Financial Summary

As one might expect, operating WYHA is an expensive proposition.  At its current size, the program takes in nearly $375,000 in tuition (and uniform) payments alone.  This money is used to fund all operations including ice rentals, league fees and clinics.  As most of you know, Wellesley Youth Hockey is governed by a nine member Board Of Directors, all of whom are volunteers.  All of the coaches, team managers and special project coordinators are also volunteering their time.  WYHA receives no funding from the Town of Wellesley and pays up to $320 per hour for ice time at the various arenas we use.

Our largest expense by far is the practice ice time rental.  In a normal year, 50% of tuition money is used to purchase ice time at Babson, St. Sebastian’s, Dexter, Rivers, Fessenden, B.U., and Milton Academy arenas.  Every year these hourly rates rise and every year we look for more available time.  WYHA has set aside much of the Winter Face-Off fundraising proceeds from the last few years to use for blocks of ice time as they become available.  Our second largest expense is league fees, which are usually 20-25% of yearly tuition.  Our teams are in the Greater Boston Youth Hockey League and the Middlesex Yankee Conference Girls League.  Our third largest expenditure is for uniforms, usually about 10% of tuition.  If one combines player development (Lovell's clinics, checking clinics, goalie clinics, etc.) and professional services (outside coaches, etc…) that would comprise nearly another 10%.  Administrative costs are generally about 8% of the total; these costs include MassHockey registrations, USA Hockey registrations, coaching clinic reimbursements, Verizon, etc.   The remaining money is normally spent on insurance policies, an occasional charitable contribution and other miscellaneous items.

WYHA is extremely fortunate to have very loyal families who contribute time, effort and money to the program.  Thanks to all of you, WYHA is in very solid financial condition.  Should you have other questions regarding how the program is operated please contact the Board President.