Kwiakah
Financial data for Kwiakah for fiscal year 2020-21. Kwiakah is a First Nation in British Columbia. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.
Revenue and Expenses FY 2020-21
Visual breakdown of Kwiakah's revenue sources and how funds were spent during fiscal year 2020-21.
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Financial Summary FY 2020-21
Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$512K surplus
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$1.12M
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$613K
Total expenses in FY 2020-21
Statement of Financial Position
Assets, liabilities, and net financial position as of the end of fiscal year 2020-21.
Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$2.11M
As of fiscal year end 2020-21
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$351K
As of fiscal year end 2020-21
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$709K
As of fiscal year end 2020-21
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$2.49M
Total accumulated surplus
Land Claims
Historical and ongoing land claims involving Kwiakah.
| Claim | Status | Last Update | Total Payments |
|---|---|---|---|
I.R. #5 - F & R Logging and Right-of-Way Alleged improper timber lease, inadequate compensation, and illegal logging road right of way on Matsayno IR 5 by a logging company in the 1940's. | Other | File Closed Sep 2011 | - |
I.R. #5 - Fox Logging and Right-of-Way Alleged improper timber lease, inadequate compensation, and illegal logging road right of way on Matsayno IR 5 by a logging company in the 1920's. | Concluded | No Lawful Obligation Found May 2011 | - |
IR# 6 - Rolandi Bros. Logging Alleges breach of lawful obligation by Canada in it negotiation and administration of privileges granted to a logging company, in or about 1964 and 1970, for the use and logging of Saaiyouck IR# 6. | Other | File Closed Sep 2011 | - |
Reserve Allotment Omission by O'Reilly Alleged omission to re-allot 2 reserves by the Reserve Commissioner in 1880. | Concluded | No Lawful Obligation Found Aug 2009 | - |
Matsayno IR 5 F & R Logging Right of Way Alleges a breach of fiduciary duty in allowing the F & R Logging Company to use the right of way two months prior to the beginning of the permit's term on May 1, 1994 and failure to obtain adequate compensation for this use. | Settled | Settled through Negotiations Sep 2019 | $28K |
Matsayno IR 5 Survey Error Alleges a breach of fiduciary duty by omitting the Subject Area from Matsayno IR 5 by: failing to properly survey the reserve; failing to resolve this issue; and failing to provide the opportunity to challenge the allotment of the Reserve. | Invited to Negotiate | Active Feb 2024 | - |
IR 6 Rolandi Brothers Timber Licence Alleges Canada's failure to enforce the terms of timber licence on Saaiyouct IR 6 issued to the Rolandi Bros. in 1970. | Settled | Settled through Negotiations Sep 2019 | $202K |
Severance from Interest in Reserves Nos. 2-4 Alleges that Canada breached its statutory obligations when it purported to exclude the Kwiakah First Nation from the use and benefit of IR Nos. 2-4 in the absence of a surrender, and its fiduciary obligations when it failed to effect an equitable reallocation of IR No. 2-6 and failed to compensate for the First Nations' loss of reserve interests. | Concluded | No Lawful Obligation Found Jun 2020 | - |
IR 6 Jackson Ltd. Timber Licence 421 (1955-1958) Alleges a breach of lawful obligation and fiduciary duties by failing to properly administer the sale of timber and to comply with the provisions of the Timber Regulations in relation to the removal of timber from the Saaiyouck IR 6 between 1955 and 1958 pursuant to Timber License no. 421. | Invited to Negotiate | Active Nov 2022 | - |
| Total | $230K | ||
Remuneration and Expenses
Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2020-21.
| Position | Name | Months | Remuneration | Expenses | Total |
|---|---|---|---|---|---|
| Chief Councillor | Steven Dick | 12 | $62,250 | $5,922 | $68,172 |
| Councillor | Andrean Dick | 12 | $26,900 | $0 | $26,900 |
| Total | $89,150 | $5,922 | $95,072 |
This schedule is unaudited. Prepared by: Chan Nowosad Boates Chartered Professional Accountants
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.
