Netmizaaggamig Nishnaabeg

Financial data for Netmizaaggamig Nishnaabeg for fiscal year 2022-23. 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 2022-23

Visual breakdown of Netmizaaggamig Nishnaabeg's revenue sources and how funds were spent during fiscal year 2022-23.

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Financial Summary FY 2022-23

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$5.21M deficit
Balance for FY 2022-23
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$20.98M
Total revenue in FY 2022-23
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$26.19M
Total expenses in FY 2022-23

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2022-23.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$94.69M
As of fiscal year end 2022-23
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$18.27M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$30.45M
As of fiscal year end 2022-23
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$12.25M
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 2022-23.

PositionNameMonthsHonorariaWages/ Contract FeesTotal RemunerationTravelAllowancesTotal ExpensesTotal
ChiefLouis Kwissiwa12$6,675$137,199$143,874$27,615$0$27,615$27,615
Deputy ChiefThurston Kwissiwa12$0$60,493$60,493$21,434$0$21,434$21,434
CouncillorJohanna Desmoulin12$22,350$71,120$93,470$501$0$501$501
CouncillorJeff Desmoulin12$22,250$664,345$686,595$4,666$0$4,666$4,666
CouncillorVern McWatch12$21,975$337,238$359,213$0$0$0$0
CouncillorMyles Kwissiwa12$22,475$83,882$106,357$12,210$0$12,210$12,210
CouncillorMichelle Ward12$22,225$75,746$97,971$9,525$0$9,525$9,525
CouncillorWayne Sabourin12$22,250$0$22,250$4,155$0$4,155$4,155
CouncillorBasil Sabourin12$24,245$42,852$67,097$11,255$0$11,255$11,255
CouncillorJudie Desmoulin12$22,225$63,072$85,297$5,493$0$5,493$5,493
Total$186,670$1,535,947$1,722,617$96,854$0$96,854$96,854

This schedule has been audited. 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.