Inuvik Native

Financial data for Inuvik Native for fiscal year 2020-21. 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 2020-21

Visual breakdown of Inuvik Native'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.
$851K surplus
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$851K
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$0
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.
$412K
As of fiscal year end 2020-21
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$127K
As of fiscal year end 2020-21
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 2020-21.

PositionNameMonthsRemuneration [note 2]Expenses [note 3]Total
ChiefRobert Charlie-Tetlichi12$117,839$640$118,479
Council MemberBernice Furlong12$1,700$0$1,700
Council MemberDiane Baxter12$1,300$0$1,300
Council MemberMary Ann Villeneuve12$1,700$0$1,700
Council MemberMelba Mitchell12$800$0$800
Council MemberVernon Smith12$700$0$700
Total$124,039$640$124,679

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

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.