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 ac.no1529299109mlasi1529299109hcima1529299109rim@o1529299109fni1529299109.

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 31^st, 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