Established as an Alaskan Native Village Corporation, Cully Corporation was organized in 1971 under the Alaska Native Land Claims Settlement Act (ANSCA). Alaskan Native Corporations were created by ANCSA as the mechanism for distributing land and monetary benefits to Alaska Natives. With ANCSA’s passage, Alaska Natives relinquished their land claims for the return promise of the establishment of Alaskan Native Corporations, which are state-chartered for-profit corporations, with the ability and resources to advance the real economic and social needs of Alaska Natives.
Under ANCSA, an Alaskan Native Corporation is considered to be owned and controlled by Alaska Natives and to be a minority and economically disadvantaged business enterprise as long as the stock that is held by Natives and their descendants represents a majority of both the total equity of the corporation and the total voting power of the corporation for electing directors.
To achieve success by leveraging corporate assets to become a prosperous and diversified company that benefits shareholders by providing employment, education opportunities and regular dividends. This achievement will be based on strict financial control, taking advantage of grants and loans and thinking globally.
Cully is a Native village corporation dedicated to providing a diversified field of professional services under its construction and service companies. The corporation will continue to manage its land and investments for the overall well-being of its shareholders by respecting its Iñupiat heritage.
“Every Iñupiaq is responsible to all other Iñupiaq for the survival of our cultural spirit, and the values and traditions through which we survive.”
Cully Corporation Board of Directors, management, staff and companies will conduct all business activities by abiding by the following Iñupiat values: • Respective of the tribe • Respect for elders and others • Respect for nature, animals, property and land • Keep the land clean • No waste of resources • Practice honesty and cooperation • Pass down spirituality and respect to children
It is believed that Cully can be a growth-oriented company with long-term financial success while respecting cultural values. Professionalism and Iñupiat values are compatible. Cully is a Native village corporation dedicated to providing a diversified field of professional services under its construction and service companies. The corporation will continue to manage its land and investments for the overall well-being of its shareholders by respecting its Iñupiat heritage.
“Every Iñupiaq is responsible to all other Iñupiaq for the survival of our cultural spirit, and the values and traditions through which we survive.”
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