Tlingit garbed people and items at Icy Strait Point 2009

Huna Totem Corporation (HTC) is a for-profit corporation formed under the

Alaska Native Claims Settlement Act The Alaska Native Claims Settlement Act (ANCSA) was signed into law by President Richard Nixon on December 18, 1971, constituting at the time the largest land claims settlement in United States history. ANCSA was intended to resolve long-standing i ...

(ANCSA), enacted by the U.S. Congress on December 18, 1971. Regional and village corporations were formed under ANCSA, of which Huna Totem is one of the village corporations.

Sealaska Corporation Sealaska Corporation is one of thirteen Alaska Native Regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land claims. Sealaska was incorporated in Alaska on June 16, 1972.Corpo ...

is the regional corporation for

Southeast Alaska Southeast Alaska, colloquially referred to as the Alaska(n) Panhandle, is the southeastern portion of the U.S. state of Alaska, bordered to the east and north by the northern half of the Canadian province of British Columbia (and a small part ...

. Huna Totem Corporation was incorporated on November 9, 1973.

Shareholders

Huna Totem Corporation initially enrolled 876

shareholder A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal own ...

s and came to have over 1,350 shareholders, all of whom have aboriginal ties to the village of

Hoonah Hoonah ( tli, Xunaa or ''Gaaw Yat’aḵ Aan'') is a largely Tlingit community on Chichagof Island, located in Alaska's panhandle in the southeast region of the state. It is west of Juneau, across the Alaskan Inside Passage. Hoonah is the only f ...

and

Glacier Bay Glacier Bay Basin in southeastern Alaska, in the United States, encompasses the Glacier Bay and surrounding mountains and glaciers, which was first proclaimed a U.S. National Monument on February 25, 1925, and which was later, on December 2, 1980 ...

. In February 2013 the Huna Totem Corporation Board adopted a vision statement "to advance the economic aspirations and culture of the ''Xúna Kaawu'' through business excellence, sustainable economic growth, leadership, and education." Huna Totem provides financial benefits to its shareholders primarily in four ways: dividends from corporate profits, distributions from the Huna Totem Corporation Shareholders Settlement Trust, a one-time payment to original shareholders upon reaching age 65 from the HTC Elders' Benefit Trust, and funding of educational scholarships which are awarded by the Huna Heritage Foundation. In 2012 Huna Totem Corporation generated revenue from several business lines, including tourism, natural resources, interpretive services, commercial real estate and leasing, construction, and its investment portfolio. In earlier years, the timber industry brought in money for many village corporations.

Officers and directors

A current listing of Huna Totem Corporation's officers and directors, as well as documents filed with the State of Alaska, are available online through the Corporations Database of the Division of Corporations, Business & Professional Licensing, Alaska Department of Commerce, Community and Economic Development. Huna Totem Corporation operates under the policies determined by the Board of Directors, which has nine members. Each year, three directors are elected and serve 3-year terms. Day-to-day operations are up to the President and Chief Executive Officer, and Management.

Business enterprises

Like other native corporations in Southeast Alaska, Huna Totem has taken a lead role in development for tourist activities in the region. One of the tourism subsidiaries that Huna Totem Corporation owns and continues to invest in is the cruise ship destination

Icy Strait Point Icy Strait Point is a privately owned tourist destination just outside the small village of Hoonah, Alaska. It is located on Chichagof Island and is named after the nearby Icy Strait. Owned by Huna Totem Corporation, it is the only privately own ...

, located in

Hoonah, Alaska Hoonah ( tli, Xunaa or ''Gaaw Yat’aḵ Aan'') is a largely Tlingit community on Chichagof Island, located in Alaska's panhandle in the southeast region of the state. It is west of Juneau, across the Alaskan Inside Passage. Hoonah is the only f ...

. Another tourism subsidiary owned by Huna Totem Corporation is Alaska Native Voices. In addition, the corporation owned the magazine ''Alaskan Southeaster'', but the publication was ended in 2003 due to lack of consistent advertising revenue.

References

External links

*
Icy Strait Point website

Alaska Native Voices website
{{Authority control 1973 establishments in Alaska Alaska Native village corporations Conglomerate companies established in 1973 Transport companies established in 1973 Hoonah–Angoon Census Area, Alaska Tlingit