Shareholders

Shareholders that benefit from ASRC Federal profits are Iñupiat Eskimos who live primarily on Alaska’s North Slope. ASRC Federal is a subsidiary of Arctic Slope Regional Corporation, an Alaska Native corporation that represents the business interests of approximately 11,000 Iñupiat shareholders. Profits earned by ASRC are distributed to shareholders in the form of dividends.

Shareholders living in difficult conditions on Alaska’s North Slope use the dividends to sustain their villages and the Iñupiat way of life. Shareholders are also located throughout Alaska, with a smaller number residing in the lower 48 states.

ASRC and its subsidiaries:

Work to preserve the Iñupiat culture and traditions that strengthen shareholders and ASRC
Invest a portion of revenues to promote healthy communities and sustainable economies for eight villages on the North Slope
Adhere to traditional values of protecting the land, environment and culture of the Iñupiat

Iñupiat Values

The Iñupiat culture adheres to ancestral teachings and values. Iñupiat values guide ASRC in actively managing businesses, lands, resources and business relationships. The Iñupiat core values are the cornerstone of ASRC’s success and are combined with disciplined business practices to deliver high levels of performance and returns. Core values include:

Sharing
Family
Knowledge of language
Hunting traditions
Respect for nature
Humility
Compassion
Resolution of conflict
Respect for our elders and one another
Cooperation
Spirituality
Humor

About the North Slope

The North Slope is an 89,000-square-mile region of northern Alaska bordered by the foothills of the Brooks Range to the south and the Arctic Ocean to the north. Winter weather on the North Slope can be extremely dangerous due to the combination of cold temperatures and high winds. Most of the soil on the North Slope is permanently frozen year-round and only a surface layer of tundra thaws during warmer months.

Barrow, the northernmost community in the U.S., is the economic, transportation and administration hub of the North Slope Borough. Subsistence hunting, fishing and whaling play an important role in the economy and lifestyle of the residents of the North Slope. The area’s oil fields are among the largest in the U.S.

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