[1] At incorporation, The Aleut Corporation enrolled 3,249 Alaska Native shareholders,[2] each of whom received 100 shares of TAC stock.
As an ANCSA corporation, TAC has no publicly traded stock and its shares cannot legally be sold.
TAC's primary business areas are in the areas of government contracting, telecommunications, environmental remediation, real estate management, trust 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.