Native Corporations

$2 billion hidden from taxes

When the Pentagon announced that an obscure California company partly owned by an Alaska Native corporation had won a lucrative military contract, no one mentioned any plans for a Caribbean outpost -- a tropical shell the company quickly created that allowed it to duck millions in taxes and deflect U.S. lawsuits.

Sealaska awards scholarships to 338

More than 300 shareholders and descendants of Sealaska Corp. are recipients of scholarships totaling $530,000.

CIRI's profit falls, net worth grows in '07

Cook Inlet Region Inc. announced this week that it made a $56 million in profit in 2007.

Court rejects elder benefits suit

The Alaska Supreme Court has rejected a lawsuit by two Cook Inlet Region Inc. shareholders who sued to stop their company's quarterly payouts to elders.

Ousted Doyon executive lands seat on board

Shareholders of Fairbanks-based Doyon Ltd. on Friday night showed their discontent with their board of directors' recent decision to boot the company's top executive.

Hundreds attend land swap discussion

FAIRBANKS -- Several hundred people attended a discussion on a proposed land swap between Alaska's largest private landowner and the federal government, with most opposing the swap.

Land swap up for comments

The draft environmental impact statement for a proposed exchange of land between Doyon Ltd. and the U.S. Fish and Wildlife Service in the Yukon Flats region of interior Alaska is out for public review. And, judging by the past controversy surrounding the proposed deal, comments should come a plenty.

Hundreds attend land swap discussion

Native corporation in dispute over name

Doyon, the Alaska Native regional corporation in the state's interior, is in a dispute with a group of shareholders over naming rights.

Inside Alaska business

Kootznoowoo pays dividends

Shareholders in Kootznoowoo, Angoon's village corporation, have received a dividend of $3.27 per share. Most have 100 shares, meaning the payout was $327, company officials said.

Funds keep alive land swap efforts

The U.S. Fish and Wildlife Service has received money that will allow work to continue on a proposed land swap in the Yukon Flats National Wildlife Refuge with Doyon Ltd., the Alaska Native regional corporation covering much of Interior Alaska.

New group to guide villages in business

Alaska Native village corporations formed a statewide group Friday to represent their common interests and stimulate their economic growth.

New state group to guide villages in business

Alaska Native village corporations formed a statewide group Friday to represent their common interests and stimulate their economic growth. Congress created the village corporations along with 13 regional corporations under the Alaska Native Claims Settle

Natives in for big royalty boost

Alaska Natives around the state may soon receive a new cash infusion due to a bluish-white metal found in the Northwest Arctic.

Natives in for big royalty boost as mine reaches profitability

Alaska Natives may soon receive a new cash infusion: Their share of profits expected from the world's largest zinc mine, in Northwest Alaska, could bring $200 million to Native companies in the coming year.

Village corporations unite to grow

Alaska's Native village corporations have decided to do something they've never done -- form a statewide group to stimulate their own growth. The idea has been kicked around for years, but Maver Carey, chief executive of the Kuskokwim Corp., w

More Native corporation coverage

Eyak tribe redirects hazardous materials

CORDOVA -- Neither sleet, nor rain, nor the dreary grayness of a chilly autumn day in Cordova could dampen the spirit driving the Native Village of Eyak's electronics recycling program.

State's congressional delegation vows to defeat drilling ban

WASHINGTON -- Alaska's congressional delegation came out swinging against the latest version of a proposal to ban drilling in the Arctic National Wildlife Refuge, although the bill has little chance of passage.

Stevens, Young alert Native corporations

FAIRBANKS -- Sen. Ted Stevens and Rep. Don Young are warning Alaska Natives that efforts are under way to get rid of contracting privileges given to Native corporations.

AFN opposes vote to curb pollutants

FAIRBANKS -- The Alaska Federation of Natives voted Saturday to oppose a proposed statewide voter initiative that would block large metallic mines from discharging pollutants on land or water.

Federal rules in flux for Natives

FAIRBANKS -- The rules may be changing for Alaska Native firms that have reaped billions in revenue from government contracting.

Federal rules in flux for Native corporations

The rules may be changing for Alaska Native firms that have reaped billions in revenue from government contracting. The U.S. Small Business Administration is preparing to revise its program for steering government work to small, minority-owned firms.