Long Lake No.58 First Nation

Financial data for Long Lake No.58 First Nation for fiscal year 2014-15. Long Lake No.58 First Nation is a First Nation in Ontario with a registered population of 1,942 and an on-reserve population of 552. 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 Long Lake No.58 First Nation'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.
$181K deficit
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$18.65M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$18.83M
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.
$11.27M
As of fiscal year end 2014-15
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$11.27M
As of fiscal year end 2014-15
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$19.85M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$20.01M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Long Lake No.58 First Nation.

ClaimStatusLast UpdateTotal Payments
Highway
Alleged illegal taking of land for highway purposes in 1915 and 1923, and failure to compensate for taking.
Settled
Settled through Negotiations
Apr 1984
$192K
Railway
Alleged illegal taking of land for railway purposes in 1913, and failure to compensate for taking.
Concluded
No Lawful Obligation Found
Apr 1995
-
Total$192K

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2014-15.

PositionNameMonthsHonorariaCouncil Travel ExpenseWork TravelOtherSalaryTOTAL
ChiefAllan Towegishig12$52,543$13,008$0$1,500$0$67,051
CouncillorAbraham, Wendell - Student Supervisor12$15,000$1,974$0$1,500$2,548$21,022
CouncillorDesmoulin, Judy - Health Director12$15,000$5,853$12,510$1,500$43,297$78,162
CouncillorDesmoulin, Scott - Housing Manager12$15,000$587$929$1,500$25,129$43,146
CouncillorLegarde, Anthony - Finance Manager12$15,000$14,970$4,731$1,500$51,942$88,144
CouncillorLegarde, Gilbert12$15,000$887$0$1,500$0$17,387
CouncillorOnabigon, Frank12$15,000$10,970$0$1,500$0$27,470
CouncillorOnabigon, John - Ec Dev Manager12$15,000$587$11,330$1,500$49,892$78,310
CouncillorPatabon, Patrick - Family Support Worker12$15,000$687$7,050$1,500$27,846$52,083
CouncillorShebagabow, Arthur - PT Medical Driver12$15,000$3,158$0$1,500$5,420$25,079
CouncillorWaboose, Henry - Band Manager12$15,000$1,389$5,293$1,500$51,469$74,652
CouncillorWaboose, Veronica12$15,000$1,231$0$1,500$0$17,731
CouncillorWesley, Marlow - PT Medical Driver12$15,000$9,946$0$1,500$712$27,159
Total$232,543$65,247$41,843$19,500$258,255$617,396

This schedule is unaudited. Prepared by: Peter Stetsko Professional Corporation

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.