SIPEKNE'KATIK

Financial data for SIPEKNE'KATIK for fiscal year 2014-15. SIPEKNE'KATIK is a First Nation in Nova Scotia with a registered population of 3,091 and an on-reserve population of 1,457. 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 SIPEKNE'KATIK'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.
$6.75M surplus
Balance for FY 2014-15
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$32.48M
Total revenue in FY 2014-15
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$25.73M
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.
$1.19M
As of fiscal year end 2014-15
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$9.25M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$18.43M
As of fiscal year end 2014-15
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$9.18M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsSalaryHonorariaOtherTotalTravel Expenses
ChiefRufus Copage12$61,793$0$0$61,793$1,470
CouncillorJerry Francis Sack12$38,520$0$0$38,520$302
CouncillorRonnie William Joseph Augustine7$22,964$0$0$22,964$368
CouncillorMary Ellen Sylliboy5$15,556$0$0$15,556$0
CouncillorThomas Jefferson Howe12$38,520$0$1,096$39,616$1,540
CouncillorColleen Mary Rebecca Jane Knockwood12$38,520$0$0$38,520$0
CouncillorAlexander McDonald12$38,520$0$0$38,520$0
CouncillorJim Nevin7$22,964$0$0$22,964$302
CouncillorTimothy Nevin5$15,556$0$0$15,556$2,021
CouncillorKeith J. Julian12$38,520$0$0$38,520$368
CouncillorDoreen Knockwood12$38,520$0$0$38,520$0
CouncillorMichelle Glasgow12$38,520$0$0$38,520$368
CouncillorThomas Maloney7$22,964$0$0$22,964$368
CouncillorGlen.P. Knockwood5$15,556$0$0$15,556$0
CouncillorEarl Sack12$38,520$0$1,620$40,140$872
CouncillorMichael P. Sack7$22,964$0$0$22,964$0
CouncillorCheryl Maloney5$15,556$0$0$15,556$0
Total$524,033$0$2,716$526,749$7,979

This schedule is unaudited. Prepared by: Andrew D. Lenehan, CA

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.