Koniag is one of twelve Alaska Native regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land claims.
[1] Headquartered in Kodiak, Alaska, with additional offices in Anchorage, Koniag is a for-profit corporation with about 4,300 Alaska Native shareholders primarily of Alutiiq descent.
[2] A current listing of Koniag's officers and directors, as well as documents filed with the State of Alaska since Koniag's incorporation, are available online through the Corporations Database of the Division of Corporations, Business & Professional Licensing, Alaska Department of Commerce, Community and Economic Development.
As an ANCSA corporation, Koniag has no publicly traded stock and its shares cannot legally be sold.
Under federal law, Koniag and its majority-owned subsidiaries, joint ventures and partnerships are deemed to be "minority and economically disadvantaged business enterprise[s]" (43 USC 1626(e)).