Salt River First Nation #195

Financial data for Salt River First Nation #195 for fiscal year 2016-17. Salt River First Nation #195 is a First Nation in Northwest Territories with a registered population of 1,066 and an on-reserve population of 286. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2016-17

Visual breakdown of Salt River First Nation #195's revenue sources and how funds were spent during fiscal year 2016-17.

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Financial Summary FY 2016-17

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$3.91M surplus
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$8.44M
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$4.53M
Total expenses in FY 2016-17

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2016-17.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$12.28M
As of fiscal year end 2016-17
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$4.85M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$12.82M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Salt River First Nation #195.

ClaimStatusLast UpdateTotal Payments
Treaty Land Entitlement
Unfulfilled obligation for lands and economic benefits pursuant to Treaty No. 8
Settled
Settled through Negotiations
Mar 2002
$83.18M
Total$83.18M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2016-17.

PositionNameMonthsRemunerationExpensesTotal
ChiefFrieda Martselos12$104,000$33,027-
CouncilorRon Schaefer12$14,363$13,297-
CouncilorChristopher Hunter12$13,150$14,477-
CouncilorPatricia Schaefer12$12,450$14,149-
CouncilorRay Tourangeau12$13,350$11,324-
CouncilorFreda Emile6$8,750$9,283-
CouncilorMelvin Fortier6$7,750$7,284-
CouncilorNorman Starr6$5,100$6,264-
CouncilorDon Matthews6$5,738$5,321-
Total$184,651$114,426$0

This schedule is unaudited. Prepared by: MNP 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.