Whitesand

Financial data for Whitesand for fiscal year 2014-15. Whitesand is a First Nation in Ontario with a registered population of 1,349 and an on-reserve population of 418. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2014-15

Visual breakdown of Whitesand's revenue sources and how funds were spent during fiscal year 2014-15.

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Financial Summary FY 2014-15

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.42M surplus
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$9.74M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$8.32M
Total expenses in FY 2014-15

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2014-15.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$13.47M
As of fiscal year end 2014-15
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$8.29M
As of fiscal year end 2014-15
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$5.83M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$11.02M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2014-15.

PositionNameMonthsRemunerationExpensesTotal
ChiefAllan Gustafson12$81,501$26,054$107,555
CouncillorRaymond Kwandibens12$6,550$2,845$9,395
CouncillorRene Wilson12$33,905$1,969$35,874
CouncillorJermaine Nodin12$15,800$1,148$16,948
CouncillorAlex Wanakamik12$6,000$1,475$7,475
CouncillorErnie Wanakamik11$2,000$500$2,500
CouncillorPaul Matinet12$6,200$2,563$8,763
Total$151,956$36,554$188,510

This schedule is unaudited. Prepared by: Ronald E. Day CPA, CA

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.