but the 2012-13 season was a good one financially for the Estevan Bruins.
The Bruins held their annual general meeting on Oct. 15, where they revealed a profit of $11,476 for last year, ending April 30.
Also notable was several changes to the team's board of directors. President Jeff Pierson was not available due to out-of-province business but conveyed his intention not to re-offer for his position. He plans to stay involved with the team, but not in a board capacity.
Vice president Chad Saxon was acclaimed for another term, as was treasurer Cory Prokop.
Board members Brian Skjonsby, Brent Sauter and Randy Bye have another year on their terms.
The vacant position formerly held by Perry Wenham was filled by Brant Kersey, who was acclaimed.
One vacancy remains on the executive and the members will meet soon to determine who will take over the president's role.
The Bruins posted $987,304 in total revenue last year, which was up from the previous season. They registered $691,491 in cost of sales, as well as $284,337 in other expenses, which were both up from the previous year.
The Bruins had a loss of $179,514 in the regular season, based on game-related revenue and expenses. They brought in about $160,000 from season tickets, which was slightly down. On the expenses side, they paid out $138,462 in salaries.
Byron Mack of MNP, which audited the financial statements, noted that severance paid to former coach Keith Cassidy contributed to the increase in salaries, and also said that a later season ticket push last year was part of why those numbers were down.
The team made a profit of $26,814 in the playoffs. About $45,000 came in from game day admission. Bus costs were more than doubled from the previous year, due to facing Kindersley and Yorkton rather than Notre Dame and Weyburn in 2011-12.
The club brought in $235,580 in corporate advertising, up slightly from the previous year, including about $169,000 in signage and logos.
The Bruins also made $129,623 from fundraising efforts, including a total of $73,537 from the 2012 sportsman's dinner.
The team's long-standing debt to the City of Estevan was raised at the meeting. Prokop said the board met with the City a month ago and nailed down a dollar figure, as there was some confusion over the amount owed from the last two decades.
Prokop said the plan is some of the debt will be paid very soon, and that hopefully the older debts will be forgiven.
"I think the team and the city would like to move forward and let's put this behind us," he said.
It was also noted that the team will soon have to start preparing a bid for the 2016 Western Canada Cup.
"Everybody needs to keep that in the back of their minds," Saxon said.
