What is ANCSA?
The Alaska Native Claims Settlement Act (ANCSA) became law on December 18, 1971. The legislation settled land claims with the Alaska Native population, establishing 12 active regional corporations and transferring to them a total of and $962.5 million and 43.7 million acres of land. All Alaska Native village and regional corporations had to make their ANCSA land selections by a 1975 deadline – less than four years after passage of the Act. The corporation worked for three years to assist all 56 Calista village corporations meet their filing deadlines. Calista collected and compiled roughly 200 different types of data within the 56 areas withdrawn for each village, including information about subsistence harvesting; fish and wildlife habitats; furbearer, mammal, waterfowl and plant ranges; soils; climate; mineral potential; and fishery potential. With this data collected and disseminated through local meetings, all 56 villages were able to make informed land selections by the 1975 deadline.
What is an ANC?
ANC is an abbreviation for the Alaska Native Corporation, which are corporations formed under ANCSA. There are now 12 regional corporations and more than 200 Alaska Native village corporations.
As a government agency, what is the advantage of contracting with an Alaska Native Corporation (ANC)?
Alaska Native Corporation subsidiaries may be certified as 8(a) tribal entities by the Small Business Administration (SBA). This allows them to receive sole source government contracts, which exceed the normal competitive threshold of $3 million for services and $5 million for manufactured items.
How big is the Calista Region?
The Calista Region encompasses 57,000 square miles and is the second largest Alaska Native Claims Settlement Act region in land size. The land entitlement to Calista, however, is only 6.5 million acres - less than 20 percent of the land area. Approximately 75 percent of the land within the Region is owned by the Fish and Wildlife Service. Most of the remaining lands are owned by federal and state governments, with a very small amount privately owned. Surrounded by mostly federally owned lands, the Region is about the size of New York State. It encompasses nearly 10 percent of Alaska’s land area and is comprised of 56 federally recognized tribes. There are no roads that connect it with the rest of Alaska. Because everything must be flown or barged to each community, the cost of food, fuel, transportation and energy are extraordinarily high.
How many Shareholders does Calista Corporation have?
When the Alaska Native Corporations were established in 1971, 13,300 original Shareholders enrolled with Calista. Those Shareholders’ Descendants are estimated to number more than 20,000. Calista provides assistance to all people of the Region through education, internships, job training, employment advocacy and elder benefits. Original Shareholders 65 years or older receive additional benefits to help them with the high cost of heating fuel and living expenses.
How much dividend money is distributed every year?
All Calista Corporation Shareholder dividends and Elders Benefit Program distributions are subject to approval from the Board of Directors. Through March 2017, Calista has declared $47.1 Million in Shareholder dividends and $5 Million in Elders' Benefit Program distributions.
Spring dividends are based on Shareholders' Equity for the prior three years. These dividends are generally distributed in April or May.
Fall dividends come from the Akilista marketable securities portfolio, which saw its first distribution in 2014. This is an investment account created to provide an additional distribution funding source of dividends not reliant on business operations. These dividends are generally distributed in November.
Elders' Benefit Program distributions are for original Shareholders. An Elder is someone 65 years of age or older. These distributions are generally sent out in late December. More than 60 percent of voting Shareholders approved this program through an advisory resolution during the 2007 Annual Meeting of Shareholders in Chevak, Alaska.
Please stay tuned to this website, our Facebook page and our free email newsletter for all the latest news and announcements, including Shareholder dividends and Elders' Benefit distributions. (Click image below for larger version.)
How many subsidiaries does Calista own?
More than 30.
More information is available here.
What is SBA 8(a)?
SBA: Small Business Administration
The SBA has determined that 8(a) concerns owned and controlled by economically disadvantaged Indian Tribes are eligible as defined under the stated federal Acquisitions regulation’s Indian Incentive Program.
Does Calista make donations? How do I request a donation?
The success of any business should be measured by profitability and social responsibility. The Board of Directors has created specific guidelines to accommodate donation requests.
Donation requests can be submitted with the appropriate donation request form. A W9 tax form may be required:
- Cash Donation Request Form (fillable PDF, 121kb)
- In-kind (art, door prizes, etc.) Donation Request Form (fillable PDF, 145kb)
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