Arctic Slope Regional Corporation, or ASRC, is one of thirteen Alaska Native Regional Corporations

Alaska Native Regional Corporations

The Alaska Native Regional Corporations were established in 1971 when the United States Congress passed the Alaska Native Claims Settlement Act which settled land and financial claims made by the Alaska Natives and provided for the establishment of 13 regional corporations to administer those...

 created under the Alaska Native Claims Settlement Act

Alaska Native Claims Settlement Act

The Alaska Native Claims Settlement Act, commonly abbreviated ANCSA, was signed into law by President Richard M. Nixon on December 23, 1971, the largest land claims settlement in United States history. ANCSA was intended to resolve the long-standing issues surrounding aboriginal land claims in...

 of 1971 (ANCSA) in settlement of aboriginal land claims. Arctic Slope Regional Corporation was incorporated in Alaska

Alaska

Alaska is the largest state in the United States by area. It is situated in the northwest extremity of the North American continent, with Canada to the east, the Arctic Ocean to the north, and the Pacific Ocean to the west and south, with Russia further west across the Bering Strait...

 on June 22, 1972. Headquartered in Barrow

Barrow, Alaska

Barrow is the largest city of the North Slope Borough in the U.S. state of Alaska. It is one of the northernmost cities in the world and is the northernmost city in the United States of America, with nearby Point Barrow being the nation's northernmost point. Barrow's population was 4,212 at the...

, Alaska

Alaska

Alaska is the largest state in the United States by area. It is situated in the northwest extremity of the North American continent, with Canada to the east, the Arctic Ocean to the north, and the Pacific Ocean to the west and south, with Russia further west across the Bering Strait...

, with administrative offices in Anchorage

Anchorage, Alaska

Anchorage is a unified home rule municipality in the southcentral part of the U.S. state of Alaska. It is the northernmost major city in the United States...

, Arctic Slope Regional Corporation is a for-profit corporation with nearly 11,000 Alaska Native

Alaska Natives

Alaska Natives are the indigenous peoples of Alaska. They include: Aleut, Inuit, Tlingit, Haida, Tsimshian, Eyak, and a number of Northern Athabaskan cultures.-History:In 1912 the Alaska Native Brotherhood was founded...

 shareholders primarily of Inupiat Eskimo

Eskimo

Eskimos or Inuit–Yupik peoples are indigenous peoples who have traditionally inhabited the circumpolar region from eastern Siberia , across Alaska , Canada, and Greenland....

 descent.

In both 2009 and 2008 the company appeared on the list of Top 100 US Federal Contractors

Top 100 US Federal Contractors

The Top 100 Contractors Report is a list developed annually by the U.S. General Services Administration as part of its tracking of U.S. federal government procurement....

, with contracts totalling $637.2 million and $791.2 million respectively.

Officers and Directors

A current listing of Arctic Slope Regional Corporation's officers and directors, as well as documents filed with the State of Alaska since ASRC'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.

Shareholders

At incorporation, Arctic Slope Regional Corporation enrolled 3,800 Alaska Native

Alaska Natives

Alaska Natives are the indigenous peoples of Alaska. They include: Aleut, Inuit, Tlingit, Haida, Tsimshian, Eyak, and a number of Northern Athabaskan cultures.-History:In 1912 the Alaska Native Brotherhood was founded...

 shareholders, each of whom received 100 shares of ASRC stock. Amendments to ANCSA

Alaska Native Claims Settlement Act

The Alaska Native Claims Settlement Act, commonly abbreviated ANCSA, was signed into law by President Richard M. Nixon on December 23, 1971, the largest land claims settlement in United States history. ANCSA was intended to resolve the long-standing issues surrounding aboriginal land claims in...

 in 1988 permitted ANCSA regional corporations to enroll as stockholders Alaska Natives born after 1971, and in 1989 ASRC stockholders chose to do so. ASRC presently has about 9,000 stockholders. As an ANCSA corporation, ASRC has no publicly traded stock and its shares cannot legally be sold.

Lands

ASRC holds title to approximately 5000000 acres (20,234.3 km²) of Alaska's North Slope. Most of these lands are highly prospective for oil and gas, coal and base metal sulfides. Some of the lands contain known resource reserves such as the Alpine Oil Field and the Western Arctic Coalfields.

Business enterprises

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

• ASRC Aerospace Corporation
  ASRC Aerospace Corporation
  ASRC Aerospace Corporation is a subsidiary of Arctic Slope Regional Corporation . ASRC Aerospace is a highly diversified enterprise formed in November 1997. Headquartered in Greenbelt, Maryland, ASRC Aerospace supports 15 major contracts providing a base of over 1000+ personnel. It has a strong...
  
  
• ASRC Energy Services
• Arctic Slope Compliance Technologies
• ASRC Constructors, Inc.
• ASRC Service Center
• ASRC Construction Holding Company, LLC.
• Petro Star Inc.
• ASRC Federal
• Arctic Education Foundation
• Top of the World
• Alaska Growth Capital
• Eskimos Inc.
• ASRC Airfield & Range Services