Karluk River Shareholder Cabin
Nestled on the edge of the Karluk River, Kodiak’s Green Goddess, as it is often referred, sits the new cabin reserved exclusively for Koniag Shareholders. This newly constructed facility is one of the five cabins Koniag owns along the Karluk Lake and River.
The Shareholder Cabin is a direct result of a recommendation from the Karluk River Advisory Committee. Through a memorandum of understanding with the Larsen Bay Tribal Council, community members volunteered to help erect the 700-square-foot cabin which features incredible views of the river, oil heat, comfortable quarters and a bear-fenced perimeter.
A portion of the funding for the construction of the Shareholder Cabin was provided by a generous gift from the late J.F. Morse, a former CEO of Koniag. Morse left Koniag in 1982, but named Koniag the beneficiary of his life insurance policy. Those who knew Morse say his leadership and values helped make Koniag the strong corporate leader it is today. On Sept. 24, 2010, Koniag, Inc. Lands and Natural Resources staff hosted a dedication of the new Shareholder cabin at the Karluk River Portage. Finishing touches were put on the cabin earlier in the fall of 2010 and it is now open to use by Koniag Shareholders and Descendants.
Koniag is now preparing for the June 2015 7(j) distribution. The deadline to update your address and direct deposit information has passed.
My Koniag will not be available for address and direct deposit changes between June 22, 2015 and June 30, 2015. Shareholders and Descendants will be able to view their record but will not [...]more
June 2015 7(j) Distribution: June 18, 2015 is the deadline to make changes to mailing addresses and direct deposit informationDividend Distribution to Class B Shareholders of $15.47 per share. Class A and Class C Shareholders do not receive this distribution since by statute as these funds are paid to their respective village corporations. Distribution [...]more