Club manager Steve Long speaks during Glacier Gymnastics’ annual general meeting on Nov. 14. Photo: Tyler Harper

Glacier Gymnastics posts $7K loss

The popular sports organization is struggling financially

One of Nelson’s most popular sports organizations is struggling to pay the rent.

Glacier Gymnastics posted a net loss of $7,422 for the 2018-19 year ending in August, according to statements made public at its annual general meeting on Nov. 14.

Outgoing club president Honey Bellman said a combination of high rental costs for its space at the Civic Centre as well as a drop in enrolment are the main reasons for the loss.

Two years ago the City of Nelson rewrote Glacier’s lease agreement to account for rising utility costs. Now, a club that made a profit of over $20,000 in 2016 is in the red.

“This is the first year we’re in a pinch from it,” said Bellman.

Glacier’s popularity runs only second to the Nelson Soccer Association within the city. The club had 777 registered gymnasts last year, a drop of 20 from the year prior.

Bellman said the lower enrolment coincides with a pair of raises to fees that were made to help offset the more expensive city bill.

“We can’t say if that’s for sure because the fees have gone up, but we think we are at that threshold where we want to be accessible to everybody,” she said. “You can’t just keep raising the fees.”

Bellman said the club plans to meet with city staff to work out a new lease.

Glacier paid the city $18,900 in rent last year, plus another $8,581 in operations and maintenance costs. Its total operating expenses, which include utilities and $28,888 in payroll expenses, were $80,617. Glacier also owes the city $7,000 in outstanding fees.

The loss also comes despite major increases in grant and fundraising income. Glacier earned over $100,000 in grant funding and nearly doubled its own fundraising at $19,000.

The club spent $67,000 on capital expenditures including new mats and a vault table, as well as a new multipurpose space.

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Pay guarantee removed for some Kootenay on-call paramedics

Guarantee phased out as BCEHS introduces a new “scheduled on call” model

No active confirmed COVID-19 cases in Interior Health: BCCDC

Numbers from the BCCDC’s dashboard show 193 of the 195 COVID-19 cases in the region have recovered

Nelson council backtracks on one-way High Street

Bike corridor will have two shared lanes, reduced vehicle traffic and lower speed limits

Nelson counsellor works online with university students in central Asia during pandemic

Robin Higgins is home from her job in Tajikistan because of COVID-19

March dental conference key to many of B.C.’s COVID-19 cases

Early infections from China, Iran were quickly contained

Help the Nelson Star continue its mission to provide trusted local news

Black Press is now accepting donations to keep its papers operating

Vancouver Island First Nations gather to remember woman fatally shot by police

Nuu-chah-nulth Tribal Council requests an independent investigation

Regional District of Kootenay Boundary rescinds all Grand Forks-area evacuation orders

Evacuation alerts for 1,136 Boundary properties remain in effect as officials monitor forecasts

MAP: Dr. Henry reveals which B.C. regions have seen most COVID-19 cases

B.C. health officials release a first look at how the novel coronavirus has reached all corners of the province

Tla-o-qui-aht First Nation woman, 26, fatally shot by police in Edmundston, N.B.

Police were conducting a well-being check at the time of the incident

Seniors to receive up to $500 in promised COVID-19 emergency aid in early July

The Liberal government first promised the extra help in mid-May, but had to create a new system to deliver the aid

VIDEO: Revelstoke bear wanders into Animal House pet store

Staff got ready to chase it out with a broom

New study is first full list of species that only exist in Canada

Almost 40 per cent of them are critically imperilled or imperilled and eight are already extinct

Most Read