M'Chigeeng First Nation

Financial data for M'Chigeeng First Nation for fiscal year 2019-20. M'Chigeeng First Nation is a First Nation in Ontario with a registered population of 2,883 and an on-reserve population of 935. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2019-20

Visual breakdown of M'Chigeeng First Nation's revenue sources and how funds were spent during fiscal year 2019-20.

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Financial Summary FY 2019-20

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$3.58M surplus
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$25.64M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$22.06M
Total expenses in FY 2019-20

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2019-20.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$23.40M
As of fiscal year end 2019-20
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$35.74M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$47.32M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving M'Chigeeng First Nation.

ClaimStatusLast UpdateTotal Payments
Land Purchases
FN alleges breach of fiduciary obligation relating to sales of surrendered land that did not conform to the Crown's directives regarding how the sales were to be conducted.
Concluded
No Lawful Obligation Found
Oct 2007
-
Flooding of Lake Mindemoya
FN alleges unlawful damming of Lake Mindemoya on Manitoulin Island IR #22, by a private milling company, caused flooding damage on reserve land along the lakeshore.
Concluded
No Lawful Obligation Found
Jun 2011
-
Sanfield Sugar Bush
FN alleges desired land, known as the 'Sugar Bush Lands' were never properly set aside for them, and were sold without the notification or consultation of the FN in 1943. Also alleges loss of use of Sugar Bush.
Concluded
No Lawful Obligation Found
Mar 2011
-
Treasure Island
FN alleges breach of fiduciary obligation as a result of a failure to observe the FN requests regarding the selection of their reserve lands.
Concluded
No Lawful Obligation Found
Feb 2011
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2019-20.

PositionNameMonthsHonorariaOther RemunerationExpensesTotal
ChiefDebassige, Linda12$95,646$0$2,637$98,283
Deputy ChiefBeaudin, Albert12$9,875$0$2,458$12,333
CouncillorBeaudin, Jesse12$7,475$0$0$7,475
CouncillorCorbiere, Dennis12$11,650$0$939$12,589
CouncillorCorbiere, Ray12$8,975$0$2,675$11,650
CouncillorDebassige, Grace10$10,075$0$1,100$11,175
CouncillorDebassige, Howard12$12,000$0$0$12,000
CouncillorHare, Forry6$1,575$0$0$1,575
CouncillorHare, Tom12$5,525$0$0$5,525
CouncillorMigwans, Daughness12$12,500$0$882$13,382
CouncillorPanamick Sr, Henry12$11,675$0$0$11,675
Total$186,971$0$10,691$197,662

This schedule is unaudited. Prepared by: KPMG 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.