Presentation is loading. Please wait.

Presentation is loading. Please wait.

IN THE MATANUSKA-SUSITNA VALLEY

Similar presentations


Presentation on theme: "IN THE MATANUSKA-SUSITNA VALLEY"— Presentation transcript:

1 IN THE MATANUSKA-SUSITNA VALLEY
Sophie Minich President and CEO, CIRI

2 Alaska Native Claims Settlement Act of 1971
Enacted Dec. 31, 1971 Settled the aboriginal land claims of Alaska Native people Created 12 regional corporations and more than 200 village corporations based on cultural and geographic heritage Distributed 44 million acres of land and $963 million to Alaska Native corporations to benefit some 80,000 Alaska Native shareholders and their descendants

3 CIRI At a Glance CIRI was created by the Alaska Native Claims Settlement Act (ANCSA) of 1971 Homeland of the Dena’ina Athabascan Original ANCSA distribution: $34 million $1 billion in dividends distributed Owned by nearly 9,000 shareholders

4 CIRI in the mat-su Shareholders: 718 Descendants: 120
2016 Dividends: $1,821,572 2016 Resource Revenue: $677,365 2016: Elders’ Trust: $154,350 Total Distributions in 2016: $2,653,287

5 CIRI’s Mission The mission of CIRI is to promote the economic and social well-being and Alaska Native heritage of our shareholders, now and into the future, through prudent stewardship of the company’s resources, while furthering self-sufficiency among CIRI shareholders and their families.

6 Diversified Business Portfolio
Real Estate Environmental Services Oilfield and Construction Services Government Services Specialty Finance Land and Natural Resources Energy and Infrastructure

7 CIRI Land Total Surface: 624,000 acres
Total Subsurface: 1.6 million acres In Mat-Su: Total Surface: 160,000 acres Total Subsurface: 437,000 acres Land access: Recreational Use Permits Land Use Permits Licenses and Easements

8 CIRI Land Commercial Uses on CIRI Land: New Opportunities?
Gravel Mining Tourism Agriculture Recreation New Opportunities? Mining Timber Biofuels Carbon Sequestration Birch Syrup

9 CIRI REAL ESTATE Four Corners
Located at corner of Palmer-Wasilla Highway and New Trunk Road 129 acres Proposed Use: Mixed Retail Dining Entertainment Housing

10 CIRI Government Contracting
Weldin Construction Silver Mountain Construction ANC Research & Development Construction and Engineering on Alaska Military Bases JBER Eielson Air Force Base Fort Wainwright Fort Greely

11 CIRI TODAY Strong balance sheet $985 million in assets
$644 million in shareholders’ equity Delivering benefits to shareholders Helping to drive economic growth in our region

12 CIRI FAMILY OF NONPROFITS

13 Southcentral Foundation
Benteh Nuutah Primary Care Center Serves 12,000 customers Provides full primary care services Serves 1,100 veterans Manages the Life House Clinic in Sutton

14 CIRI FAMILY OF NONPROFITS

15


Download ppt "IN THE MATANUSKA-SUSITNA VALLEY"

Similar presentations


Ads by Google