Shareholder Investment

Chenega Corporation is steadfast in its dedication to enhance the lives of its shareholders through continuous investment in community, culture, and economic development. Governed by an all-Native shareholder board in compliance with federal law, 100% of profits are funneled back into shareholder benefits, ensuring sustainable growth and prosperity.

Chenega proudly supports a broad array of programs aimed at enriching the shareholder’s quality of life, including:

• Life Insurance: The corporation provides coverage for shareholders and their descendants under the age of 26. Benefits are based on number of shares and the age of each individual.
• Health & Wellness Assistance Program: This program offers free, confidential counseling anytime, 24/7.
• Substance Abuse Treatment Program:Shareholders, spouses and descendants can receive assistance to help overcome the challenges of addiction.
• Burial and Bereavement Benefit:To help alleviate the financial burden of funeral and burial services, Chenega offers financial support to shareholders, spouses and descendants in times of loss.
• Faith-based Programs:Chenega Corporation continues to support the Nativity of the Theotokos Church in Chenega.
• Community Programs:Chenega contributes to a variety of organizations and projects each year that support shareholders’ quality of life.

Chenega Heritage, a 501(c)(3) funded partly by Chenega Corporation, is committed to preserving the rich cultural heritage of Chenega through initiatives such as:

• Documenting oral histories
• Online cultural education
• Language preservation workshops
• Subsistence activity promotion
• Native arts and craftsmanship workshops

Chenega’s future-focused initiatives to qualified shareholders and descendants include:

• Internships and Career Preparation: Programs designed to prepare youth for future careers through internships and various training opportunities.
• Scholarships and EducationalPrograms: Financial support for college education, vocational training, and certifications.
• Career Counseling and Employment Assistance: Personalized support to navigate career options and job opportunities within Chenega.

Working alongside the Chenega IRA Council, Chenega Corporation actively contributes to:

• Village and land management
• Community facilities construction and maintenance
• Economic enhancement projects to uplift the community’s economic standing

For detailed information or assistance with accessing benefits, please contact: