K’oyitl’ots’ina, Limited is an Alaska Native Village Corpororation that represents four distinct villages.
The K’oyitl’ots’ina, Limited board of directors consists of nine members elected by the shareholders. Because K’oyitl’ots’ina, Limited is made of the merging of four village corporations – Alatna, Allakaket, Hughes and Huslia – the make-up of the board must represent each constituent corporation.
Each village is represented by two seats, and the ninth is at large, and can be held by any shareholder.
Two of the nine directors must have their principle place of residence in one of the respective villages of Alatna, Allakaket, Hughes and Huslia.
K’oyitl’ots’ina, Limited provides shareholders with the opportunity to apply for a scholarship twice annually. Each time the fund amount of $10,000 is divided equally among qualified applicants.
K’OYITL’OTS’INA, LIMITED is dedicated to maintaining Native Ownership of Land and improving the quality of life of Shareholders through maintaining a profitable corporation, providing services to all its villages, and promoting economic development of its villages.
The corporation is dedicated to economic enterprises that will be of greatest benefit to all Shareholders through dividends and Shareholder employment. They try to improve the standard of living of Shareholders through maximizing dividends generated by corporation earnings. They are dedicated to securing and protecting the assets of the corporation from erosion by inflation and the exploitation of corporation lands.
K’oyitl’ots’ina is responsible for the creation of jobs, promotion of education, care for the elderly and payment of dividends through the earnings of Corporation assets. They distribute the assets received under the Alaska Native Claims Settlement Act to the Shareholders. The corporation will only retain such funds as are necessary to insure the reasonable use of Corporation lands until they can be used for the economic benefit of all Shareholders.
Member villages include:
Alatna Village
Allakaket Village
Hughes Village
Huslia Village