Membertou

Financial data for Membertou for fiscal year 2022-23. Membertou is a First Nation in Nova Scotia with a registered population of 1,657 and an on-reserve population of 1,022. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2022-23

Visual breakdown of Membertou's revenue sources and how funds were spent during fiscal year 2022-23.

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Financial Summary FY 2022-23

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$12.74M surplus
Balance for FY 2022-23
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$85.11M
Total revenue in FY 2022-23
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$72.38M
Total expenses in FY 2022-23

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2022-23.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$55.17M
As of fiscal year end 2022-23
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$84.97M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2022-23.

PositionNameMonthsHonorariumContract revenueSalaryPensionReimbursed TravelTotal
Chief/CEOTerrance Paul12$95,000$0$126,500$0$52,692$274,192
CouncilorDavid Marshall12$75,000$0$0$3,132$0$78,132
CouncilorAllister Matthews12$75,000$0$0$3,132$6,614$84,746
CouncilorDean Christmas12$75,000$0$0$3,132$1,146$79,278
Councilor/Housing TechnicianLawrence Paul Jr.12$75,000$0$45,000$0$6,882$126,882
CouncilorPaul MacDonald12$75,000$0$0$3,132$0$78,132
Councilor / Finance OfficerJohanna Laporte12$75,000$0$0$0$1,445$76,445
Councilor / SecretaryLee Gould12$75,000$0$43,111$0$329$118,440
CouncilorGail Christmas12$75,000$0$0$0$4,669$79,669
CouncilorCraig Christmas12$75,000$0$0$0$4,956$79,956
CouncilorGraham Marshall12$75,000$0$0$0$3,352$78,352
Councilor / Bus DriverAnthony Paul12$75,000$0$49,000$0$0$124,000
CouncilorStorm Sack12$75,000$0$0$3,132$1,479$79,611
Total$995,000$0$263,611$15,660$83,564$1,357,835

This schedule is unaudited. Prepared by: Grant Thornton LLP

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.