Alaska Native corporations have seen success in recent years but one of them is being left behind.
The 13th Regional Corp. is one of 13 regional corporations that were set up by Alaska Native Claims Settlement Act.
It originally represented Alaska Natives who weren't legal residents of Alaska when the law was passed in 1971.
Unlike the other regional corporations, the 13th did not receive any land. It received $54 million after a court fight with other Alaska Natives.
The corporation now has 5,500 shareholders but many have no idea about its finances. "I can't get any information," former president Liz Ross told The Anchorage Daily News.
Revenues grew in the 1990s thanks to government contracting but they have dramatically fallen in the last four years.
Get the Story:
Native 13th Regional Corp. future murky at best
(The Anchorage Daily News 11/1)
pwlat
Related Stories:
Sen. Stevens helped Alaska Native corporations
(10/30)
Trending in News
1 White House Council on Native American Affairs meets quick demise under Donald Trump
2 'A process of reconnecting': Young Lakota actor finds ways to stay tied to tribal culture
3 Jenni Monet: Bureau of Indian Affairs officer on leave after fatal shooting of Brandon Laducer
4 'A disgraceful insult': Joe Biden campaign calls out Navajo leader for Republican speech
5 Kaiser Health News: Sisters from Navajo Nation died after helping coronavirus patients
2 'A process of reconnecting': Young Lakota actor finds ways to stay tied to tribal culture
3 Jenni Monet: Bureau of Indian Affairs officer on leave after fatal shooting of Brandon Laducer
4 'A disgraceful insult': Joe Biden campaign calls out Navajo leader for Republican speech
5 Kaiser Health News: Sisters from Navajo Nation died after helping coronavirus patients
More Stories
Share this Story!
You are enjoying stories from the Indianz.Com Archive, a collection dating back to 2000. Some outgoing links may no longer work due to age.
All stories in the Indianz.Com Archive are available for publishing via Creative Commons License: Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)