North Spirit Lake

Financial data for North Spirit Lake for fiscal year 2014-15. North Spirit Lake is a First Nation in Ontario with a registered population of 495 and an on-reserve population of 421. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2014-15

Visual breakdown of North Spirit Lake's revenue sources and how funds were spent during fiscal year 2014-15.

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Financial Summary FY 2014-15

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.17M surplus
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$11.11M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$9.94M
Total expenses in FY 2014-15

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2014-15.

Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$2.72M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$29.72M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$28.31M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2014-15.

PositionNameMonthsRemunerationExpensesTotal
ChiefCaroline Keesic12$54,600$12,892-
Deputy ChiefMargaret Kakegamic1$1,900$0-
Deputy Chief ElectDonald Campbell12$48,450$15,422-
Former CouncillorRose Kakepetum7$26,013$4,135-
CouncillorBrian Rae12$46,644$7,909-
CouncillorCorey Rae5$21,528$4,822-
CouncillorRita Thompson12$47,541$10,358-
Total$246,676$55,538$0

This schedule has been audited. Prepared by: Holukoff Chiarella

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.