Membertou

Financial data for Membertou for fiscal year 2020-21. Membertou is a First Nation in Nova Scotia with a registered population of 1,657 and an on-reserve population of 1,022. 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 Membertou'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.
$8.89M surplus
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$55.41M
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$46.52M
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.
$36.81M
As of fiscal year end 2020-21
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$68.45M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsHonorariumContract revenueSalaryPensionReimbursed TravelTotal
Chief/CEOTerrance Paul12$95,000$0$126,500$0$926$222,426
CouncilorDavid Marshall12$75,000$0$0$3,132$0$78,132
CouncilorAllister Matthews12$65,625$0$0$3,132$0$68,757
CouncilorRobin Googoo7$43,750$0$0$0$0$43,750
CouncilorDean Christmas12$75,000$0$0$3,132$0$78,132
Councilor/Housing TechnicianLawrence Paul Jr.12$75,000$0$45,000$0$0$120,000
CouncilorPaul MacDonald12$75,000$0$0$3,132$0$78,132
Councilor / Finance OfficerJohanna Laporte3$75,000$0$0$0$0$75,000
Councilor / SecretaryLee Gould12$75,000$0$43,410$0$0$118,410
CouncilorGail Christmas12$75,000$0$0$0$0$75,000
CouncilorCraig Christmas12$75,000$0$0$0$0$75,000
CouncilorCary Paul3$18,750$0$0$0$0$18,750
CouncilorGraham Marshall12$75,000$0$0$0$0$75,000
Councilor / Bus DriverAnthony Paul5$31,250$0$19,537$0$0$50,787
CouncilorStorm Sack5$31,250$0$0$1,305$0$32,555
Total$960,625$0$234,447$13,833$926$1,209,831

This schedule is unaudited. Prepared by: 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.