Salt River First Nation #195

Financial data for Salt River First Nation #195 for fiscal year 2020-21. Salt River First Nation #195 is a First Nation in Northwest Territories with a registered population of 1,066 and an on-reserve population of 286. 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 Salt River First Nation #195'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.
$2.32M surplus
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$6.78M
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$4.46M
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.
$12.62M
As of fiscal year end 2020-21
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$20.33M
As of fiscal year end 2020-21
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$7.71M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$25.05M
As of fiscal year end 2020-21
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$17.41M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Salt River First Nation #195.

ClaimStatusLast UpdateTotal Payments
Treaty Land Entitlement
Unfulfilled obligation for lands and economic benefits pursuant to Treaty No. 8
Settled
Settled through Negotiations
Mar 2002
$83.18M
Total$83.18M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2020-21.

PositionNameMonthsRemunerationExpensesTotal
ChiefDavid Poitras12$106,140$1,194-
CouncilorApril McAllister12$17,400$1,688-
CouncilorKendra Schaefer-Bourke12$17,400$1,671-
CouncilorArchie Beaulieu12$14,400$3,058-
CouncilorLevi MacDonald12$12,300$1,671-
CouncilorHenry Beaver, Jr.12$11,300$1,671-
CouncilorAlexander Donald Beaulieu12$12,000$0-
Total$190,940$10,953$0

This schedule is unaudited. Prepared by: MNP LLP

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.