The Kuskokwim Corporation is an Alaska Native corporation formed by merging 10 village corporations from the Kuskokwim region in 1977.
The corporation owns and operates several subsidiary companies with the goal of providing jobs, dividends and other benefits to its Alaska Native shareholders and their descendants. In the 2016, the corporation announced record dividends.
Calista Corporation is one of 13 Alaska Native Regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land claims. It represents about 25,600 Alaska Native shareholders primarily of Yup’ik, Cup’ik and Athabaskan descent. As part of ANCSA, Calista received 6.5 million acres of land entitlement as well as approximately $80 million, making it the second largest corporation established under ANCSA. The Calista region covers Alaska’s Bethel and Kusilvak census areas and includes 56 villages.
Calista owns more than 35 subsidiaries, providing a variety of services, including rural camp services; heavy-equipment sales, rental and service; both rural and urban construction, including heavy civil and Arctic construction; environmental remediation, range reclamation and natural-resource development; ocean and shallow-draft river marine transportation; real estate investments; telecommunications, cyber security and cloud technology; military defense contracting; and much more.