Upper Nicola

Financial data for Upper Nicola for fiscal year 2014-15. Upper Nicola is a First Nation in British Columbia with a registered population of 1,004 and an on-reserve population of 404. 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 Upper Nicola'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.
$360K surplus
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$8.35M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$7.99M
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.
$8.78M
As of fiscal year end 2014-15
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$3.05M
As of fiscal year end 2014-15
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$8.16M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$13.89M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Upper Nicola.

ClaimStatusLast UpdateTotal Payments
Commonage
Alleged unlawful alienation of Commonage Reserve.
Invited to Negotiate
Active
Mar 2024
-
Alienation of Pennask Lake Fishing Camps and Fishing Stations
Alleges a failure to protect the First Nation’s cognizable interests in its camping and fishing sites on Pennask Lake.
Under Assessment
Justice Department Preparing Legal Opinion
Oct 2024
-
Total$0

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
ChiefHarvey McLeod12$48,000$14,529$62,529
CouncilorWallace Michel12$9,600$0$9,600
CouncilorGeorge Saddleman12$13,400$5,641$19,041
CouncilorBrian Holmes12$9,800$813$10,613
CouncilorDennis MacDonald12$9,600$720$10,320
CouncilorDavid Lindley12$9,600$5,299$14,899
Total$100,000$27,002$127,002

This schedule is unaudited. Prepared by: BDO Canada 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.