Cheam First Nation

Financial data for Cheam First Nation for fiscal year 2014-15. Cheam First Nation is a First Nation in British Columbia with a registered population of 586 and an on-reserve population of 255. 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 Cheam 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.
$104K surplus
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$4.18M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$4.08M
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.
$5.08M
As of fiscal year end 2014-15
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$4.05M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$4.70M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Cheam First Nation.

ClaimStatusLast UpdateTotal Payments
Cheam I.R. No. 1
Presented by the Alliance of Tribal Councils. Alleged improper alienation of land from Cheam I.R. No. 1 for CNR right-of-way.
Settled
Settled through Negotiations
Aug 2013
$515K
Total$515K

Remuneration and Expenses

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

PositionNameMonthsSalary and BenefitsHonorariaOther RemunerationTotalTravel & Meeting ExpensesTotal
ChiefSidney Douglas12$61,103$0$1,300$62,403$6,306$62,403
CouncilorErnie Crey12$0$8,575$0$8,575$515$8,575
CouncilorJune Quipp12$0$22,000$640$22,640$2,010$22,640
CouncilorEric Alex12$63,086$13,169$900$77,154$2,234$77,154
CouncilorDarwin Douglas12$0$22,463$17,315$39,778$4,515$39,778
CouncilorChad Douglas12$0$35,910$0$35,910$421$35,910
Total$124,189$102,117$20,155$246,460$16,001$246,460

This schedule has been audited. Prepared by: Enns & Company

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.