Nibinamik First Nation

Financial data for Nibinamik First Nation for fiscal year 2015-16. Nibinamik First Nation is a First Nation in Ontario with a registered population of 570 and an on-reserve population of 419. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2015-16

Visual breakdown of Nibinamik First Nation's revenue sources and how funds were spent during fiscal year 2015-16.

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Financial Summary FY 2015-16

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$597K deficit
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$10.17M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$10.77M
Total expenses in FY 2015-16

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2015-16.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$2.28M
As of fiscal year end 2015-16
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$599K (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$19.83M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$19.94M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2015-16.

PositionNameMonthsRemuneration²Expenses³Total
ChiefJohnny Yellowhead12$40,900$48,679$89,579
CouncillorIla Beaver4$9,600$8,508$18,108
CouncillorJames Beaver8$27,550$3,614$31,164
CouncillorStanley Oskineegish12$35,900$13,587$49,487
CouncillorSheldon Oskineegish4$8,000$1,264$9,264
CouncillorConrad Oskineegish8$27,550$500$28,050
CouncillorKevin Wabasse4$7,000$10,539$17,539
CouncillorMathias Wabasse8$27,550$3,013$30,563
Total$184,050$89,704$273,754

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.