The Eyak

What The Eyak does

The Eyak Corporation (TEC) is an Alaska Native Village Corporation formed on July 25, 1973, under the Alaska Native Claims Settlement Act (ANCSA), serving as the village corporation for Cordova, Alaska, within the Chugach region. The corporation is owned by its Alaska Native shareholders (636 as of January 1, 2024, up from 326 original shareholders, the majority of Aleut descent) and operates under a mission to return financial benefits to present and future shareholders while protecting ANCSA lands (148,730 acres) and Native cultural heritage.

TEC's primary commercial activity is federal government contracting through its subsidiary complex, which delivers project management, construction, facility staffing, cyber security, land mobile radio infrastructure, medical services, and base information technology support solutions to DoD and civilian federal agencies. The corporation has been engaged in government contracting since 1991. Beyond the federal contracting core, TEC maintains a diversified investment portfolio — including ownership interests in Native American Bank (acquired 2011), Baxter Senior Living LLC (assisted living/memory care development in Anchorage), and Heather's Choice (Alaska-sourced dehydrated backpacking food) — alongside ANCSA land management activities spanning timber, resource management, and public access permits.

The corporate structure includes wholly owned operating subsidiary The aEonian Group, LLC, and trust entities established for shareholder benefit: the Eyak Permanent Fund Settlement Trust (1998) for perpetual distributions and the Eyak Benefits Trust (2019). Since inception, the corporation and its Alaska Native Settlement Trust have paid $39.7 million in total distributions and dividends to shareholders. Governance is provided by a shareholder-elected Board of Directors, with current executive leadership including CEO Thomas Mack (appointed March 1, 2022, following a seventeen-year CEO tenure by Rod Worl), COO Daniel Fenza (appointed July 31, 2025), President Nancy Barnes, and VP of Business Growth and Development Dawn Monroe (appointed September 12, 2023).

Name

The Eyak

Legal name

The Eyak Corporation

Website

https://eyakcorporation.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

The Eyak Corporation is an Alaska Native Village Corporation formed in 1973 under ANCSA, serving Cordova-area Alaska Native shareholders through federal government contracting (cyber security, IT, medical, infrastructure) and diversified investments across banking, elder housing, and consumer products.

Ownership category

akta.pro rank

Headquarters

HQ city

Anchorage

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Others

Revenue model

1. Federal Government Contracting: TEC subsidiaries provide services to federal government agencies including cyber security, land mobile radio infrastructure, medical services, and base IT support solutions. Government contracting is a significant income stream.
2. Investment Income: Diversified investments in entities aligned with mission including Native American Bank (acquired 2011), Baxter Senior Living LLC (assisted living facility in Anchorage), and Heather's Choice (dehydrated backpacking food company).
3. Land Management: 148,730 acres of ANCSA lands provide economic opportunities through timber, resource management, and public access permit programs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

The Eyak Corporation provides project management, construction, and facility staffing services through its family of subsidiary companies to federal government clients. Core service lines include cyber security, land mobile radio infrastructure, medical services, and base information technology support solutions. The corporation also generates revenue from ANCSA land management, timber/resource operations, and diversified investments aligned with its mission to serve Alaska Native shareholders.

Product overview

The Eyak Corporation operates as a services and government contracting company rather than a software product company. The company and its family of subsidiaries provide project management, construction, and facility staffing services to federal government clients. Their portfolio includes multiple subsidiaries offering diverse capabilities including cyber security services, land mobile radio infrastructure, medical services, and base information technology support solutions. The company also maintains strategic investments in entities aligned with its mission, including Native American Bank and Baxter Senior Living, though these are investment holdings rather than product offerings. The corporation serves as the village corporation for Cordova, Alaska, and focuses on returning financial benefits to shareholders through economic development and asset growth.

Differentiator

Problem solved

Functional benefit

Products and services

• Federal Government Contracting Services Project management, construction, and facility staffing services delivered by TEC subsidiaries to federal agencies, including cyber security, land mobile radio infrastructure, medical services, and base information technology support solutions.
• ANCSA Land and Resource Management

Quantifiable outcome

• $39.7 million in total distributions and dividends to shareholders since inception

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Native Village of EyakcoreStrategic or Co-development Partner · 14 April 2020TEC partnered with Native Village of Eyak and Cordova Community Medical Center to provide $200,000 in financial assistance for COVID-19 relief, with funds supporting equipment and critical needs for local clinics.
• Cordova Community Medical CentercoreStrategic or Co-development Partner · 14 April 2020TEC partnered with Native Village of Eyak and Cordova Community Medical Center to provide $200,000 in financial assistance for COVID-19 relief, with funds supporting equipment and critical needs for the local medical center.
• Baxter Senior Living LLCcoreStrategic or Co-development Partner · 1 January 2017TEC invested in Baxter Senior Living LLC, which is developing an assisted living/memory care facility in Anchorage. The facility addresses the underserved elder housing market in Alaska while providing hiring preference for qualified TEC shareholders.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• NANA Regional Corporation: Alaska Native Regional Corporation providing federal contracting, engineering, construction, and IT services. Operates similar government services subsidiaries and is directly comparable to TEC in scale, customer base, and ANCSA-driven business model.
• Sealaska Corporation: Alaska Native Regional Corporation with federal contracting, timber, seafood, and investment operations. Comparable to TEC as an ANCSA regional entity balancing government services, resource management, and diversified investments for shareholder benefit.
• Arctic Slope Regional Corporation: Major Alaska Native Regional Corporation with significant federal contracting operations in IT, energy, government services, and construction. Direct peer to TEC in ANCSA structure, federal contracting portfolio, and diversified holdings.
• Chugach Alaska Corporation: Anchorage-based Alaska Native Regional Corporation in the same Chugach region as TEC. Provides federal contracting (IT, facilities, construction), land management, and investment services under the ANCSA framework, with a similar diversified business model.
• Cook Inlet Region, Inc. (CIRI): One of the largest Alaska Native Regional Corporations, providing federal contracting, real estate, energy, and investment services. Comparable to TEC in ANCSA-based structure, federal contracting focus, and diversified investment holdings serving Alaska Native shareholders.
• Doyon, Limited: One of the largest Alaska Native Regional Corporations, providing federal contracting, oilfield services, IT, and government services. Direct peer to TEC in ANCSA structure, federal services portfolio, and land/resource holdings.
• Bristol Bay Native Corporation: Alaska Native Regional Corporation providing federal contracting, government services, and investment operations. Directly comparable to TEC as an ANCSA corporation serving Alaska Native shareholders with a similar mix of government services and diversified holdings.
• Bering Straits Native Corporation: Alaska Native Regional Corporation providing federal IT, construction, logistics, and government services. Direct peer to TEC in ANCSA structure, federal contracting capabilities, and diversified business model.
• Koniag, Inc. Alaska Native Regional Corporation providing federal contracting, government services, and diversified investments. Comparable to TEC as an ANCSA entity with similar structure, shareholder base, and mix of government services and strategic investments.
• The Aleut Corporation: Alaska Native Regional Corporation for the Aleut region and the most direct structural peer to TEC. CEO Thomas Mack previously led Aleut to $273M with 31 subsidiaries, and both organizations provide federal contracting, construction, and diversified investment services under the ANCSA framework.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/eyak-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Eyak