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St. Theresa Point

Financial data for St. Theresa Point for fiscal year 2016-17. St. Theresa Point is a First Nation in Manitoba with a registered population of 4,534 and an on-reserve population of 4,107. 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 St. Theresa Point'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.
$6.04M deficit
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$52.72M
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$58.76M
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.
$6.97M
As of fiscal year end 2016-17
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$44.26M
As of fiscal year end 2016-17
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$37.29M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$122.23M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$85.83M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving St. Theresa Point.

ClaimStatusLast UpdateTotal Payments
Treaty Land Entitlement
Unfulfilled treaty land entitlement pursuant to Treaty 5.
Settled
Settled through Negotiations
Mar 1994
$3.39M
Treaty 5 Agricultural Benefits
Alleges the failure to provide agricultural and other benefits under Treaty 5.
Under Assessment
Date Research & Analysis started
Dec 2025
-
Total$3.39M

Remuneration and Expenses

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

PositionNameMonthsRemunerationExpensesTotal
ChiefMarie A. Wood8$73,716$36,143$109,859
ChiefDavid McDougall4$31,079$43,642$74,721
CouncillorBarry Flett12$67,559$39,585$107,144
CouncillorEdward Flett12$67,559$82,556$150,115
CouncillorMichael Harper12$68,059$77,443$145,502
CouncillorRaymond Flett12$67,559$68,722$136,281
CouncillorJamie Harper12$67,559$60,261$127,820
CouncillorCharles Monias12$66,759$35,567$102,326
CouncillorEugene Wood12$67,559$48,536$116,095
CouncillorJerry McDougall12$67,559$25,431$92,990
Total$644,967$517,886$1,162,853

This schedule is unaudited. Prepared by: MNP LLP

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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.

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