Penelakut Tribe

Financial data for Penelakut Tribe for fiscal year 2023-24. Penelakut Tribe is a First Nation in British Columbia with a registered population of 1,238 and an on-reserve population of 580. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2023-24

Visual breakdown of Penelakut Tribe's revenue sources and how funds were spent during fiscal year 2023-24.

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Financial Summary FY 2023-24

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$33.71M surplus
Balance for FY 2023-24
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$57.70M
Total revenue in FY 2023-24
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$24.00M
Total expenses in FY 2023-24

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2023-24.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$64.23M
As of fiscal year end 2023-24
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$19.21M
As of fiscal year end 2023-24
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$15.95M
As of fiscal year end 2023-24
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$60.98M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Penelakut Tribe.

ClaimStatusLast UpdateTotal Payments
Interest on Timber Royalties
Alleged Canada failed to pay interest on FN funds which had been misappropriated by the Indian agent and reimbursed 5 years later.
Settled
Settled through Negotiations
Oct 2009
$285K
Kuper Island Claim - Conn Alienation
The FN alleges that 100 acres of land on Kuper Island, occupied by Indians, was alienated in 1870.
Settled
Settled through Negotiations
Feb 2024
$37.00M
Alienation of Tsussie Colonial Reserve Lands
Alleges alienation of the Tsussie Colonial Reserve within the Chemainus District of Vancouver Island in the 1860's.
Other
File Closed
Aug 2011
-
Chemainus Gardens
Alleges that Canada failed to protect the Band’s interest in the Chemainus Garden lands.
Invited to Negotiate
Active
Oct 2023
-
Total$37.28M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2023-24.

PositionNameMonthsSalary and HonorariaOther RemunerationExpensesTotal RemunerationTotal
Chief /StaffJoan Brown11$83,133$10,200$0-$93,333
CouncillorMike Sam12$12,000$10,100$0-$22,100
Councillor/StaffSharon Cross12$71,132$10,100$0-$81,232
Councillor/StaffDenny Jack Sr12$61,767$10,100$0-$71,867
Councillor/ChiefPam Jack12$21,140$10,000$0-$31,140
Councillor/StaffFred Mitchell Jr.12$71,388$10,100$0-$81,488
Councillor/StaffMark Brown11$63,309$10,100$0-$73,409
Councillor/StaffKen Thomas12$73,631$10,100$0-$83,731
CouncillorRoger Charlie12$12,000$10,100$0-$22,100
Councillor/StaffRegina Charlie1$1,000$10,100$0-$11,100
CouncillorKurt Irwin1$1,000$10,100$0-$11,100
Councillor/StaffJosh James12$116,071$10,300$0-$126,371
Total$587,571$121,400$0$0$708,971

This schedule is unaudited. Prepared by: Peter Brynjolfson and Company Ltd.

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.