Yeqwyeqwí:ws | Yakweakwioose First Nation
The Yakweakwioose First Nation is a Coast Salish Indigenous community located in the Chilliwack region of British Columbia, traditionally situated along the Chilliwack River Valley.
Overview
Last Updated 2026-03-30 09:52:14 UTCBand Council
TERRY HORNE
Chief
JASON MALLOWAY
Councillor
JAZMINE HORNE
Councillor
NICOLE LAROCK
Councillor
ELAINE MALLOWAY
Hereditary Chief
Administrative Contacts
Financial Overview
YAKWEAKWIOOSE 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 Manning Elliott LLP.
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EXECUTIVE SUMMARY
Yakweakwioose First Nation achieved total revenue of $8,689,173, representing
an increase of 180.2% from the prior year, driven primarily by a significant
one-time Indigenous Services Canada funding increase to $5,821,456. The Nation
generated an annual surplus of $6,897,215, up 270.6% from the prior year,
bringing accumulated surplus to $27,520,826. Net financial assets increased
42.9% to $18,121,113, while cash reserves grew to $15,080,823. Long-term debt
decreased to $1,228,470 with minimal liabilities overall. Investment income
from government business partnerships and enterprises contributed $658,426 to
diversified revenue streams. The Nation maintained an operating margin of 79.4%
and holds a position of substantial financial strength with minimal debt and
growing reserves.
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FINANCIAL POSITION
Total Assets: $19,829,370
- Financial Assets: $19,829,370 (includes Cash: $15,080,823)
- Tangible Capital Assets: $9,328,197
- Property Under Development: $0
Total Liabilities: $1,708,257
- Long-term Debt: $1,228,470
- Accounts Payable: $476,837
- Deferred Revenue: $2,950
Net Financial Assets: $18,121,113 (up 42.9% from prior year)
Accumulated Surplus: $27,520,826 (up 33.4% from prior year)
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REVENUE & OPERATIONS
Total Revenue: $8,689,173 (up 180.2% from prior year)
Major Revenue Sources:
- Indigenous Services Canada: $5,821,456 (67.0%)
- Income from Government Business Enterprises and Partnerships: $658,426 (7.6%)
- Tzeachten First Nation: $626,329 (7.2%)
- Interest Income: $472,834 (5.4%)
- Miscellaneous Income: $427,543 (4.9%)
- First Nations Gaming Revenue Sharing LP: $267,721 (3.1%)
- Project Revenue: $203,420 (2.3%)
- Other: $211,444 (2.4%)
Total Expenditures: $1,791,958 (up 44.4% from prior year)
Major Program Expenditures:
- Community Planning and Projects: $1,162,666 (64.9%)
- Community Maintenance: $239,887 (13.4%)
- Administration: $115,312 (6.4%)
- Social Housing: $36,211 (2.0%)
- Amortization: $237,882 (13.3%)
Annual Surplus: $6,897,215 (up 270.6% from prior year)
Operating Margin: 79.4%
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KEY FINANCIAL METRICS
- Financial Assets to Liabilities Ratio: 11.6:1
- Debt-to-Assets Ratio: 6.2%
- Self-Generated Revenue: 33.0% of total
- Cash Reserves: 101.0 months of operating expenses
- Business Entity Profits: $658,426 from 7 partnerships/entities
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CHIEF & COUNCIL REMUNERATION
Name Position Remuneration Expenses Total
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Horne, Terry Chief $74,830 $3,000 $77,830
LaRock, Nicole Councillor $64,140 $5,000 $69,140
Horne, Jazmine Councillor $59,698 $1,000 $60,698
Malloway, Elaine Hereditary Chief $42,692 $5,000 $47,692
Malloway, Jason Councillor/Maintenance $26,000 $0 $26,000
Total Governance Compensation: $281,360 (3.2% of total revenue)
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Source: Audited consolidated financial statements, Manning Elliott LLP, August 29, 2025
Band Financial Statements
Band Council Remuneration
Band Owned Corporations
No Content Available
Laws, Bylaws, and Codes
Intergovernmental Agreements
Active Court Cases
Location Map
Reserves
-
ISC Code: 9657
PEKW'XE:YLES (PECKQUAYLIS)
10.3 Hectares
[49.1434849, -122.2745945] -
ISC Code: 8059
YAKWEAKWIOOSE 12
20.7 Hectares
NEW WESTMINSTER DISTRICT, IN TP26,E.C.M., SOUTHWEST OF AND ADJOINING SKULKAYN I.R. NO. 10
[49.13436979999999, -121.9366745] -
ISC Code: 8113
GRASS 15
64.8 Hectares
NEW WESTMINSTER DISTRICT, IN SEC 22 TWP 26 E.C.M. 3 1/2 MILES SOUTHEAST OF CHILLIWACK
[49.1430391, -121.8925753] -
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