Katmai is 100% owned by Ouzinkie Native Corporation and exists to be a source of both profit and pride for ONC Shareholders. ONC’s Board of Directors is comprised of nine members, all of whom are of Alutiiq descent.
Profits earned by Katmai are distributed to ONC and used to fund dividends to Shareholders, to fund scholarships for Shareholders and their descendants, and to contribute to other initiatives designed to benefit ONC Shareholders. Katmai has become an important part of Ouzinkie’s business portfolio. In recent years, Katmai has been the primary source of the income used to make distributions to ONC Shareholders.