Arctic Slope Regional Corporation’s mission is to actively manage our businesses, our lands and resources, our investments and our relationships to enhance Iñupiaq cultural and economic freedom – with continuity, responsibility and integrity.
ASRC is a private, for-profit corporation that is owned by and represents the business interests of its approximately 13,000 Iñupiat shareholders in the villages of Point Hope, Point Lay, Wainwright, Atqasuk, Utqiaġvik, Nuiqsut, Kaktovik and Anaktuvuk Pass.
The corporation owns title to nearly 5 million acres of land on Alaska’s North Slope, which contain a high potential for oil, gas, coal and base metal sulfides. As a steward of the land, the corporation continuously strives to balance management of cultural resources with management of natural resources.
Consistent with the goals of ANCSA, ASRC’s earnings are employed for the benefit of its shareholders and, since inception, ASRC has distributed more than $1 billion in dividends directly to them.