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Bear River

Financial data for Bear River for fiscal year 2024-25. Bear River is a First Nation in Nova Scotia with a registered population of 395 and an on-reserve population of 121. 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 Bear River'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.
$159K deficit
Balance for FY 2024-25
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$10.29M
Total revenue in FY 2024-25
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$10.45M
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.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$8.62M
As of fiscal year end 2024-25
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$3.32M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$10.79M
As of fiscal year end 2024-25
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$7.73M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsHonorariaTravel and otherWagesTotal
ChiefCarol Dee Potter12$79,846$8,800$10,301$98,947
CouncillorCarol Ann Potter12$36,400$8,800$103,463$148,663
CouncillorFred Harlow12$36,492$7,400$39,139$83,031
CouncillorRobert McEwan12$33,764$8,350$20,550$62,664
Total$186,502$33,350$173,453$393,305

This schedule is unaudited. Prepared by: Doane Grant Thornton LLP

View Other Fiscal Years

FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014

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.

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