Stsʼaʼí:les | Sts'ailes First Nations
The Sts'ailes are a First Nations band located in the Fraser Valley region of British Columbia, with a rich history of Stó:lō Indigenous culture and traditions.
Overview
Last Updated 2026-03-28 18:48:44 UTCBand Council
CHADLEY PAUL
Chief
CHERYL A. CHARLIE
Councillor
SHERYLYNN CRISPIN
Councillor
BILLI-JOE AMANDA LAROCK
Councillor
MARVIN III LEON
Councillor
TYRA POINT
Councillor
CARLA CHARLIE
Councillor
TIMOTHY FELIX
Councillor
SHERRY POINT
Councillor
CHRISTY WENMAN
Councillor
Administrative Contacts
Te Emi:melh - Child & Family Services Program
Financial Overview
STS'AILES FIRST NATION FINANCIAL SUMMARY
Fiscal Year 2024-2025 (Ending March 31, 2025)
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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 MNP LLP.
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EXECUTIVE SUMMARY
Sts'ailes First Nation generated total revenue of $62,922,934, up 31.8% from
$47,757,249 in the prior year, and achieved an annual surplus of $29,535,365,
representing a 106.0% increase from $14,340,114 in 2024. Revenue growth was
driven by significant increases in Indigenous Services Canada funding to
$28,180,777, interest income reaching $2,058,026, and royalties of $1,891,890.
The Nation holds accumulated surplus of $71,265,457 and net financial assets of
$30,236,407, representing increases of 70.8% and 69.4% respectively. Cash
position increased 22.2% to $26,762,348, while long-term debt declined 4.4% to
$10,956,877. Total expenditures remained relatively stable, declining 0.1% to
$33,387,569. Operating margin reached 47.0%, reflecting exceptional fiscal
performance. The Nation's financial position has strengthened substantially
with growing investments in business entities totaling $18,120,276 and
significant infrastructure development totaling $10,427,708 in construction-
in-progress.
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FINANCIAL POSITION
Total Assets: $100,889,799
- Financial Assets: $59,653,399 (includes Cash: $26,762,348)
- Tangible Capital Assets: $41,006,205
- Property Under Development: $10,427,708
Total Liabilities: $29,416,992
- Long-term Debt: $10,956,877
- Accounts Payable: $6,271,169
- Deferred Revenue: $11,598,846
- Term Loans: $590,100
Net Financial Assets: $30,236,407 (up 69.4% from prior year)
Accumulated Surplus: $71,265,457 (up 70.8% from prior year)
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REVENUE & OPERATIONS
Total Revenue: $62,922,934 (up 31.8% from prior year)
Major Revenue Sources:
- Indigenous Services Canada: $28,180,777 (44.8%)
- Other revenue: $17,608,026 (28.0%)
- First Nation Health Authority: $12,262,078 (19.5%)
- Province of British Columbia: $9,928,503 (15.8%)
- Interest income: $2,058,026 (3.3%)
- Royalties: $1,891,890 (3.0%)
- Grant revenue: $2,925,406 (4.6%)
- Sto:lo Aboriginal Skills and Employment Training: $1,111,748 (1.8%)
- First Nations Education Steering Committee: $968,967 (1.5%)
- Rental income: $674,598 (1.1%)
- BC Aboriginal Child Care Society: $636,363 (1.0%)
- Department of Fisheries and Oceans: $631,203 (1.0%)
- Investment income: $534,487 (0.8%)
- Canada Mortgage and Housing Corporation: $318,602 (0.5%)
- Sts'ailes contracts: $179,698 (0.3%)
- Fraser Health Authority: $106,782 (0.2%)
- First Peoples Heritage, Language & Culture Council: $63,416 (0.1%)
- Legal settlements: $165,663 (0.3%)
- Loss from Nation partnerships: ($490,018) (-0.8%)
Total Expenditures: $33,387,569 (down 0.1% from prior year)
Major Program Expenditures:
- Education: $9,036,933 (27.1%)
- Community Development: $5,997,401 (18.0%)
- Snowoyelh: $5,024,880 (15.0%)
- Health: $2,911,538 (8.7%)
- Sts'ailes Administration and Governance: $2,634,060 (7.9%)
- Housing: $2,478,122 (7.4%)
- Social Development: $1,489,760 (4.5%)
- Lands: $1,374,950 (4.1%)
- Economic Development - Sts'ailes Operations: $1,308,457 (3.9%)
- Employment: $1,131,468 (3.4%)
Annual Surplus: $29,535,365 (up 106.0% from prior year)
Operating Margin: 47.0%
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KEY FINANCIAL METRICS
- Financial Assets to Liabilities Ratio: 2.0:1
- Debt-to-Assets Ratio: 10.9%
- Self-Generated Revenue: 27.4% of total
- Cash Reserves: 9.6 months of operating expenses
- Business Entity Profits: Loss of $490,018 from investments in Harrison
Salmon Producers Limited Partnership and Sts'ailes Development Limited
Partnership
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CHIEF & COUNCIL REMUNERATION
Name Position Remuneration Expenses Total
------------------------------------------------------------------------------
Ralph Leon Chief $32,957 $0 $32,957
(4 months)
Sherry Point Councillor $182,929 $1,140 $184,069
Boyd Peters Councillor $138,734 $1,920 $140,654
Christy Wenman Councillor $155,025 $480 $155,505
Tim Felix Councillor $133,571 $915 $134,486
Cheryl Charlie Councillor $131,877 $632 $132,509
Kelsey Charlie Councillor $131,327 $0 $131,327
Carla Charlie Councillor $116,338 $711 $117,049
Chad Paul Councillor $97,276 $1,445 $98,721
Tyra Point Councillor $58,854 $254 $59,108
Total Governance Compensation: $1,186,385 (1.9% of total revenue)
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Source: Audited consolidated financial statements, MNP LLP, July 29, 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
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ISC Code: 8008
CHEHALIS 6
25.5 Hectares
NEW WESTMINSTER DISTRICT, IN TP4,R29,W.6M, ON LEFT BANK OF THE HARRISON RIVER, OPPOSITE I.R. NO. 5
[49.2875804, -121.8870972] -
ISC Code: 9657
PEKW'XE:YLES (PECKQUAYLIS)
10.3 Hectares
[49.1434849, -122.2745945] -
ISC Code: 8007
CHEHALIS 5
880.2 Hectares
NEW WESTMINSTER DIST., IN TP4, R.29, AND TP.4, R.20 W6M RIGHT BANK OF THE HARRISON RIVER
[49.2057179, -122.910956] -
ISC Code: 10235
COQUALEETZA
23.4 Hectares
CHILLIWACK NEW WESTMINSTER DISCTRICT
[nil, nil]
Media Reports
Academic Research
Band Publications
No Content Available
Third Party Reports
No Content Available