Indian Island

Financial data for Indian Island for fiscal year 2024-25. Indian Island is a First Nation in New Brunswick with a registered population of 218 and an on-reserve population of 115. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2024-25

Visual breakdown of Indian Island's revenue sources and how funds were spent during fiscal year 2024-25.

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Financial Summary FY 2024-25

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$2.38M surplus
Balance for FY 2024-25
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$13.84M
Total revenue in FY 2024-25
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$11.46M
Total expenses in FY 2024-25

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2024-25.

Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$1.15M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$18.58M
As of fiscal year end 2024-25
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$19.07M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2024-25.

PositionNameMonthsRemunerationExpensesTotal
Chief/Band ManagerKenneth Barlow12$108,836$0$108,836
Councillor/Social & EducationIngrid Peters8$57,053$0$57,053
Councillor/HousingCatherine Richard12$74,112$0$74,112
CouncillorJenna Fagan4$25,752$1,639$27,391
Total$265,753$1,639$267,392

This schedule has been audited. Prepared by: Nadeau Picard & Associés, CPA

Sources

Financial data is sourced from annual reports published under the First Nations Financial Transparency Act (FNFTA). Data is extracted using automated processes and may contain errors. If you notice any issues, please contact us.