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Inuvik Native

Financial data for Inuvik Native for fiscal year 2019-20. Inuvik Native is a First Nation in Northwest Territories with a registered population of 709 and an on-reserve population of 242. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2019-20

Visual breakdown of Inuvik Native's revenue sources and how funds were spent during fiscal year 2019-20.

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Financial Summary FY 2019-20

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$75K deficit
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$1.07M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$1.14M
Total expenses in FY 2019-20

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2019-20.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$488K
As of fiscal year end 2019-20
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$115K
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$192K
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2019-20.

PositionNameMonthsRemuneration [note 2]Expenses [note 3]Total
ChiefRobert Charlie-Tetlichi11$91,360$4,917$96,277
Council MemberBernice Furlong12$2,400$0$2,400
Council MemberDiane Baxter12$1,000$0$1,000
Council MemberMaribeth Pokiak12$1,000$0$1,000
Council MemberMary Ann Villeneuve12$1,600$0$1,600
Council MemberMelba Mitchell12$2,200$0$2,200
Council MemberVernon Smith12$1,800$0$1,800
Total$101,360$4,917$106,277

This schedule is unaudited. Prepared by: Paul Teoh Professional Corporation

View Other Fiscal Years

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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.

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