Qalipu Mi'kmaq First Nation

Financial data for Qalipu Mi'kmaq First Nation for fiscal year 2021-22. 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 2021-22

Visual breakdown of Qalipu Mi'kmaq First Nation's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$254K surplus
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$13.28M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$13.02M
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$4.07M
As of fiscal year end 2021-22
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$400K
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 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$6.63M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2021-22.

PositionNameMonthsRemunerationExpensesTotal
ChiefBrendan Mitchell12$99,772$263$100,035
CouncillorAndrew Barker12$11,600$2,730$14,330
CouncillorJasen Benwah12$8,800$1,222$10,022
CouncillorBrian Dicks11$11,800$554$12,354
CouncillorCalvin Francis12$9,400$2,476$11,876
CouncillorFrancis Skeard12$10,600$2,523$13,123
CouncillorBernard White12$9,200$213$9,413
Vice ChiefKeith Cormier12$12,200$309$12,509
Vice ChiefRandy Drover12$11,200$5,785$16,985
CouncillorOdelle Pike12$9,400$1,263$10,663
CouncillorIvan J. White12$9,800$1,334$11,134
CouncillorIvan White12$10,200$956$11,156
Total$213,972$19,628$233,600

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.