Corporate Overview Ninilchik Natives Association, Inc An Alaska Native Village Corporation office ( 907 ) 567-3866 Corporate Overview Ninilchik Natives Association, Inc was incorporated in November of 1972 following the passage of the Alaska Native Claims Settlement Act ( ANCSA ) by congress in 1971. NNAI is owned by a total of 317 shareholders. The corporation's shares are divided into two classes, essentially distinguishing between Native and non-Native shareholders. Class A Common Stock is held bya total of 287 Native Shareholders and Native descendants, representating 18, 894.4528 shares of total stock issued. Class A Common Stockholders are entitled to receive dividends and hold voting rights.