Chippewas of Rama First Nation

Financial data for Chippewas of Rama First Nation for fiscal year 2023-24. Chippewas of Rama First Nation is a First Nation in Ontario with a registered population of 2,170 and an on-reserve population of 762. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2023-24

Visual breakdown of Chippewas of Rama First Nation's revenue sources and how funds were spent during fiscal year 2023-24.

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Financial Summary FY 2023-24

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$17.05M surplus
Balance for FY 2023-24
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$103.44M
Total revenue in FY 2023-24
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$86.39M
Total expenses in FY 2023-24

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2023-24.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$220.11M
As of fiscal year end 2023-24
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$72.46M
As of fiscal year end 2023-24
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$118.09M
As of fiscal year end 2023-24
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$266.03M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2023-24.

PositionNameMonthsSalaryOther Remuneration (Note 1)Expenses (Note 1)Total
ChiefEdward (Ted) Williams12$152,042$70,353$30,523$252,918
CouncillorDillon Bickell12$136,598$57,392$13,359$207,349
CouncillorAnne Harrigan12$136,598$62,131$10,520$209,249
CouncillorLorraine McRae12$144,281$39,330$6,000$189,611
CouncillorRodney Noganosh-Ban5$50,840$23,299$2,000$76,139
CouncillorEdward (Ted) Snache12$136,598$74,594$7,832$219,024
CouncillorJeremy St. Germain12$136,598$61,668$6,218$204,484
Total$893,555$388,767$76,452$1,358,774

This schedule is unaudited. Prepared by: BDO Canada LLP

Sources

Financial data is sourced from annual reports published under the First Nations Financial Transparency Act (FNFTA). Data is extracted using automated processes and may contain errors. If you notice any issues, please contact us.