2022 Annual Report in Review
Thursday, May 4, 2023

At Sealaska, our work creates possibility for generations to come. This year’s annual report was centered around the endless possibilities to come in our next 50 years — and beyond. No matter the challenges our people may face, Sealaska remains dedicated to serving you and future generations of our descendants. We are committed to providing shareholder benefits and continue to focus on shareholder priorities even as we grow our businesses around a vision of healthy oceans, restoring much-needed balance to our planet. 

This vision isn’t just a beautiful dream — it’s good for business, too. Sealaska’s businesses continued to grow income and cash flow in 2022, despite economic challenges, inflationary pressures and the impact of the war in the Ukraine on supply chains. However, these worldwide economic events did negatively affect stock and bond markets, resulting in a large decline in investment income for Sealaska, which had a significant impact on our overall 2022 results.  

This decline in income Sealaska faced in 2022 stems from two sources we believe to be one-off events — impacts that we won’t continue to see year after year. The first of these factors is a drop in investment income based on the year’s negative investment market environment. During 2022, our overall investment portfolio, which started the year at $372 million, lost $15 million. The other is the one-year absence of income from carbon credit sales, which has been a significant contributor to Sealaska’s income over the past five years. Sealaska believes carbon credit income to be a positive long-term income source, and we forecast the return of carbon income in 2023 and for years to come. Together, these two atypical financial circumstances resulted in the bulk of the decline of Sealaska’s 2022 net income in comparison to 2021. And we have already begun to recover.  

We have faced challenges before, and we will again. Together as people, we are the living embodiment of thousands of years of growth, knowledge and love. We are all intertwined, through ancestors and place, culture and language, yesterday and tomorrow. And we will continue to forge a vibrant future — for the planet, for our communities and for our people. 

The 2022 Annual Report is now available — please visit https://mysealaska.com/Services/AnnualReports to learn more. 


Latest News


Sealaska Supports the Rebuilding of Sheet’ká Clan House

Posted 4/29/2025
KETCHIKAN, Alaska, April 29, 2025 — Sealaska’s board of directors has approved funding for the reconstruction of the traditional clan house for the Kiks.ádi people of the X’aaká Hít (Point House), on their recently repatriated land in the Sitka Indian Village. This will be the first clan house to be rebuilt in Southeast Alaska in the 21st century. Where there were once 43 active clan houses… Source

Sealaska April Board Meeting Recap

Posted 4/21/2025
Gunalchéesh to those who were able to attend our April 9 Community Business and Shareholder Information Meeting in beloved Ḵaachx̱an.áak’w. Our booths were filled with the great smiles of over 74 shareholders and their families attending. During the event, shareholders had the opportunity to learn about Sealaska’s businesses, engage with Sealaska leadership — including the full board — and enjoy… Source

Sealaska Announces Spring 2025 Distribution of $17.7 Million

Posted 4/11/2025
Sealaska is announcing a Spring 2025 distribution totaling $17.7 million to be issued to shareholders on Thursday, April 17. Sealaska’s board of directors approved the distribution at a meeting held this Friday, April 11. The upcoming distribution includes dividends totaling $2.9 million from Sealaska’s operations, $3.3 million from the Marjorie V. Young (MVY) Shareholder Permanent Fund and… Source

Sealaska Spring 2025 Distribution Date Announced

Posted 3/20/2025
The Sealaska Board of Directors will meet on Friday, April 11, 2025, to approve the amount for Sealaska’s upcoming distribution. Please review the following key dates and complete necessary actions to ensure a seamless distribution. DISTRIBUTION AMOUNT DETERMINED — Friday, April 11, 2025 On April 11, the Board of Directors will meet to determine the distribution amount. Source

Sealaska secures historic conveyance of Redoubt Bay Village

Posted 3/10/2025
BLM finalizes transfer of culturally significant Ḵunáa site after nearly 50 years Sealaska Corporation announced the successful conveyance of the Redoubt Bay Village (Ḵunáa) historical site from the Bureau of Land Management (BLM), marking the culmination of a nearly 50-year effort to secure this culturally significant land under Alaska Native stewardship. The 10.54-acre site… Source