Two Rivers Resource Trust
The Ninilchik Natives Association, Inc. (NNAI) is a corporation established in 1972, representing over 427 shareholders, primarily of Dena ina Athabaskan descent, with class A common stock and voting rights. They aim to enhance the pride of their people through various initiatives, including shareholder benefits, dividends, scholarships, and shareholder businesses.
NNAI's history is rooted in the Alaska Native Claims Settlement Act (ANCSA) and their shares are divided into two classes, distinguishing between Native and non-Native shareholders. Class A Common Stockholders receive dividends and hold voting rights, while Class B Common Stockholders, consisting of non-Native shareholders, receive dividends but do not have voting rights. With shareholders residing across the country and abroad, NNAI continues to serve and support its community.
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