Inuvik Native

Financial data for Inuvik Native for fiscal year 2016-17. Inuvik Native is a First Nation in Northwest Territories with a registered population of 709 and an on-reserve population of 242. 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 Inuvik Native'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.
$8K deficit
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$317K
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$324K
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.
$333K
As of fiscal year end 2016-17
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$11K
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$285K
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsRemuneration [note 2]Expenses [note 3]Total
ChiefLawrence Neyando1$0$0$0
Sub-chiefMelba Mitchell11$5,225$3,589$8,814
Council MemberAmanda Vittrekwa1$0$0$0
Council MemberBarry Greenland1$350$0$350
Council MemberBernice Furlong12$4,200$0$4,200
Council MemberBilly Lennie1$0$0$0
Council MemberJames B. Firth11$3,400$0$3,400
Council MemberKelly McLeod1$0$0$0
Council MemberRichard Ross Jr.12$3,670$0$3,670
Council MemberVernon Smith1$0$0$0
Total$16,845$3,589$20,434

This schedule is unaudited. Prepared by: Paul Teoh

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.