In 2018, Ahtna generated more than $284 million in revenue and employed more than 1,100 (27 percent in Alaska). Copyright © 2020 Alaska Law Review, Duke University School of Law. Alaska Native CorporationsBackground • Regional Corporation Profiles • Sources.
If Alaska joins the majority of states that have adopted this new legal entity, Native corporations would have an opportunity to significantly reform their corporate governance within the existing framework of ANCSA. Alaska Natives then organized a “Regional Corporation” for each region. Office of Native American Affairs Office of Government Contracting & Business Development July 2013. supplied an ADP software solution for the National Institutes of Health (NIH), National Institute of Allergy and Infectious Diseases (NIAID). Koniag IncorporatedKoniag has land holdings across the Alaska Peninsula, Kodiak Island and Afognak Island. © Alaska Public Media 2020. The case turned on the definition of the word “tribe.”. In the 21st Century, business is booming for Alaska's Native businesses. The Alaska-Canada border is Doyon’s eastern border and the western portion almost reaches the Norton Sound.
An Alaska Native Corporation or ANC means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. In addition, a 13th Regional Corporation was subsequently formed for non-resident Alaska Natives. Alaska Native corporations cumulatively reported more than $10.5 billion in revenues in 2018 and in 2019 accounted for almost 50 percent of the rankings in the Alaska Business’ listing of the Top 49 corporations in the state.
At least 50 percent of the revenues received must be redistributed among the Village Corporations. Cape Fox Facilities Services provides instructional services as part of the nationwide motorcycle safety training program for Soldiers spanning 61 US Army installations. Help us grow Alaska through responsible resource development. installed equipment and implemented strategies to provide energy conservation updates and facility energy improvements at the US Air Force Academy for the US Army Corps of Engineers.
This section is intended to achieve a rough equality in assets among all Alaska Natives. The Aleut Corporation has more than 4,000 shareholders and currently manages and sells sand, gravel, minerals and rock aggregates as part of its subsurface rights within the region. BSNC owns and manages nearly two million acres of subsurface estate selected by 17 Village Corporations in the region. Key assets include an investment portfolio and over 30 operating subsidiary companies, specializing in petroleum distribution, construction, government services, and oilfield and industrial services. Doyon generated more than $310 million in revenues in 2018 and had more than 1,000 people employed worldwide (69 percent in Alaska). Operations of the Aleut Corporation and its eight subsidiaries include government contracting, telecommunications, environmental remediation, fuel sales, and real estate management.
In 2018, Koniag generated more than $267 million in revenue and employed 1,100 people (8 percent in Alaska). As one of the largest unexplored basins in North America, the subsurface of the land of the NANA region is mineral-rich and the company is working with partners to unlock its potential. The majority of our shareholders are Tlingit Indian and have…
“I can think of no reason that the Congress would exclude ANCs” from the CARES Act funding. Congress enacted ANCSA in order to provide a means by which Alaska Natives could derive economic benefits from the resources around them. The Ahtna Family of Companies offer our employees a benefits package that is comprehensive, competitive and customizable to meet personal needs and goals. Cape Fox Corporation is the Alaska Native Corporation for the Natives of the Village of Saxman in Ketchikan, Alaska. 1971. It is developing alternative energy resources on its land, including a commercial-scale wind farm on Fire Island three miles offshore from Anchorage. Regional operations include real estate management and development, tourism, construction, mining services and sales of rock and aggregate. BBNC provides consistent shareholder equity through quarterly dividends, training and education scholarship funding, community and cultural contributions, Elder benefit distributions and burial assistance. The corporation owns the village site of Attu as well as numerous historical and cemetery sites between Atka and the Alaska Peninsula. Koniag's original share of the ANCSA settlement was $24 million, 800 acres of land, and a "subsurface estate" of approximately 900,000 acres. CAC is globally recognized as a premier provider of base operations and facilities maintenance services. Doyon’s family of companies provides a wide range of services, including catering, facility maintenance, security, tourism and support for oil, gas and mining construction across Alaska. Cape Fox Corporation unites several Federal contracting subsidiaries to provide exceptional service in healthcare, information technology, emerging technologies, professional, and logistics support. Cape Fox FCG is an ANC in business for almost 50 years and specializes in IT & Cybersecurity, Healthcare, Marketing, Training, Construction and Facilities, and Logistics. These corporations generate economic and social benefits for Alaska Natives in the form of dividends and distributions, employment and income, as well as providing a range of other benefits such as training, scholarships, cultural programs and community development. The goal of the sections is to ensure that all Alaska Native corporations, and accordingly their shareholders, benefit from revenues derived from natural resources developed on ANCSA lands. The emergence of the benefit corporation entity across the United States may soon mean that Native corporations have a promising alternative. “They’re dead wrong. The new law allows a Settlement Trust to amend the terms of its agreement to allow this choice up to December 21, 2018, with certain restrictions.
supported the NASA Goddard Space Flight Center and enhanced the cost analysis process using statistical calculations as a basis for contract incremental benefit and performance versus cost decisions. Cape Fox Federal Integrators provided administrative management support needed to accomplish the planned hiring of and language training for Foreign Service Officers for the United States Agency for International Development.
Circuit says.