My check is lost or missing, what do I do?

Because checks can be cashed for up to 90 days after issuance, CIRI does not reissue lost or missing checks until the end of the 90-day period. After 90 days, Shareholders can request a replacement check either through Qenek or by completing a Check Reissuance Request Form, which can be found on the Forms & Records page. Upon confirmation that the check is still outstanding (after the 90-day period), a replacement check will be issued.

How do I contact Shareholder Relations?

CIRI Shareholder Relations PO Box 93330 Anchorage, AK 99509-3330 Physical: 725 E Fireweed Ln, Ste 800, Anchorage, AK 99503 Phone: 907-263-5191 / 800-764-2474 (toll-free) Fax: 907-263-5186 Email: shareholderrecords@ciri.com

What prize drawings are there?

CIRI offers many opportunities for Shareholders to win prizes. Some of these opportunities include: Having a current direct deposit instruction on file Accessing Qenek accounts within the last quarter (Shareholders and Descendants) Participate in youth educational incentives (Shareholders and Descendants) Participate in weekly trivia contest Vote your Annual Meeting proxy Receive designated communications electronically ( Greenlink ) In addition, keep an eye out for pop-up prizes from time to time!

Do I have to pay taxes on the money I receive from CIRI?

Funds disbursed through the CIRI Trust are nontaxable and those payments are not reported to the IRS. This includes all distributions and Elders payments approved since September of 2019, as well as Ada Honor payments. For those Shareholders who receive resource revenue payments, prizes or taxable estate settlements, IRS form 1099s will be mailed no later than Jan. 31 of each year.

I’m turning 65 soon, do I qualify for an Elders Distribution?

Only original Shareholders are eligible for Elders Distributions, provided they meet the following criteria: Are living individuals 65 years old or older. Are original CIRI Shareholders. Either own at least one share of CIRI Common Stock or gifted all of their CIRI Common Stock before July 31, 2003. If you are eligible, you are automatically enrolled. If you wish to opt-out of the program, please contact Shareholder Relations. You can opt-in again at any time if you still meet eligibility requirements, though you are not eligible for payments during the time you opted-out.

How can I find out about my tribe?

Having Shareholder status with an ANSCA regional corporation, such as CIRI, or of an ANCSA village corporation does not mean the Shareholder is enrolled to a tribe. Conversely, an individual who is enrolled in a tribe may not necessarily be enrolled as a Shareholder of an ANCSA regional or village corporation. There are several tribes within the Cook Inlet region: Chickaloon Village Traditional Council Kenaitze Indian Tribe Knik Tribal Council Native Village of Eklutna Native Village of Tyonek Ninilchik Traditional Council Salamatof Tribe Seldovia Village Tribe Enrollment rules vary from tribe to tribe. Generally, an individual is most likely to qualify for tribal enrollment in the village where their family comes from, but that is not always the case. Those interested in further exploring tribal enrollment should contact tribes directly to learn about the qualifications and requirements for enrollment. Additional resources: Tribal enrollment information

When will payments be sent?

Shareholder Distributions and Elder Distributions are made in March, June, September and December. 7(j) Resource revenue payments are made to eligible Shareholders in April.

How much will my Shareholder Distribution be?

The CIRI Board of Directors authorizes an annual aggregate contribution to the Distribution Fund of the CIRI Trust, so the CIRI Trust can issue distributions to its beneficiaries, CIRI Shareholders. Shareholders receive four distribution payments per year. The first three distributions are equal to 24% of the total annual amount and the fourth is equal to 28% of the total annual amount. Quarterly payment amounts can be found in Qenek .

Will my blood quantum appear on my CIRI Shareholder or Descendant ID card?

The cards will not specify the Alaska Native blood quantum. If a Certificate of Degree of Indian Blood is needed, Shareholders and Descendants should apply to: Bureau of Indian Affairs 3601 C Street, Suite 1258 Anchorage, Alaska, 99503 Phone: 907-271-4477 Toll-free: 1-800-645-8465 Email: akenrollment@bia.gov Fax: 907-271-4085

Does my address have to be current to get my payments?

Yes. Whether you receive a check or participate in direct deposit, if you do not keep your address updated with CIRI, we may hold your distributions. Any time your address changes you must either update your address in Qenek or send a signed address change request to the Shareholder Relations Department. You must also keep your address updated with the Postal Service to avoid returned mail.

Why does it matter if I have voting rights?

Voting in the annual election of directors and participating in advisory and other votes ensures that your voice is heard in any decision-making process. A Shareholder who inherits CIRI stock must provide proof that he or she is Alaska Native or is of Alaska Native descent before voting stock can be issued. If you are Alaska Native or an Alaska Native Descendant but you hold non-voting shares of CIRI stock, we urge you to provide proof of your Native descent so that your shares can be reissued to carry voting rights. An Alaska Native Descendant is defined as a lineal Descendant of a Native, or an adoptee of a Native or Descendant of a Native whose adoption occurred prior to his or her majority and is recognized at law or in equity. Benefits include your stock carrying voting rights and, in addition to being eligible to vote in CIRI elections and on other CIRI matters, you may serve on CIRI’s participation committee or the board of directors and be eligible for various programs and prize opportunities.

How are resource revenue payments calculated?

Every year, each of the 12 Alaska-based regional corporations contribute 70% of its net resource revenues to a pool of funds. Those total funds are redistributed to each of the regional corporations based on the number of original enrollees to each corporation under ANCSA. Upon receiving its allocation of resource revenue funds, CIRI retains 50% for reinvestment and operating expenses, and 50% is divided among at-large Shareholders and village corporations for those Shareholders holding village-series shares. The amount of the payment is announced late March of each year.

Why should I use direct deposit?

When you participate in the direct deposit program, funds are electronically transmitted to your account on the same day checks are mailed to Shareholders without direct deposit. There is no need to wait until your check arrives in the mail, and no need to make a trip to the bank.

How can I get a CIRI ID card?

If you are a new Shareholder or Descendant, you will automatically receive a CIRI ID card. If you have had a name change, a date of birth correction or a change in your voting rights, you will automatically receive a CIRI ID card. ID cards are mailed on a quarterly basis. If you have lost or damaged your card and need a replacement, you can request a new card through Qenek or by contacting Shareholder Relations.

How do I update my direct deposit?

You can establish or update your direct deposit by filling out the Authorization for Direct Deposit Form ; attaching proof of account ownership (such as a preprinted voided check, deposit slip, bank statement or letter from your financial institution confirming the designated account); and returning the form and proof of account ownership to the Shareholder Relations Department.

Shareholder FAQs

Common Shareholder Questions

We’ve compiled answers to the most common questions about Shareholder distributions, direct deposit, taxes and other account management topics. If you don’t find what you’re looking for, please contact CIRI Shareholder Relations at (907) 263-5191 or shareholderrecords@ciri.com for assistance.

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Shareholder FAQs

Common Shareholder Questions