Penelakut Tribe

Financial data for Penelakut Tribe for fiscal year 2014-15. Penelakut Tribe is a First Nation in British Columbia with a registered population of 1,238 and an on-reserve population of 580. 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 Penelakut Tribe'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.
$9K surplus
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$8.65M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$8.64M
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.
$2.30M
As of fiscal year end 2014-15
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$3.37M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$11.07M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$7.78M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Penelakut Tribe.

ClaimStatusLast UpdateTotal Payments
Interest on Timber Royalties
Alleged Canada failed to pay interest on FN funds which had been misappropriated by the Indian agent and reimbursed 5 years later.
Settled
Settled through Negotiations
Oct 2009
$285K
Kuper Island Claim - Conn Alienation
The FN alleges that 100 acres of land on Kuper Island, occupied by Indians, was alienated in 1870.
Settled
Settled through Negotiations
Feb 2024
$37.00M
Alienation of Tsussie Colonial Reserve Lands
Alleges alienation of the Tsussie Colonial Reserve within the Chemainus District of Vancouver Island in the 1860's.
Other
File Closed
Aug 2011
-
Chemainus Gardens
Alleges that Canada failed to protect the Band’s interest in the Chemainus Garden lands.
Invited to Negotiate
Active
Oct 2023
-
Total$37.28M

Remuneration and Expenses

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

PositionNameMonthsRemuneration $ (Note 2)Expenses $ (Note 3)Total
Chief CouncillorEarl Jack12$47,010$4,029$51,039
CouncillorMike Sam12$9,750$0$9,750
CouncillorSharon Cross12$12,600$0$12,600
CouncillorA. Sylvester12$9,050$0$9,050
CouncillorL. Sylvester12$14,560$0$14,560
CouncillorJames Charlie12$8,400$150$8,550
CouncillorD. Jack Sr.12$12,600$0$12,600
CouncillorPam Jack12$17,270$846$18,116
CouncillorF. Mitchell Jr.12$7,750$0$7,750
CouncillorKen Thomas12$16,100$0$16,100
Total$155,090$5,025$160,115

This schedule is unaudited. Prepared by: Brynjolfson & Co. Ltd.

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.