Ouzinkie Native Corporation, a village corporation, was formed July 23rd, 1973, as part of the Alaska Native Claims Settlement Act of 1971. Upon formation, Ouzinkie Native Corporation (ONC) had 339 original shareholders, all of Alutiiq descent, living in the village of Ouzinkie on Spruce Island, or who were originally from the village. Each shareholder received one hundred shares at incorporation that cannot be sold or traded.
Today there are approximately 477 shareholders by way of shares either inherited by new shareholders or were gifted to family members.
The mission of the Ouzinkie Native Corporation is to develop profitable business enterprises to provide maximum financial return and other benefits to our shareholders while preserving our culture and protecting our lands