Ahtna, Incorporated

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Ahtna, Incorporated is one of thirteen Alaska Native Regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land claims. Ahtna, Incorporated was incorporated in Alaska on June 23. 1972.[1] Headquartered in Glennallen, Alaska, Ahtna is a for-profit corporation with about 1,200 Alaska Native shareholders primarily of Ahtna Athabaskan descent.

Ahtna, Inc. stewards over 1.5 million acres (6,100 km²) of lands granted through land claims under ANCSA finalized between 1971 and 1998. The Ahtna region is located primarily in the Copper River region in the Valdez-Cordova Census Area of Alaska, with a small spillover into the neighboring Denali Borough in the area of Cantwell. Ahtna's total entitlement under ANCSA is 1,770,000 acres.

Contents

[edit] Officers and Directors

A current listing of Ahtna, Inc.'s officers and directors, as well as documents filed with the State of Alaska since Ahtna's incorporation, are available online through the Corporations Database of the Division of Corporations, Business & Professional Licensing, Alaska Department of Commerce, Community and Economic Development.[1]

[edit] Shareholders

At incorporation, Ahtna enrolled approximately 1,000 Alaska Natives, each of whom received 100 shares of Ahtna stock. As an ANCSA corporation, Ahtna has no publicly traded stock and its shares cannot legally be sold.

The corporation has over 1,200 shareholders, all of whom are Alaska Natives.

[edit] Lands

Ahtna's total entitlement under ANCSA is 1,770,000 acres, including regional and village entitlements.

Eight villages are contained within the Ahtna region, including Cantwell, Chistochina, Chitina, Gakona, Gulkana, Mentasta, the Native Village of Kluti-Kaah (Copper Center), and Tazlina. Under the terms of ANCSA, 714,240 acres of land surrounding the villages were allocated to the village corporations established for those villages. Ahtna, Inc. received bonus selections of about 45,000 acres for distribution among the eight villages based upon historic use and subsistence needs.

In 1980, seven of the eight village corporations in the Ahtna region merged with Ahtna. These included the village corporations Yedatene Na Corporation (Cantwell), Cheesh-Na, Incorporated (Chistochina), Gakona Corporation (Gakona), Sta-Keh Corporation (Gulkana), Kluti-Kaah Corporation (Kluti-Kaah in Copper Center), Mentasta, Incorporated (Mentasta), and Tazlina, Incorporated (Tazlina). Ahtna assumed management of the lands of the seven merged corporations; however, under terms of the merger agreement, the former village corporations were permitted to maintain shareholder committees known as Successor Village Organizations (SVO) each of which retains the right to reasonably withhold consent to new development of former village lands.

Chitina Native Corporation (in Chitina) chose not to merge with Ahtna, and retains rights to the surface estate of its lands. Rights to the subsurface estate of its lands are with Ahtna, Inc., per the requirements of ANCSA.

Ahtna, Inc. has organized its lands management according to the types of holdings:

  • Surface estate (excluding timber and including gravel) is managed by Ahtna, Inc.'s Land Department.
  • Management of subsurface estate (excluding gravel) has been transfered to Ahtna's subsidiary, Ahtna Minerals Company, Inc. (AMC).
  • Management of timber assets has been transferred to Ahtna's subsidiary, Ahtna Forest Products Inc. (AFPI).

[edit] Business enterprises

Activities of the corporation include construction, maintenance and services, telecommunications and natural resources.

Under federal law, Ahtna and its majority-owned subsidiaries, joint ventures and partnerships are deemed to be a "minority and economically disadvantaged business enterprise[s]" (43 USC 1626(e)).

Company Headquarters Type of
subsidiary
Enterprises
Ahtna Construction & Primary Products Corporation (AC&PPC) Glennallen Wholly-owned Oil spill response; subcontractor with Alyeska Pipeline Service Company; general highway construction; building construction; electrical and mechanical services; rock crushing; sale of processed materials.
Ahtna Development Corporation (ADC) Anchorage Wholly-owned Operations and maintenance (O&M), specializing in facilities management; information technology, records management, help desk, and imaging.
Ahtna Enterprises Corporation (AEC) Anchorage Wholly-owned Government contracting and demolition.
Ahtna Government Services Corporation (AGSC) Anchorage Wholly-owned Government contractor in environmental engineering and demolition, general contracting, and professional services.
Ahtna Technical Services Incorporated (ATSI) Anchorage Facility operations and maintenance; shared services.
Koht’aene Enterprises Company, LLC (KEC) Anchorage Wholly-owned Vertical construction.

[edit] Citations

  1. ^ a b Corporations Database.

[edit] References

  • Corporations Database. Ahtna, Incorporated. Division of Corporations, Business & Professional Licensing, Alaska Department of Commerce, Community and Economic Development. Retrieved on 2007-03-18.

[edit] External links

[edit] See Also