Natoaganeg

Financial data for Natoaganeg for fiscal year 2023-24. Natoaganeg is a First Nation in New Brunswick with a registered population of 1,121 and an on-reserve population of 598. 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 Natoaganeg'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.
$13.05M surplus
Balance for FY 2023-24
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$34.60M
Total revenue in FY 2023-24
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$21.55M
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.
$12.61M
As of fiscal year end 2023-24
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$24.49M
As of fiscal year end 2023-24
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$11.87M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$45.97M
As of fiscal year end 2023-24
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$48.03M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsSalaryBand homeHonorariumCoreContract and otherTotalTravel expenses
ChiefChief George H. Ginnish12$75,000$7,800$150$18,103$0$101,053$1,086
CouncillorMerrill Martin12$57,789$4,740$0$14,809$0$77,338$1,703
CouncillorTyler Patles12$26,000$0$150$14,809$0$40,959$703
CouncillorWilliam Sark12$51,944$9,000$150$14,809$150$76,053$1,203
CouncillorMichael Simon12$48,650$0$1,650$14,809$4,000$69,109$703
CouncillorKelvin Simonson12$24,700$2,917$0$14,809$0$42,426$1,008
CouncillorGalen Augustine12$39,840$0$150$14,809$300$55,099$1,005
CouncillorArthur Simon12$0$6,180$150$14,809$0$21,139$375
CouncillorGrant Patles12$0$4,704$150$14,809$0$19,663$1,661
CouncillorJulie McKay12$15,675$0$150$14,809$0$30,634$703
CouncillorDevin Ward12$15,000$0$150$14,809$1,000$30,959$1,203
Total$354,598$35,341$2,850$166,193$5,450$564,432$11,353

This schedule is unaudited. Prepared by: Lenehan McCain & Associates

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.