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Nanoose First Nation

Financial data for Nanoose First Nation for fiscal year 2014-15. Nanoose First Nation is a First Nation in British Columbia with a registered population of 273 and an on-reserve population of 185. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2014-15

Visual breakdown of Nanoose First Nation's revenue sources and how funds were spent during fiscal year 2014-15.

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Financial Summary FY 2014-15

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$87K surplus
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$3.55M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$3.46M
Total expenses in FY 2014-15

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2014-15.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$912K
As of fiscal year end 2014-15
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$2.05M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$11.37M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$9.39M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Nanoose First Nation.

ClaimStatusLast UpdateTotal Payments
Nanoose I.R. No. 1
Alleged unlawful alienation of a portion of Nanoose I.R. No. 1 in 1933 and breach of surrender provisions.
Settled
Settled through Negotiations
Jun 1992
$425K
E & N Railway Right of Way
Alleges insufficient compensation for a railway taking.
Settled
Settled through Negotiations
Mar 2015
$581K
Pre-Confederation Reserve
Alleges a reserve was alloted to the FN in the colonial era (1863) and later unlawfully alienated.
Other
Claim Active at the SC Tribunal
Dec 2020
-
Total$1.01M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2014-15.

PositionNameMonthsRemunerationExpensesTotal
Chief/Health Program AdministratorDavid Bob12$50,173$20,556$70,729
Councillor/Director of Operations/FisheriesBrent Edwards12$78,744$7,622$86,366
CouncillorGordon Edwards12$7,200$0$7,200
Councillor/Information TechnologyLawrence Mitchell12$18,550$3,080$21,630
CouncillorNatasha Bob12$7,300$535$7,835
Total$161,967$31,793$193,760

This schedule is unaudited. Prepared by: McGORMAN MacLEAN Chartered Accountants

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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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