Facebook Twitter Email
FRIDAY, MARCH 22, 2002

A report on the economic impact of Alaska Native corporations was released on Thursday.

The report shows that corporations had $2.5 billion in revenues in 2000, most produced by the 12 regional corporations. The largest were Arctic Slope Regional Corp. at $1 billion and Cook Inlet Regional Corp. at $380 million.

In total, the regional and village corporations paid out 350 million in state wages and $64.5 million in dividends in 2000, the report stated.

The Alaska Native Claims Settlement Act of 1971 established Native corporations as it extinguished Native title to millions of acres of land.

Get the Story:
Native clout (AP 3/22)