Shareholders: Events & News
ONC OPEN POSITIONS: 10/29/19
PROJECT ACCOUNTING INTERN
Anchorage, AK Office - Part-Time Temporary
Must be an Ouzinkie Shareholder, descendant or spouse of a Shareholder
10-Key experience or the ability to learn Experience using general office equipment including industry standard computer software
Competent computer skills required, including proficiency using Microsoft programs (emphasis in Outlook, Excel and Word) and email systems
Orlando, FL Office - Full-Time Permanent
Financial Accounting position that uses U.S. Generally Accepted Accounting Principles (GAAP) to ensure accurate and timely internal and external financial reporting.
ESSENTIAL DUTIES & RESPONSIBILITIES
Prepares asset, liability, and capital account entries by compiling and analyzing account information.
Documents financial transactions by entering account information.
Recommends financial actions by analyzing accounting options.
Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Reconciles financial data by collecting and analyzing account information.
Assists in the preparation of the monthly and annual closing processes.
Assists in federal, state and local tax compliance.
Maintains financial security by following internal controls.
Answers accounting procedure questions by researching and interpreting accounting policy and regulations.
Complies with federal, state, and local financial legal requirements by studying existing and new legislation and advising management on needed actions.
Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
Maintains customer confidence and protects operations by keeping financial information confidential.
Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
Contributes to team effort by accomplishing related results as needed.
Performs other duties as assigned.
Bachelor’s Degree in Accounting is required.
Minimum of three (3) years’ relevant work experience in Financial Accounting (U.S. GAAP) is strongly preferred.
ONC UPDATED DIVIDEND INFORMATION
ONC Board Announced $5 Per Share Plus an Additional $30 Per Share Christmas Dividend ($35 per share total)
and Raised 2019 Quarterly Dividends to $30 Per Share.
On November 16, the ONC Board of Directors voted to increase the amount of the Christmas dividend an additional $30 per share in addition to the $5 per share for a total of $35 per share and voted to increase the regular quarterly dividends from $28 per share to $30 per share for fiscal year 2019. The increase applies to all ONC shareholders and begins with the Christmas dividend followed by the ﬁrst quarterly distribution in February 2019. The board voted to increase dividends due to the stable growth of ONC’s business lines and revenue projections for the upcoming year.
"On behalf of the entire Board of Directors, we are pleased to be able to provide a higher Christmas dividend and increase in quarterly dividends next year. We will continue to work with executive management to focus on providing for the needs of our shareholders,” said Crystal Boskofsky, ONC Chair. “We would like to thank our executive management and staff for their hard work and commitment to the success of ONC.”
The 2019 schedule for quarterly shareholder dividends will be announced in December. The special Christmas bonus of $5 per share plus an additional $30 per share will be distributed on November 30, 2018. Please contact the main ofﬁce at Joan Chichenoff at 800.680.2208 if you would like to sign up to have your dividends direct deposited in your bank account.
All Shareholders (18 and older) Need a Stock Will on File
to be Eligible for the $3,000 Burial Assistance
ONC provides a $3,000 Burial Assistance Program to all shareholders who are ineligible for the Death Benefit Settlement Trust or shareholders whose
benefits from the Death Benefit Settlement Trust are $3,000 or less. According to ONC Standard Operating Procedure (SOP) 3.1, effective January 1, 2018, shareholders (18 and older only) must have a stock will form on file to be eligible for this benefit. Custodians of minor shareholders must also have a stock will on file. If you do not have a stock will on file yet, please contact any ONC office or Joan Chichenoff , Shareholder Records Coordinator, at 907.680.2208
VOCATIONAL & CAREER ENHANCEMENT SCHOLARSHIPS AVAILABLE TO ONC SHAREHOLDERS AND DESCENDANTS
Shareholders and descendants looking to achieve their vocational or career enhancement goals are encouraged to apply for a Ouzinkie Native Corporation (ONC) scholarship. Vocational and Career Enhancement scholarship applications are due 7 days BEFORE classes begin.
ONC offers $5,000 for vocational training (trade school, skilled trades) and up to $2,500 for career enhancement to cover tuition, fees, on-campus housing, books and materials. Funds are paid by ONC directly to the institution.
CAREER ENHANCEMENT: Up to $2,500 per calendar year will be granted to shareholders and descendants who are enrolled in accredited short-term certificate or licensing classes. (Examples: CDL, HAZWOPER, 6-Pack, outboard maintenance).
ELIGIBILITY: Open to shareholders and descendants of ONC. Students must be enrolled in an accredited vocational school or career enhancement program. Students must maintain a cumulative 2.0 G.P.A., or remain in good standing if the academic or training institution does not grade courses.
To complete an application visit www.ouzinkie.com/shareholders/scholarships or contact Vickie Novak, Shareholder Development Manager, at 907.680.2208.
ONC Records Information - W-4V Form/Stock Will Form
The Shareholder Records Department recently mailed a “Records Needed” letter to all shareholders who were missing recommended forms and contact information. The following is a breakdown of the information ONC needs to ensure each shareholder has accurate records on file:
Shareholder Record Information Request Form
Birth certificates and Certificate of Indian Blood (CIB) necessary for proper identification.
Form W-4V Voluntary Withholding Request
The percentage of federal tax withholding a shareholder would like withheld from their dividends. ONC dividends are taxable so this form is used to let ONC know what percentage of taxes you want withheld.
Is the form that identifies the taxpayer (such as their social security number) who received the dividend. Under question 3 on the W-9 form, you would mark individual/sole proprietor or single-member, LLC.
Stock Will Forms
Each shareholder should have a stock will form on file to determine who will inherit their shares. ONC doesn’t allow shareholders to create new fractional shares by will or gift. Please do not split any fractional shares already owned. Definition of fractional share: Less than one share of stock; eg. ¼; 1/3; ½ of a stock.
If you have any questions on how to fill out the information needed on your forms, please call the main office at 1.800.680.2208 or 907.680.2208.
Youth Scholarship Program Application
ONC Board Approves New Youth Scholarship Program
On May 26, 2017, the ONC Board of Directors approved a new Youth Scholarship Program that awards up to $250 to ONC shareholders and descendants who are 18 years of age or younger. The program provides funding for athletic, scholastic, cultural, leadership trainings, camps or events that will help each student reach his or her goals.
To be eligible, each student must be enrolled in kindergarten through high school. Students may apply for the scholarship as many times as desired as long as he or she does not receive more than $250 total per award year.
WHO MAY APPLY:
1. The Youth Scholarship Program awards scholarships to:
A. Ouzinkie Native Corporation Shareholders, defined as: Ouzinkie Native Corporation Shareholders who are Alaska Native and Ouzinkie Native Corporation Shareholders who are descendants of an Alaska Native.
B. Registered Descendant of a Ouzinkie Native Corporation Shareholder, defined as: any lineal descendant of a Shareholder who has registered with Ouzinkie Native Corporation. (Visit: or contact Shareholder Records if you need to register as a Descendant).
2. Applicants must be attending an elementary, middle or high school at the time of their application.
3. Applicants must be accepted to, enrolled in, or registered to participate in an athletic, scholastic, cultural, or leadership training, camp, or event that will help the student reach his or her goals.
To apply, fill out the Youth Scholarship Form available online at or pick up a form at either office below. A copy of the registration and related expenses (costs) must be attached. Please email, fax, or send your application and documents to:
Ouzinkie Native Corporation
Attn: Vickie Novak, Shareholder Dev. Manager
Main office: PO Box 89 Ouzinkie, AK 99644
Phone: 1.800.680.2208 or 907.680.2208
Anchorage office: 11001 O’Malley Center Drive, Ste 105
Anchorage, AK 99515
Phone: 907.561.2452 / Fax: 907.561.2453
ONC 2019 ANNUAL MEETING OF SHAREHOLDERS ELECTION RESULTS
2019 ONC Board Election Results
The results of the 46th Ouzinkie Native Corporation Annual Shareholders Meeting include the re-election of Crystal Boskofsky and Jennifer Torsen and election of James Skonberg, Sr., as directors on the board. A Board of Directors meeting was held after the annual meeting and Darren Muller, Sr., was re-elected Chair, Harold Squartsoff was elected Vice Chair and Lorena Skonberg was re-elected Secretary.
There were 32,825.28 shares outstanding and entitled to vote at the meeting. There were 25,076.51 shares present in person or by proxy at the meeting. A quorum, consisting of 76.4%of the number of total shares outstanding and entitled to vote, was present at the meeting. There was one ballot for the election of three directors. The following persons were nominated, and the votes set forth opposite their names are the amount of votes that each nominee received:
Crystal Boskofsky 10,822.55
Susie "Desiree" Cronin 2,417.37
William "Jake" Garner 9,361.83
Jackie Muller, Sr. 7,102.31
Cliff Panamarioff 9,849.29
James Skonberg, Sr. 10,694.57
Jennifer Torsen 16,113.91
Caroline Wolkoff 7,816.70
Jennifer Torsen, Crystal Boskofsky, and James Skonberg, Sr., having received the highest number of votes cast by shareholders in person or by proxy, have been duly elected as Directors of Ouzinkie Native Corporation for a three-year term to serve until their successors have been elected and qualified.
Anchorage Shareholder Informational Meeting
Date: Sunday, October 20, 2019
Location: Embassy Suites By Hilton Anchorage
600 E. Benson Blvd, Anchorage, AK 99503
Time: Begins at 4 p.m., Alaska time
Corporate Update, Appetizers, Dinner, Prizes!
Seattle Shareholder Informational Meeting
Seattle Shareholder Informational meeting
Date: Saturday, November 23, 2019
Location: DoubleTree Suites by Hilton Hotel Seattle Airport - Southcenter
16500 Southcenter Pkwy, Seattle, WA 98188
Begins at 4 p.m., Seattle time
Seattle Shareholders - Book using the group code OUZ and receive a room for $99!
Informational and annual meetings are open to shareholders, spouses and descendants only (unless you are an invited guest).
Board Raises Elder Monthly Dividends
On July 27, 2018, the ONC Board of Directors voted to increase the Elder’s monthly dividend from $350 to $500 effective in September. The Elder’s dividends are in addition to the quarterly regular dividends and are for “original” shareholders 65 years of age and older.
ONC Board Lowers Shares Required to Serve to 50
On August 23, 2018, the ONC Board voted to lower the number of shares required to serve on the ONC Board from 75 to 50. This change will be reflected in the ONC bylaws, and each Director must be a shareholder of record owning at least 50 shares, a Native or Descendant of a Native (as defined by the Alaska Native Claims Settlement Act), a citizen of the United States, and a resident of the state of Alaska to serve on the ONC Board.
Intern - Project Accounting *Open to Shareholders/Descendants/Spouses of Shareholders Only*
This position will provide general project accounting support including, but not limited to, project setup, billing, revenue recognition, project related journal entries, data entry, reconciliations, project analysis, and filing. Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers. Intern position reports to Katmai Government Services (KGS) Project Accountant Manager and may take guidance from personnel in other Finance departments.
Must be an Ouzinkie Shareholder, desendant or spouse of a Shareholder.
2019 ONC Statement of Intent to Run for the Board of Directors
Notice to Shareholders to Submit Statement of Intent 2019
Shareholders intending to run for election to the Ouzinkie Native Corporation Board of Directors are invited to submit a “Statement of Intent and Proxy Statement Compliance Questionnaire.”
Statements can be:
• Mailed to, or hand delivered, to either office at:
Ouzinkie Native Corporation, P.O. Box 89, Ouzinkie, Alaska 99644
or Ouzinkie Native Corporation, 11001 O’Malley Centre Drive, Suite 105, Anchorage, Alaska 99515
• Faxed to (907) 561-2453
• E-mailed to email@example.com (Statements of Intent and Questionnaires received by the deadline by fax or e-mail will be considered timely only if the original signed Statement of Intent and Questionnaire is received within 10 days after the deadline).
If you have questions or would like to request the “Statement of Intent and Proxy Statement Compliance Questionnaire,” please contact Ouzinkie Native Corporation at (907) 680-2208 or in Anchorage at (907) 561-2452.
The “Statement of Intent and Proxy Statement Compliance Questionnaire” must be received by 5 p.m. Alaska Standard Time on Monday, August 12, 2019.
Summer Youth Jobs Program
ONC also offers a Summer Youth Jobs Program available to shareholders and descendants. The youth jobs program is geared towards high school students who are eager to gain valuable work experience during the summer months.
Three summer youth jobs are available – one in the Village of Ouzinkie and two in the Anchorage office. The summer youth hire positions work 6 to 8 weeks during the summer months and provide general office support to the ONC offices with an emphasis on customer service and basic business operations. One of the Anchorage positions is an accounting position.
Be between 14-18 years of age
Must be an ONC shareholder or descendant
Have reliable transportation to work
Be willing to commit to reporting to work, barring emergency
No experience required
Please contact Vickie Novak, ONC Shareholder Development Manager, if you are interested in an internship or summer youth job opportunity.