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AitchelitzFiscal year 2024-2025

← 2023–24

First Nations / Band 558 · British Columbia

Aitchelitz

Fiscal year 2024-2025 (year-end 2025-03-31) · 41 registered · 16 on reserve · Sto:lo Nation

Certified source-faithful captureCompatibility analytics availableFidelity audit passedNo OCROpinion: unqualifiedAuditor: not capturedReport dated 2025-08-12Prepared by: ManagementSource PDF hashed

At a glance · FY 2024-2025

Annual surplus (deficit)

$8.18M

$8,182,040

Total revenue

$10.0M

$10,032,029

Total expenses

$1.84M

$1,843,839

Accumulated surplus

$26.5M

$26,510,347

Total financial assets

$23.2M

$23,224,974

Total financial liabilities

$1.85M

$1,847,407

Net financial assets (debt)

$21.4M

$21,377,567

Total non-financial assets

$5.13M

$5,132,780

Revenue and expenses · FY 2024-2025

As published. Line items from the Statement of Operations, ranked by amount.

Revenue

  • Indigenous Services Canada$7.51M
  • Income from government business partnerships$614K
  • Interest income$611K
  • Other$446K
  • Gaming revenue$256K
  • Property tax revenue$127K
  • Canadian Mortgage Housing Corporation$123K
  • Rental income$101K
  • First Nation Education Steering Committee$90.3K
  • BC Aboriginal Child Care Society$50.0K
  • Income from government business enterprises$49.9K
  • First Nation Health Authority$44.4K
  • Sto:lo Service Agency Society$5.56K

Expenses

  • Housing, community planning and projects$985K
  • Administration$381K
  • Amortization$225K
  • Community maintenance$103K
  • Property taxation$89.7K
  • Social housing$59.1K

Reconciliation: revenue $10.0M − expenses $1.84M = $8.18M surplus

Data by fiscal year

Each row is a fiscal year; every cell opens that data product. Missing data is shown, not hidden.

Fiscal yearStatement tables, notes, schedulesOperationsFinancial positionHeadline figuresCouncil paySource PDF
2024-2025viewingViewViewViewViewPosted, not capturedPDF
2023-2024Posted, not captured———Posted, not capturedPDF
2022-2023Posted, not captured———Posted, not capturedPDF
2021-2022Posted, not captured———Posted, not capturedPDF
2020-2021Posted, not captured———Posted, not capturedPDF
2019-2020Posted, not captured———Posted, not capturedPDF
2018-2019Posted, not captured———Posted, not capturedPDF
2017-2018Posted, not captured———Posted, not capturedPDF
2016-2017Posted, not captured———2 rowsPDF
2015-2016Posted, not captured———2 rowsPDF
2014-2015Posted, not captured———2 rowsPDF
2013-2014Posted, not captured———2 rowsPDF

Statements as published · FY 2024-2025

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CONSOLIDATED STATEMENT OF FINANCIAL POSITION

FY 2024-2025 · PDF page 5

FA − FL = Net FA: matchedNet FA + NFA = Acc. surplus: matched
20252024
FINANCIAL ASSETS
Cash (Note 2)n217,298,9039,854,094
Short term investments (Note 3)n31,206,3071,155,908
Accounts receivable (Note 4)n4157,112195,299
Investment in government business enterprises (Note 5)n5258,837208,885
Investment in government business partnerships (Note 6)n64,303,4153,844,339
Advances to related parties400-⚑
[Total financial assets]23,224,97415,258,525
LIABILITIES
Accounts payable and accrued liabilities471,349364,813
Minors Trust Fund505,693607,201
Deposits5,7005,700
Long term debt (Note 7)n7864,665901,549
[Total liabilities]1,847,4071,879,263
NET FINANCIAL ASSETS21,377,56713,379,262
NON-FINANCIAL ASSETS
Tangible capital assets (Note 8)n85,095,0264,917,364
Prepaid expenses and deposits37,75431,681
[Total non-financial assets]5,132,7804,949,045
ACCUMULATED SURPLUS (Note 10)n1026,510,34718,328,307

CONSOLIDATED STATEMENT OF CHANGES IN ANNUAL SURPLUS

FY 2024-2025 · PDF page 6

20252024
ACCUMULATED SURPLUS - BEGINNING OF YEAR18,328,30717,116,780
ANNUAL SURPLUS8,182,0401,211,527
ACCUMULATED SURPLUS - END OF YEAR26,510,34718,328,307

CONSOLIDATED STATEMENT OF OPERATIONS

FY 2024-2025 · PDF page 7

Rev − Exp = Surplus: matched
Budget Note 11(budget)Total 2025Total 2024
REVENUES
Indigenous Services Canada7,513,9417,513,941357,300
Income from government business enterprises-⚑49,85238,040
Income from government business partnerships-⚑614,347621,484
Property tax revenue126,712126,746103,812
Gaming revenue256,306256,306317,707
Interest income325,418610,540473,391
Canadian Mortgage Housing Corporation46,941122,977117,071
New Relationship Trust-⚑-⚑260,000
BC Aboriginal Child Care Society50,00050,00090,000
Sto:lo Service Agency Society5,4005,5625,400
Other445,595445,595222,317
First Nation Education Steering Committee-⚑90,291-⚑
Rental income103,560101,460103,560
First Nation Health Authority44,41244,412-⚑
[Total revenues]8,918,28510,032,0292,710,082
EXPENSES (Note 12)
Administration478,600381,483361,913
Amortization-⚑225,297218,907
Community maintenance100,000103,182255,694
Housing, community planning and projects537,876985,074533,795
Property taxation199,12489,68779,950
Social housing60,46359,11648,296
[Total expenses]1,376,0631,843,8391,498,555
SURPLUS FROM OPERATIONS7,542,2228,188,1901,211,527
Loss on disposal of tangible capital asset-⚑(6,150)-⚑
ANNUAL SURPLUS FOR THE YEAR7,542,2228,182,0401,211,527

CONSOLIDATED STATEMENT OF CHANGES IN NET FINANCIAL ASSETS

FY 2024-2025 · PDF page 8

20252024
ANNUAL SURPLUS8,182,0401,211,527
Net purchase of tangible capital assets(409,105)(662,630)
Amortization225,297218,907
[Total](183,806)(443,723)
Loss on disposal of tangible capital assets6,150-⚑
Acquisition of prepaid expenses(6,077)(6,458)
[Total](183,735)(450,181)
CHANGE IN NET FINANCIAL ASSETS7,998,305761,346
NET FINANCIAL ASSETS - BEGINNING OF YEAR13,379,26212,617,916
NET FINANCIAL ASSETS - END OF YEAR21,377,56713,379,262

CONSOLIDATED STATEMENT OF CASH FLOWS

FY 2024-2025 · PDF page 9

20252024
OPERATING ACTIVITIES
Annual surplus8,182,0401,211,527
Items not affecting cash:
Amortization of tangible capital assets225,297218,907
Loss on disposal of tangible capital assets6,150-⚑
Income from government business enterprises(49,852)(38,040)
Income from government business partnerships(614,347)(621,484)
[Total]7,749,288770,910
Changes in non-cash working capital:
Accounts receivable38,190(68,705)
Prepaid expenses and deposits(6,073)(6,457)
Accounts payable and accrued liabilities106,328(1,553,856)
Minors Trust Fund(101,508)120,320
Deposits-⚑(5,080)
[Total]36,937(1,513,778)
[Total operating activities]7,786,225(742,868)
CAPITAL AND INVESTING TRANSACTIONS
Purchase of tangible capital assets(409,105)(662,630)
Withdrawal from government business partnership155,371180,412
Withdrawal from trust funds held by federal government-⚑93
Advances to related parties(400)-⚑
[Total capital and investing transactions](254,134)(482,125)
OTHER NON-FINANCIAL ASSETS
Repayment of long-term debt(36,883)(39,567)
INCREASE (DECREASE) IN CASH DURING THE YEAR7,495,208(1,264,560)
CASH - BEGINNING OF YEAR11,010,00212,274,562
CASH - END OF YEAR18,505,21011,010,002

CASH FLOWS SUPPLEMENTARY INFORMATION

FY 2024-2025 · PDF page 9

20252024
Interest received610,540473,391
Interest paid35,09125,499

Cash flows supplementary information - cash and equivalents

FY 2024-2025 · PDF page 9

20252024
Cash17,298,9039,854,094
Short term investments1,206,3071,155,908
[Total]18,505,21011,010,002

Schedules as published

Note 13 - SEGMENTED INFORMATIONPDF p. 21
AdministrationCommunity Maintenance(other)Economic Development(other)Housing & Community Planning(other)Property Taxation(other)Social Housing(other)Other(other)2025 Total(other)2024 Total(other)
REVENUE
Federal Government165,26182,043-⚑7,266,637-⚑-⚑-⚑7,513,941357,300
Provincial Government
Other1,082,18422,480-⚑1,170,793130,066112,565-⚑2,518,0882,352,782
[Total revenues]1,247,445104,523-⚑8,437,430130,066112,565-⚑10,032,0292,710,082
EXPENSES
Wages and benefits-⚑-⚑-⚑236,367-⚑-⚑-⚑236,367208,060
Amortization-⚑-⚑-⚑-⚑-⚑-⚑225,297225,297218,907
Bad debts
Other463,867103,182-⚑666,32389,68759,1166,1501,388,3251,071,589
[Total expenses]463,867103,182-⚑902,69089,68759,116231,4471,849,9891,498,555
ANNUAL SURPLUS (DEFICIT)783,5781,341-⚑7,534,74040,37953,449(231,447)8,182,0401,211,527

Notes to the financial statements

Verbatim, as published. Statement lines above link to their notes.

Note 2CASH

20252024
Administration16,617,0269,128,470
Minor's Trust Fund524,388608,514
Taxation157,489117,110
Unrestricted funds17,298,9039,854,094
Note 4ACCOUNTS RECEIVABLE

20252024
Due from other governments153,747190,879
Due from members3,3654,420
[Total]157,112195,299
Note 5INVESTMENTS IN GOVERNMENT BUSINESS ENTERPRISES

Ownership(budget)20252024
Ch-ihl-kway-uhk Tribe Society1/9 ownership⚑132,666116,006
Ts’elxweyeqw Tribe Management Ltd.1/7 ownership⚑11
Seven Generations Environ. Services Ltd.1/6 ownership⚑126,07092,878
1526271 B.C. Ltd.100% ownership⚑100-⚑
[Total]⚑258,837208,885
Ch-ihl-kway-uhk Tribe SocietySGES Ltd.(other)2025(other)2024(other)
Current assets1,111,291801,6871,912,9781,542,110
Capital assets-⚑3,3483,3484,686
Due from related party355,010-⚑355,010355,010
Total assets1,466,301805,0352,271,3361,901,806
Current liabilities272,30248,745321,047300,608
Due to shareholders-⚑353,258353,258353,258
Total liabilities272,302402,003674,305653,866
Equity1,193,999403,0321,597,0311,247,940
Total liabilities and equity1,466,301805,0352,271,3361,901,806
Revenues194,1181,082,3671,276,485983,532
Expenses(44,173)(883,220)(927,393)(704,386)
Net Income149,945199,147349,092279,146
Note 6INVESTMENT IN GOVERNMENT BUSINESS PARTNERSHIPS

Ownership(budget)20252024
Ts'elxweyeqx Tribe Limited Partnership10/71 ownership⚑4,303,3153,844,339
1526271 Energy Limited Partnership99% ownership⚑100-⚑
[Total]⚑4,303,4153,844,339
2024 December2023 December
Current assets28,132,42323,537,549
Capital assets744,059751,184
Due from related parties5,340,4974,909,850
Total assets34,216,97929,198,583
Current liabilities4,138,5162,628,616
Due to related parties295,782-⚑
Total liabilities-⚑2,628,616
Equity29,782,68126,569,967
Total liabilities and equity34,216,97929,198,583
Revenue6,881,9056,580,706
Expenses(2,581,598)(2,154,173)
Net income4,300,3074,426,533
Note 7LONG TERM DEBT

20252024
All Nations Trust Company loan repayable in monthly blended payments of $3,932, bearing interest at 3.95% (2024 - 1.91%) and matures on June 1, 2044 with renewal on June 1, 2029. The loan is secured by a Ministerial Guarantee from Indigenous Service Canada.639,095661,207
All Nations Trust Company loan repayable in monthly blended payments of $1,843, bearing interest at 3.70% and matures on December 1, 2037 with renewal on December 1, 2027. The loan is secured by a Ministerial Guarantee from Indigenous Service Canada.225,570240,342
[Total]864,665901,549
[Value]
202636,262
202737,757
202839,238
202940,777
2030 and thereafter710,631
[Total]864,665
Note 8TANGIBLE CAPITAL ASSETS

CostAdditions(other)Disposals(other)Accumulated amortization(other)2025 Net book value(other)
Band housing2,725,007-⚑-⚑649,8342,075,173
Building1,994,93830,854-⚑204,4911,821,301
Equipment432,51513,150-⚑122,164323,501
Automobile65,79857,88265,7984,34153,541
Assets under construction481,287340,223-⚑-⚑821,510
[Total]5,699,545442,10965,798980,8305,095,026
CostAdditions(other)Disposals(other)Accumulated amortization(other)2024 Net book value(other)
Band housing2,725,007-⚑-⚑550,3102,174,697
Building1,758,856236,082-⚑124,6941,870,244
Equipment264,709167,806-⚑80,530351,985
Automobile65,798-⚑-⚑26,64839,150
Assets under construction222,545258,742-⚑-⚑481,287
[Total]5,036,915662,630-⚑782,1824,917,364
Note 10ACCUMULATED SURPLUS

20252024
Government Business Enterprises4,780,1194,451,703
Tangible Capital Asset Fund10,697,72410,851,090
Administration, Housing and Community Planning11,032,5043,025,514
[Total]26,510,34718,328,307
Note 12EXPENSES BY OBJECT

Budget(budget)20252024
Amortization-⚑225,297218,907
Band functions185,000199,69175,069
Community building operating expenses-⚑145,960-⚑
Community building reserve funding-⚑167,000-⚑
Distributions198,000174,868220,052
Honoraria56,70053,60015,250
Insurance48,50053,57640,872
Interest and bank charges34,24335,09125,499
Meetings and workshops13,0006,97211,149
Office and administration23,00066,60859,812
Professional fees35,00040,90424,410
Projects3,000146,242202,004
Repairs and maintenance110,000106,733255,014
Service agreements199,12450,76941,548
Travel108,00098,59268,455
Utilities39,82035,56932,454
Wages and benefits235,676236,367208,060
[Total]1,289,0631,843,8391,498,555

Chief and council pay · FY 2024-2025

Filed under the FNFTA as the Schedule of Remuneration and Expenses.

A remuneration schedule is posted for this year but is withheld from the current certified release. The source PDF is linked under Sources below.

Specific land claims

All years, from the ISC specific-claims reporting centre, not the financial statement.

Aitchelitz IR 9 Road Right of WaySettled$50,558

Settlement Report on Specific Claims

Settled 2015/12/14 · Source: Settlement Report on Specific Claims · as of 2026/06/19 ISC source

Alienation of IR Opposite to New WestminsterInvited to Negotiate—

Awaiting Response

Filed 2019/10/16 · Source: Status Report on Specific Claims · as of 2026/06/19 ISC source

Alienation of IR Poplar IslandInvited to Negotiate—

Awaiting Response

Filed 2019/10/16 · Source: Status Report on Specific Claims · as of 2026/06/19 ISC source

Alienation of New Westminster BC City Lot ReservesInvited to Negotiate—

Awaiting Response

Filed 2019/10/16 · Source: Status Report on Specific Claims · as of 2026/06/19 ISC source

Áthelets Colonial ReserveUnder Assessment—

Justice Department Preparing Legal Opinion

Filed 2023/12/11 · Source: Status Report on Specific Claims · as of 2026/06/19 ISC source

Commonage I.R. No. 17Settled$1,500,000

Settlement Report on Specific Claims

Settled 1995/03/30 · Source: Settlement Report on Specific Claims · as of 2026/06/19 ISC source

Interest in IR 8Settled$43,480,650

Settlement Report on Specific Claims

Settled 2022/09/15 · Source: Settlement Report on Specific Claims · as of 2026/06/19 ISC source

Trutch ReductionOther—

File Closed

Source: Status Report on Specific Claims · as of 2026/06/19 ISC source

Total reported settlements (8 claims)—

Community context

Governance

Chief
ANGIE BAILEY
Council
1 councillors
Election system
Custom Electoral System
Tribal council
Sto:lo Nation
Show council
  • LEONA SAM Councillor

Reserves and location

Reserves
5 reserves
Region
BRITISH COLUMBIA · near Vancouver
Show reserves
  • AITCHELITCH 9 · 21 ha
  • GRASS 15 · 65 ha
  • SKUMALASPH 16 · 468 ha
  • PEKW'XE:YLES (PECKQUAYLIS) · 10 ha
  • COQUALEETZA · 23 ha

Population

Registered
41
On reserve
16
As of
May, 2026
Show full breakdown
  • On own reserve: 16 · 9 M / 7 F
  • On other reserves: 7 · 4 M / 3 F
  • On own Crown land: 0 · 0 M / 0 F
  • On other band Crown land: 0 · 0 M / 0 F
  • On no band Crown land: 0 · 0 M / 0 F
  • Off reserve: 18 · 12 M / 6 F

Registry facts from the ISC First Nation profiles; land and coordinates from federal open data.