Overview
Huna Totem Corporation is owned by approximately 1,300 Alaska Native shareholders whose aboriginal ties are to the Village of Hoonah in Southeast Alaska.
The Corporation was formed under the terms of the Alaska Native Claims Settlement Act (ANCSA) enacted by Congress December 18, 1971. Huna Totem Corporation was incorporated November 9, 1973.
ANCSA paved the way for the formation of 12 Alaska Native regional corporations and approximately 200 village corporations spread throughout 12 regions in Alaska. Under ANCSA, Huna Totem Corporation received a cash distribution, as well as 23,040 acres of land.
Alaska Native corporations operate as for-profit entities for the benefit of their owners. Huna Totem Corporation is one of the more successful Native village corporations in Alaska with business interests in tourism, investment management, and commercial real estate.
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