Welcome to The Eyak Corporation
The Eyak Corporation offers a broad range of project management, construction, and facility staffing services. Our family of companies strives to complete tasks and jobs on time and under budget. Please take a look through our website for more information.
Our Mission
The Eyak Corporation's Mission is to return financial benefits to present and future shareholders through the development of economic opportunities and growth of our assets while protecting the ownership of our ANCSA lands and Native cultural heritage.
Our History
The Eyak Corporation was formed July 25, 1973 as a for-profit corporation under Alaska law pursuant to the Alaska Native Claims Settlement Act (ANCSA) enacted by Congress on December 18, 1971. ANCSA authorized the formation of twelve regional corporations in the State of Alaska as well as a number of village corporations within each region. Eyak is the village corporation for Cordova and is one of five village corporations located within the Chugach region. The original act did not include reference for the Native village in the Cordova area. Cecil Barnes was the Native leader who pushed the petition and enrollment drive that resulted in the formation of The Eyak Corporation. Eyak was incorporated in 1973 representing 326 original shareholders, the majority of which were Aleut descent. Eyak was so named at the suggestion of Cecil Barnes to honor the area's Eyak Natives who had as a group been decimated by disease and poverty as a result of the development of Cordova by peoples of European descent.
As of November 8, 2016, The Eyak Corporation has 517 shareholders.
Company News 2022
48th ANNUAL SHAREHOLDERS’ MEETING NOTICE
Archived Company News
Our Anchorage Office Has a New Home
After seven years in mid-town, TEC’s Anchorage office has relocated a couple of miles south, to the Emerald Building. Our new address is...
The Eyak Corporation Updates Alaska Business on Diversification and Investment Plans
The Eyak Corporation (TEC) is the Alaska Native Village Corporation for the community of Cordova, Alaska. TEC celebrated its 43rd birthday in July 2017, and....
The Eyak Corporation Promotes Sue Jolin to Vice President of Finance
Anchorage, Alaska (May 12, 2016): The Eyak Corporation (TEC) is pleased to announce the promotion of Sue Jolin to Vice President of Finance. Jolin had served as TEC’s Senior Controller since her hiring in July 2015. “Sue has accomplished many significant financial and strategic initiatives at...
Homegrown Powerhouses: Alaska’s Native Village Corporations create prosperity, opportunity
When regional corporations develop resources such as timber or oil and gas or zinc, they have to share those resource revenues with the villages through the 7(i) and 7(j)...
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