Qalipu Mi'kmaq First Nation

Financial data for Qalipu Mi'kmaq First Nation for fiscal year 2019-20. 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 2019-20

Visual breakdown of Qalipu Mi'kmaq First Nation's revenue sources and how funds were spent during fiscal year 2019-20.

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Financial Summary FY 2019-20

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$234K surplus
Balance for FY 2019-20
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$13.28M
Total revenue in FY 2019-20
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$13.04M
Total expenses in FY 2019-20

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2019-20.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$4.07M
As of fiscal year end 2019-20
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$325K
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$3.31M
As of fiscal year end 2019-20
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$6.56M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2019-20.

PositionNameMonthsRemunerationExpensesTotal
ChiefBrendan Mitchell12$99,772$16,872$116,644
CouncillorAndrew Barker12$10,400$7,618$18,018
CouncillorJasen Benwah12$8,400$817$9,217
CouncillorBrian Dicks12$10,250$2,130$12,380
CouncillorCalvin Francis12$9,400$5,920$15,320
CouncillorFrancis Skeard12$10,800$7,138$17,938
CouncillorBernard White12$9,600$199$9,799
Vice ChiefKeith Cormier12$11,200$4,259$15,459
Vice ChiefRandy Drover12$10,400$8,533$18,933
CouncillorOdelle Pike12$9,200$1,189$10,389
CouncillorIvan J. White12$9,600$5,309$14,909
CouncillorIvan White12$9,200$901$10,101
Total$208,222$60,885$269,107

This schedule has been audited. Prepared by: Bonnell Cole Janes

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.