Koniag, Inc. is one of 13 regional Native corporations established by Congress in 1971 under the terms of the Alaska Native Claims Settlement Act (ANCSA). ANCSA settled the aboriginal land claims of Alaska Native people by conveying land and seed capital to Native for-profit corporations representing various geographic regions of the state.
Koniag’s original share of the ANCSA settlement was $23 million, 800 acres of land and the “subsurface estate” of approximately 900,000 acres. Koniag was incorporated on June 23, 1972, to manage the land and financial assets on behalf of the corporation’s approximately 3,800 Alutiiq shareholders who originated from the Kodiak Archipelago. The corporation’s headquarter office is located in Kodiak, Alaska with an office in Anchorage, Alaska.
Koniag’s approach to business has evolved to meet new challenges, expanding opportunities and the needs of its shareholders. The corporation’s investments range from real estate holdings, resource development and business operations that include oversight of over a dozen subsidiaries.
The Koniag Board of Directors is dedicated to preserving the culture and land for future generations by keeping our businesses profitable to provide benefits such as dividends, education/employment opportunities, and a source for culture information to current and future shareholders.
Nominations are open for shareholders seeking election to the Koniag, Inc. Board of Directors. Three seats are up for election at the 2015 Annual Meeting of Shareholders. All valid nominations will be included in the Corporation’s Proxy Statement. The application deadline is 5:00 pm, Tuesday, March 31, 2015. Please follow this link for an electronic [...]more
Koniag mailed IRS forms 1099-MISC and 1099-DIV (if applicable) to Shareholders. The regular corporate distribution paid out in January of 2014 was not taxable and therefore the amount is NOT being reported on a form 1099-DIV. If the only payment you received during 2014 was the January distribution, then you will not be receiving any [...]more
605 Seward NW, Suite 101
Grand Rapids, MI 495041