Who we are
Koniag, Inc. (the Company) is a regional corporation formed pursuant to the Alaska Native Claims Settlement Act of 1971 (ANCSA). The Company is owned by 3,879 Alaska Native Shareholders. Approximately 60% of the Shareholders live within the state of Alaska.
ANCSA settled the aboriginal land claims of the Alaska Native people by providing for conveyance of money, land and other natural resources to regional corporations and village corporations within each region. The Company’s original share of this entitlement was $24 million and approximately 800 acres of surface estate and approximately 900,000 acres of subsurface estate.
As of March 31, 2012, the Company has interim conveyance or patent to approximately 105,000 acres of surface estate and approximately 900,000 acres of subsurface estate. The additional surface estate received is a result of a merger with two village corporations and the subsurface is entitled under ANCSA.
The Company continues to pursue a business strategy that reduces risk through diversification while focusing on improved profitability and growth by investing in and developing greater expertise in core businesses and industries. This strategy has driven and continues to drive investment and divestiture decisions of the Company.
2015 Top Small Technology Companies
Washington Business Journal Names Koniag Information Security Services to List of Top 25 Small Tech Companies
The Washington Business Journal named Koniag Information Security Services (KSS) to its list of Top Small Technology Companies for the Washington, D.C. region for the second consecutive year. KSS climbed six [...]more
OST was recognized as one of the top 50 fastest-growing private companies, ranked by revenue growth, led by women. Congratulations, Meredith!more
TAXABILITY OF DIVIDENDS
With tax filing season at hand, one of the recurring questions we get in the Shareholder Department is
about 1099 Forms. In the past Koniag has not issued 1099‐DIV forms to Shareholders when dividends
were determined to be non‐taxable. That is again the case for 2015.
Koniag is issuing the [...]more
Updated with new presenter.
Presenters are Pat Pitney with the State of Alaska, Diane Kaplan with the Rasmuson Foundation and Greg Chapados with GCI/Alaska’s Future