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Natoaganeg

Financial data for Natoaganeg for fiscal year 2015-16. Natoaganeg is a First Nation in New Brunswick with a registered population of 1,121 and an on-reserve population of 598. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2015-16

Visual breakdown of Natoaganeg's revenue sources and how funds were spent during fiscal year 2015-16.

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Financial Summary FY 2015-16

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.72M surplus
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$11.97M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$10.25M
Total expenses in FY 2015-16

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2015-16.

Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$7.72M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$25.48M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$18.01M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Natoaganeg.

ClaimStatusLast UpdateTotal Payments
1946 Surrender - Pipeline Right of Way
(Band previous name: Eel Ground) Alleges that the surrender was invalid as certain procedures were not complied with, and even if the surrender was valid, its conditions were not fulfilled such that the transactions pursuant there to were null and void.
Other
File Closed
Jan 2013
-
1844 Act and the Loss of Eel Ground Reserve
(Band previous name: Eel Ground) Alleges a breach of fiduciary duty by failing to protect Indian interests and lands, resulting in the unlawful sale or lease of reserve lands and a failure to provide adequate compensation.
Invited to Negotiate
Active
Jul 2022
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2015-16.

PositionNameMonthsSalaryHonorariaOther remunerationTotalTravel expenses
ChiefGeorge H. Ginnish12$61,107$1,575$19,434-$300
CouncillorEmerson Francis12$35,700$1,075$17,707-$600
CouncillorRobert Francis12$0$75$17,707-$0
CouncillorWallace (Anthony) Francis12$32,448$1,075$45,802-$600
CouncillorGail Hanifan12$3,621$1,375$12,907-$1,337
CouncillorWilliam Sark12$0$1,075$14,817-$600
CouncillorBrian Simon12$14,728$1,075$17,707-$600
CouncillorKelvin Simonson12$24,700$1,075$36,790-$1,693
CouncillorWayne Ward12$29,576$1,075$17,757-$600
CouncillorWilfred Ward12$0$1,075$17,707-$500
Total$201,880$10,550$218,335$0$6,830

This schedule is unaudited. Prepared by: Lenehan McCain & Associates

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.