Albany

Financial data for Albany for fiscal year 2015-16. Albany is a First Nation in Ontario with a registered population of 5,610 and an on-reserve population of 3,413. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2015-16

Visual breakdown of Albany's revenue sources and how funds were spent during fiscal year 2015-16.

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Financial Summary FY 2015-16

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$711K deficit
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$20.68M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$21.39M
Total expenses in FY 2015-16

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2015-16.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$5.87M
As of fiscal year end 2015-16
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$2.80M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$42.08M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$39.47M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2015-16.

PositionNameMonthsRemuneration (Note 2)Expenses (Note 3)Total
ChiefAndrew Solomon12$71,999$16,482$88,481
Deputy ChiefRobert Nakogee12$56,001$5,676$61,677
CouncilorGeraldine Lorna Sutherland12$9,600$1,070$10,670
CouncilorRandy Knapaysweet12$9,600$7,500$17,100
CouncilorMicheline Loone12$9,600$666$10,266
CouncilorMary Sutherland12$9,600$1,088$10,688
CouncilorMarie Hookimaw12$9,600$2,046$11,646
CouncilorMicheal Loone Ashamock12$9,600$856$10,456
CouncilorAgathe Nakogee9$7,200$1,116$8,316
CouncilorMadelene Nakogee2$1,600$0$1,600
Total$194,400$36,500$230,900

This schedule is unaudited. Prepared by: MNP 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.