The Aleut Corporation, or Aleut, is one of twelve Alaska Native Regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land claims. The Aleut Corporation was incorporated in Alaska on June 21, 1972.Corporations Database. Headquartered in Anchorage, Alaska, The Aleut Corporation is a for-profit corporation with over 5,000 Alaska Native shareholders,The Aleutian Corporation, 2007. primarily of Aleut descent originating in the Alaska Peninsula, Aleutian Islands, Pribilof Islands, and Shumagin Islands of Alaska.
Under ANCSA, The Aleut Corporation received a settlement of $19.5 million. Its land entitlement included 66,000 acres (270 km2) of surface lands and 1.572 million acres (6,362 km2) of subsurface estate.
Officers and directors A current listing of The Aleut Corporations' officers and directors, as well as documents filed with the State of Alaska since Aleut'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. Leadership is also listed on aleutcorp.com.
Shareholders At incorporation, The Aleut Corporation enrolled 3,249 Alaska Native shareholders, each of whom received 100 shares of Aleut stock. As an ANCSA corporation, Aleut has no publicly traded stock and its shares cannot legally be sold.
Lands Under ANCSA, The Aleut Corporation was entitled to 66,000 acres (270 km2) of surface lands and 1.572 million acres (6,362 km2) of subsurface estate. Most of Aleut's land selections were made on the Alaska Peninsula and in the Aleutian Islands, Shumagin Islands, and Pribilof Islands.
Enterprises Aleut's primary business areas are in the areas of government contracting, telecommunications, environmental remediation, real estate management, sales of sand, gravel, mineral, and rock aggregates, and investments in oil and gas producing properties and marketable securities. Under federal law, The Aleut Corporation and its majority-owned subsidiaries, joint ventures and partnerships are deemed to be "minority and economically disadvantaged business enterprise[s]". This family of businesses is exempt from the Civil Rights Act of 1964, meaning their employment policies are allowed to be discriminatory.(43 USC 1626(e)).
Company HeadquartersType ofsubsidiaryEnterprises Aleut Ventures Anchorage, AK Wholly owned Fuel and commercial and residential properties, chiefly in Adak and Cold Bay, AlaskaAleut EnergyAnchorage, AKWholly ownedEnergy-focused businesses, providing high-quality customer service through innovative and sustainable solutionsAleut FederalReston, VAWholly ownedFederal services, offering a portfolio of subsidiaries certified by the Small Business Administration as 8(a), small disadvantaged, and/or small businessAleut Real EstateAnchorage, AKWholly ownedAcquisition, management, and development of high-quality commercial properties that generate long-term value for its investors and the communities it servesAleut MechanicalFairbanks, AKWholly ownedMechanical contracting firms with an extensive background in the design-build and negotiated work arenaStrata-G SolutionsHuntsville, ALWholly ownedHigh-quality engineering product solutions and technical solutions
Citations
References Corporations database. . Division of Corporations, Business & Professional Licensing, Alaska Department of Commerce, Community and Economic Development. Retrieved on 2007-03-18. The Aleut Corporation. (2007). Annual Report 2006 – The Aleut Corporation: Honoring Our Traditional Ways. Anchorage, AK: The Aleut Corporation. Retrieved on 2007-03-26.
External links The Aleut Corporation (official website) Ulakaia Center