2016 Annual Report

MSA Annual Report – The Miramichi Salmon Association’s ‘Annual Report’ provides readers with a generalized summary of its annual operations, conservation programs, and membership support.

To view and/or print a copy of the MSA’s most current Annual Report, please click here. Alternatively, the MSA would be pleased to mail you a hard copy; simply call (506) 622-4000 or email info@miramichisalmon.ca.

For even further details and reporting on the MSA’s annual conservation activities, research, and accomplishments, please click here.

MSA Financial Statements – The following is the consolidated statement of operations for the Miramichi Salmon Association for the year ended December 31st, 2015. A detailed report for fiscal year 2014 is available here.

Revenue    
  2015 2014
Fundraising Dinners 242,921 227,941
Maintenance Contract 95,000 95,000
Transfers from MSA (U.S.) Inc. 213,720 132,944
Membership and Donations 245,996 394,242
Government Grants 125,962 90,024
Fish Sales 236,920 138,142
Rental Income 24,433 32,598
Miscellaneous Income 8,711 13,839
MWMC Joint Income 5,883 5,939
CAST Income 15,813
Investment Earnings 56,847 48,851
Acadian Sturgeon Income 7,493 6,592
Realized Gain on Investment 18,344 43,088
Unrealized Gain on Investments (23,925) 26,676
     
  1,274,118 1,248,346
Expenses    
Salaries and Benefits 394,886 403,016
Bad Debt Expense (1,065) 1,500
Depreciation 22,219 8,065
Office Expenses 122,293 110,931
CAST Expenses 15,813
Publicity and Newsletter 7,339 17,931
Travel 52,647 32,717
Fundraising Expenses 2,478 26,005
Operations 217,232 125,266
Rent 3,354 10,694
River Projects 275,434 233,645
Jack Fenety Scholarship 3,756 10,000
Inventory Adjustment 106,968 (91,109)
  1,223,354
964,205

 

(Deficiency) Excess of Revenue over Expenses 50,764 284,141