Glooscap First Nation

Financial data for Glooscap First Nation for fiscal year 2023-24. Glooscap First Nation is a First Nation in Nova Scotia with a registered population of 439 and an on-reserve population of 101. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2023-24

Visual breakdown of Glooscap First Nation's revenue sources and how funds were spent during fiscal year 2023-24.

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Financial Summary FY 2023-24

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$851K surplus
Balance for FY 2023-24
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$11.46M
Total revenue in FY 2023-24
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$10.60M
Total expenses in FY 2023-24

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2023-24.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$6.49M
As of fiscal year end 2023-24
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$23.79M
As of fiscal year end 2023-24
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$19.35M
As of fiscal year end 2023-24
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$4.89M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2023-24.

PositionNameMonthsRemunerationBenefitsExpensesTotal
ChiefSidney Peters12$119,600$8,325$11,332$139,257
CouncillorAmanda Francis12$88,000$6,354$10,227$104,581
CouncillorCharlotte Warrington12$88,000$4,970$13,870$106,840
CouncillorGail Tupper12$88,000$6,671$8,359$103,030
Total$383,600$26,320$43,788$453,708

This schedule is unaudited. Prepared by: BDO Canada 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.