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, 2016. A detailed report for fiscal year 2016 is available MSA Consolidated 2016

Revenue    
  2016 2015
Fundraising Dinners 310,244 242,921
Maintenance Contract 95,000 95,000
Transfers from MSA (U.S.) Inc. 118,433 213,720
Membership and Donations 191,912 245,996
Government Grants 62,543 125,962
Fish Sales 42,927 236,920
Rental Income 24,299 24,433
Miscellaneous Income 23,989 8,711
MWMC Joint Income 4,973 5,883
CAST Income 250,857 15,813
Investment Earnings 26,511 56,847
Acadian Sturgeon Income 6,769 7,493
Realized Gain on Investment 9,880 18,344
Unrealized Gain on Investments 86,797 (23,925)
     
Proceeds from Property Sale 100,000
  1,355,134 1,274,118
Expenses    
Salaries and Benefits 295,309 394,886
Bad Debt Expense (1,065)
Depreciation 37,123 22,219
Office Expenses 150,737 122,293
CAST Expenses 253,570 15,813
Publicity and Newsletter 6,805 7,339
Travel 69,671 52,647
Fundraising Expenses 93,328 2,478
Operations 88,971 217,232
Rent 6,061 3,354
River Projects 135,275 275,434
Education 10,455 3,756
Inventory Adjustment 12,523 106,968
  1,159,828
1,223,354

 

(Deficiency) Excess of Revenue over Expenses 195,306 50,764