Micmacs of Gesgapegiag

Financial data for Micmacs of Gesgapegiag for fiscal year 2016-17. Micmacs of Gesgapegiag is a First Nation in Quebec with a registered population of 1,684 and an on-reserve population of 733. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2016-17

Visual breakdown of Micmacs of Gesgapegiag's revenue sources and how funds were spent during fiscal year 2016-17.

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Financial Summary FY 2016-17

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$771K surplus
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$30.74M
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$29.97M
Total expenses in FY 2016-17

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2016-17.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$3.53M
As of fiscal year end 2016-17
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$11.03M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$3.93M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$2.25M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2016-17.

PositionNameMonthsSalariesHonorariaOther remunerationTotalTravel expenses
CouncillorAnthony Jerome12$17,736$10,200$0-$4,098
ChiefRoderick Larocque Jr12$59,125$0$55,371-$6,604
CouncillorJeremy Jerome12$25,717$10,200$28,255-$76
CouncillorPatricia Jerome12$38,317$10,200$2,508-$8,580
CouncillorArmand Martin12$29,034$10,200$350-$0
CouncillorDouglas Martin12$39,167$10,200$0-$1,846
CouncillorRonnie Condo12$49,092$10,200$13,600-$0
CouncillorJohn Martin12$86,457$10,200$2,297-$8,801
CouncillorLuc Martin12$27,374$10,200$4,998-$0
Total$372,019$81,600$107,379$0$30,005

This schedule has been audited. Prepared by: Raymond Chabot 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.