Long Lake No.58 First Nation

Financial data for Long Lake No.58 First Nation for fiscal year 2016-17. 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 2016-17

Visual breakdown of Long Lake No.58 First Nation'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.
$3.68M surplus
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$17.21M
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$13.54M
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.
$14.74M
As of fiscal year end 2016-17
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$17.70M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$23.61M
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 2016-17.

PositionNameMonthsRemuneration^2Expenses^3Total
ChiefVeronica Waboose12$58,387$13,202$71,589
Councillor/Health DirectorDesmoulin, Judy12$66,402$21,265$87,667
CouncillorFisher, Audrey12$19,500$2,099$21,599
Councillor/Finance ManagerLegarde, Anthony12$75,744$19,042$94,786
CouncillorLegarde, Gilbert12$19,500$2,052$21,552
CouncillorOnabigon, Frank12$19,500$10,035$29,535
Councillor/Economic Development ManagerOnabigon, John12$73,641$13,530$87,171
Councillor/Family Support WorkerKakegabon, Patrick12$49,671$11,744$61,415
Councillor/Part-time Medical DriverShebagabow, Arthur12$24,881$3,786$28,667
CouncillorShebagabow, Peter12$19,500$567$20,067
Councillor/Band ManagerWaboose, Henry12$75,241$10,875$86,116
Councillor/Part-time Medical DriverWesley, Marlow12$19,500$14,318$33,818
Total$521,467$122,515$643,982

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.