North Spirit Lake

Financial data for North Spirit Lake for fiscal year 2018-19. North Spirit Lake is a First Nation in Ontario with a registered population of 495 and an on-reserve population of 421. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2018-19

Visual breakdown of North Spirit Lake's revenue sources and how funds were spent during fiscal year 2018-19.

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Financial Summary FY 2018-19

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$2.66M deficit
Balance for FY 2018-19
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$10.43M
Total revenue in FY 2018-19
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$13.08M
Total expenses in FY 2018-19

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2018-19.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$2.51M
As of fiscal year end 2018-19
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$26.83M
As of fiscal year end 2018-19
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$26.20M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2018-19.

PositionNameMonthsRemunerationExpensesTotal
ChiefCaroline Keesic12$122,675$33,227$155,902
Deputy ChiefRita Thompson12$88,091$8,335$96,426
CouncilorCorey Rae12$26,432$511$26,943
CouncilorPhillip Campbell12$68,500$2,454$70,954
CouncilorHomer Meekis12$87,760$41,408$129,168
CouncilorJoey Kakegamic8$91,043$10,676$101,719
Total$484,501$96,611$581,112

This schedule is unaudited. Prepared by: ONBusiness Chartered Professional Accountants Inc

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.