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Qalipu Mi'kmaq First Nation

Financial data for Qalipu Mi'kmaq First Nation for fiscal year 2013-14. Qalipu Mi'kmaq First Nation is a First Nation in Newfoundland and Labrador with a registered population of 26,266 and an on-reserve population of 16. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2013-14

Visual breakdown of Qalipu Mi'kmaq First Nation's revenue sources and how funds were spent during fiscal year 2013-14.

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Financial Summary FY 2013-14

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$94K surplus
Balance for FY 2013-14
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$10.31M
Total revenue in FY 2013-14
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$10.22M
Total expenses in FY 2013-14

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2013-14.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$1.17M
As of fiscal year end 2013-14
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$1.89M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$2.65M
As of fiscal year end 2013-14
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$1.67M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2013-14.

PositionNameMonthsSalaryHonorariaOther RemunerationTotalTravel Expenses
ChiefBrendan Sheppard12$94,043$0$0$94,043$6,380
Vice ChiefKevin Barnes12$0$6,700$0$6,700$2,335
Vice ChiefRandy Drover12$0$7,600$0$7,600$5,761
CouncillorGerald White12$0$6,072$0$6,072$2,405
CouncillorKaren White12$0$6,500$0$6,500$2,088
CouncillorBen Bennett12$0$7,500$0$7,500$2,982
CouncillorBrendan Mitchell12$0$6,100$0$6,100$1,158
CouncillorCalvin Francis12$0$6,300$0$6,300$3,722
CouncillorLaetitia MacDonald12$0$8,000$0$8,000$3,091
CouncillorFrancis Skeard12$0$6,300$0$6,300$3,711
CouncillorBernard White12$0$6,100$0$6,100$1,911
CouncillorAndy Barker12$0$7,100$0$7,100$3,092
Total$94,043$74,272$0$168,315$38,636

This schedule has been audited. Prepared by: Bonnell Cole Janes Chartered Professional Accountants

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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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