Chowéthel | Chawathil First Nation
The Chawathil First Nation is an Indigenous community located in the Fraser Valley region of British Columbia, near Hope.
Overview
Last Updated 2026-03-27 00:41:07 UTCBand Council
AARON PETE
Chief
SARAH EWEN
Councillor
MONICA S. FLORENCE
Councillor
NORMAN FLORENCE
Councillor
TIMOTHY (TIM) PETERS
Councillor
AUDREY GEORGE
Councillor
KELSEY JOHN
Councillor
Administrative Contacts
Financial Overview
CHAWATHIL 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 MNP LLP.
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EXECUTIVE SUMMARY
Chawathil First Nation generated total revenue of $13,919,190, a decrease of
5.9% from the prior year. The Nation achieved an annual surplus of $806,078,
down 60.0% from 2023. Accumulated surplus reached $22,511,677, up 3.7%. Net
financial assets increased 12.0% to $11,583,409. Cash holdings decreased 13.1%
to $9,814,826, representing 9.0 months of operating expenses. Restricted cash
decreased 11.6% to $2,945,883. Long-term debt decreased 11.3% to $1,371,409.
Major revenue sources included ISC funding ($6,162,285), economic activity
($4,426,660), and other government funding ($2,192,847). The Nation maintains
substantial financial reserves and has significantly increased investment
holdings to $5,610,909. The financial position remains stable with decreasing
debt levels.
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FINANCIAL POSITION
Total Assets: $30,349,844
- Financial Assets: $19,421,576 (includes Cash: $9,814,826)
- Tangible Capital Assets: $10,309,504
- Prepaid Expenses: $616,058
- Inventories Held for Use: $2,706
Total Liabilities: $7,838,167
- Long-term Debt: $1,371,409
- Accounts Payable: $4,213,204
- Deferred Revenue: $2,253,554
Net Financial Assets: $11,583,409 (up 12.0% from prior year)
Accumulated Surplus: $22,511,677 (up 3.7% from prior year)
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REVENUE & OPERATIONS
Total Revenue: $13,919,190 (down 5.9% from prior year)
Major Revenue Sources:
- Indigenous Services Canada: $6,162,285 (44.3%)
- Economic Activity: $4,426,660 (31.8%)
- Other Funding: $2,192,847 (15.8%)
- BC FN Gaming Revenue Sharing LP: $511,901 (3.7%)
- Province of BC: $489,772 (3.5%)
- Rental Income: $135,725 (1.0%)
Total Expenditures: $13,113,112 (up 2.7% from prior year)
Major Program Expenditures:
- Band Revenue: $3,770,612 (28.8%)
- Housing: $2,825,544 (21.5%)
- Social Development and Health Programs: $2,008,480 (15.3%)
- Education: $1,676,494 (12.8%)
- Administration: $1,388,513 (10.6%)
- Maintenance and Capital Infrastructure: $835,489 (6.4%)
- Other: $607,980 (4.6%)
Annual Surplus: $806,078 (down 60.0% from prior year)
Operating Margin: 5.8%
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KEY FINANCIAL METRICS
- Financial Assets to Liabilities Ratio: 2.48:1
- Debt-to-Assets Ratio: 4.5%
- Self-Generated Revenue: 55.7% of total
- Cash Reserves: 9.0 months of operating expenses
- Investment in Government Business Enterprises: Not disclosed separately
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CHIEF & COUNCIL REMUNERATION
Name Position Remuneration Expenses Total
------------------------------------------------------------------------------
Norman Florence Chief $119,928 $9,174 $129,102
Timothy Peters Councillor $112,868 $29,002 $141,870
Monica Florence Councillor $100,746 $13,158 $113,904
Audrey George Councillor $83,669 $11,952 $95,621
Ruth Peters Councillor $29,972 $9,901 $39,873
Kelsey John Councillor $23,505 $6,561 $30,066
Aaron Pete Councillor $17,380 $3,411 $20,791
Total Governance Compensation: $571,227 (4.1% of total revenue)
Note: Remuneration includes both Council remuneration and salary/other
remuneration as disclosed in the schedule.
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Source: Audited consolidated financial statements, MNP LLP, January 28, 2024
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: 10235
COQUALEETZA
23.4 Hectares
CHILLIWACK NEW WESTMINSTER DISCTRICT
[nil, nil] -
ISC Code: 8080
TUNNEL 6
1.1 Hectares
YALE DISTRICT, IN SEC. 21,TP5,R26,W.6M, ON RIGHT BANK OF FRASER RIVER, NEAR MOUTH OF SCHKUM CREEK
[nil, nil] -
ISC Code: 8078
GREENWOOD ISLAND 3
4.0 Hectares
YALE DISTRICT, IN SECTION 9, TP.5, R.26, W.6W, AN ISLAND IN THE FRASER RIVER, AT HOPE
[49.375557, -121.4472924] -
ISC Code: 9657
PEKW'XE:YLES (PECKQUAYLIS)
10.3 Hectares
[49.1434849, -122.2745945] -
ISC Code: 8076
HOPE NO. 1
3.9 Hectares
YALE DIST. IN SECS. 9&16, TP.5,R.26,W.6M, IN TOWN OF HOPE ON LEFT BANK OF FRASER RIVER
[49.379491, -121.4416917] -
ISC Code: 8077
SCHKAM 2
54.3 Hectares
YALE DISTRICT, SECS. 16,17,20&21, TP5,R26,W.6M, ON RIGHT BANK OF FRASER RIVER, NEAR HAIG C.P. STATION
[49.394797, -121.4546451] -
ISC Code: 8079
CHAWATHIL 4
551.6 Hectares
YALE DIST. SECS. 2,3,4,9,10,11 AND 12, TP.5, R.27, W.6M ON RIGHT BANK OF THE FRAZER RIVER, KATZ C.P. STATION ON I.R.
[49.3735828, -121.5479412]
Media Reports
Academic Research
Band Publications
No Content Available
Third Party Reports
No Content Available