Sheshatshiu Innu First Nation

Financial data for Sheshatshiu Innu First Nation for fiscal year 2020-21. Sheshatshiu Innu First Nation is a First Nation in Newfoundland and Labrador with a registered population of 2,014 and an on-reserve population of 1,803. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2020-21

Visual breakdown of Sheshatshiu Innu First Nation's revenue sources and how funds were spent during fiscal year 2020-21.

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Financial Summary FY 2020-21

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$215K deficit
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$36.81M
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$37.03M
Total expenses in FY 2020-21

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2020-21.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$47.12M
As of fiscal year end 2020-21
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$24.80M
As of fiscal year end 2020-21
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$66.54M
As of fiscal year end 2020-21
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$89.10M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2020-21.

PositionNameMonthsChief and Councilor Remuneration (Note 1)Other Remuneration (Note 1)TotalTravel Expenses (Note 2)
CouncillorPenute Andrew12$101,702$36,000$137,702$0
CouncillorTerrance Andrew12$102,424$44,000$146,424$1,877
CouncilorLaureen Ashini12$113,914$54,500$168,414$4,661
ChiefEugene Hart12$197,641$54,000$251,641$14,683
CouncilorHelen Aster8$56,394$30,000$86,394$0
CouncilorKaren Penunsi12$113,914$64,000$177,914$2,562
CouncilorDaniel Pinette12$92,375$25,500$117,875$3,711
Total$778,364$308,000$1,086,364$27,494

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.