Netmizaaggamig Nishnaabeg

Financial data for Netmizaaggamig Nishnaabeg for fiscal year 2017-18. 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 2017-18

Visual breakdown of Netmizaaggamig Nishnaabeg's revenue sources and how funds were spent during fiscal year 2017-18.

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Financial Summary FY 2017-18

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$3.70M deficit
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$17.59M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$21.29M
Total expenses in FY 2017-18

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2017-18.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$76.29M
As of fiscal year end 2017-18
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$92.14M
As of fiscal year end 2017-18
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$15.85M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$25.60M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$10.34M
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 2017-18.

PositionNameMonthsHonorariaWages/ Contract FeesTotal RemunerationTravelAllowancesTotal ExpensesTotal
ChiefWayne Sabourin4$20,000$9,229$29,229$10,709$0$10,709$10,709
ChiefJohanna Desmoulin8$15,000$50,319$65,319$11,829$2,128$13,957$13,957
CouncillorJohanna Desmoulin4$6,150$0$6,150$0$0$0$0
CouncillorJohn Kwissiwa4$6,225$15,919$22,144$634$300$934$934
CouncillorLouis Kwissiwa12$30,926$4,550$35,476$13,888$1,200$15,088$15,088
CouncillorClyde Jacobs12$19,000$53,619$72,619$4,313$7,200$11,513$11,513
CouncillorJeff Desmoulin12$18,000$0$18,000$2,622$1,200$3,822$3,822
CouncillorVern McWatch12$18,200$184,203$202,403$703$1,200$1,903$1,903
CouncillorThurston Kwissiwa12$19,275$3,890$23,165$4,296$1,200$5,496$5,496
CouncillorHannah Desmoulin12$18,300$49,760$68,060$1,795$1,200$2,995$2,995
CouncillorLinus Kwissiwa4$7,550$0$7,550$1,346$400$1,746$1,746
CouncillorTheresa Bananish8$12,000$142,301$154,301$703$800$1,503$1,503
CouncillorJessica McWatch8$12,000$38,059$50,059$703$800$1,503$1,503
CouncillorChristopher Bananish8$12,226$21,163$33,389$2,544$2,000$4,544$4,544
Total$214,852$573,012$787,864$56,085$19,628$75,713$75,713

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.