Koniag, Incorporated 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. Koniag, Inc. 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 23, 1972. Headquartered in Kodiak

Kodiak, Alaska

Kodiak is one of 7 communities and the main city on Kodiak Island, Kodiak Island Borough, in the U.S. state of Alaska. All commercial transportation between the entire island and the outside world goes through this city either via ferryboat or airline...

, 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 additional 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...

, Koniag is a for-profit corporation with about 3,400 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 Alutiiq

Alutiiq

The Alutiiq , also called Pacific Yupik or Sugpiaq, are a southern coastal people of the Native peoples of Alaska. Their language is called Sugstun, and it is one of Eskimo languages, belonging to the Yup’ik branch of these languages. They are not to be confused with the Aleuts, who live further...

 descent.

Officers and Directors

A current listing of Koniag, Inc.'s officers and directors, as well as documents filed with the State of Alaska since Koniag'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, Koniag, Inc. enrolled about 3,400 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 Koniag stock. As an ANCSA corporation, Koniag has no publicly traded stock and its shares cannot legally be sold.

Lands

The Koniag region comprises Kodiak Island

Kodiak Island

Kodiak Island is a large island on the south coast of the U.S. state of Alaska, separated from the Alaska mainland by the Shelikof Strait. The largest island in the Kodiak Archipelago, Kodiak Island is the second largest island in the United States and the 80th largest island in the world, with an...

 and the Kodiak Archipelago

Kodiak Archipelago

The Kodiak Archipelago is an archipelago, or group of islands, south of main land mass of the state of Alaska , about by air south of Anchorage in the Gulf of Alaska. The largest island in the archipelago is Kodiak Island, the second largest island in the United States...

 and a small portion of the southern coast of the Alaska Peninsula

Alaska Peninsula

The Alaska Peninsula is a peninsula extending about to the southwest from the mainland of Alaska and ending in the Aleutian Islands. The peninsula separates the Pacific Ocean from Bristol Bay, an arm of the Bering Sea....

. Koniag's original land entitlement under 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...

 was 895 acres (3.6 km²), plus the subsurface estate of lands allocated to village corporations in the Koniag region. Complications of the land selection process, especially the lack of available land given the region's long history of non-Native settlement, led to land exchanges through which Koniag was permitted to select subsurface rights in lands along the coast of the Alaska Peninsula across Shelikof Strait

Shelikof Strait

Shelikof Strait is a strait on the southwestern coast of the U.S. state of Alaska between the Alaska mainland to the west and Kodiak and Afognak islands to the east....

 from Kodiak Island. Later, some of the Alaska Peninsula lands were exchanged for land on Afognak Island.

Business enterprises

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