For Shareholders
Autumn birch and aspen on a hillside above the Tanana valley
Understanding ANCSA

In 1867, the United States purchased Alaska from Russia. Aleuts, Eskimos, and Indians had been living here for thousands of years, and it was agreed that Alaska Natives had rights to the lands they used. For over 100 years, however, it was not clear which lands Alaska Natives owned and which were owned by the U.S. government.

The Alaska Native Claims Settlement Act (ANCSA) was passed into law on December 18, 1971, to settle these claims. It created thirteen regional corporations representing over 80,000 Alaska Natives, paid $962.5 million to Alaska Natives through their corporations from the Alaska Native Fund, and set aside 43 million acres of land. Doyon, Limited is the regional corporation for our area.

Village corporations like NNI also selected land. NNI's entitlement is approximately 115,200 acres, which many shareholders consider the corporation's most precious asset.

Aerial view of fall colors across interior Alaska
$962.5M Paid to Alaska Natives under ANCSA
43M Acres set aside statewide
206 Original NNI enrollees
260+ NNI shareholders in 2026
How Your Corporation Works
01

Shareholders

Shareholders are the owners of Northway Natives, Inc. Under ANCSA, each eligible Alaska Native of one-quarter or more Alaska Native blood who could prove a relationship to the village of Northway was enrolled and issued 100 shares of NNI stock. Shareholders elect the Board of Directors.

02

Board of Directors

Nine directors, elected from among the shareholders, set the goals of the corporation and protect and preserve it. The board sets policy on natural resources and land management, business investments, and administration, and reports to shareholders every year through the annual report and annual meeting.

03

Administration

The administrator carries out the policy decisions of the board and hires employees as needed for the day-to-day operations of the corporation. This position has historically been filled by the President of the NNI Board of Directors.

04

Dividends & Distributions

Since establishing the NNI Settlement Trust in 2019, the corporation makes contributions to the Trust, and distributions are paid to shareholders from the Trust. These distributions are non-taxable income for shareholders. Learn about the Trust →

Stay Connected

Shareholder Newsletter

Maa’anh Ts’ut Shih, NNI's quarterly newsletter, is published by the NNI Secretary-Treasurer. It is emailed to shareholders and mailed to those without email or internet access.

Questions? Contact the NNI Office

Northway Natives, Inc.
P.O. Box 401
Northway, Alaska 99764
(907) 778-2298