Calista named No. 10 Top 49er in Alaska
Calista Corporation
Calista programs put interns into businesses, like these at Yulista Aviation, to get hands-on experience in various fields of endeavor.
With 2011 revenues at a corporate record over $300 million, Calista Corporation jumped four spots to number 10 among the top 49 Alaskan-owned businesses. The announcement was made Oct. 3 at the annual Top 49ers luncheon is co-sponsored by Alaska Business Monthly magazine and the Alaska State Chamber of Commerce. The two organizations rate Alaskan businesses based on gross revenue for 2011.
A banner year for Calista, revenue grew nearly $70 million from 2010. At the Top 49ers luncheon last year, Calista was ranked at number 14, with revenues of over $230 million.
Calista continues to fulfill its ANCSA obligations in a variety of ways. Since inception, shareholder dividends and distributions have totaled more than $17.4 million. Of that amount, more than $1.8 million has been provided in the form of special elder distributions, which was voted on and approved as an advisory resolution at the 2007 annual meeting of shareholders. More than 46 percent of the total distributions have taken place in the last two years alone.
Calista is also fulfilling its commitment to educating future leaders, and more than $3.2 million in scholarships has been provided to shareholders and descendants since inception. The scholarships from the last two years accounts for more than 20 percent of that total.
Additionally, the number of interns within Calista and its families of companies has grown significantly. In 2007, there were two interns but this year 14 interns received valuable on-the-job experience within Calista and its subsidiaries.