Micmacs of Gesgapegiag

Financial data for Micmacs of Gesgapegiag for fiscal year 2024-25. Micmacs of Gesgapegiag is a First Nation in Quebec with a registered population of 1,684 and an on-reserve population of 733. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2024-25

Visual breakdown of Micmacs of Gesgapegiag's revenue sources and how funds were spent during fiscal year 2024-25.

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Financial Summary FY 2024-25

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$6.06M surplus
Balance for FY 2024-25
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$53.96M
Total revenue in FY 2024-25
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$47.90M
Total expenses in FY 2024-25

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2024-25.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$23.99M
As of fiscal year end 2024-25
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$46.22M
As of fiscal year end 2024-25
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$22.23M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$18.63M
As of fiscal year end 2024-25
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$15.15M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2024-25.

PositionNameMonthsHonorariaRemuneration Note 1Expenses Note 2Total
ChiefRoderick Larocque12$0$498,642$3,563$502,205
CouncillorJohn Martin12$13,750$113,689$26,093$153,532
CouncillorAngelique Condo12$13,750$15,600$0$29,350
CouncillorTracy Condo12$13,746$21,973$2,754$38,473
CouncillorShanon Gedeon12$13,750$51,574$7,162$72,486
CouncillorShawn Martin12$13,750$76,359$12,218$102,327
CouncillorPreston Paul12$13,750$139,256$4,991$157,997
CouncillorDorothy Gedeon12$13,746$26,400$1,794$41,940
CouncillorAaron Condo12$12,500$20,100$6,326$38,926
Total$108,742$963,593$64,901$1,137,236

This schedule has been audited. Prepared by: Raymond Chabot 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.