Metepenagiag Mi'kmaq Nation

Financial data for Metepenagiag Mi'kmaq Nation for fiscal year 2018-19. 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 2018-19

Visual breakdown of Metepenagiag Mi'kmaq Nation's revenue sources and how funds were spent during fiscal year 2018-19.

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Financial Summary FY 2018-19

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.15M deficit
Balance for FY 2018-19
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$25.40M
Total revenue in FY 2018-19
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$26.55M
Total expenses in FY 2018-19

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2018-19.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$1.90M
As of fiscal year end 2018-19
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$19.54M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$37.52M
As of fiscal year end 2018-19
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$18.11M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2018-19.

PositionNameMonthsSalaryHonorariaTravelRent & OtherTotal
ChiefBilly Joe Ward12$61,301$15,000$501$0-
CouncilorLaurie Augustine12$52,000$15,000$2,582$0-
CouncilorLarry Ward12$52,000$15,000$952$11,280-
CouncilorKevin Levi12$52,000$15,000$2,096$0-
CouncilorDiana Webb12$52,000$15,000$3,844$0-
CouncilorAdam Augustine9$36,000$11,250$2,845$0-
CouncilorRoman Ward9$36,000$11,250$4,799$0-
CouncilorJames Peter-Paul3$16,000$3,750$200$0-
Total$357,301$101,250$17,819$11,280$0

This schedule is unaudited. Prepared by: teed saunders doyle

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.