March 28, 2017
Calista Corporation Adds $1,000 Enrollment Drawing
Total Applications Received Exceed 8,000
(Anchorage, Alaska) –
Calista Corporation announces a fifth cash drawing for enrollment applications. Enrollment continues for Descendants of original Shareholders and missed enrollees. The new drawing is to encourage as many early applications as possible. All properly completed applications submitted by June 2, 2017 will be eligible to receive one of five $1,000 drawings. All the latest information, details and documents are posted at www.calistacorp.com/enroll.
Two monthly drawings have been completed and three remain. All eligible and properly completed applications submitted by April 3 will be eligible for 25 prizes of $100 each. The next deadline is May 1 with 25 prizes of $50 each. Applications can be completed online at enroll.mycalista.com, submitted by email, fax or mail, or drop-off, or completed with staff assistance.
Traveling enrollment teams have visited over half of Calista Region communities. The enrollment tour continues traveling through spring. Tour dates are at www.calistacorp.com/enrolltour.
“Calista has expanded staff to assist with and process enrollment applications,” said Calista Corporation President/CEO Andrew Guy. “To minimize costs Calista is encouraging eligible enrollees to submit applications early and online. This summer we will begin reducing temporary enrollment project staff. Core staff will remain in our Bethel and Anchorage offices.”
In October, the Board of Directors will consider a resolution to set the date to formally enroll new Shareholders. If the resolution passes, shares will be issued to confirmed applicants and will then be issued to eligible applicants on a rolling basis. Calista Shareholders are eligible for voting on annual meeting resolutions, receiving cash dividends, Board of Director candidacy and more.
The second largest of the original 13 Alaska Native Corporations, Calista Corporation was established under the Alaska Native Claims Settlement Act of 1971 and represents approximately 13,000 Shareholders. The Calista region encompasses more than 6.5 million acres and includes 56 villages, which are incorporated into 46 individual village corporations. Since 1994, Calista has provided more than $4 Million in scholarships to its Shareholders and Descendants. Since inception more than $47.1 Million in dividends and $5 Million in Elders’ Benefit Program distributions to its Shareholders.
Calista Corporation is the parent company of more than 35 subsidiaries in the following industries: military defense contracting, construction, real estate, environmental and natural resource development, and telecommunications. Calista can be found on Facebook and Twitter.