Distributions are sums of money periodically divided among shareholders of the Corporation. The distribution is based on net income from Tyonek Native Corporation and also from monies received from revenue sharing of natural resource revenues from other Alaska Native Regional Corporations. A yearly distribution is generally sent in December of each year, and there may be “special” distributions based on the policy adopted by the Board of Directors.
Distributions from the Shareholder Distribution Trust are not taxable. Shareholders will not receive a 1099 for a distribution from the Trust.
Lost or Missing Checks
If your distribution is lost or stolen, you will need to contact shareholder services. Tyonek Native Corporation will explain the procedure and provide the necessary forms, if applicable, to investigate the check in question. Please contact firstname.lastname@example.org.