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2017 - 2018 Annual Report

LETTER OF TRANSMITTAL 2

November 30, 2018 The Honourable Tina Beaudry-Mellor Minister of Advanced Education Room 307, Legislative Building Regina SK S4S 0B3 The Honourable Minister Beaudry-Mellor: On behalf of the Board, and in accordance with Section 16 of the Regional Colleges Act and Section 14 of the Regional Colleges Regulations, I am pleased to submit the Annual Report of North West College for the fiscal year ending June 30, 2018. Sincerely,

Byron Merkosky Chair Board of Governors

NORTH WEST COLLEGE â€¢ 2017-2018 ANNUAL REPORT

Vision

Leaders in building community.

Mission

To provide adult learning opportunities and to promote life-long learning as a means of enhancing the cultural, economic and social life of the individuals and communities it serves.

Values

Excellence – We are outstanding and go above and beyond what is expected Integrity – We are accountable for our actions and we do what we say Invested – We are invested in our mission, vision, people and relationships Innovation – We are flexible, responsive, proactive and forward-thinking

TABLE OF CONTENTS

Board of Governors............................................................................ 6 Board Chair and President’s Message.................................................. 8 NWC At A Glance............................................................................. 10 Summary of Programs..................................................................... 12 Basic Education.............................................................................. 16 Skills Training...................................................................................18 University........................................................................................ 20 Student Services.............................................................................. 22 Student Achievement........................................................................ 24 Administration................................................................................. 28 Human Resources........................................................................... 29 Glossary of Terms............................................................................ 30 Staff Directory................................................................................. 32 Financial Statements........................................................................ 34

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

JORDAN, RALPH - HETTT & BRANDEM ANDERSON - INSTRUCTOR MEADOW LAKE

BOARD OF GOVERNORS 6

Board Member

Chair BYRON MERKOSKY Edam

Board Member CAREY BAKER Unity

GAETAN COUTURE Victoire

Board Member KEN HODGSON Big River

Board Member AUDREY JONES Medstead

Board Member ANN MCARTHUR Battleford

Board Member WAYNE PIKE Meadow Lake

Board Member GEORGE PRUDAT St. Walburg

Board Member BILL VOLK North Battleford

(Term Ended Mar/18)

NORTH WEST COLLEGE â€¢ 2017-2018 ANNUAL REPORT

(Term Ended Sept/17)

Regular Board Meetings August 28, 2017 September 25, 2017 October 30, 2017 November 27, 2017 January 29, 2018 April 23, 2018 June 18, 2018

Annual Meeting June 18, 2018

BOARD CHAIR AND PRESIDENT’S MESSAGE 8

Board Chair and President’s Message On behalf of the Board of Governors and staff of North West College, we are pleased to submit the annual report and audited financial statements for this fiscal year ending June 30, 2018. As a provincial leader in rural and Indigenous education, North West is proud to offer the breadth of learning opportunities that our communities need. Adult Basic Education, Skills Training, University programs, industry certificates and special interest courses ensure our region has the skilled workforce it needs to meet the challenges of Saskatchewan’s growing economy. Diversity is integral to North West’s strength - diversity in our program offerings, diversity in our staff, and diversity in our students. For the past six years, North West has been proud to report that over half of our students self-identify as Indigenous. Situated on Treaty 6 territory and home of the Métis, this place holds powerful history and identity for all who live here. The importance of place contributes to our commitment to rural education, in bringing educational opportunities to those we serve in the places that sustain them. As such, this 2017-18 annual report celebrates the accomplishments and highlights the challenges of an institution committed to the economic growth and sustainability of the northwest. We wish to thank all supporters and friends of North West for continuing to work with us over the 2017-2018 year. These collaborations enable our College to foster wellness, engage in public education and lead positive social change in our region, province and country.

Jay Notay President & CEO

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

Byron Merkosky Board Chair

KELLY & JAYME - HETTT MEADOW LAKE

NWC AT A GLANCE

At A Glance Figure 1. Proportion of students in each program area, based FLEs. Proportion ofonStudents (FLEs)

Financial Operations $12.8 Million

188 Faculty and Staff

University

39%

Skills Training

55%

Basic Education

Meadow Lake Provincial Park Waterhen Lake FN

Figure 2. 2017-2018 Program Sites Campus locations

Big Island Lake ! ( CN

! (

" ) 55

¬ « 4

Flying Dust FN

( !

Makwa Sahgaiehcan FN

Ministikwan Lake CN

Meadow Lake

Prince Albert National Park

! ( Loon Lake

Big River

Onion Lake CN St. Walburg

Out-of-region Locations: Lloydminster

" )3

Paradise Hill

( !

Thunderchild FN

( !

Turtleford

Big River FN ! ( Leoville

Witchekan Lake FN

Livelong

! (

( !

Spiritwood

Northlands

North West College

Moosomin FN Lucky Man FN

Poundmaker CN

Cumberland

Great Plains

! (

! H

Sweetgrass FN

Parkland

Mosquito FN Southeast

Unity

14 ) ! H"

Blaine Lake

The Battlefords

! H

Wilkie

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

! H

Beardy's and Okemasis CN

Duck Lake

! (

¬ « 40

16 ¬ «

Waldheim

28 " )

! H

Shellbrook

! (

Muskeg Lake CN ! ( Leask

Lakela.nd

Cut Knife

! (

Mistawasis FN

16 ¬ «

Little Pine FN

Sturgeon Lake FN Canwood

! Shell Lake (

Maidstone

( !

Debden

Ahtahkakoop CN

( ! Saulteaux FN

Carlton Trail

! H

¬ «4 Pelican Lake FN

Red Pheasant CN

! H Radisson

( Hepburn !

! (

( !

Rosthern

Hague

( !

North West By the Numbers 2685 enrollments 21 communities including 12 First Nations acted as program sites 135 people employed $104,250 awarded in scholarships 333 students exposed to work placements 22 Master of Education Graduates

93% Student Satisfaction Rate 55% Indigenous Participation Rate 82% Employment Rate* *Among contacted Institute Credit and ABE Credit graduates 60-90 daysâ€™ post-graduation. Includes those who are employed or pursuing additional education.

OUMNIA - HAIRSTYLIST NORTH BATTLEFORD

SUMMARY OF PROGRAMS

Summary of Programs North West is committed to its values of excellence, integrity, innovation and investment in the programs it offers and the communities it serves. In 2017-18, our efforts resulted in over 2600 students receiving the training needed to meet their education and employment goals. Many students took advantage of our diversified program delivery initiative, enrolling in parttime, evening, weekend and off-site skills programs to meet their training needs while they continued working. Others benefited from our brokerage model by completing an institute credit program accredited by Saskatchewan Polytechnic or graduating with a Bachelor of Education in collaboration with the University of Regina. Regardless of the program undertaken, all North West students benefited from a truly Indigenized environment welcoming to all and proudly situated on Treaty Six territory in the heart of the Cree, Dene and MĂŠtis nations. Thanks to our decentralized model and committed staff, North West remained a provincial leader in Indigenous and rural education during the 2017-18 academic year.

Figure 3. Enrollment by individual registration including full-time, part-time and casual students.

Graduated 80 Students from Adult 12

Basic Education Non-Credit 443 Basic Education Credit 426

22 Bachelor of Education Graduates

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

EAL 157

University 92

Institute Credit 397

Skills Training 1170

Summary of Enrollment of 2017-2018 In 2017-2018 North West served 2685 students or 845 full-load equivalents (FLEs) in University, Skills Training and Adult Basic Education programming. Table 1 presents a summary of enrollment with a comparison to 2016-2017. Table 1. Comprehensive Enrollment Statistics. Program Groups

Skills Training

Basic Education

Institute Credit Industry Credit Non-credit Total Skills Training BE Credit Adult 12 Adult 10 Academic GED Total BE Credit BE Non-credit Employability/Life Skills English Language Training General Academic Studies Literacy Total BE Non-credit Total Basic Education

University Total Enrollment

Enrollments FT 233 0 0 233

2016-17 PT C FLEs 163 4 293.1 230 774 29.1 46 90 5.2 439 868 327.4

FT 231 0 0 231

2017-18 PT C FLEs 152 14 304.7 109 954 24.1 25 82 4.6 286 1050 333.4

185 158 0 343

84 73 0 157

191 108 0 299

85 42 0 127

140 0 0 4 144 487 40 760

139 131 3 51 324 481 63 983

177 0 0 1 178 477 40 748

251 0 157 0 0 0 14 0 422 0 549 0 52 0 887 1050

0 193.4 0 145.4 0 0 0 338.8 0 0 0 0 0 0 0 868

114.8 22.6 0.2 3.4 141.0 479.8 47.0 854.2

0 187.5 0 96.3 0 0 0 283.8 157.8 26.3 0 0.5 184.6 468.4 43.3 845.1

FT= Full-time student, PT= Part-time student, Cas= Casual student, FLE= Full Load Equivalent student

SUMMARY OF PROGRAMS 14

Adult Basic Education Addressing Truth and Reconciliation Level 3-4

A major provider of Adult Basic Education in the province, North West understands a strong ABE program is the foundation for further learning, career attachment and long-term personal success for our students. In 2017-18, North West offered 51 unique Adult Basic Education programs at 21 distinct locations across the region. Almost 90% of our Adult Basic Education students self-declare being of Indigenous descent. As such, our programs and service cannot merely include Indigenous content but must be constructed and delivered through the lens of an Indigenous worldview. 2017-18 also marked the third successful year for the Battlefords Campus, Level 3 Work Integrated Learning (WIL) program. Students in this program are guided through the step-bystep process of starting a small business while fulfilling the Level 3 curricular outcomes. For three years the College has enjoyed healthy treats from the coffee kiosk. Above and beyond the obvious practical benefits of increased food security and embedded job-ready skills, the WIL program format has increased student attendance, retention, and success by 10-15%. Given these results, North West is now launching a WIL Initiative College-wide as part of the new 2018-2021 Strategic Plan, In Business for Students. Indigenous art is a critical tool of cultural expression and healing on the road to reconciliation. As such, North West College was honoured to be the first regional college to earn a Saskatchewan Arts Board Artist in Residence Grant in partnership with Saskatchewan Rivers Public School Division and Debden Public School. In May 2018, Level 4 students from North West’s Debden site completed their visual arts requirements by painting two murals under the supervision of local Métis artist, Leah Dorion and Thunderchild First Nation elder, Gladys Wapass-Greyeyes. The murals were intended to represent the students’ feelings in regards to healing. At our Battlefords Campus a Truth and Reconciliation Monument was created by staff. All students were also given the opportunity throughout the year to attend a KAIROS Blanket Exercise organized by one of our trained facilitators on staff. These events are not isolated occurrences at North West but rather part of a continuous process of culturally sensitive education for our students and staff. Elder services, smudging ceremonies and cultural days are just some examples of the continued process of reinforcement for all members of the College community.

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

Supporting Rural Entrepreneurship The Leoville Entrepreneurship 30 class held a public fashion show in May to showcase their ribbon skirts and shirts. These original pieces were designed and marketed by the class with guidance from local designer Helen Oro, originally of Pelican Lake First Nation.

ENTREPRENEURSHIP 30 CLASS LEOVILLE

32 Programs Offered Off-Campus 39% of Students Study Off-Campus

SUMMARY OF PROGRAMS

Level 1-2

North West continues to employ a spoke and wheel methodology to ABE programming wherein Levels 1-2 take place in community and once students are comfortable and confident in their skills they are encouraged to enroll in Level 3 and 4 programming at our larger centers. This gradual introduction to a traditional post-secondary center positively impacts retention and paves the way for post-secondary and career success. To this end, North West offered 21 Level 1 or 2 programs in 2017-18. The College received support from the Ministry of the Economy to offer five Essential Skills for the Workplace Program (ESWP) in 2017-18. One of these programs was a partnership with Meadow Lake Provincial Park and the Meadow Lake Tribal Council to train students as parks workers acknowledging the Indigenous connection to stewardship of the land.

EAL

As The Battlefords are the fourth largest immigration site in the province, North Westâ€™s EAL program continued to thrive. North West served 157 students in the communities of North Battleford, Meadow Lake and Rosthern with conversation circles in Spiritwood, Unity and Meadow Lake. Locations were selected based on identified need and community interest. EAL courses continue to be offered both during the day and in the evening to accommodate the full-time work schedule of many students.

HOSNI, BORAM & LIUDMYLA - EAL NORTH BATTLEFORD

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

ADIJAT, LINDA, SHANNON, NIKKI AND ROCHELLE - VARIOUS PROGRAMS NORTH BATTLEFORD

SUMMARY OF PROGRAMS

Skills Training

Working with Rural Businesses and Communities In 2017-2018 North West continued to allocate limited resources to serve its numerous rural communities. Communities such as Unity, Rosthern and St. Walburg were among the 21 rural service sites North West served in 2017-18. North West also partnered with 12 First Nations to offer Adult Basic Education and Institute Credit programs in their communities. Almost 1/3 of First Nations in the province are located in the North West College region. North West recognizes that these communities are important stakeholders and, as such, we have worked to earn the trust of local Indigenous partners. One such partnership is the Plumbing and Pipefitting Program run in partnership with RobWel Constructors in Meadow Lake. This pipe fabrication, repair and alteration company is owned by the Clearwater River Dene Nation and has welcomed North West College into its facilities for the past five years. The Collegeâ€™s Plumbing and Pipefitting program is run on site ensuring students have hands on experience while training and RobWel can observe future pipefitters for recruitment after graduation.

Institute Credit programs offered included: Business Business, Business Accountancy, Office Education Trades Electrician, Food Service Cook, Hairstylist, Heavy Equipment Technician, Industrial Mechanic, Institutional Cooking, Plumbing & Pipefitting, Professional Cooking, Welding Health Continuing Care Assistant, Practical Nursing, Primary Care Paramedic Community Services Early Childhood Education, Security Officer, Youth Care Worker

Industry Credit: We also offered Industry Credit programs which enable participants to gain and retain employment. These include Safety tickets, First Aid/CPR and other industry requirements.

Non-Credit: Non-Credit programming includes community interest classes, computer training, software training, and professional development classes.

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

Community Activator Committed to community engagement, North West students contribute to local industries as embedded components of their training. For instance, in May, 2018, when the Tolko OSB Mill in Meadow Lake undertook a maintenance shut down, North West College Welding students were asked to assist with the process. Communities in northwestern Saskatchewan know the College and know North West is here to contribute to rural economic sustainability.

Economic Driver Given our disparate human geography, North West understands the systemic benefits of a decentralized delivery model. For students, success is exponentially increased by proximity to family, community and cultural supports. For northwestern businesses and communities, North West is an economic driver in a local economy largely sustained by small- and medium-sized businesses. Last year alone, North West students, staff and operations generated $49M in regional GDP and contributed 383 jobs to the area.

National Leader In 2017-18 North West received national recognition at the CICan (Colleges and Institutes Canada) Annual Meeting Rural Remote and Northern Panel for its innovation in delivering the Youth Care Worker certificate program in collaboration with Little Pine First Nation and the National Indian Brotherhood Trust.

LACY - ABE MEADOW LAKE

SUMMARY OF PROGRAMS

University

Collaborations and Public Education North West offers a variety of university courses through both the University of Saskatchewan and the University of Regina. These courses boast small class sizes and high student-toteacher ratios. University students at North West also benefit from value-added services such as lunch & learn sessions, study skills seminars and tutoring services. This individual attention along with the personal and financial benefits of studying at home are major factors in our high completion rate and our stable university enrollment in university programs during 201718. Starting a university program at North West is the first step to obtaining a valuable degree and transitioning to a professional field.

Bachelor of Education Programs In 2017-2018, North Westâ€™s university education programs continued to produce and support exceptional teacher training in the northwest. Partnering with the University of Regina - Faculty of Education, North West produced its third cohort of Bachelor of Education graduates in 2017-18.

Public Lectures North West seeks out opportunities to work with post-secondary partners to bring all educational opportunities to our region. In November, 2017 North West College partnered with the University of Regina to put on a free public lecture at the Battlefords Campus. Chief Clarence Louie of Osoyoos Indian Band in British Columbia spoke to a full room of over 150 local business owners, Indigenous leadership and community members about business partnerships between Indigenous and non-Indigenous groups. The evening event was well received and sparked a healthy and lively discussion about overcoming barriers to such partnerships in northwest Saskatchewan.

$104,250 Awarded in Scholarships

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

North West Supports: • In 2017-18 North West awarded 20 Canada 150 Scholarships valued at $1500 to students who exemplified citizenship, leadership and volunteerism. • This program was generously supported by the Saskatchewan Innovation and Opportunity Scholarship Program.

JODIE - BUSINESS NORTH BATTLEFORD

SUMMARY OF PROGRAMS

Student Services Mental Health and Wellness Tremendous student services play a significant role in North West’s institutional success. Prospective students are guided through a comprehensive intake process by highly trained staff. This one-on-one attention allows for the early identification and mitigation of barriers to academic success. Continuous follow-ups, job coaching and career supports ensure students know that North West is invested in their personal and professional success. In 2017-2018, North West payed particular attention to Mental Health and Wellness initiatives for our students. Faced with a string of youth suicides in the Battlefords in January and February of 2018, the need for Mental Health support was particularly acute. A ‘Be Well’ initiative was launched with a brochure that included a self-check guide and resources for those at risk of crisis. Facilities also introduced Security Officers on campus to add to students’ sense of safety. A comprehensive Sexual Assault and Sexual Violence policy was also developed with engagement for all College community stakeholders.

82% Employment Rate* 93% Student Satisfaction Rate 333 Students Exposed to Work Placements *Among contacted Institute Credit and ABE Credit graduates 60-90 days post-graduation. Includes those who are employed or pursuing additional education.

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

North West Provides:

• Daycare spots allotted to the Battlefords, Meadow Lake and Duck Lake sites. • Student Residence contains 40 suites and 96 bedrooms to support students and their families at the Meadow Lake Campus

ANDREA - ABE, MARK GUNDERSON - STUDENT SERVICES ASSOCIATE MEADOW LAKE

STUDENT ACHIEVEMENT

Student Achievement

Connecting Students to Employment The North West student success rate continued to grow year-over-year with an overall increase of 4% in 2017-2018. University showed the most substantial increase with 96% of students completing or graduating. Student success is a paramount objective for all members of the North West community. Our instructors, administrators, support staff all want to see our students thrive and succeed. This commitment is evident in the student success rates achieved this past year. It is also a major factor in our student satisfaction rate of 93%. In 2017-18 86% of Institute Credit and Adult Basic Education graduates were either working or pursuing further education within three months of graduation. Table 2. Student Success by Program Group. Program Groups

2017-18 Completed Graduated

Enrolled

Skills Training

Institute Credit Industry Credit Non-credit Total Skills Training BE Credit Basic Education Adult 12 Adult 10 Academic GED Total BE Credit BE Non-credit Employability/Life Skills English Language Training General Academic Studies Literacy Total BE Non-credit Total Basic Education University Total Enrollment

FT PT Cas 231 152 14 0 109 954 0 25 82 231 286 1050 191 85 108 42 0 0 299 127 177 0 0 1 178 477 40 748

Cas 0 916 0 916

Completed or Graduated % FT & PT 82% 100% 100% 90%

7 1 0 8

0 0 0 0

69% 70% 100% 69%

154 151 0 0 0 0 120 0 0 0 0 0 0 0 0 3 0 0 0 154 274 0 0 0 295 306 0 114 8 13 53 0 20 2 329 513 138 279 153

0 0 0 0 0 0 0 916

71% 76% 100% 20% 71% 70% 96% 78%

FT PT Cas FT PT 21 106 13 145 41 0 23 43 0 102 0 25 82 0 0 21 154 138 145 143

0 88 0 53 0 0 0 141

251 0 157 0 0 0 14 0 422 0 549 0 52 0 887 1050

22 10 0 32

0 73 0 41 0 0 0 114

FT = Full-Time Student, PT = Part-Time Student, Cas = Casual Student, FLE = Full Load Equivalent Student

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

RAVEN, BLAINE & BREAH - LICENSED PRACTICAL NURSES NORTH BATTLEFORD

STUDENT ACHIEVEMENT

Student Achievement 2012 marked the tipping point wherein the College served more Indigenous learners than nonIndigenous. This proportion has continued to grow sitting at 55% in 2017-2018. This remains significantly higher than the regional population which sits at approximately 35%. This tremendous representation of Indigenous learners is due in large part to the close partnerships the College maintains with Indigenous partners within the region. In 2017-2018, North West College guided 70 Indigenous learners to Level 4 graduation. A number comparable to Indigenous institutions such as Saskatchewan Indian Institute of Technology (SIIT) or Gabriel Dumont Institute (GDI). Table 3. Enrollment Statistics Including Completers and Graduates for Equity Groups. Program Groups

Indigenous E C G (#) (#) (#) Skills Industry Credit 408 36 389 Training Institute Credit 243 41 117 Non-credit 13 13 0 Total Skills Training 664 90 506 Adult 12 237 89 70 Basic Education Adult 10 137 59 34 Academic GED 0 0 0 Employability/Life Skills 388 276 0 English Language Training 1 0 0 General Academic Studies 0 0 0 Literacy 12 3 0 Total Basic Education 775 427 104 University 46 32 11 Total Enrollment 1485 549 621

Visible Minority Disability % E C G % E C G % C+G (#) (#) (#) C+G (#) (#) (#) FLEs 100 37 3 35 100 25 4 23 100 77 22 6 14 91 10 5 5 100 100 4 4 0 100 4 4 0 100 94 63 13 49 98 39 13 28 100 67 6 4 0 67 23 10 11 91 68 4 3 0 75 11 5 4 82 100 0 0 0 100 0 0 0 100 71 21 15 0 71 14 12 0 86 0 35 21 0 60 2 2 0 100 100 0 0 0 100 0 0 0 100 25 0 0 0 100 2 2 0 100 69 66 43 0 65 52 31 15 88 93 4 3 1 100 7 6 1 100 82 98 50 44 96 81 133 59 50

E= total enrollments; C= completers: # of students who completed course requirements or remained to the end of the program; G= graduates: # of students who successfully completed all course requirements resulting in achievement of certification by a recognized credit granting institution or recognized industry.

55% Indigenous Participation Rate

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

North West Succeeds

2017-18 North West continued its tradition of Indigenous educational success: Total College Student Success Rate University 96% Institute Credit 82% Adult 12 (Level 4) 69% Indigenous Student Success Rate University 93% Institute Credit 77% Adult 12 (Level 4) 67%

STEVEN - PROFESSIONAL COOKING MEADOW LAKE

Equipment IT 1.50% 0.50% Amortization 7%

Other 8%

Tuition 14%

Provincial Funding 70%

Administration

IT Investment

Expenses

Contracts 6%

Revenue

ADMINISTRATION

Federal Funding 2%

Facilities 9% Agency 9% Operating 13%

Salaries & Benefits 60%

Strategic Values in Practice

In 2017-2018 North West continues to make IT investments. North West strives to be front line with technologies and services. North West will be moving to more cloud based services over the past few years while exploring options for virtualized desktops. Provided virtual desktop testing is successful and North West moves forward with the changes, the College should experience efficiencies as it relates to IT image deployments and desktop management.

Space Constraints Programming space remains an issue at the Battlefords Campus with an average of six programs being delivered off-site in leased space. Battlefords campus has no shop space which provides challenges with our ability to be responsive to industry and community needs. A stand alone campus is one of our strategic goals in the 2018-2021 Strategic Plan. This stand alone campus will consist of adequate shop space, will include cultural space and will ensure students benefit from all the services and supports that come with having everyone together on campus.

Risk Management In 2017-2018, the Board of Governors and senior management completed development of an Enterprise Risk Management (ERM) plan as it was key performance indicator of the 2015-2018 strategic plan. This past year saw the education continue about risk management and creating a risk management culture. ERM continues as a strategic goal in the 2018-2021 strategic plan with the end goal of maturing the ERM culture to evergreen status.

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

Human Resources

At North West College, we value our employees as members of a diverse and vibrant community that is united in the common goal of delivering a wonderful educational experience in an environment of creativity and innovation. Our faculty and staff are leaders in finding new and better ways to teach, engage, enrich and support our students. Committed to continued innovation in staff satisfaction initiatives, the College continues to invest in people to warrant positive staff recruitment and retention. North West College conducted its third annual Employee Engagement survey in April, 2018 to measure employee satisfaction. The College received an overall satisfaction rate of 86.7%. During the 2017-18 fiscal year, the College employed: FTE In-Scope: 84.39 FTE Out-of-Scope Management: 9.5 FTE Out-of-Scope (including casual): 5.63 Total FTE: 99.52

ROXANNE HENRY - JOB COACH MEADOW LAKE

GLOSSARY OF TERMS 30

Glossary of Terms Full-Time Student: Is defined as one who is taking courses that collectively require a minimum of 18 hours of scheduled class time per week for a minimum period of 12 weeks. There are two exceptions to this definition: a) For Apprenticeship and Trade: a complete level (the length depends on the trade) is required; b) For university courses: a minimum of 216 hours of scheduled class time per academic year.

Part-Time Student: Is defined as (a) one who is taking courses of less than 12 weeks duration, even if they collectively require more than 18 hours of scheduled class time per week; or (b) one who is taking courses that are at least 12 weeks in duration but collectively require less than 18 hours of scheduled class time per week.

Casual Student: Is defined as one who is taking courses within a program group that collectively totals less than 30 hours of scheduled class time.

Full-Load Equivalent: Is defined as the total participant hours divided by the accepted fullload equivalent factor for a program group.

Institute Credit: Programs brokered from Saskatchewan Polytechnic or other training program suppliers.

Industry Credit: Short-term safety training or training to meet specific industry needs.

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

CHRISTIE STARNES - RECEPTION/CAREERS CENTRE CLERK, MICHELLE TATTON - RECEPTION/CAREERS CENTRE CLERK, CRIMPSON WEBER - PROGRAM SECRETARY NORTH BATTLEFORD

North West College Staff Academic Adams, Tammy...............................................Instructor, Hairstylist (NB) Anderson, Brandem ��Instructor, HETTT (ML) Attig, Lloyd............................ Instructor Aide, Facilitator, ESWP (Mistikwa) Auchstaetter, Karen ��Instructor, ABE (NB) Baxter, Mary Anne �� Instructor, EAL (NB) Bedi, Dona...................................................Instructor, CCA (Spiritwood) Berezowsky, Mary.......... Instructor, Post-Secondary Communications (ML) Boyko, Mary................................................. Instructor, ECE (Spiritwood) Boyko, Michael ��Instructor, ABE (ML) Brace, Darlene...................................... Instructor Aide, Tutor (Duck Lake) Brace, Bill................................... Instructor, ABE (Beardy’s Okemasis FN) Brown, Kim ��Instructor, ABE (ML) Brucks, Susan �� Instructor, CCA (ML) Budd, Dale......................................Instructor, Professional Cooking (ML) Bullerwell, Trudy..............................................Instructor, ABE (Mistikwa) Campbell, Tara................................ Instructor, PT, Practical Nursing (NB) Charabin, Douglas ��Instructor, ABE (Leask) Charbonneau, Beverly...................... Instructor, Business Accounting (NB) Clarke, Brent �� Instructor, EAL (NB) Claxton, Thomas...................................Instructor, ABE (Muskeg Lake FN) Coldwell, Wade...............................................Instructor, ABE (Mistikwa) Cook , Kris................................................ Instructor, PT, Hairstylist (NB) Crighton, Alan............. Instructor, Food Service (Makwa Sahgaieghcan FN) Day, Charles ��Instructor, ABE (ML) Embree, Ron...... Instructor, P & P & Instructor ESWP-Parkworker (Various) Felix, Sandra.................Instructor, ABE & Instructor ESWP - ECE (Various) Gerber-Pauls, Patricia ��Instructor, EAL (Rosthern) Grant-Iverson, Donna ��Instructor, CCA (NB) Haraldson, Jaime �� Instructor, EAL (NB) Hasselberg, Leah �� Instructor, PT, CCA (NB) Hawkey, Candice ��Instructor, ABE (NB) Heintz, Murray.................................................Instructor, ABE (Mistikwa) Hiebert, Kenneth ��Instructor, ABE (ML) Jackow, Deborah �� Instructor, CCA (Various) Kauth, Amie......................................Instructor, Business Certificate (NB)

Kjargaard, Marie.............................. Instructor, Office Administration (NB) Krismer, Vera................. Instructor, Post-Secondary Communications (NB) Krushelniski, Verna ��Instructor, ABE (Leoville) LaFreniere, Tressa..... Instructor, ABE (Poundmaker and Red Pheasant FN’s) Laird, Jeremy.............................Instructor, Industrial Mechanic (Mistikwa) Laurin, Carolyn..................................... Instructor, Practical Nursing (ML) Leask, Glen............................Instructor, ABE (Mistkwa and Little Pine FN) Love, Kelly........................................Education Resource Consultant (NB) Maier, Lea-Ann ��Instructor, ABE (NB) Maluta, Brian...............Instructor Aide, Facilitator, ESWP (Poundmaker FN) Martens, Allwyn....................................... Instructor, PT, CCA (Maidstone) Martin, Nancie ��Instructor, ABE (NB) Maurer, John..........................................Instructor, Electrician (Mistikwa) McAmmond, Kim �� Instructor, Electrician (ML) McFarlane, Shayleen ��Instructor, PT, ABE (Debden) McWatters, Patricia............................... Instructor, Practical Nursing (NB) Metrunec, Anne............. Instructor, ABE (Witchekan and Pelican Lake FN’s) Monette, Carolyn................................. Instructor, Youth Care Worker (NB) Nagyl, Kimberley..........................................Instructor, ESWP - ECE (ML) Norgaard, Jennie.......................................... Instructor, ABE (Duck Lake) Ogram, Robert................................ Instructor, ABE (Ministikwan Lake FN) Poffenroth, Aileen ��Instructor Aide, Tutor (NB) Pohl, Gerald.................................... Instructor, Business Accounting (NB) Pollard, Christine �� Instructor, EAL (NB) Rejc, Lee........................................................ Instructor, PT ABE (Leask) Roberts, Dianne ��Instructor, ABE (Leoville) Russell, Robert.................................................. Instructor, Welding (ML) Sanderson, Arlene......................................... Instructor, ABE (Duck Lake) Sirois Bonneau, Denise.........Instructor, Institutional Cooking (Big River FN) Slater, Laura �� Instructor, EAL (NB) Smith, Charles...................Instructor, ABE (Big River & Ahtahkakoop FN’s) Strelezki, Sandra.............................. Instructor, Office Administration (ML) Wasyliw, Audrey ��Instructor, ECE (NB) Weiman, Lesley ��Instructor, ABE (NB) Wood, Barton.................................. Instructor, Security Officer (Mistikwa) Wood, Grant..................................................... Instructor, ABE (Debden)

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

Student Services

Program Coordinators

Albert, Esther �� Job Coach (ML) Alger, Dawn...........................................Student Services Associate (ML) Fox, Krista..............................................Student Services Associate (NB) Gartner, Lindsey.................................. Coordinator, Student Services (NB) Gattinger, Loralee �� Registrar (NB) Gunderson, Mark....................................Student Services Associate (ML) Henry, Roxanne �� Job Coach (ML) Kwong, Gregory..................................... Student Recruitment Officer (NB) Laliberte, Angel.......................................Student Services Associate (ML) Pambrun, Crystal....................................Student Services Associate (NB) Piche, Jessica........................................Student Services Associate (ML) Rose-Kadler, Hilda.............................. Coordinator, Student Services (ML) Sarvas, Jackie �� Job Coach (NB) Whyte, Jennifer.......................................Student Services Associate (NB)

Conrad, Tracey....................................... Post-Secondary Programs (ML) Huskins, Amanda..........................................Adult Basic Education (ML) Nachbaur, Miles.... Business, Industry, Community & Student Housing (ML) Platten, Shelley �� Special Projects (NB) Robinson, Marney...........Business, Industry, Community & University (NB) Rooke, Jennifer..............................................Adult Basic Education (NB) Zanyk, Bryon...................................... Technical & Trades Programs (NB)

Administration

Facilities

Bast, Anna...................................Programs Administrative Assistant (NB) Brassard, Melissa .... Administrative Support - Administration & Bookstore (ML) Brown-Kopera, Kim �� Administration Clerk (NB) Desai, Kosha................................................... PT Accounting Clerk (NB) Fegan, Nahla ��Accounting Clerk (NB) Hildebrand, Holly.....................................PT Evening Program Clerk (NB) King, Donna.................................................Administrative Support (ML) Laliberte, Lynora...........................................Administrative Support (ML) Martin, Tammy...........................................Student Residence Clerk (ML) Poock, Lois..................................... Reception / Career Center Clerk (NB) Rose, Dawn.................................... Reception / Career Center Clerk (NB) Runningaround, Carmen.... Administrative Support - Administration & Bookstore (ML) Starnes, Christie............................... Reception / Career Center Clerk (NB) Stevenot, Renee............................................Administrative Support (ML) Tatton, Michelle.............................Programs Administrative Assistant (NB) Tremblay, Summer...................................PT Evening Program Clerk (NB) Walker, Jeanna.............................Programs Administrative Assistant (NB) Weber, Crimpson...................................... Programs Secretary, ABE (NB) Weber, Wanda ��Accounting Clerk (NB) Williamson, Maureen................................ PT Administrative Support (ML)

Anic, Marica......................................................PT Custodian (Mistikwa) Aulinger, James �� Custodian (NB) Bajalovic, Davorin....................................... Maintenance Custodian (NB) Bonifacio, Edizer ��PT Custodian (Mistikwa) Mutch, Owen....................................PT Student Residence Operator (ML) Njaradi, Elemir...................................................PT Custodian (Mistikwa)

LEGEND ABE - Adult Basic Education EAL - English as an Additional Language ESWP - Essential Skills for the Workplace

CCA - Continuing Care Assistant FN - First Nation ML - Meadow Lake NB - North Battleford

Corporate Services Green, Becky............. PT Administrative Assistant, Corporate Services (NB) Ibrahim, Hassan.................Assessment & Accountability Coordinator (NB) Rowswell, Kendra.................... Marketing & Communications Officer (NB) Tatchell, Joanne.. Office Clerk, President’s Office & Corporate Services (NB)

Information Technology Lanson, Darrell............................Information Technology Technician (ML) Vany, Jason.............................. Information Technology Coordinator (NB)

Management Anderson, Harvey �� Facilities Manager (NB) Beaudry, Marlene �� Executive Secretary (NB) Brown, Willow.............................................. Director, North Region (ML) Coulson, Patricia................................... Human Resources Manager (NB) Laliberte, Tavia............................. President & Chief Executive Officer (NB) Lamb Drover, Victoria............................Corporate Services Manager (NB) Piller, Jordan...................................................... Facilities Manager (NB) Roberts, Melanie.......... Interim President & CEO/Director of Programs (NB) Schulkowsky, Marla �� Controller (NB) Studney, Tanis...........................Director of Finance & Administration (NB) Taylor, Sharon...................................... Human Resources Associate (NB)

FINANCIAL REPORTS 34

MANAGEMENT REPORT North West College Report of Management The North West College’s management is responsible for the preparation of the financial statements in accordance with Canadian public sector accounting standards and in accordance with guidelines developed by the Minister of Advanced Education and the Minister of the Economy. The preparation of financial statements necessarily involves the use of estimates based on management’s judgement, particularly when transactions affecting the current accounting period cannot be finalized with certainty until future periods. The College’s management maintains a system of accounting and administrative controls to ensure that accurate and reliable financial statements are prepared and to provide reasonable assurance that transactions are authorized, assets are safeguarded, and financial records are properly maintained to provide reliable information for the preparation of financial statements. The Board of Directors are responsible for reviewing the financial statements and overseeing management’s performance in financial reporting. The Board of Directors meets with management and the external auditors to discuss and review financial matters. The Board of Directors approves the financial statements and the annual report. The external auditors, Vantage Chartered Professional Accountants, conduct an independent examination in accordance with Canadian auditing standards and express their opinion on the financial statements. The accompanying Auditors’ Report outlines their responsibilities, the scope of their examination and their opinion on the College’s financial statements. The external auditors have full and free access to, and meet periodically and separately with, both the Board of Directors and management to discuss their audit findings.

____________________________________ Jay Notay President and Chief Executive Officer

____________________________________ Tanis Studney Director of Finance and Administration

September 24, 2018

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

FINANCIAL REPORTS

June 30 2018 Financial Assets Cash and cash equivalents (Note 3) Accounts receivable (Note 4) Inventories for resale (Note 5) Portfolio investments (Note 6)

Total Financial Assets

June 30 2017

2,513,034 127,099 131,727 56,384

2,142,686 326,667 42,871 58,272

2,828,244

2,570,496

Liabilities Accrued salaries and benefits (Note 7) Accounts payable and accrued liabilities (Note 8) Deferred revenue (Note 9) Liability for employee future benefits (Note 10) Long-term debt (Note 11)

200,489 318,813 41,253 231,100 136,836

224,443 209,989 97,696 216,800 259,281

Total Liabilities

928,491

1,008,209

Net Financial Assets

1,899,753

1,562,287

Non-Financial Assets Tangible capital assets (Note 12) Prepaid expenses (Note 13)

8,007,475 58,095

8,785,856 58,347

Total Non-Financial Assets

8,065,570

8,844,203

Accumulated Surplus

9,965,323

10,406,490

Accumulated Surplus is comprised of: Accumulated surplus from operations (Note 19) Total Accumulated Surplus

$ $

9,965,323 9,965,323

$ $

10,406,490 10,406,490

Contingent Liabilities (Note 20) Contractual Rights (Note 21)

The accompanying notes and schedules are an integral part of these financial statements On behalf of the Board: Chairperson Vice-Chairperson

Statement 1

North West College Statement of Financial Position as at June 30, 2018

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

2018 Budget Revenues (Schedule 2) Provincial government Grants Other Federal government Grants Other Other revenue Contracts Interest Rents Resale items Tuitions Donations Other Total revenues

8,847,315 117,800

2018 Actual

2017 Actual

8,832,500 283,527

8,930,496 248,486

270,000 -

242,375 -

206,548 -

1,054,916 32,000 318,209 300,000 1,618,661 40,000 205,700 12,804,601

729,496 57,201 334,589 297,878 1,818,801 90,781 253,234 12,940,382

1,121,208 36,583 321,299 320,227 1,659,558 66,602 241,112 13,152,119

Expenses (Schedule 3) General Skills training Basic education Services University Scholarships Student housing Total expenses

5,778,766 3,223,744 2,612,223 1,467,332 368,136 70,000 299,967 13,820,168

5,465,045 3,067,445 2,722,810 1,310,480 359,299 132,847 323,623 13,381,549

5,877,560 3,127,573 2,671,202 1,536,798 368,227 94,624 319,464 13,995,448

Deficit for the Year from Operations

(1,015,567)

Accumulated Surplus, Beginning of Year

10,406,490

Accumulated Surplus, End of Year

9,390,923

(441,167)

(843,329)

10,406,490 $

9,965,323 -

The accompanying notes and schedules are an integral part of these financial statements

11,249,819 $

10,406,490

FINANCIAL REPORTS

Statement 2

North West College Statement of Operations and Accumulated Surplus for the year ended June 30, 2018

FINANCIAL REPORTS

2018 Budget Net Financial Assets, Beginning of Year

Deficit for the Year from Operations Acquisition of tangible capital assets Amortization of tangible capital assets Acquisition of prepaid expenses Use of prepaid expenses

1,562,287

2018 Actual $ 1,562,287

(1,015,567) (250,000) 1,035,000 (20,000) 20,000

Change in Net Financial Assets

Net Financial Assets, End of Year

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

2017 Actual $

1,723,427

(441,167) (123,902) 902,283 (58,095) 58,347

(843,329) (332,521) 1,012,722 (58,347) 60,335

(230,567)

337,466

(161,140)

(230,567)

337,466

(161,140)

1,331,720

$ 1,899,753

The accompanying notes and schedules are an integral part of these financial statements

Statement 3

North West College Statement of Changes in Net Financial Assets as at June 30, 2018

1,899,753 (0)

1,562,287 1,562,287 (0)

2018 Operating Activities Deficit for the year from operations Non-cash items included in surplus (deficit) Amortization of tangible capital assets Changes in non-cash working capital Decrease (increase) in accounts receivable (Increase) in inventories for resale (Decrease) increase in accrued salaries and benefits Increase (decrease) in accounts payable and accrued liabilities (Decrease) in deferred revenue Increase in liability for employee future benefits Decrease in prepaid expenses Cash Provided (Used) by Operating Activities Capital Activities Cash used to acquire tangible capital assets Cash Used by Capital Activities Investing Activities Cash used to acquire portfolio investments Cash provided by disposal of portfolio investments Cash Used by Investing Activities Financing Activities Repayment of long-term debt Cash Used by Financing Activities Increase (decrease) in Cash and Cash Equivalents Cash and Cash Equivalents, Beginning of Year

2017

(441,167)

902,283

(843,329) 1,012,722

199,568 (88,856) (23,954)

(91,764) (15,108) 15,243

108,824 (56,443) 14,300 252 614,807

(32,403) (17,735) 13,000 1,988 42,614

(123,902) (123,902)

(332,521) (332,521)

(115) 2,003 1,888

(2,279) (2,279)

(122,445) (122,445)

(118,404) (118,404)

370,348

(410,590)

2,142,686

2,553,276

Cash and Cash Equivalents, End of Year

$ 2,513,034

2,142,686

Represented on the Financial Statements as: Cash and cash equivalents Bank indebtedness Cash and Cash Equivalents, End of Year

$ 2,513,034 $ 2,513,034

2,142,686 2,142,686

(0)

The accompanying notes and schedules are an integral part of these financial statements

FINANCIAL REPORTS

Statement 4

North West College Statement of Cash Flows for the year ended June 30, 2018

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018 1. PURPOSE AND AUTHORITY North West College offers educational services and programs under the authority of Section 14 of The Regional Colleges Act. The mission of North West College is to provide adult learning opportunities and to promote life-long learning as a means of enhancing the cultural, economic and social life of the individuals and communities it serves. The Board of the North West College is responsible for administering and managing the educational affairs of the College in accordance with the intent of the Regional Colleges Act and its regulations. 2.

SIGNIFICANT ACCOUNTING POLICIES As a government not-for-profit organization, the College prepared these financial statements in accordance with Canadian public sector accounting standards (PSA standards). (a) Measurement Uncertainty and the Use of Estimates The preparation of financial statements in conformity with PSA standards requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the year. Uncertainty in the determination of the amount at which an item is recognized or disclosed in financial statements is known as measurement uncertainty. Such uncertainty exists when there is a variance between the recognized or disclosed amount and another reasonably possible amount. Measurement uncertainty that may be material to these financial statements exists for: • •

the liability for employee future benefits of $ 231,100 (June 30, 2017 $216,800) because actual experience may differ significantly from actuarial or historical estimations and assumptions; useful lives of tangible capital assets and related amortization.

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

2. SIGNIFICANT ACCOUNTING POLICIES (continued) (a) Measurement Uncertainty and the Use of Estimates (continued) These estimates and assumptions are reviewed periodically and, as adjustments become necessary, they are reported in earnings in the periods in which they become known. While best estimates are used for reporting items subject to measurement uncertainty, it is reasonably possible that changes in future conditions, occurring within one fiscal year, could require material changes in the amounts recognized or disclosed. (b) Financial Instruments Financial instruments create rights and obligations to receive or deliver economic benefits. Financial instruments include cash and cash equivalents, accounts receivable, portfolio investments, accrued salaries and benefits, accounts payable and accrued liabilities and long term debt. Financial instruments are assigned to one of two measurement categories: fair value, or cost or amortized cost. i.

Fair Value Fair value measurement applies to portfolio investments in equity instruments that are quoted in an active market. Unrealized changes in fair value are recognized in the statement of remeasurement gains and losses until they are realized, at which time they are transferred to the statement of operations. There is no statement of remeasurement gains and losses included since there were no unrealized changes in fair value. Fair value is determined by: Level 1 quoted prices (unadjusted) in active markets for identical assets or liabilities Level 2 inputs other than quoted prices that are observable for the asset or liability either directly, (i.e. as prices) or indirectly (i.e. derived from prices); and Level 3 inputs for the asset or liability that are not based on observable market data (unobservable inputs) When a decline in fair value is determined to be other than temporary, the amount of the loss is removed from any accumulated remeasurement gains and reported in the statement of operations.

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018 2.

SIGNIFICANT ACCOUNTING POLICIES (continued) (b) Financial Instruments (continued) ii.

Cost or Amortized Cost All other financial assets and financial liabilities are measured at cost or amortized cost. Transaction costs are a component of cost for financial instruments measured using cost or amortized cost. For financial instruments measured using amortized cost, the effective interest rate method is used to determine interest revenue or expense. Impairment losses such as write-downs or write-offs are reported in the statement of operations.

(c) Foreign currency translation Foreign currency transactions are translated at the exchange rate prevailing at the date of the transaction. Monetary assets and liabilities, and non-monetary items included in the fair value measurement category denominated in foreign currencies, are translated into Canadian dollars at the exchange rate prevailing at the financial statement date. Unrealized foreign exchange gains and losses are recognized in the statement of remeasurement gains and losses until they are realized, at which time they are transferred to the statement of operations. (d) Financial Assets Financial assets are assets that could be used to discharge existing liabilities or finance future operations and are not for consumption in the normal course of operations. Valuation allowances are used where considered necessary to reduce the amounts reported for financial assets to their net realizable value. Cash and Cash Equivalents consist of cash, bank deposits and highly liquid investments with initial maturity terms of three months or less and are held for the purpose of meeting short-term operating cash commitments rather than for investing purposes. Accounts Receivable is shown net of allowance for doubtful accounts to reflect the expected net recoverable value. Valuation allowances are recorded where recovery is considered uncertain. Changes in valuation allowances are recorded in the statement of operations.

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

2. SIGNIFICANT ACCOUNTING POLICIES (continued) (d) Financial Assets (continued) Inventories for Resale consist of books and promotional items which are held for sale in the ordinary course of operations and are valued at the lower of cost and net realizable value. Cost is determined by using the first in, first out method. Net realizable value is the estimated selling price in the ordinary course of business. Portfolio Investments consist of a scholarship guaranteed investment certificate with Sunlife and equity with Innovation Credit Union. Equity investments quoted in an active market are reported at fair value and any associated transaction costs are expensed upon initial recognition. Gains and losses on portfolio investments measured at fair value are recorded in accumulated surplus as remeasurement gains and losses until realized. Upon disposition of the investments, the cumulative re-measurement gains and losses are reclassified to the statement of operations. All other portfolio investments are reported at cost or amortized cost, which includes the associated transaction cost upon initial recognition, less any write-downs for a loss in value that is other than a temporary decline. Gains and losses on financial instruments measured at cost or amortized cost are recognized in the statement of operations in the period the gain or loss occurs. (e) Liabilities Liabilities are present obligations arising from transactions and events occurring prior to year-end, which will be satisfied in the future through the use of assets or another form of economic settlement. Accrued Salaries and Benefits represents salaries and benefits owing to or on behalf of work performed by employees, but not yet paid, at the end of the fiscal period. Amounts are payable within one year. Accounts Payable and Accrued Liabilities include accounts payable and accrued liabilities owing to third parties for goods supplied and services rendered, but not yet paid, at the end of the fiscal period. Amounts are payable within one year.

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018 2. SIGNIFICANT ACCOUNTING POLICIES (continued) (e) Liabilities (continued) Deferred revenue from government transfers represents restricted grants with stipulations that give rise to a liability for which the stipulations have not yet been fulfilled. The revenue is recognized as the stipulation liabilities are settled. Deferred revenue from non-government sources represents revenue related to fees or services received in advance of the fee being earned or the services being performed, and other contributions for which the contributor has placed restrictions on the use of the resources. Tuition and fee revenue is recognized as the course is delivered, revenue from contractual services is recognized as the services are delivered, and revenue from other contributions is recognized in the fiscal year in which the resources are used for the purpose specified. Liability for Employee Future Benefits represents accumulating non-vesting sick leave benefits that accrue to the College's employees. The cost of these benefits is recorded as the benefits are earned by employees. The liability relating to these benefits is actuarially determined using the projected benefit method pro-rated on service and managementâ€™s best estimate of expected sick leave usage, discount rate, inflation, salary escalation, termination and retirement rates and mortality. Actuarial gains and losses are amortized on a straight line basis over the expected average remaining service life of the related employee groups. Actuarial valuations are performed periodically. Extrapolations of these valuations are made when a valuation is not done in the current fiscal year. Long-Term Debt is comprised of capital loans and other long-term debt with initial maturities of more than one year. (f) Non-Financial Assets Non-financial assets are assets held for consumption in the provision of services. These assets do not normally provide resources to discharge the liabilities of the College unless they are sold. Tangible Capital Assets have useful lives extending beyond the accounting period, are used by the College to provide services to the public and are not intended for sale in the ordinary course of operations. Tangible capital assets are recorded at cost and include all costs directly attributable to the acquisition, design, construction, development, installation and betterment of the tangible capital asset. The College does not capitalize interest incurred while a tangible capital asset is under construction. Contributed tangible capital assets are recorded at their fair value at the date of receipt. 11

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

2. SIGNIFICANT ACCOUNTING POLICIES (continued) (f) Non-Financial Assets (continued) The cost of depreciable tangible capital assets, net of any residual value, is amortized on a straight line basis over their estimated useful lives as follows: Buildings Furniture and equipment Computer hardware Computer software Vehicles System Development Land Improvements

20 to 50 years 3 to 10 years 3 years 5 years 5 years 10 years 5 years

Tangible capital assets are written down when conditions indicate that they no longer contribute to Collegeâ€™s ability to provide goods and services, or when the value of future economic benefits associated with the tangible capital assets are less than their net book value. Write-downs are accounted for as expenses in the statement of operations. Assets that have a historical or cultural significance, such as works of art and other cultural artifacts, are not recognized as tangible capital assets because a reasonable estimate of future benefits associated with these properties cannot be made. Prepaid Expenses are prepaid amounts for goods or services, insurance premiums, membership fees, Workersâ€™ Compensation premiums and software licenses which will provide economic benefits in one or more future periods. The prepaid amount is recognized as an expense in the year the goods or services are consumed.

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018 2. SIGNIFICANT ACCOUNTING POLICIES (continued) (g) Employee Pension Plans Employees of the College participate in the following pension plans: Multi-Employer Defined Benefit Plans The College’s employees participate in one of the following multi-employer defined benefit plans: i) Teachers and other employees holding a teaching certificate participate in either the retirement plan of the Saskatchewan Teachers’ Retirement Plan (STRP) or Saskatchewan Teachers’ Superannuation Plan (STSP). The College’s obligation for these plans is limited to collecting and remitting contributions of the employees at rates determined by the plans. ii) Other employees participate in the Municipal Employees’ Pension Plan (MEPP). In accordance with PSA standards, the plan is accounted for as a defined contribution plan whereby the College’s contributions are expensed when due. (h) Revenue Recognition Revenues are recorded on the accrual basis. Revenues are recognized in the period in which the transactions or events occurred that gave rise to the revenues, provided the amount to be received can be reasonably estimated and collection is reasonably assured. The College’s major sources of revenue include the following: i) Government Transfers (Grants) Grants from governments are considered to be government transfers. Government transfers are recognized as revenues when the transfer is authorized, all eligibility criteria have been met, the amount can be estimated and collection is reasonably assured except when, and to the extent that, stipulations by the transferor give rise to an obligation that meets the definition of a liability. Eligibility criteria are criteria that the College has to meet in order to receive the transfer. Stipulations describe how the College must use the transfer or the actions it must perform in order to keep the transfer. Government transfers with eligibility criteria but without stipulations are recognized as revenue when the transfer is authorized and all eligibility criteria have been met. 13

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

2. SIGNIFICANT ACCOUNTING POLICIES (continued) (h) Revenue Recognition (continued) i) Government Transfers (Grants) (continued) Government transfers with or without eligibility criteria but with stipulations are recognized as revenue in the period the transfer is authorized and all eligibility criteria have been met, except when and to the extent that the stipulations give rise to a liability. Restricted transfers are recognized as deferred revenue when transfer stipulations give rise to a liability. Stipulations by the transferor may require that the funds only be used for providing specific services or the acquisition of tangible capital assets. For transfers with stipulations, revenue is recognized in the statement of operations as the stipulation liabilities are settled. ii) Fees and Services Revenues from tuition fees and other services are recognized in the year they are earned. Amounts that are restricted pursuant to legislation, regulation or agreements with external parties that may only be used in the conduct of certain programs or in the delivery of specific services and transactions are initially recorded as deferred revenue and subsequently recognized as revenue in the fiscal year the related expenses are incurred or services are performed. iii) Interest Income Interest is recognized on an accrual basis when it is earned. iv) Other (Non-Government Transfer) Contributions Unrestricted contributions are recognized as revenue in the year received or in the year the funds are committed to the College if the amount can be reasonably estimated and collection is reasonably assured. Externally restricted contributions are contributions for which the contributor has placed restrictions on the use of the resources. Externally restricted contributions that are to be held in perpetuity are recognized as revenue in the year in which they are received or committed if the amount can be reasonably estimated and collection is reasonably assured. Externally restricted contributions that are not held in perpetuity are deferred until the resources are used for the purpose specified, at which time the contributions are recognized as revenue. Inkind contributions are recorded at their fair value when they are received.

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018 2.

SIGNIFICANT ACCOUNTING POLICIES (continued) (i) Expenses Expenses are reported on an accrual basis. The cost of all goods consumed and services received during the year are expensed. (j) Contingent liabilities Contingent liabilities are potential liabilities which may become actual liabilities when one or more future events occur or fail to occur. To the extent that the future event is likely to occur or fail to occur, and a reasonable estimate of the loss can be made, an estimated liability is accrued and an expense recorded. If the likelihood is not determinable or an amount cannot be reasonably estimated, the contingency is disclosed in the notes to the financial statements. (k) Adoption of new accounting policy On July 1, 2017, the College adopted the following new standards: i) PS 2200 Related Party Disclosures, a new standard defining related parties and establishing guidance on disclosure requirements for related party transactions; ii) PS 3210 Assets, a new standard providing guidance for applying the definition of assets and establishing disclosure requirements for assets; iii) PS 3320 Contingent Assets, a new standard defining and establishing guidance on disclosure requirements for contingent assets; iv) PS 3380 Contractual Rights, a new standard defining and establishing guidance on disclosure requirements for contractual rights; and, v) PS 3420 Inter-Entity Transactions, a new standard establishing guidance on accounting for and reporting on transactions between organizations in the government reporting entity. The adoption of the new standards has been on a prospective basis, without restatement of prior period comparative amounts. The accounting changes did not have a significant impact on the current year financial statements. (l) New accounting standard not yet in effect PS 3430 Restructuring Transactions, which is a new standard on how to account for and report restructuring transactions by transferors and recipients of assets and/or liabilities, has not been applied in preparing these financial statements. It will become effective July 1, 2018.

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

3. CASH AND CASH EQUIVALENTS Due to the short-term nature of the investments, market value of cash and cash equivalents approximates cost. June 30 2018

Cash and bank deposits Cash and cash equivalents

$ $

June 30 2017

2,513,034 $ 2,513,034

2,142,686 2,142,686

4. ACCOUNTS RECEIVABLE All accounts receivable presented on the statement of financial position are net of any valuation allowances for doubtful accounts. June 30 2018

Provincial government: Advanced education/economy Other Federal government Other receivables

Less: Allowance for doubtful accounts Accounts receivable, net of allowances

June 30 2017

13,240 $

28,439

97,134

158,288

292,115

199,967

411,514

(72,868) $

22,265

127,099

(84,847) $

326,667

5. INVENTORIES FOR RESALE June 30 2018

Bookstore Inventory Inventories for resale

$ $

June 30 2017

131,727 $ 131,727

42,871 42,871

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018 6. PORTFOLIO INVESTMENTS

Portfolio investments in the cost and amortized cost category:

GICs Term deposits Other - Equity account Total portfolio investments

June 30 2017

Cost

46,384 $

46,269

10,000

12,003

56,384

58,272

7. ACCRUED SALARIES AND BENEFITS June 30 2018

Accrued salaries Accrued salaries and benefits

June 30 2017

200,489 $

200,489

224,443 224,443

8. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES June 30 2018

Other Accounts payable and accrued liabilities

$ $

June 30 2017

318,813 $ 318,813

209,989 209,989

9. DEFERRED REVENUE June 30 2017

Tuitions and fees Rents Deferred revenue

Revenue Addition recognized in during the year the year

95,796 $

40,128 $

1,900 $

97,696

1,125 $

41,253

June 30 2018

95,796 $ 1,900

97,696

40,128 1,125

41,253

10. LIABILITY FOR EMPLOYEE FUTURE BENEFITS The College provides certain post-employment, compensated absence and termination benefits to its employees. These benefits include non-vested sick leave. Significant assumptions are listed below. The liability associated with these benefits is calculated as the present value of expected future payments pro-rated for service and is recorded as Liability for Employee Future Benefits in the statement of financial position.

June 30 2018

NORTH WEST COLLEGE â€¢ 2017-2018 ANNUAL REPORT

10. LIABILITY FOR EMPLOYEE FUTURE BENEFITS (continued) Details of the employee future benefits are as follows:

Actuarial valuation date Long-term assumptions used: Salary escalation rate (percentage) Discount rate (percentage) Expected average remaining service life (years)

Liability for Employee Future Benefits Accrued Benefit Obligation - beginning of year Valuation effect Current period benefit cost Interest cost Benefit payments Actuarial gains / losses Plan amendments Accrued Benefit Obligation - end of year Unamortized Net Actuarial Gains / Losses Liability for Employee Future Benefits

June 30 2018

June 30 2017

June 30, 2018

June 30, 2017

1.50%

1.90%

11.2

June 30 2018

June 30 2017

248,200 $

238,600

44,400

43,600

4,800

4,600

(38,300)

(38,600)

259,100

248,200

(28,000) $

231,100

(31,400) $

June 30 2018

Employee Future Benefits Expense Current period benefit cost Amortization of net actuarial gain / loss Plan amendments Benefit Cost Interest cost on unfunded employee future benefits obligation

Total Employee Future Benefits Expense

1.90%

11.2

216,800 June 30 2017

44,400

43,600

3,400

47,800

47,000

4,800 $

52,600

4,600 $

51,600

11. LONG-TERM DEBT Details of Long-Term Debt: Capital Loans Royal Bank Loan Total Long Term Debt

June 30 2018 $ $

June 30 2017

136,836 $ 136,836

259,281 259,281

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018 11. LONG-TERM DEBT (continued) Principal repayments over the next 5 years are estimated as follows: Capital Loans

2019 2020 Thereafter Total

Capital Leases

126,623 $

Total $

10,213

136,836 $

126,623 10,213 -

136,836

Principal and interest payments on the long-term debt are as follows: Capital Loans

Principal Interest Total

$ $

Capital Leases

Other LT Debt

122,444 $

6,846

129,290

2018 $

2017

122,444

118,404

129,290

6,846

10,886

129,290

The Royal Bank loan is secured by a resolution to borrow with a copy of the authorization letter from the Ministry of Advanced Education. Monthly payments are $10,774 with interest at 3.36%. Loan terms were negotiated in October 2013, reducing the interest rate from 5.31%. The loan will be fully paid in July of 2019. 12. TANGIBLE CAPITAL ASSETS Land Improvements

Buildings

Tangible Capital Assets - at Cost: Opening Balance at Start of Year $ 76,098 $ 15,535,851 38,787 67,101 Additions/Purchases Disposals Write-Downs Transfers to (from) Closing Balance at End of Year 114,885 15,602,952 Tangible Capital Assets - Amortization: Opening Balance at Start of Year 49,427 7,602,117 Amortization of the Period 16,753 724,505 Disposals Write-Downs Closing Balance at End of Year 66,180 8,326,622 Net Book Value: Opening Balance at Start of Year 26,671 7,933,733 Closing Balance at End of Year 48,705 7,276,330 Change in Net Book Value $ 22,034 $ (657,403)

Furniture and Equipment

Computer Hardware

Computer Work in Software Vehicles Progress

2018

2017

$ 1,333,086 $ 1,558,378 $ 434,914 $ 190,981 $ 333,124 $ 19,462,432

$ 19,129,911

123,902

332,521

1,643

2,398

13,973

333,124

1,560,776

434,914

204,954

1,086,756

1,476,906

317,867

143,503

10,676,576

9,663,854

71,424

43,356

28,981

17,264

902,283

1,012,722

1,158,180

1,520,262

346,848

160,767

246,331

81,472

117,047

47,478

333,124

176,549

40,514

88,066

44,187

333,124

$ (69,782) $ (40,958) $ (28,981) $ (3,291) $

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

19,586,334

1,334,729

Other LT Debt

11,578,859

19,462,432

10,676,576

8,785,856

9,466,057

8,007,475

8,785,856

(778,381) $

(680,201)

13. PREPAID EXPENSES June 30 2018

Other Residence Prepaid Prepaid expenses

June 30 2017

48,183 $ 9,912

58,095

49,738 8,609

58,347

14. EMPLOYEE PENSION PLANS Multi-Employer Defined Benefit Plans Information on the multi-employer pension plans to which the College contributes is as follows: i) Saskatchewan Teachers’ Retirement Plan (STRP) or Saskatchewan Teachers’ Superannuation Plan (STSP): The STRP and STSP provide retirement benefits based on length of service and pensionable earnings. The STRP and STSP are funded by contributions by the participating employee members and the Government of Saskatchewan. The College’s obligation to the STRP and STSP is limited to collecting and remitting contributions of the employees at rates determined by the plans. Accordingly, these financial statements do not include any expense for employer contributions to these plans. Net pension assets or liabilities for these plans are not reflected in these financial statements as ultimate responsibility for retirement benefits rests with the Saskatchewan Teachers’ Federation for the STRP and with the Government of Saskatchewan for the STSP. Details of the contributions to these plans for the College’s employees are as follows: 2018

Number of active College members Member contribution rate (percentage of salary) Member contributions for the year

2017

STRP

STSP

TOTAL

12.44%

7.41%

$ 128,682 $

11,123 $ 139,805 $ 149,588

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018 14. EMPLOYEE PENSION PLANS (continued) Multi-Employer Defined Benefit Plans (continued) ii) Municipal Employees’ Pension Plan (MEPP) The MEPP provides retirement benefits based on length of service and pensionable earnings. The MEPP is funded by employer and employee contributions at rates set by the Municipal Employees’ Pension Commission. Every three years, an actuarial valuation is performed to assess the financial position of the plan and the adequacy of plan funding. Any actuarially determined deficiency is the responsibility of the participating employers and employees which could affect future contribution rates and/or benefits. The contributions to the MEPP by the participating employers are not segregated in separate accounts or restricted to provide benefits to the employees of a particular employer. As a result, individual employers are not able to identify their share of the underlying assets and liabilities, and the net pension assets or liabilities for this plan are not recognized in these financial statements. In accordance with PSA standards, the plan is accounted for as a defined contribution plan whereby the College’s contributions are expensed when due. Details of the MEPP are as follows: 2018

Number of active College members Member contribution rate (percentage of salary) College contribution rate (percentage of salary) Member contributions for the year College contributions for the year Actuarial valuation December 31, 2016 Plan Assets ('000's) Plan Liabilities ('000's) Plan Surplus (Deficit) ('000's)

105

8.15%

$385,915

$385,841

385,915

385,841

December 31, 2016

December 31, 2015

$2,135,357

$1,936,122

1,938,975

1,808,943

$196,382

$127,179

2017

111

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

15. EXPENSES BY FUNCTION AND ECONOMIC CLASSIFICATION Function General Skills Training Basic Education University Services Scholarships Development Sudent Housing TOTAL

Personnel Costs

Program Contracts

$ 2,954,115 $

Supplies and Amortization Debt Services of TCA Servicing

6,250 $ 1,595,551 $

2018 2018 2017 Actual Budget Actual 6,846 $ 5,465,045 $ 5,778,764 $ 5,877,560

902,283 $

1,901,770

731,565

434,110

3,067,445

3,223,743

3,127,573

2,232,718

112,187

377,905

2,722,810

2,612,223

2,671,202

116

311,285

47,898

359,299

368,136

368,227

882,542

3,000

424,938

1,310,480

1,467,332

1,536,798

132,847

70,000

94,624

323,623

299,967

319,464

902,283 $ 6,846

$13,381,549

$13,820,165

$13,995,448

123,074

$8,094,335

$1,164,287

200,549 $ 3,213,798 $

16. RISK MANAGEMENT The College is exposed to financial risks from its financial assets and liabilities. These risks include credit risk, liquidity risk and market risk (consisting of interest rate risk and foreign exchange risk). i) Credit Risk Credit risk is the risk to the College from potential non-payment of accounts receivable. The credit risk related to the College's receivables from the provincial government, federal government and their agencies is considered to be minimal. For other receivables, the College has adopted credit policies which include the regular review of the Collegeâ€™s overdue accounts. The College does not have significant exposure to any individual customer. Management reviews accounts receivable on a case by case basis to determine if a valuation allowance is necessary to reflect impairment in collectability. The aging of accounts receivable at June 30, 2018 and June 30, 2017 was: June 30, 2018 June 30, 2017 Allowance of Allowance Accounts Doubtful Accounts of Doubtful Receivable Accounts Receivable Accounts

Current 31-60 days 60-90 days Over 90 days Total Net

88,084 $

44,143

22,436

9,201

13,951

58,539 $

72,868

199,967 $ $

72,868 $ 127,099

257,953 $

117,174

84,847

411,514 $

84,847

326,667

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018 16. RISK MANAGEMENT (continued) ii) Liquidity Risk Liquidity risk is the risk that the College will not be able to meet its financial obligations as they come due. The College manages liquidity risk by maintaining adequate cash balances, budget practices and monitoring, forecasts. The following table sets out the contractual maturities of the College’s financial liabilities: Within 6 months

Accrued salaries and benefits $ 200,489 $ Accounts payable and accrued liabilities 318,813 Long-term debt 62,785 Liability for employee future benefits 26,300 Deferred revenue 41,253 Total $ 649,640 $

> 5 years $

63,847

10,204

26,300

178,500

90,147 $

188,704 $

iii) Market Risk The College is exposed to market risks with respect to interest rates and foreign currency exchange rates as follows: Interest Rate Risk: Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The College’s interest rate exposure relates to cash and cash equivalents, portfolio investments, bank indebtedness and long-term debt. The College also has an authorized bank line of credit of $250,000 with interest payable monthly at a rate of prime less .25%. Changes in the bank's prime rate can cause fluctuation in interest payments and cash flows. There was no balance outstanding on this credit facility as of June 30, 2018. The College minimizes these risks by: • holding cash in an account at a Canadian bank, denominated in Canadian currency • investing in GICs and term deposits for short terms at fixed interest rates • managing cash flows to minimize utilization of its bank line of credit • managing its interest rate risk on long-term debt through the exclusive use of fixed rate terms for its long-term debt

June 30, 2018 6 months to 1 year 1 to 5 years

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

16. RISK MANAGEMENT (continued) iii) Market Risk (continued) Foreign Currency Risk: Foreign currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates. The College is exposed to currency risk on purchases denominated in U.S. dollars for which the related accounts payable balances are subject to exchange rate fluctuations; however, this risk is minimal as the College does not make a significant amount of purchases denominated on a foreign currency. 17. BUDGET FIGURES Budget figures included in the financial statements were approved by the Board on May 15, 2018 and the Minister of Advanced Education on July 11, 2018. 18. RELATED PARTIES These financial statements include transactions with related parties. The College is related to its board and key management personnel, close family members, and organizations who share these individuals, along with all Government of Saskatchewan ministries, agencies, boards, school divisions, health authorities, colleges and crown corporations under the common control of the Government of Saskatchewan. The College is also related to non-Crown enterprises that are subject to shared control of the Government of Saskatchewan. Transactions with these related parties are in the normal course of operations. Amounts due to or from and the recorded amounts of transactions resulting from these transactions are included in the financial statements and the tables below. June 30 2018 Revenues: Ministry of Advanced Education / Economy Living Sky School Division No. 202

9,116,027 $ 294,903

9,410,930 $

June 30 2018 Expenses: Saskatchewan Polytechnic Saskatchewan Government Services

897,042 $ 612,291

1,509,333 $

June 30 2017 9,178,982 461,957 9,640,939

June 30 2017 846,424

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018

619,738 1,466,162

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018 18. RELATED PARTIES (continued) In addition, the College pays Provincial Sales Tax to the Saskatchewan Ministry of Finance on all its taxable purchases and customer sales on items that are deemed taxable. Taxes paid are recorded as part of the cost of those purchases. Other transactions with related parties and amounts due to/from them are described separately in the financial statements or notes thereto. A portion of the revenue from the Government of Saskatchewan includes funding to service the principal and interest on the Collegeâ€™s loan. 19. ACCUMULATED SURPLUS Accumulated surplus represents the financial assets and non-financial assets of the College less liabilities. This represents the accumulated balance of net surplus arising from the operations of the College and accumulated net remeasurement gains and losses. Certain amounts of the accumulated operating surplus, as approved by the Board, have been designated for specific future purposes as described in a schedule of restricted net assets (see below). These internally restricted amounts are included in the accumulated surplus presented in the statement of financial position. Accumulated surplus from operations also includes externally restricted contributions for which the contributor has placed restrictions that the resources be held in perpetuity. The College does maintain separate bank accounts for the internally restricted amounts and externally restricted resources to be held in perpetuity.

NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT

19. ACCUMULATED SURPLUS (continued) Details of accumulated surplus are as follows: June 30 2017

Invested in Tangible Capital Assets: Net Book Value of Tangible Capital Assets Less: Debt owing on Tangible Capital Assets

8,785,856

Addition during the year $ 123,902

259,281 8,526,575

123,902

Reductions during the year $

902,283

June 30 2018 $ 8,007,475

122,445

136,836

779,838

7,870,639

External Contributions to be Held in Perpetuity

48,272

1,888

46,384

Internally Resricted Operating Surplus: Capital projects: Designated for tangible capital asset expenditures

825,023

233,921

140,968

917,976

825,023

233,921

140,968

917,976

366,650

196,100

36,764

525,986

222,581

15,517

238,098

142,451

39,604

102,847

76,368

866,931

11,545

263,393

$ 1,010,607

$ 9,965,323

Other: Operating Reserve Residence Reserve Scholarship Reserve

731,682

Unrestricted Operating Surplus

274,938

Total Accumulated Surplus from Operations

$ 10,406,490

Accumulated remeasurement gains and losses Total Accumulated Surplus

$ 10,406,490

211,617 $ 569,440 $ 569,440

$ 1,010,607

$ 9,965,323

The purpose and nature of each Internally Restricted Surplus amount is as follows: Externally restricted The Basic Education Endowment reserve is subject to the restrictions of the agreement requiring that the principal be invested in perpetuity and that only the resulting income may be utilized for scholarship purposes. Internally restricted The Residence Reserve is a reserve to address future maintenance and improvement needs of the Student Residence in the Meadow Lake Campus. The Scholarship Reserve is a reserve created for the purpose of student scholarships, which are awarded on a yearly basis or as per the requirements of the scholarship.

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018 19. ACCUMULATED SURPLUS (continued) Internally restricted (continued) The Operating Reserve consists of reserves intended to satisfy College operations where there is a specific purpose. These consist of: •

Management Information Systems Reserve relates to all systems that support management function. Forecast costs include upgrades to the management information system and improvements with employee electronic time tracking and budgeting.

•

Professional Development Reserve was introduced to reflect the College’s commitment to staff development. The reserve will be maintained in accordance with College planning and policy.

•

Strategic Initiatives & Organizational Development Reserve was introduced in the 2016/17 program year. These initiatives directly align with the initiatives that would ensure the organization meets its strategic priorities. This fund will also ensure the organization meets the unique needs of the post-secondary sector.

•

Program Reserve was setup in the 17-18 program year to reflect funding received along with College investment for the purpose of programming during the 18-19 year. Full utilization of the fund is expected during the 18-19 fiscal year.

•

Facilities Reserve is an ongoing reserve established to provide the College flexibility to address emergent facility requirements, to undertake planning activities, and to contribute to projects where necessary.

•

Furniture and Equipment Replacement Reserve is an ongoing reserve to fund the replacement of furniture and equipment.

•

Vehicle Replacement Reserve is an ongoing reserve established to fund the replacement costs of the fleet of vehicles used by the College. The reserve will be maintained in accordance with College strategy.

•

Information Technology Reserve is an ongoing reserve to support the replacement and expansion of information technology equipment in the College. Annual requirements in excess of planned operating expenditures and planned capital purchases are funded from this reserve.

NORTH WEST COLLEGE • 2017-2018 ANNUAL REPORT

19. ACCUMULATED SURPLUS (continued) Internally restricted (continued) •

Maintenance and Improvements Reserve is continued to address the College’s commitment to assuring the long-term viability of student housing. Appropriations will be made annually and the reserve will be maintained in accordance with College planning and commitments.

•

Front Renovation of the Battlefords Campus is an initiative that has been established to reflect the need of a welcoming facility and cultural space for our students.

•

Campus Development Reserve is introduced in 2015/16 to address campus facility opportunities and space needs.

20. CONTINGENT LIABILITIES A union representing employees of an employer unrelated to the College has applied by Notice of Motion for an order quashing purported decisions of the Municipal Employees Pension Plan, relating to the application of actuarial surplus in the fund, as well as other relief. Several participating employers, including the College have been named. It is not possible to estimate the potential effect of the claim at this stage of the proceedings. The Saskatchewan Housing Corporation funding agreement for construction of the Meadow Lake student housing project contains stipulations that continue to be met. In the event of default principal would become due with interest at a rate of 5.19% per annum. The contingent liability matures May 2, 2021. 21. CONTRACTUAL RIGHTS Contractual rights are rights to economic resources arising from contracts or agreements that will result in both an asset and revenue in the future. The College has the following contractual rights: June 30, 2018 2019

Language Instruction for Newcomers to Canada (LINC) - Program Delivery Total Contractual Rights

$ $

2020

270,000 $ 270,000

Total

270,000 $ 270,000

FINANCIAL REPORTS

North West College Notes to the Financial Statements for the year ended June 30, 2018

540,000 540,000

62 NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT Surplus (Deficit) for the year

Expenses (Schedule 3) Agency contracts Amortization Equipment Facilities Information technology Operating Personal services Total Expenses

Revenues (Schedule 2) Provincial government Federal government Other Total Revenues

274,788

6,250 902,283 127,533 774,978 49,677 650,209 2,954,115 5,465,045

5,490,228 249,605 5,739,833

General

27,566

721,483 88,188 80,352 935 263,855 1,899,306 3,054,119

$ 1,445,272 1,636,413 3,081,685

Credit

(2,512)

10,082 780 2,464 13,326

10,814 10,814

Non-credit

Skills Training

849,879

20,069 333 74,668 3,027 137,112 1,261,229 1,496,438

$ 1,769,000 577,317 2,346,317

Credit

92,118 30,180 2,735 129,850 971,489 1,226,372

371,527 242,375 78,615 692,517

$ (533,855)

2018 Actual

Non-credit

Basic Education

10,053 159,960 170,013

3,480 3,480

(780,173) $ (166,533)

3,000 878 414,007 722,582 1,140,467

40,000 320,294 360,294

Services Learner Support Counsel

311,285 5,235 11,540 31,123 116 359,299

273,059 273,059

$ (86,240)

Credit

University

North West College Schedule of Revenues and Expenses by Function for the year ended June 30, 2018

(39,604)

132,847 132,847

93,243 93,243

Scholarships

15,517

3,230 171,349 25,970 123,074 323,623

339,140 339,140

Student Housing

(441,167)

1,164,287 902,283 224,519 1,143,067 57,252 1,795,806 8,094,335 13,381,549

9,116,027 242,375 3,581,980 12,940,382

Actual

2018

(1,015,567)

1,231,249 1,035,000 187,060 1,012,955 99,199 1,925,303 8,329,402 13,820,168

8,965,115 270,000 3,569,486 12,804,601

Budget

2018

Schedule 1

FINANCIAL REPORTS

(843,329)

1,245,161 1,012,722 314,164 1,084,486 86,211 2,071,758 8,180,946 13,995,448

9,178,982 206,548 3,766,589 13,152,119

Actual

2017

5,739,833

249,605

14,645 54,739 10,492 13,173 156,556

5,490,228

4,298,500 974,728 217,000 5,490,228 5,490,228 -

1,636,413

60,732 1,499,427 76,254

1,445,272

1,445,272 1,445,272 1,445,272 -

$ 3,081,685

Credit

10,814

10,814 -

Non-credit

Skills Training

577,317

575,504 1,813 -

1,769,000

1,769,000 1,769,000 1,769,000 -

$ 2,346,317

78,615

78,615 -

242,375

242,375 242,375 -

371,527

128,000 128,000 128,000 243,527

$ 692,517

320,294

297,878 17,440 4,976

40,000

40,000 40,000 -

$ 360,294

3,480

3,075 405

2018 Revenues Actual Basic Education Services Learner Credit Non-credit Support Counsel

273,059

273,059 -

$ 273,059

Credit

University

93,243

2,462 90,781 -

Scholarships

339,140

324,097 15,043

Student Housing

729,496 57,201 334,589 297,878 1,818,801 90,781 253,234

242,375 242,375

242,375 242,375 -

9,116,027 9,116,027

4,298,500 4,317,000 217,000 8,832,500 40,000 8,872,500 243,527

3,581,980 3,581,980 $ 12,940,382

2018 Total Revenues Actual

3,569,486

1,054,916 32,000 318,209 300,000 1,618,661 40,000 205,700

270,000

270,000 -

270,000

8,965,115

4,428,500 4,331,815 87,000 8,847,315 73,000 8,920,315 44,800

$ 12,804,601

2018 Total Revenues Budget

Schedule 2

FINANCIAL REPORTS

Total Revenues

Total Other

Other Revenue Admin recovery Contracts Interest Rents Resale items Tuitions Donations Other

Total Federal

Other Federal

Federal Government Operating grants Program grants Capital grants

Total Provincial

Other provincial

Contracts Other

Provincial Government Advanced Education/ Economy Operating grants Program grants Capital grants

General

North West College Schedule of Revenues by Function for the year ended June 30, 2018

13,152,119

3,766,589

1,121,208 36,583 321,299 320,227 1,659,558 66,602 241,112

206,548

206,548 206,548 -

9,178,982

4,427,979 4,502,517 8,930,496 40,000 8,970,496 208,486

2017 Total Revenues Actual

64 NORTH WEST COLLEGE â€˘ 2017-2018 ANNUAL REPORT Total Expenses

Personal Services Employee benefits Honoraria Salaries Other

Operating Advertising Association fees & dues Bad debts Financial services In-service (includes PD) Insurance Materials & supplies Postage, freight & courier Printing & copying Professional services Resale items Subscriptions Telephone & fax Travel Other

Information Technology Computer services Data communications Equipment (non-capital) Materials & supplies Rental Repairs & maintenance buildings Software (non-capital)

Facilities Building supplies Grounds Janitorial Rental Repairs & maintenance buildings Utilities

Equipment Equipment (non-capital) Rental Repairs and maintenance

Amortization

Agency Contracts Contracts Instructors

34,647 102 848 172,627 5,432 26,895 1,187 20,835 1,282 263,855 239,424 1,658,468 1,414 1,899,306

184,051 18,271 (8,764) 23,164 30,926 43,570 35,446 11,998 889 102,803 5,018 50,480 50,580 101,777 650,209 450,921 23,238 2,476,130 3,826 2,954,115

3,054,119

528 407 935

366 2,465 46,846 49,677

5,465,045

72,286 969 7,097 80,352

76 296,960 209,953 84,355 183,634 774,978

721,483 721,483

68,019 18,306 1,863 88,188

Credit

20,069

1,496,438

1,261,229

2,464 13,326

96,991 1,164,238

14,350 848 62,670 10,937 29,418 3,601 15,080 208 137,112

3,027 3,027

4,090 66,936 3,642 74,668

333 333

20,069

154

971,489

863,143

108,346

10,140 290 2,438 63,929 1,623 17,929 655 32,505 341 129,850

2,735 2,735

30,180 30,180

92,118 92,118

$ 1,226,372

608,127 190 722,582

114,265

35,198 1,200 24,794 2,107 307,834 41,821 1,053 414,007

878 878

3,000 3,000

$ 1,140,467

159,960

135,238

24,722

2,805 853 646 59 1,413 4,277 10,053

$ 170,013

2018 Expenses Actual Basic Education Services Learner Credit Non-credit Support Counsel

2,310

780 780

10,082 10,082

Non-credit

Skills Training

114,838 12,695 127,533

902,283

6,250 6,250

General (Schedule 4)

North West College Schedule of Expenses by Function for the year ended June 30, 2018

359,299

116

113

6,095 297 693 458 1,352 15,247 6,981 31,123

11,540 11,540

5,235 5,235

311,285

Credit

University

132,847

132,847 132,847

Scholarships

96,055 7,500 123,074

19,519

5,161 13,566 1,299 1,194 1,017 3,733 25,970

2,770 1,993 1,410 59,349 105,827 171,349

902 2,328 3,230

$ 323,623

Student Housing

1,164,287 1,164,287 1,164,287 902,283

189,327 18,306 16,886 224,519 224,519 2,770 2,069 302,460 390,895 144,673 300,200 1,143,067 1,143,067 366 9,633 47,253 57,252 57,252 288,066 19,516 (3,603) 23,164 34,564 58,832 360,409 32,849 76,888 102,803 307,834 6,431 58,469 181,362 248,222 1,795,806 1,795,806 1,054,345 23,238 7,003,822 12,930 8,094,335 8,094,335 $ 13,381,549

2018 Total Expenses Actual

1,117,244 27,960 7,171,598 12,600 8,329,402

380,951 37,913 13,020 124,582 48,693 298,767 23,803 98,354 112,863 272,727 7,117 61,944 225,313 219,256 1,925,303

38,235 5,090 55,874 99,199

2,400 49,547 400,185 281,581 279,242 1,012,955

159,853 500 26,707 187,060

1,035,000

1,216,249 15,000 1,231,249

$ 13,820,168

2018 Total Expenses Budget

Schedule 3

1,068,764 21,938 7,080,303 9,941 8,180,946

363,404 27,122 81,944 28,678 81,496 54,409 421,020 42,094 68,693 90,922 310,004 8,795 64,188 202,687 226,302 2,071,758

1,675 8,248 712 1,000 74,576 86,211

1,542 3,069 304,144 361,425 112,543 301,763 1,084,486

296,695 6,500 10,969 314,164

1,012,722

1,245,161 1,245,161

$ 13,995,448

2017 Total Expenses Actual

FINANCIAL REPORTS

100 Governance

Amortization Equipment Equipment (non-capital) Rental Repairs and maintenance Facilities Building supplies Grounds Janitorial Rental Repairs & maintenance buildings Utilities Information Technology Computer services Data communications Equipment (non-capital) Materials & supplies Rental Repairs & maintenance buildings Software (non-capital) Operating Advertising Association fees & dues Bad debts Financial services In-service (includes PD) Insurance Materials & supplies Postage, freight & courier Printing & copying Professional services Resale items Subscriptions Telephone & fax Travel Other

2018 Total General Actual

Information Technology

6,250 6,250

2018 Total General Budget

13,500 13,500

2017 Total General Actual

57,100 57,100

902,283

1,035,000

1,012,722

1,563 1,563

83 83

26,393 11,008 37,401

86,882 1,604 88,486

114,838 12,695 127,533

142,011 19,507 161,518

126,326 9,505 135,831

3,987 3,987

76 296,960 205,966 84,355 183,634 770,991

76 296,960 209,953 84,355 183,634 774,978

39,547 239,116 251,741 177,374 707,778

299,385 214,016 67,051 184,571 765,023

366 1,292 1,658

5,374 5,374

2,465 40,180 42,645

366 2,465 46,846 49,677

1,040 46,124 47,164

1,675 2,439 699 53,744 58,557

9,226 361 23,172 3,736 271 36,766

200 3,547 3,747

184,051 18,271 (8,764) 23,164 30,926 43,570 35,446 11,998 889 102,803 5,018 50,480 50,580 101,777 650,209

200,044 36,766 13,020 118,953 36,261 7,801 12,035 6,716 112,863 6,017 56,309 64,861 43,669 715,315

256,587 26,724 77,146 28,678 59,812 41,580 36,874 26,142 4,735 85,539 545 5,602 51,606 74,909 110,704 887,183

35,493 162,446

21,303 135,301

197,939

156,604

465,984 27,960 2,600,946 3,600 3,098,490

456,530 21,938 2,480,348 2,328 2,961,144

182,163 11,752 (8,764) 23,164 22,364 34,344 35,032 11,998 889 55,767 5,018 50,480 20,944 100,425 545,576

665 23,238

393,460 2,178,383 3,826 2,575,669

23,903 $

6,250 6,250

135

1,888 6,519 8,362 53 23,864 22,353 1,081 64,120

Personal Services Employee benefits Honoraria Salaries Other

Total General Expenses

160 2018 General Actual Operating Facilities and and Administration Equipment

89,586

4,035,506

1,048,471

450,921 23,238 2,476,130 3,826 2,954,115

291,482

5,465,045

5,778,765

FINANCIAL REPORTS

op and admin 110 115 120 125 130 140 150 170 300 400 600

Agency Contracts Contracts Instructors

Schedule 4

North West College Schedule of General Expenses by Functional Area for the year ended June 30, 2018

5,877,560

65 32

SHAYE AND RAELYNN, ADULT BASIC EDUCATION

BACK: RYLA, MELISA, FRONT: LANA & ANDREA - ABE MEADOW LAKE

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MEADOW LAKE CAMPUS

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