Deloycheet, Inc. is an Alaska Native Village Corporation that was incorporated in 1974 under Alaska Law and pursuant to the 1971 federal Alaska Native Claims Settlement Act, commonly referred to as (ANCSA). Congress significantly departed from its established federal Indian policy by enacting the Alaska Native Claims Settlement Act (ANCSA). Instead of the reservation system, used extensively in other parts of the U.S, a system of corporate ownership of assets was developed to ensure long-term profitability and financial independence for Native Alaskans.
Deloycheet, Inc. corporate office is located in Holy Cross, Alaska. With over 475 shareholders and a 9 member Board of Directors.
Holy Cross Oil, Inc. is a wholly owned subsidiary of Deloycheet, Inc. Holy Cross Oil, Inc. is certified as an 8(a) company under the Small Business Administration and has a primary NAICS Code of 447190 (Gas and Oil Services).
Holy Cross Oil, Inc.was origininally bought to provide a lower cost of fuel for the residents and owners (shareholders) of Deloycheet and to provide a modest return on sales to the surrounding villages. The fuel company has been managed effectively since acquired and will continue its steady growth rate. The shareholders have tasked the Board of Directors with continued growth and diversity in business to better support its shareholders in the coming years.