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Micmacs of Gesgapegiag

Financial data for Micmacs of Gesgapegiag for fiscal year 2022-23. 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 2022-23

Visual breakdown of Micmacs of Gesgapegiag'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.
$2.39M deficit
Balance for FY 2022-23
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$41.99M
Total revenue in FY 2022-23
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$44.38M
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.
$19.60M
As of fiscal year end 2022-23
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$13.87M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$10.71M
As of fiscal year end 2022-23
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$9.48M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Micmacs of Gesgapegiag.

ClaimStatusLast UpdateTotal Payments
Chaleur Bay Transmission Line / Maria-ROW
Alleges breaches of Canada's fiduciary obligations respecting the Chaleur Bay Power Co. transmission line established on the reserve in 1938 without lawful authority.
Concluded
No Lawful Obligation Found
Jul 2007
-
Maria - Expropriation
Alleged failure to compensate for reserve lands expropriated for highway purposes.
Settled
Settled through Negotiations
Mar 1996
$128K
Maria - Horse Island
Alleged the Gaspe land commission illegally alienated Horse Island land without Micmac consent.
Other
File Closed
Oct 1997
-
Total$128K

Remuneration and Expenses

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

PositionNameMonthsHonorariaRemuneration Note 1Expenses Note 2Total
ChiefJohn Martin12$0$109,668$31,648$141,316
CouncillorDorothy Gedeon12$16,150$34,263$2,645$53,058
CouncillorChristianne B. Jerome12$0$55,245$18,434$73,679
CouncillorArmand Martin12$2,500$36,817$2,652$41,969
CouncillorTammy Martin12$13,750$0$14,876$28,626
CouncillorAaron Condo12$16,211$23,540$10,328$50,079
CouncillorBernard Jerome12$16,250$61,293$3,149$80,692
CouncillorDaniel Condo12$16,250$41,535$1,765$59,550
Total$81,111$362,361$85,497$528,969

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.