Loon River Cree

Financial data for Loon River Cree for fiscal year 2017-18. 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 2017-18

Visual breakdown of Loon River Cree's revenue sources and how funds were spent during fiscal year 2017-18.

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Financial Summary FY 2017-18

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$5.93M surplus
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$21.47M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$15.53M
Total expenses in FY 2017-18

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2017-18.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$37.36M
As of fiscal year end 2017-18
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$31.59M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$88.44M
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 2017-18.

PositionNameMonthsSalaryTravelTotal
ChiefBernadette Sharpe12$115,379$77,159$192,538
CouncilorIvan Sawan12$90,446$59,150$149,596
CouncilorAndrew Noskey12$89,161$51,116$140,277
CouncilorSandy Whitehead12$94,095$42,654$136,749
CouncilorTyler Letendre12$90,762$48,858$139,620
Total$479,843$278,937$758,780

This schedule is unaudited. Prepared by: Doyle & Company

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.