Salt River First Nation #195

Financial data for Salt River First Nation #195 for fiscal year 2017-18. 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 2017-18

Visual breakdown of Salt River First Nation #195's revenue sources and how funds were spent during fiscal year 2017-18.

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Financial Summary FY 2017-18

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.44M surplus
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$6.38M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$4.94M
Total expenses in FY 2017-18

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2017-18.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$17.13M
As of fiscal year end 2017-18
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$12.38M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$13.83M
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 2017-18.

PositionNameMonthsRemunerationExpensesTotal
ChiefFrieda Martselos12$104,000$50,180-
CouncilorRon Schaefer12$18,600$19,531-
CouncilorPatricia Schaefer12$17,485$18,760-
CouncilorRay Tourangeau12$19,505$14,888-
CouncilorChristopher Hunter12$17,144$13,086-
CouncilorFreda Emile12$16,829$13,086-
CouncilorMelvin Fortier12$16,513$13,178-
Total$210,076$142,709$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.