Netmizaaggamig Nishnaabeg

Financial data for Netmizaaggamig Nishnaabeg for fiscal year 2019-20. Netmizaaggamig Nishnaabeg is a First Nation in Ontario with a registered population of 1,166 and an on-reserve population of 345. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2019-20

Visual breakdown of Netmizaaggamig Nishnaabeg's revenue sources and how funds were spent during fiscal year 2019-20.

Loading...

Financial Summary FY 2019-20

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.84M deficit
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$16.14M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$17.98M
Total expenses in FY 2019-20

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2019-20.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$79.67M
As of fiscal year end 2019-20
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$12.89M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$25.55M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$12.72M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Netmizaaggamig Nishnaabeg.

ClaimStatusLast UpdateTotal Payments
Reserve Allocation
(Band previous name: Pic Mobert) FN alleges their right to reserve land under the Robinson-Superior treaty has not been fulfilled. Additionally, the FN alleges fiduciary obligation breaches by DIAND relating to negotiations with Ontario to purchase reserve land for the Band in 1922.
Other
Claim in Active Litigation
Dec 2007
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2019-20.

PositionNameMonthsHonorariaWages/ Contract FeesTotal Remuneration2TravelAllowancesTotal Expenses3Total
ChiefJohanna Desmoulin12$6,075$89,006$95,081$15,415$1,180$16,595$16,595
CouncillorLouis Kwissiwa12$400$54,688$55,088$33,131$0$33,131$33,131
CouncillorClyde Jacobs12$18,400$44,833$63,233$16,533$1,200$17,733$17,733
CouncillorJeff Desmoulin12$18,995$0$18,995$12,174$1,200$13,374$13,374
CouncillorVern McWatch12$19,500$157,664$177,164$0$1,200$1,200$1,200
CouncillorThurston Kwissiwa12$18,909$17,466$36,375$7,857$1,200$9,057$9,057
CouncillorHannah Desmoulin12$18,825$0$18,825$13,575$1,200$14,775$14,775
CouncillorTheresa Bananish12$16,500$298,195$314,695$107$1,100$1,207$1,207
CouncillorJessica McWatch12$19,375$58,468$77,843$11,289$1,200$12,489$12,489
CouncillorChristopher Bananish12$18,000$82,469$100,469$11,027$1,200$12,227$12,227
Total$154,979$802,789$957,768$121,108$10,680$131,788$131,788

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.