Sealaska just released its 2015 annual report, which illustrates its financial ups and downs. They affect more than 22,000 shareholders, who receive dividends twice a year.
Could Sealaska make more money, pay higher dividends and make better use of its land? Yes, say some shareholders critical of the Southeast regional Native corporation’s management.
The regional Native corporation for Southeast Alaska upped its income by $50 million in 2014. Officials at Juneau-headquartered Sealaska say it’s the start of a multi-year recovery. But critics point to figures showing it’s still losing money.