Bingwi Neyaashi Anishinaabek

Financial data for Bingwi Neyaashi Anishinaabek for fiscal year 2019-20. Bingwi Neyaashi Anishinaabek is a First Nation in Ontario with a registered population of 385 and an on-reserve population of 82. 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 Bingwi Neyaashi Anishinaabek'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.
$2.93M surplus
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$6.57M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$3.65M
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.
$4.59M
As of fiscal year end 2019-20
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$2.46M
As of fiscal year end 2019-20
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$6.48M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$8.67M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Bingwi Neyaashi Anishinaabek.

ClaimStatusLast UpdateTotal Payments
Boundary
(Band previous name: Sand Point). Alleged that the FN has yet to receive land under the terms of the Robinson-Superior Treaty or any other treaty. The claim is located in the south-eastern section of Lake Nipigon.
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 2019-20.

PositionNameMonthsRemuneration2Expenses3Total
ChiefJoe Ladouceur12$78,500$4,192$82,692
CouncillorKatie Borysewicz12$53,000$4,262$57,262
CouncillorLillian Calder12$53,000$2,453$55,453
Total$184,500$10,907$195,407

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.