Webequie

Financial data for Webequie for fiscal year 2016-17. Webequie is a First Nation in Ontario with a registered population of 1,001 and an on-reserve population of 850. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2016-17

Visual breakdown of Webequie's revenue sources and how funds were spent during fiscal year 2016-17.

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Financial Summary FY 2016-17

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$2.15M surplus
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$25.83M
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$23.68M
Total expenses in FY 2016-17

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2016-17.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$4.21M
As of fiscal year end 2016-17
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$7.21M
As of fiscal year end 2016-17
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$3.00M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$40.96M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$38.35M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2016-17.

PositionNameMonthsRemunerationExpensesTotal
ChiefCornelius Wabasse12$82,250$45,213-
CouncilJames Suganaqueb11$58,400$34,001-
CouncilRoy Spence12$67,250$5,954-
CouncilTommy Shewaybick7$36,450$4,219-
CouncilHarry Wabasse12$71,625$1,676-
CouncilLawrence Mekanak12$66,000$3,065-
CouncilTim Sofea11$56,250$8,058-
CouncilRandy Jacob2$7,500$0-
CouncilElsie MacDonald1$6,250$4,148-
Total$451,975$106,334$0

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.