Bering Straits Native Corporation, or BSNC, is one of thirteen Alaska Native Regional Corporations

Alaska Native Regional Corporations

The Alaska Native Regional Corporations were established in 1971 when the United States Congress passed the Alaska Native Claims Settlement Act which settled land and financial claims made by the Alaska Natives and provided for the establishment of 13 regional corporations to administer those...

 created under the Alaska Native Claims Settlement Act

Alaska Native Claims Settlement Act

The Alaska Native Claims Settlement Act, commonly abbreviated ANCSA, was signed into law by President Richard M. Nixon on December 23, 1971, the largest land claims settlement in United States history. ANCSA was intended to resolve the long-standing issues surrounding aboriginal land claims in...

 of 1971 (ANCSA) in settlement of aboriginal land claims. Bering Straits Native Corporation was incorporated in Alaska

Alaska

Alaska is the largest state in the United States by area. It is situated in the northwest extremity of the North American continent, with Canada to the east, the Arctic Ocean to the north, and the Pacific Ocean to the west and south, with Russia further west across the Bering Strait...

 on June 23, 1972. Headquartered in Nome

Nome, Alaska

Nome is a city in the Nome Census Area in the Unorganized Borough of the U.S. state of Alaska, located on the southern Seward Peninsula coast on Norton Sound of the Bering Sea. According to the 2010 Census, the city population was 3,598. Nome was incorporated on April 9, 1901, and was once the...

, Alaska

Alaska

Alaska is the largest state in the United States by area. It is situated in the northwest extremity of the North American continent, with Canada to the east, the Arctic Ocean to the north, and the Pacific Ocean to the west and south, with Russia further west across the Bering Strait...

, Bering Straits Native Corporation is a for-profit corporation with about 6,700 Alaska Native

Alaska Natives

Alaska Natives are the indigenous peoples of Alaska. They include: Aleut, Inuit, Tlingit, Haida, Tsimshian, Eyak, and a number of Northern Athabaskan cultures.-History:In 1912 the Alaska Native Brotherhood was founded...

 shareholders primarily of Inupiat, Siberian Yupik

Siberian Yupik

Siberian Yupiks, or Yuits, are indigenous people who reside along the coast of the Chukchi Peninsula in the far northeast of the Russian Federation and on St. Lawrence Island in Alaska. They speak Central Siberian Yupik , a Yupik language of the Eskimo–Aleut family of languages.They were also...

, and Yup'ik descent.

Officers and Directors

A current listing of Bering Straits Native Corporation's officers and directors, as well as documents filed with the State of Alaska since BSNC's incorporation, are available online through the Corporations Database of the Division of Corporations, Business & Professional Licensing, Alaska Department of Commerce, Community and Economic Development.

Shareholders

At incorporation, Bering Straits Native Corporation enrolled about 6,333 Alaska Native

Alaska Natives

Alaska Natives are the indigenous peoples of Alaska. They include: Aleut, Inuit, Tlingit, Haida, Tsimshian, Eyak, and a number of Northern Athabaskan cultures.-History:In 1912 the Alaska Native Brotherhood was founded...

 shareholders, each of whom received 100 shares of BSNC stock. As an ANCSA corporation, BSNC has no publicly traded stock and its shares cannot legally be sold.

Lands

The BSNC region encompasses most of the Seward Peninsula

Seward Peninsula

The Seward Peninsula is a large peninsula on the western coast of the U.S. state of Alaska. It projects about into the Bering Sea between Norton Sound, the Bering Strait, the Chukchi Sea, and Kotzebue Sound, just below the Arctic Circle...

 and eastern Norton Sound

Norton Sound

Norton Sound is an inlet of the Bering Sea on the western coast of the U.S. state of Alaska, south of the Seward Peninsula. It is about 240 km long and 200 km wide. The Yukon River delta forms a portion of the south shore and water from the Yukon influences this body of water...

 in Alaska

Alaska

Alaska is the largest state in the United States by area. It is situated in the northwest extremity of the North American continent, with Canada to the east, the Arctic Ocean to the north, and the Pacific Ocean to the west and south, with Russia further west across the Bering Strait...

. BSNC's land entitlement under ANCSA

Alaska Native Claims Settlement Act

The Alaska Native Claims Settlement Act, commonly abbreviated ANCSA, was signed into law by President Richard M. Nixon on December 23, 1971, the largest land claims settlement in United States history. ANCSA was intended to resolve the long-standing issues surrounding aboriginal land claims in...

includes over 2.1 million acres (8,900 km²) of surface and/or subsurface estate in this region.

Business enterprises

Under federal law, Bering Straits Native Corporation and its majority-owned subsidiaries, joint ventures and partnerships are deemed to be "minority and economically disadvantaged business enterprise[s]" (43 USC 1626(e)).

External links

• Bering Straits Native Corporation (official website).