Long Point First Nation

Financial data for Long Point First Nation for fiscal year 2020-21. Long Point First Nation is a First Nation in Quebec with a registered population of 973 and an on-reserve population of 530. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2020-21

Visual breakdown of Long Point First Nation's revenue sources and how funds were spent during fiscal year 2020-21.

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Financial Summary FY 2020-21

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$7.66M surplus
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$25.24M
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$17.58M
Total expenses in FY 2020-21

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2020-21.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$15.21M
As of fiscal year end 2020-21
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$8.34M
As of fiscal year end 2020-21
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$34.85M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2020-21.

PositionNameMonthsRemuneration ( A )Expenses ( B )Other remu- neration* ( C )TOTAL ( A + B + C)
ChiefSteeve Mathias12$78,238$0$9,000-
Councillor*Leonard Polson10$7,500$0$122,426-
Councillor*Liza Charbonneau12$9,000$0$69,495-
Councillor*Jerry Polson10$7,500$0$70,809-
Councillor*Diana Polson12$12,000$0$61,629-
Councillor*Jason Mathias3$2,250$0$55,246-
Councillor *Berlinda Wabagejig3$2,250$0$52,171-
Total$118,738$0$440,776$0

This schedule has been audited. Prepared by: MNP 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.