?aqam

Financial data for ?aqam for fiscal year 2021-22. ?aqam is a First Nation in British Columbia with a registered population of 403 and an on-reserve population of 205. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2021-22

Visual breakdown of ?aqam's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$2.83M surplus
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$11.19M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$8.36M
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$29.49M
As of fiscal year end 2021-22
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$13.54M
As of fiscal year end 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$39.58M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving ?aqam.

ClaimStatusLast UpdateTotal Payments
Alienation of St. Eugene Mission Residential School Farm Lands
(Band previous name: St. Mary's). Alleges breach of a lawful and fiduciary duty when steps were not taken to prevent the alienation of the St. Eugene Mission Farm Lands.
Invited to Negotiate
Active
Dec 2018
-
1942 Timber Surrender
(Band previous name: St. Mary's). Alleges a sale of timber on Kootenay Indian Reserve No. 1 without a proper surrender or consent from the Band.
Settled
Settled through Negotiations
Dec 2023
$7.07M
Cut-off of Five Parcels from St. Mary’s IR 1
Alleges breach of legal obligations arising from the cut-off of five parcels of land ordered to be set aside as reserve lands for the use and benefit of the First Nation by the Royal Commission on Indian Affairs for the Province of British Columbia (McKenna-McBride Commission).
Under Assessment
Justice Department Preparing Legal Opinion
Mar 2025
-
Total$7.07M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2021-22.

PositionNameMonthsHonorariaOther Remuneration (note 2)Travel (note 3)Total
ChiefJ Pierre12$28,004$3,446$0$31,450
CouncillorV Thomas12$21,108$1,950$0$23,058
CouncillorJ Birdstone12$21,108$1,450$0$22,558
CouncillorJ Andrew12$21,108$2,465$0$23,573
CouncillorS Williams-Jimmy12$21,108$425$0$21,533
Total$112,436$9,736$0$122,172

This schedule is unaudited. Prepared by: KPMG 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.