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Extraordinary Commitment, Powerful Results

Truestone is owned by Akima, LLC—a NANA Company. The NANA Development Corporation is an Alaska Native Corporation (ANC) owned by the Iñupiat people of Northwest Alaska. NANA was formed as part of the Alaskan Native Claims Settlement Act (ANCSA) enacted by Congress. ANCSA was intended to resolve the long-standing issue of aboriginal land claims in Alaska and to create a mechanism for economic development in Alaska, particularly in rural areas. It was Congress' intent that Alaska Native people, the shareholders of private corporations created by the Act, would guide this development.

Why is this important? Because NANA is 100% owned by the Iñupiat people of Northwest Alaska. Our 12,000 shareholders maintain cultural ties to the region their ancestors have inhabited for more than 10,000 years. Truestone profits are invested in:

  • Maximizing economic growth for the people of the NANA region via regional infrastructure development and annual dividend distribution
  • Protecting and enhancing vital resources, ensuring that the land and environment can provide for our citizens for many years to come
  • Promoting healthy communities and supporting Iñupiat culture
  • Improving education via scholarships and internships
  • Providing vocational training and business leadership—over 3,000 shareholders are employed by NANA companies

Beyond giving back to Truestone shareholders, when you do business with us, together we provide services that:

  • Improve quality of life for all Americans through the delivery of efficient, productive government services, health care and education solutions
  • Protect our citizens with effective law enforcement and homeland defense solutions
  • Safeguard our environment, ensuring that our land and environment can provide for our citizens for many years to come