Inuvik Native

Financial data for Inuvik Native for fiscal year 2021-22. 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 2021-22

Visual breakdown of Inuvik Native's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$31K surplus
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$1.01M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$979K
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$876K
As of fiscal year end 2021-22
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$162K
As of fiscal year end 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$223K
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2021-22.

PositionNameMonthsSalariesHonorariaTravelTotal
ChiefRobert Charlie-Tetlichi12$108,620$0$615-
Band ManagerEdward Wright9$75,727$0$427-
Council MemberBernice Furlong12$0$1,600$0-
Council MemberDiane Baxter12$0$1,200$0-
Council MemberMary Ann Villeneuve12$0$1,800$0-
Council MemberMelba Mitchell12$0$1,400$0-
Council MemberVernon Smith12$0$800$0-
Total$184,347$6,800$1,042$0

This schedule has been audited. 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.