Sheshatshiu Innu First Nation

Financial data for Sheshatshiu Innu First Nation for fiscal year 2019-20. Sheshatshiu Innu First Nation is a First Nation in Newfoundland and Labrador with a registered population of 2,014 and an on-reserve population of 1,803. 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 Sheshatshiu Innu First Nation's revenue sources and how funds were spent during fiscal year 2019-20.

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Financial Summary FY 2019-20

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$17.70M surplus
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$61.86M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$44.16M
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.

Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$68.03M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$89.32M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsRemunerationTravel ExpensesTotal
ChiefEugene Hart12$173,000$61,473$234,473
CouncillorDaniel Pinette12$97,000$9,300$106,300
CouncillorPenute Andrew12$103,000$8,192$111,192
CouncillorTerry Andrew12$105,000$10,730$115,730
CouncillorLaureen Ashini12$115,596$14,095$129,691
CouncillorMary Jane Nui5$52,730$7,714$60,444
Councillor and Trust AdministratorKaren Penunsi12$141,000$10,357$151,357
Total$787,326$121,861$909,187

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.