The Aleut Corporation

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.[1] Headquartered in Anchorage, Alaska, The Aleut Corporation is a for-profit corporation with over 5,000[2] Alaska Native shareholders,[3] primarily of Aleut descent originating in the Alaska Peninsula, Aleutian Islands, Pribilof Islands, and Shumagin Islands of Alaska.[4]

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. [1]

Shareholders

At incorporation, The Aleut Corporation enrolled 3,249 Alaska Native shareholders,[3] 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 Headquarters Type of
subsidiary 		Enterprises
Aleut Ventures Anchorage, AK Wholly owned Fuel and commercial and residential properties, chiefly in Adak and Cold Bay, Alaska
Aleut Energy Anchorage, AK Wholly owned Energy-focused businesses, providing high-quality customer service through innovative and sustainable solutions
Aleut Federal Reston, VA Wholly owned Federal services, offering a portfolio of subsidiaries certified by the Small Business Administration as 8(a), small disadvantaged, and/or small business
Aleut Real Estate Anchorage, AK Wholly owned Acquisition, management, and development of high-quality commercial properties that generate long-term value for its investors and the communities it serves
Aleut Mechanical Fairbanks, AK Wholly owned Mechanical contracting firms with an extensive background in the design-build and negotiated work arena
Strata-G Solutions Huntsville, AL Wholly owned High-quality engineering product solutions and technical solutions

Citations

  1. ^ a b Corporations Database.
  2. ^ "Our Corporation - Aleut Corporation". https://aleutcorp.com/. Retrieved March 2, 2026. {{cite web}}: External link in |website= (help)
  3. ^ a b The Aleutian Corporation, 2007.
  4. ^ "Alaska's Wildest, Weirdest Frontier". August 9, 2016.

References

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