Lake Babine Nation

Financial data for Lake Babine Nation for fiscal year 2021-22. Lake Babine Nation is a First Nation in British Columbia with a registered population of 2,558 and an on-reserve population of 1,018. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2021-22

Visual breakdown of Lake Babine Nation's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$13.97M surplus
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$47.86M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$33.88M
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$72.35M
As of fiscal year end 2021-22
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$38.39M
As of fiscal year end 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$70.28M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Lake Babine Nation.

ClaimStatusLast UpdateTotal Payments
Donald's Landing
Alleged failure to reserve lands sought by the First Nation.
Concluded
No Lawful Obligation Found
Jan 2010
-
Tachek I.R. 25
Alleged lands approved as a new reserve by the McKenna-McBride Commission were alienated as the result of improper survey.
Other
File Closed
May 2017
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2021-22.

PositionNameMonthsRemuneration [Note 2]Expenses [Note 3]Total
ChiefMurphy Abraham9$79,838$28,371$108,209
ChiefGordon Alec3$23,420$0$23,420
Deputy ChiefDerek Macdonald12$62,000$6,127$68,127
Woyenne CouncillorMurphy Abraham3$12,000$0$12,000
Woyenne CouncillorMelvin Joseph12$50,000$8,224$58,224
Woyenne CouncillorDebbie West9$38,000$4,956$42,956
Woyenne CouncillorJason Charlie9$38,000$5,498$43,498
Woyenne CouncillorCheyenne Dennis3$17,030$0$17,030
Tachet CouncillorDolores Alec3$12,000$917$12,917
Tachet CouncillorWayne Johnson9$38,000$8,063$46,063
Tachet CouncillorMillie Alec-George9$37,700$7,051$44,751
Tachet CouncillorShane Modine3$13,757$403$14,160
Fort Babine CouncillorBessie West12$49,700$11,573$61,273
Fort Babine CouncillorJohn West3$13,975$737$14,712
Fort Babine CouncillorRobbie Reid9$38,000$12,509$50,509
Old Fort CouncillorVerna Power12$50,000$17,725$67,725
Total$573,420$112,154$685,574

This schedule is unaudited. Prepared by: DMC 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.