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Micmacs of Gesgapegiag

Financial data for Micmacs of Gesgapegiag for fiscal year 2019-20. 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 2019-20

Visual breakdown of Micmacs of Gesgapegiag's revenue sources and how funds were spent during fiscal year 2019-20.

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Financial Summary FY 2019-20

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.13M surplus
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$31.79M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$30.67M
Total expenses in FY 2019-20

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2019-20.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$8.93M
As of fiscal year end 2019-20
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$18.04M
As of fiscal year end 2019-20
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$9.11M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$4.98M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$5.83M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2019-20.

PositionNameMonthsHonorariaRemuneration Note 1Expenses Note 2Total
CouncillorDorothy Gedeon7$8,750$17,785$1,060$27,595
CouncillorAnthony Jerome5$4,250$12,279$5,058$21,587
CouncillorChristianne B. Jerome7$7,500$13,230$8,097$28,827
ChiefRoderick Larocque Jr5$0$279,437$345$279,782
CouncillorJeremy Jerome5$4,250$305,072$0$309,322
CouncillorPatricia-Ann Jerome5$4,250$11,616$2,623$18,489
CouncillorAmy Martin7$8,750$1,867$13,516$24,133
CouncillorArmand Martin12$13,000$25,331$5,635$43,966
CouncillorDouglas Martin12$15,250$28,750$23$44,023
CouncillorGary Luc Martin7$8,750$27,223$11,376$47,349
ChiefJohn Martin7$0$55,915$10,430$66,345
CouncillorJohn Martin5$4,250$0$0$4,250
CouncillorRonnie Condo5$4,250$23,583$0$27,833
CouncillorLuc Martin5$4,250$5,000$0$9,250
CouncillorTammy Martin7$8,650$0$4,220$12,870
CouncillorMitchell Syvret-Caplin7$8,750$29,691$6,363$44,804
Total$104,900$836,779$68,746$1,010,425

This schedule has been audited. Prepared by: Raymond Chabot Grant Thornton LLP

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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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