Metepenagiag Mi'kmaq Nation

Financial data for Metepenagiag Mi'kmaq Nation for fiscal year 2014-15. Metepenagiag Mi'kmaq Nation is a First Nation in New Brunswick with a registered population of 719 and an on-reserve population of 455. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2014-15

Visual breakdown of Metepenagiag Mi'kmaq Nation's revenue sources and how funds were spent during fiscal year 2014-15.

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Financial Summary FY 2014-15

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$8.63M deficit
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$9.66M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$18.30M
Total expenses in FY 2014-15

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2014-15.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$801K
As of fiscal year end 2014-15
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$8.48M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$25.08M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$16.73M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2014-15.

PositionNameMonthsSalaryHonorariaTravelOtherTotal
ChiefFreeman Ward12$61,301$15,000$3,660$0-
CouncillorNorman Ward3$14,771$3,750$887$0-
CouncillorPatricia Ward12$48,005$15,000$4,446$0-
CouncillorLaurie Watton12$48,005$15,000$4,219$0-
CouncillorAlan Blowers12$48,005$15,000$3,537$21,840-
CouncillorTracy Austin Cloud12$48,005$15,000$3,538$17,550-
CouncillorTracy Anne Cloud12$48,005$15,000$9,587$0-
CouncillorBilly Joe Ward9$33,603$11,250$5,424$0-
Total$349,700$105,000$35,298$39,390$0

This schedule has been audited. Prepared by: TEED SAUNDERS DOYLE & CO.

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.