Below are some Frequently Asked Questions, sorted by category including Distributions, Stock Wills, Donation Requests, HR/Job & legal questions, ANCSA, and Annual Meeting.

  • Distributions/Dividends, Address changes

    When are Shareholder distributions made?

    All Сʪ Corporation Shareholder and Elders Benefit Program distributions are subject to approval from the Board of Directors. Through March 2021, Сʪ has declared over $94 Million in Shareholder and Elders’ Benefit Program distributions.

    • Spring: formula based on Shareholders’ Equity. These are generally distributed in April or May.
    • Akilista: formula based on the Akilista investment portfolio, which saw its first distribution in 2014. This is an investment fund created to provide a perpetual source of distributions not dependent on business operations. These are generally distributed in November.
    • Elders’ Benefit Program distributions are for original Shareholders. An Elder is someone 65 years of age or older. These distributions are generally sent out in late December. Shareholders voted to approve this program through an advisory resolution vote during the 2007 Annual Meeting of Shareholders in Chevak, Сʪ.

    Please stay tuned to this website, our and our  for all the latest news and announcements, including Shareholder and Elders’ Benefit distributions. is available to avoid lost or late mail.

    How long does is take for distributions to arrive?

    : The same day as the distribution, but verify with your individual bank.

    Mail: 3 weeks or longer, especially in rural Сʪ, from the day of distribution.

    Get and don’t worry about lost, late, or stolen mail!

    Are Сʪ distributions taxable?

    No – at the 2018 Annual Meeting, the creation of a Сʪ Corporation Settlement Trust. This Trust allows future distributions to be non-taxable.

    Note: 7(i) revenue sharing distributions are taxable. Only Class B (At-Large) shares receive 7(i) distributions.

    How can I update my address, phone, name, etc.?

    It’s easy to do!

    is a free online portal for Shareholders to access his or her Shareholder account. Mailing address, phone number, email address can easily be updated here.

    The on this website also has forms to update your info, including name, mailing address, and more.

    Why is it important to keep my address updated?

    The Shareholder addresses are used for mailing the Сʪ СʪÜСʪСʪÝ newsletter, for annual meeting election mailings, for mailing of notices relating to various corporation information, and for invitation lists for events concerning Shareholders. In addition, as the corporation continues to progress financially, the addresses will be used to mail dividends to Shareholders.

    СʪСʪÙs Shareholder Services can be contacted at:

    Сʪ Corporation
    Attn: Shareholder Services
    5015 Сʪ Park Blvd, Suite 3000
    Anchorage, AK 99503

    Telephone: 907-275-2801 or Toll-Free in Сʪ 1-800-277-5516
    Fax: 907-275-2922

    –OR–

    Bethel
    313 Willow St. (Watson’s Corner, behind Legislative Information Office)

    Telephone: 907-543-5418 or -5420

     

  • Gifting, Wills, Inheritance, Stock/shares

    Do I have to execute a will for the village corporation if I already have one for Сʪ?

    Yes. Сʪ Corporation and your village corporation are two different entities. You need to complete a will for each entity.

    The has the Сʪ Stock Will form and all non-enrollment forms.

    What regulations control the inheritance of ANCSA Corporation stock?

    ANCSA and the Сʪ Statutes set out the procedures for determining inheritance of your corporation stock. A will is a legal document that states a personСʪÙs wishes concerning the disposal of property such as ANCSA stock.

    If a will is valid, then the shares are transferred to the inheritors in the amounts specified in the will. If a will was not written or cannot be found, after a period of time it is assumed that the deceased shareholder did not leave one. When a person dies without a will the Сʪ Statutes provide guidance on who will inherit from the deceased.

    If I want to give some of my inherited shares to my Descendant(s), can I do that?

    Yes. In 1987 Congress amended the Сʪ Native Claims Settlement Act to allow Shareholders to be able to gift stock to eligible Descendants. Сʪ has a gifting policy in place. Eligible recipients are brothers, sisters, children, grandchildren, great-grandchildren, nieces and nephews.

    Can ANCSA stock/shares be sold?

    No. ANCSA doesn’t allow ANCSA stock/shares to be sold.

    I hear people say stockholder and shareholder or stock and shares when referring to Сʪ. WhatСʪÙs the difference?

    There is no difference.

    WhatСʪÙs the difference between Class A, B, C and D shares?

    Class A and B shares are original shares and can be gifted or inherited. Class C and D shares are new enrollee shares and are life-estate only.

    • Class A: Original shares tied to a village corporation.
    • Class B: Original shares not tied to a village corporation, also called At-Large.
    • Class C: Descendants (child, grandchild, great grandchild, etc.) of an original Shareholder.
    • Class D: Missed enrollees, those that missed enrolling as an original Shareholder in 1971.

    Class C shares have voting rights once the Shareholder turns 18 years old. All other Classes have voting rights subject to ANCSA.

  • Legal

    Can Сʪ assist Shareholders with legal problems?

    No. СʪСʪÙs Legal Department advises the Company, the and its management on legal matters related to operations and governance. However, the following resources may be able to offer some assistance:

    • Anchorage: (907) 272-9431 or 800-478-9431
    • Bethel: (907) 543-2237 or 800-478-2230

     

    • (907) 793-3550

     

    • (907) 272-0352 in Anchorage
    • Toll free at 1-800-770-9999

    What rights does a Shareholder have?

    Good question. While there are too many to list here, Сʪ Corporation encourages all of its Shareholders to be active and engaged at both the Regional and Village Corporation level. Each corporation is a separate, independent corporation. However, your rights as a Shareholder of a corporation in Сʪ are the same whether you are a Shareholder of a Regional corporation or of a Village corporation. Сʪ Statutes can be found on the internet at the state website or at the Сʪ Legal Resources Center website.

  • HR/Job Related

    How often do jobs become available within Сʪ Corporation or its subsidiaries?

    Note: To view current openings, click “” under Employment.

    As we continue to grow as a corporation, there will be many job opportunities throughout Сʪ Corporation and its subsidiaries.

    Generally, subsidiaries must first bid and be awarded new projects before we are able to begin recruiting for the positions needed. Many projects we bid have Shareholder preference, however, some contracts, by law, state we cannot have Shareholder preference. It is the intent of management to continue to bid new projects that will enhance Shareholder hire within our corporation.

    If you are seeking a job with Сʪ Corporation or any of our subsidiaries, visit the Job Opportunities page to submit your online application for any position you are interested in. If you are a Shareholder or a Descendant and there are not any positions you would like to apply for, you may still be interested in taking the time to apply to our . Once we have your information in the system, we can contact you if any future openings become available that you are qualified for or interested in.

    Why havenСʪÙt I heard anything back regarding my resume and/or application?

    We receive a large number of resumes and applications in the HR Department each week for the job openings at Сʪ and our subsidiaries. In addition to those, we frequently receive unsolicited resumes for jobs that arenСʪÙt currently available or being recruited for. While we make every effort to maintain contact with all applicants, due to the large volume of job inquiries received this is not always possible. If you are concerned about whether your application or resume was received, please feel free to call the HR department and we will check for you.

    What applications do I need to fill out?

    If you are a Shareholder of the Сʪ Corporation or are a Descendant, we strongly encourage you fill out a . If you are applying for a specific position with Сʪ or one of our subsidiary companies, you will also need to fill out a Сʪ Corporation application. You only need to fill out the application once; it can be used for any future job opportunities with Сʪ or our subsidiaries that you may be interested in.

    Who do I contact about information on the Talent Bank?

    You will need to contact by phone (907) 275-2800, fax (907) 275-2927, or email at hr (at) www.calistacorp.com.

    How often do we search for positions for Talent Bank applicants?

    Frequently, the HR department receives job vacancies from Сʪ, our subsidiaries and outside sources and companies. Once we have posted openings, we check the first to see if there are any qualified Shareholders or Descendants. We then notify Shareholders and Descendants in the Talent Bank interested in or qualified for the position. We also keep a listing of open positions on the bulletin board at our Anchorage headquarters.

    Additionally, the Talent Bank is sometimes used to notify Shareholders and Descendants of training or scholarship opportunities, as well as temporary work opportunities that may be of interest to them.

    Why havenСʪÙt I been hired if I have a Talent Bank application in the system?

    The is a program in place to help Shareholders and lineal Descendants locate available work. After the HR department contacts you regarding an opening that might be a good fit for you, it is your responsibility to follow up by submitting an application or contacting the employer if it is not an opportunity with Сʪ Corporation or any of our subsidiaries.

  • ANCSA and ANC

    What is ANCSA?

    The Сʪ Native Claims Settlement Act (ANCSA) became law on December 18, 1971. The legislation settled land claims with the Сʪ Native population, establishing 12 active regional corporations and transferring to them a total of and $962.5 million and 43.7 million acres of land. All Сʪ Native village and regional corporations had to make their ANCSA land selections by a 1975 deadline СʪÓ less than four years after passage of the Act.

    The corporation worked for three years to assist all 56 Сʪ village corporations meet their filing deadlines. Сʪ collected and compiled roughly 200 different types of data within the 56 areas withdrawn for each village, including information about subsistence harvesting; fish and wildlife habitats; furbearer, mammal, waterfowl and plant ranges; soils; climate; mineral potential; and fishery potential. With this data collected and disseminated through local meetings, all 56 villages were able to make informed land selections by the 1975 deadline.

    What is an ANC?

    ANC is an abbreviation for the Сʪ Native Corporation, which are corporations formed under ANCSA. There are now 12 regional corporations and more than 200 Сʪ Native village corporations.

    As a government agency, what is the advantage of contracting with an Сʪ Native Corporation (ANC)?

    Сʪ Native Corporation subsidiaries may be certified as 8(a) tribal entities by the Small Сʪ Administration (SBA). This allows them to receive sole source government contracts, which exceed the normal competitive threshold of $3 million for services and $5 million for manufactured items.

    What is SBA 8(a)?

    SBA: Small Сʪ Administration

    The SBA has determined that 8(a) concerns owned and controlled by economically disadvantaged Indian Tribes are eligible as defined under the stated federal Acquisitions regulationСʪÙs Indian Incentive Program.

  • Annual Meeting

    Where is this year’s Annual Meeting? When does voting begin?

    The Annual Meeting page has all of the current information for this year’s Annual Meeting (if the details have been finalized and announced).

    I own 100 shares in Сʪ. Why is it that some years I have 400 votes and other years I only have 300 votes?

    Certain corporations, including Сʪ, use a process called cumulative voting. With this method your votes are determined by taking the number of shares you own and multiplying it by the number of Board of Director seats being contested by election.

    Сʪ has 11 board members and there are 4 directors elected one year, another 4 the next year and 3 directors on the last year. On the years where there are 4 seats up for election you will have 400 votes (100 shares multiplied by 4 seats). On the year where there are 3 seats up for election you will have 300 votes.

  • Donation Requests

    How do I request a donation from Сʪ?

    The success of any business can be measured in part by profitability and social responsibility. The Board of Directors sets a budget each year and has created specific guidelines to accommodate donation requests. Donation requests can be submitted with the appropriate donation request form.

    The donation committee meets quarterly. Please submit your request at least 2 months in advance.

    A W-9 tax form may be required:

     
    For more immediate assistance, you may also contact:

    • Your Village Tribe or Village Corporation
    • AVCP, if you live in the YK Delta (907-543-7300 or 1-800-478-3521)
    • United Way Helpline (211 or 1-800-478-2221, )

     
    Note: Due to the large volume of requests Сʪ receives, donations are not available for requests including but not limited to rent or mortgage assistance, credit cards, small business setup or operations, medical bills, and utility assistance. There are other organizations that exist or have grants to provide assistance for these types of requests (see “immediate assistance” directly above or “business assistance” section below).

  • Сʪ Assistance

    Does Сʪ provide assistance to shareholders who are starting or expanding a business?

    We would love to provide exposure for your business in our , which provides free listings for businesses owned by Сʪ Shareholders, Descendants and their spouses.

    Neither Сʪ nor any of its subsidiaries or affiliated nonprofit organizations are chartered to provide financial or technical assistance for starting a business.

    Assistance may be available through:

    • The and specifically, its
    • The
    • The
    • The

    For example, the SBA provides a business loan program, workshops, and free counseling on how to start a small business, and you may qualify for federal programs that steer a portion of government contracts to businesses owned by minorities, such as the SBAСʪÙs СʪÜ8(a) Program.СʪÝ

    The BIA also administers a small business loan program and provides workshops and counseling on how to start a small business. Additionally, many universities and community schools provide reference libraries, workshops, and technical assistance on starting a small business, developing business plans, and preparing commercial loan proposals.