Serpent River

Financial data for Serpent River for fiscal year 2021-22. 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 2021-22

Visual breakdown of Serpent River's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.15M surplus
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$19.40M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$18.25M
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$21.86M
As of fiscal year end 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$22.93M
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 2021-22.

PositionNameMonthsRemuneration (Note 1)Expenses (Note 1)Total
ChiefBrent Bissaillion12$70,000$1,437$71,437
Head CouncillorEarl Commanda7$6,300$0$6,300
Head CouncillorWilma-Lee Johnston5$4,500$0$4,500
CouncillorSteven Baranyai7$5,250$764$6,014
CouncillorKerri Commanda12$9,000$0$9,000
CouncillorMarlene Essex7$5,250$3,677$8,927
CouncillorJoey Jacobs5$3,925$349$4,274
CouncillorShirley McLeod12$9,000$309$9,309
CouncillorMathilda McLeod7$5,250$0$5,250
CouncillorSteve Meawasige12$9,000$1,515$10,515
CouncillorMichelle Owl12$9,000$2,022$11,022
CouncillorMiranda Pelletier7$5,250$1,768$7,018
CouncillorNicole Pelletier-Southwind7$5,250$549$5,799
CouncillorJohn Trudeau12$9,000$0$9,000
Total$155,975$12,390$168,365

This schedule is unaudited. Prepared by: Chartered Professional Accountants, Licensed Public Accountants

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.