Netmizaaggamig Nishnaabeg

Financial data for Netmizaaggamig Nishnaabeg for fiscal year 2016-17. Netmizaaggamig Nishnaabeg is a First Nation in Ontario with a registered population of 1,166 and an on-reserve population of 345. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2016-17

Visual breakdown of Netmizaaggamig Nishnaabeg's revenue sources and how funds were spent during fiscal year 2016-17.

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Financial Summary FY 2016-17

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$367K deficit
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$17.95M
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$18.32M
Total expenses in FY 2016-17

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2016-17.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$77.94M
As of fiscal year end 2016-17
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$10.85M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$23.99M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$13.61M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Netmizaaggamig Nishnaabeg.

ClaimStatusLast UpdateTotal Payments
Reserve Allocation
(Band previous name: Pic Mobert) FN alleges their right to reserve land under the Robinson-Superior treaty has not been fulfilled. Additionally, the FN alleges fiduciary obligation breaches by DIAND relating to negotiations with Ontario to purchase reserve land for the Band in 1922.
Other
Claim in Active Litigation
Dec 2007
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2016-17.

PositionNameMonthsHonorariaWages/Contract FeesTotal RemunerationTravelAllowancesTotal ExpensesTotal
ChiefWayne Sabourin12$60,000$56,898$116,898$46,639$1,200$47,839$47,839
CouncillorJohanna Desmoulin12$13,650$8,763$22,413$5,298$1,694$6,992$6,992
CouncillorJohn Kwissiwa12$14,465$41,860$56,325$7,400$753$8,153$8,153
CouncillorLouis Kwissiwa12$15,025$19,994$35,019$9,234$1,200$10,434$10,434
CouncillorClyde Jacobs12$12,500$59,227$71,727$827$6,700$7,527$7,527
CouncillorJeff Desmoulin12$12,250$0$12,250$827$1,200$2,027$2,027
CouncillorVern McWatch12$13,275$167,887$181,162$1,813$1,200$3,013$3,013
CouncillorThurston Kwissiwa12$12,975$12,360$25,335$4,592$1,200$5,792$5,792
CouncillorHannah Desmoulin12$12,825$49,014$61,839$4,831$1,200$6,031$6,031
CouncillorLinus Kwissiwa12$18,750$0$18,750$7,662$1,200$8,862$8,862
Total$185,715$416,003$601,718$89,123$17,547$106,670$106,670

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.