Serpent River

Financial data for Serpent River for fiscal year 2019-20. Serpent River is a First Nation in Ontario with a registered population of 1,713 and an on-reserve population of 408. 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 Serpent River'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.
$680K surplus
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$19.11M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$18.43M
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.
$6.69M
As of fiscal year end 2019-20
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$2.02M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$22.76M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$20.77M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Serpent River.

ClaimStatusLast UpdateTotal Payments
Highway Taking
Alleged illegal occupation and trespass of approximately 100 acres of I. R. No. 7 by Public Highways constructed between 1870 and 1956 without proper surrender or compensation.
Other
File Closed
Oct 2007
-
Acid Plant
Alleges that Canada breached its treaty, statutory and fiduciary obligations towards them while executing and managing a portion of their Reserve land during the construction and operation of an acid plant.
Invited to Negotiate
Awaiting Response
Nov 2012
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2019-20.

PositionNameMonthsRemuneration (Note 1)Expenses (Note 1)Total
ChiefBrent Bissaillion5$29,609$9,430$39,039
ChiefElaine Johnston7$40,759$10,429$51,188
CouncillorSteven Baranyai5$3,871$156$4,027
Head CouncillorEarl Commanda5$4,621$0$4,621
CouncillorKerri Commanda5$3,871$100$3,971
CouncillorMarlene Essex5$3,871$100$3,971
CouncillorJoey Jacobs12$9,000$748$9,748
CouncillorNadine Labelle7$5,129$225$5,354
CouncillorShirley McLeod12$9,000$2,204$11,204
CouncillorMathilda McLeod5$3,871$0$3,871
CouncillorEmma Meawasige7$5,129$3,930$9,059
CouncillorSteve Meawasige12$9,000$2,591$11,591
CouncillorMichelle Owl12$9,000$2,056$11,056
CouncillorMiranda Pelletier12$9,000$2,932$11,932
CouncillorPamela Pelletier7$5,129$3,456$8,585
CouncillorNicole Pelletier-Southwind12$9,000$1,886$10,886
CouncillorChristopher Simpson Johnston7$5,129$0$5,129
CouncillorJohn Trudeau5$3,871$1,438$5,309
Total$168,860$41,681$210,541

This schedule is unaudited. Prepared by: BDO Canada 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.