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Qalipu Mi'kmaq First Nation

Financial data for Qalipu Mi'kmaq First Nation for fiscal year 2018-19. Qalipu Mi'kmaq First Nation is a First Nation in Newfoundland and Labrador with a registered population of 26,266 and an on-reserve population of 16. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2018-19

Visual breakdown of Qalipu Mi'kmaq First Nation's revenue sources and how funds were spent during fiscal year 2018-19.

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Financial Summary FY 2018-19

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$127K surplus
Balance for FY 2018-19
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$12.91M
Total revenue in FY 2018-19
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$12.78M
Total expenses in FY 2018-19

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2018-19.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$2.19M
As of fiscal year end 2018-19
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$2.21M
As of fiscal year end 2018-19
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$19K (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$3.40M
As of fiscal year end 2018-19
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$6.33M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2018-19.

PositionNameMonthsRemunerationExpensesTotal
ChiefBrendan Mitchell12$99,772$18,542$118,314
Vice ChiefErica Samms-Hurley8$5,667$118$5,785
Vice ChiefJoseph Bouzanne8$5,067$699$5,765
CouncilorGerard Alexander8$5,667$347$6,013
CouncilorAndrew Baker12$9,250$5,750$15,000
CouncilorBernard Bennett8$5,467$404$5,871
CouncilorJasen Benwah12$8,050$489$8,539
CouncilorArlene Blanchard-White8$5,067$96$5,163
CouncilorBrian Dicks12$9,450$3,158$12,608
CouncilorCalvin Francis12$8,850$5,975$14,825
CouncilorFrancis Skeard12$9,450$7,874$17,324
CouncilorBernard White12$8,450$180$8,630
Vice ChiefKeith Cormier4$4,183$438$4,621
Vice ChiefRandy Drover4$3,783$4,290$8,073
CouncilorOdelle Pike4$2,983$2,643$5,626
CouncilorIvan J. White4$3,383$2,678$6,061
CouncilorIvan White4$3,583$2,867$6,451
Total$198,122$56,548$254,669

This schedule has been audited. Prepared by: Chartered Professional Accountants (Corner Brook)

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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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