Loon River Cree

Financial data for Loon River Cree for fiscal year 2015-16. Loon River Cree is a First Nation in Alberta with a registered population of 747 and an on-reserve population of 616. 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 Loon River Cree'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.
$9.25M surplus
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$22.44M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$13.19M
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.
$35.63M
As of fiscal year end 2015-16
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$13.17M
As of fiscal year end 2015-16
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$42.83M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$92.98M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Loon River Cree.

ClaimStatusLast UpdateTotal Payments
Treaty Land Entitlement
Unfulfilled obligation for lands and economic benefits pursuant to Treaty No. 8
Settled
Settled through Negotiations
Jun 1999
$46.10M
Total$46.10M

Remuneration and Expenses

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

PositionNameMonthsSalaryExpensesTotal
ChiefArthur Noskey11$94,400$58,212-
CouncilorMaybe Noskiye11$73,300$46,654-
CouncilorAlbert Ward11$73,300$48,859-
CouncilorShayne Letendre11$73,300$53,404-
CouncilorIvan Sawan12$80,400$50,205-
ChiefBernadette Sharpe1$9,000$8,928-
CouncilorAndrew Noskey1$7,100$8,676-
CouncilorSandy Whitehead1$7,100$8,676-
CouncilorTyler Letendre1$7,100$8,676-
Total$425,000$292,290$0

This schedule is unaudited. Prepared by: Doyle & Company Chartered Accountants

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.