“I’m honestly honoured, because I really believe that while we do have many important resources and facilities within our community, and not to downplay those facilities, but I do believe the Yellowhead Centre is the focus of what makes our community, in so many ways,” Jacobsen stated. “So, to be able to keep [the Yellowhead Centre] going and to work on its’ future has been very satisfying.”

The financial statements

Despite a slight increase in revenue this year across the board, the Yellowhead Centre still ran a year-end loss of $57,505. The primary reason for that was basically due to increases in insurance, as well as repairs and maintenance spending. The insurance coverage for the Yellowhead rose year-over-year by a little under $10,000. As for repairs, $145,999 was spent to keep the facility operational, an increase of $26,555 from the previous year. Total revenue for the year was $552,389, an improvement of $28,251 ($524,138 for the 2024 fiscal year). That number came from the combined operational revenue from the building, as well as donations, grants and the annual farming fundraiser project. The expenses, meanwhile, were $609,992 ($585,205 for 2024 fiscal year). Outgoing board president Wayne Jacobsen did note, however, that the year-end loss is not as bleak as it may appear, as revenue from the farming project will be made available soon. As well, the line of credit should be paid down significantly by the end of this year, which will make operation of the facility much easier.