Kitsumkalum

Financial data for Kitsumkalum for fiscal year 2022-23. Kitsumkalum is a First Nation in British Columbia with a registered population of 900 and an on-reserve population of 255. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2022-23

Visual breakdown of Kitsumkalum's revenue sources and how funds were spent during fiscal year 2022-23.

Loading...

Financial Summary FY 2022-23

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$6.69M surplus
Balance for FY 2022-23
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$21.07M
Total revenue in FY 2022-23
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$14.38M
Total expenses in FY 2022-23

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2022-23.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$66.77M
As of fiscal year end 2022-23
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$28.47M
As of fiscal year end 2022-23
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$78.50M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Kitsumkalum.

ClaimStatusLast UpdateTotal Payments
Claim 1: I.R. No 1 - Zimagord I.R. No. 3
Alleged compensation for Yellowhead Highway right-of-way across Kitsumkalum I.R. No. 1.
Settled
Settled through Negotiations
Dec 1974
$9K
Claim 3: I.R. No 1 - Zimagord I.R. No. 3
This claim is a re-presentation of the 1972 claim & amendment of the March 30/1984 claim. Alleged that the Yellowhead Highway built through Kitsumkalum I.R. No. 1 and Zimagord I.R. No. 3 in 1942 as a war measure was done without proper authority and without adequate compensation. The new claim included land not compensated in 1972 and also challenges the 1974 settlement.
Settled
Settled through Negotiations
Mar 1995
$829K
Claim 2: I.R. No 1 - Zimagord I.R. No. 3
Alleged that the GTP Railway built through Kitsumkalum I.R. No. 1 and Zimagord I.R. No. 3 in 1910 was done without proper authority and without adequate compensation.
Settled
Settled through Negotiations
Mar 1995
$829K
Tsimpsean IR No. 2
Alleges that the Crown breached its fiduciary and legal duties to the Kitsumkalum by illegally dividing and selling Tsimpsean IR 2 without consulting the Kitsumkalum; by not gaining the assent of the Kitsumkalum in removing their interest in Tsimpsean IR2; and failing to ensure that Kitsumkalum's rights and interests were respected after the reserve was divided.
Concluded
No Lawful Obligation Found
Dec 2019
-
Total$1.67M

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.