nk̓ʷʕáthamx | N'Quatqua First Nation
The N'Quatqua First Nation is a St'at'imc community situated in the interior of British Columbia, with a rich cultural heritage connected to the Bridge River Valley.
Overview
Last Updated 2026-03-31 19:57:38 UTCBand Council
TRAVIS PETERS
Chief
BRITTANI PETERS
Councillor
DENNIS SILZER-SMITH
Councillor
DORIS PETERS
Councillor
Administrative Contacts
Financial Overview
N'QUATQUA FIRST NATION FINANCIAL SUMMARY
Fiscal Year 2023-2024 (Ending March 31, 2024)
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DISCLAIMER: This financial summary was generated using artificial intelligence
based on publicly available audited financial statements and has been reviewed
by a human analyst. While care has been taken to ensure accuracy, users should
verify critical information against the original audited financial statements
prepared by Watson & Company LLP.
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EXECUTIVE SUMMARY
N'Quatqua First Nation generated total revenue of $10,467,914, down 31.6% from
prior year, with annual surplus of $4,015,480, down 37.6% from prior year.
Accumulated surplus reached $17,017,562, up 30.9% from prior year. Net
financial assets increased 15.0% to $6,605,551. Cash resources decreased 31.1%
to $3,767,048, while long-term debt decreased 24.9% to $94,363. Revenue
declined primarily due to reduction in provincial funding from $9,598,958 to
$2,521,865. Operating margin reached 38.4%. The Nation maintains cash reserves
covering 7.0 months of operating expenses and holds $2,880,230 in St'at'imc
Trust investments.
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FINANCIAL POSITION
Total Assets: $18,711,749
- Financial Assets: $8,299,738 (includes Cash: $3,767,048)
- Tangible Capital Assets: $10,409,164
- Prepaid Expenses: $2,847
Total Liabilities: $1,694,187
- Long-term Debt: $94,363
- Accounts Payable: $488,768
- Deferred Revenue: $1,111,056
Net Financial Assets: $6,605,551 (up 15.0% from prior year)
Accumulated Surplus: $17,017,562 (up 30.9% from prior year)
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REVENUE & OPERATIONS
Total Revenue: $10,467,914 (down 31.6% from prior year)
Major Revenue Sources:
- Indigenous Services Canada: $3,152,727 (30.1%)
- Province of British Columbia: $2,521,865 (24.1%)
- St'at'imc Trust: $409,842 (3.9%)
- Rental Income: $89,720 (0.9%)
- Interest Income: $66,203 (0.6%)
- First Nations Health Authority: $257,872 (2.5%)
- Government of Canada: $152,992 (1.5%)
- FNESC: $126,078 (1.2%)
- BC Hydro: $104,393 (1.0%)
- Tribal Councils/Associations: $225,378 (2.2%)
- New Relationship Trust: $260,000 (2.5%)
- Other Revenue: $1,370,511 (13.1%)
- Change in Deferred Revenue: $1,702,984 (16.3%)
- CMHC: $27,349 (0.3%)
Total Expenditures: $6,452,434 (down 27.1% from prior year)
Major Program Expenditures:
- Social Housing: $1,680,450 (26.0%)
- Education: $1,451,651 (22.5%)
- Health Services: $1,441,758 (22.3%)
- Operations & Maintenance: $840,958 (13.0%)
- Administration: $827,967 (12.8%)
Annual Surplus: $4,015,480 (down 37.6% from prior year)
Operating Margin: 38.4%
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KEY FINANCIAL METRICS
- Financial Assets to Liabilities Ratio: 4.9:1
- Debt-to-Assets Ratio: 0.5%
- Self-Generated Revenue: 69.9% of total
- Cash Reserves: 7.0 months of operating expenses
- St'at'imc Trust Assets: $2,880,230 in settlement fund investments
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CHIEF & COUNCIL REMUNERATION
Name Position Remuneration Expenses Total
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Chantel Thevarge Councillor $80,199 $10,222 $90,421
Dennis Silzer-Smith Councillor $38,512 $6,270 $44,782
Micah Thevarge Chief $10,750 $3,985 $14,735
Doris Peters Councillor $9,050 $6,412 $15,462
Total Governance Compensation: $165,400 (1.6% of total revenue)
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Source: Audited consolidated financial statements, Watson & Company LLP, February 11, 2025
Band Financial Statements
Band Council Remuneration
Band Owned Corporations
No Content Available
Laws, Bylaws, and Codes
Intergovernmental Agreements
Active Court Cases
Downloadable Court Records
Location Map
Reserves
-
ISC Code: 7993
NEQUATQUE 3
8.1 Hectares
LILLOOET DISTRICT ON WEST SIDE OF THE GATES RIVER TWO MILES FROM MOUTH ON ANDERSON LAKE
[50.5487019, -122.4830541] -
ISC Code: 7992
NEQUATQUE 2
7.1 Hectares
LILLOOET DISTRICT ON EAST SIDE OF THE GATES RIVER 2 MILES FROM MOUTH ON ANDERSON LAKE
[50.5487019, -122.4830541] -
ISC Code: 7994
NEQUATQUE 3A
9.5 Hectares
LILLOOET DIST LOT 5545,G.1. WEST SIDE OF GATES RIVER 2 1/4 MILES FROM MOUTH OF ANDERSON LAKE SOUTH OF AND NEAR I.R. NO. 3
[50.527282, -122.4945155] -
ISC Code: 8367
ANDERSON LAKE 5
594.6 Hectares
LILLOOET DISTRICT, LOT 23021
[50.5475136, -122.5188682] -
ISC Code: 7991
NEQUATQUE 1
177.0 Hectares
LILLOOET DISTRICT AT HEAD OF ANDERSON LAKE AT MOUTH OF THE GATES RIVER
[50.5487019, -122.4830541] -
ISC Code: 7995
NEQUATQUE 4
8.0 Hectares
LILLOOET DISTRICT ON EAST SIDE OF THE GATES RIVER 6 MILES ABOVE HEAD OF ANDERSON LAKE
[50.5487019, -122.4830541]
Media Reports
Academic Research
Band Publications
No Content Available
Third Party Reports
No Content Available