News

Goldbelt, Inc. Reports 2020 Election Results, Record Profitability for 2019 Annual Meeting

The 46th Annual Meeting of Goldbelt Shareholders was held on July 11, 2020 via webcast from Juneau, Alaska. While traditionally the corporation has held an in-person event, the corporation chose to hold this year’s annual meeting virtually in response to the COVID-19 pandemic and in order to ensure the safety of shareholders, staff, and guests.

At the meeting, three directors concluded their terms: Andrea Cadiente-Laiti, Lori Grant, and Leilani Wilson Walkush. Director Cadiente-Laiti chose not to seek re-election after serving for 21 years. Those Directors elected today will each serve a three-year term that will expire in 2023. Craig Kahklen will be joining the Goldbelt Board of Directors to serve his first term, while Lori Grant and Leilani Wilson Walkush will continue serving in their third and second terms, respectively. Goldbelt also announced record performance for the 2019 financial year.

“On behalf of the Board and Management, we are incredibly proud of everything that Goldbelt accomplished last year, and all the goals that we continue to reach in the current year,” said Goldbelt Board Chair Todd Antioquia. “The board remains committed to making strategic and informed decisions to successfully guide the corporation despite the challenges and changing landscape presented by the current climate. We warmly welcome our new board members and look forward to working closely with them in the coming days.”

All three elected directors were sworn in during the Annual Meeting, with their terms beginning effective immediately. Eleven shareholders ran for the board of directors in 2020. 74.7% of voting shares were represented during this year’s election, with a quorum reached on June 5, 2020.

Continuing directors include William Andrews, Todd Antioquia, Richard A. Beasley, Benjamin Coronell, Katherine Eldemar, and Lisa-Marie Ikonomov. Immediately following the Annual Meeting, the board met for a reorganization meeting. Todd Antioquia will serve as Chair, Leilani Wilson Walkush as Vice-Chair, Richard A. Beasley as Treasurer, and Lisa-Marie Ikonomov as Corporate Secretary.

“We are thankful to each and every shareholder for their participation, engagement, and continued support of Goldbelt and its business,” said Chairman Antioquia. “We look forward to continuing to serve you with diligence, transparency, and respect for our traditional values.”

Goldbelt management reported outstanding financial performance for 2019 during the meeting, with total revenue exceeding $240 million and $10.22 million in net income.

Shareholders received a dividend of $5.50/share, the largest dividend distributed from Goldbelt profits in history.

“2019 represented an incredible year for Goldbelt,” said McHugh Pierre, Goldbelt President & CEO. “Our financial performance was record-breaking, an accomplishment that was made possible through the hard work and cooperation of our board, leadership team, and employees across all Goldbelt businesses. Focusing on high-skill, high-margin work has allowed Goldbelt to grow, driving business that is both profitable and meets our model and vision for the future.”

Message from the Chair and CEO - COVID-19 Response

Dear shareholders,

The Goldbelt board of directors and executive management team have been closely monitoring the situation with the COVID-19 coronavirus outbreak. We share your concern for potential impacts to our community. The health and safety of our shareholders, especially our precious elders and youth, is our top priority. Acting with an abundance of caution and care, the Goldbelt board of directors has decided to postpone the Juneau Shareholder Opportunity Meeting until further notice. The meeting was scheduled to take place on Sunday, March 15.

As of today, no cases of COVID-19 have been identified in Alaska. However, Goldbelt is taking preventative action and exercising all precautions recommended by public health experts. We encourage Goldbelt shareholders and their families to do the same.

At this time, we ask that shareholders use their best judgment when planning to visit the Goldbelt corporate office, and respectfully request that any shareholders or community members that are ill avoid office visits. The Goldbelt corporate office remains open for the time being; however, we recognize the situation may change quickly, and have contingency plans for staffing and support in place should the need arise. You are always welcome to call Goldbelt at (907) 790-4990 or 1 (800) 770-5866 if you have questions and there is an abundance of information for shareholders online at Goldbelt.com and at MyGoldbelt.com.

Goldbelt has formed an internal COVID-19 response committee, which will continue to monitor the situation and advise the Goldbelt board of directors on further developments. We will keep our health and safety protocols updated based on guidance from the World Health Organization and other public health authorities.

It is our hope that taking these measures to keep the safety of our shareholders, employees, and their families as a priority will help our community to stay healthy, and minimize the impacts of this critical issue.

Gunalchéesh,

Todd Antioquia - Chairman of the Board

McHugh Pierre - President & CEO

Website Redesign

Introduction

Goldbelt Inc. has initiated a Request for Proposal (RFP) process to identify a vendor qualified to plan, execute and deliver the redesign of Goldbelt Inc. and its subsidiary web sites.

Goldbelt Inc. requires a vendor who has demonstrated experience in managing multiple inter-related web site projects and expertise with best practices regarding successful web site design, development, and deployment.

About Goldbelt Inc.

Goldbelt, Incorporated is an urban Alaska Native, for‐profit corporation headquartered in Juneau, Alaska. Incorporated on January 4, 1974 following the Alaska Native Claims Settlement Act (ANCSA), Goldbelt’s primary mission is to manage assets and conduct business for the benefit of its more than 3,800 shareholders.

Project Background

Goldbelt Inc. has a website created approximately five years ago which consists of largely static web content published using Drupal 7.  The web sites are developed using both a custom template and a collection of commercially available templates.  Some refresh work has occurred in the last five years; however, all the web sites will be refreshed through this effort.

Subsidiary web site design and structure are largely standardized; however, there are some variations, especially for different business verticals (i.e., information technology, construction).

Specific web sites include:

Goldbelt.com – http://www.goldbelt.com

  Global Business Operations – http://enterprise.goldbelt.com

  Shareholders Portal – http://shareholders.goldbelt.com

Capitol Area Group

  Goldbelt Glacier Health Services – http://www.gbg-hs.com

  Goldbelt Frontier – http://www.goldbeltfrontier.com

  Nisga’a Data Systems – http://www.ndsystems.com

  Nisga’a TEK – http://www.nisgaatek.com

Construction Group

  Facility Support Services – http://www.gbfss.com

  Goldbelt Operations Support Services – http://www.gboss.us

  Goldbelt Specialty Services – http://www.gbss.us

Technology Group

  Goldbelt Hawk – http://www.gbhawk.com

  Peregrine Technical Solutions – http://www.gbpts.com

  Goldbelt Falcon – http://www.goldbeltfalcon.com

  Goldbelt C6 – http://www.goldbeltc6.com

  Goldbelt Raven – http://www.goldbeltraven.com

  Lifesource Biomedical – http://www.lifesourcemedicalsolutions.com

  Goldbelt Security – http://www.goldbeltsecurity.com

  Goldbelt Wolf – http://www.goldbeltwolf.com

  CP Leasing – http://www.cpleasing.com

Alaska Operations Group

  Goldbelt Mount Roberts Aerial Tramway – http://www.mountrobertstramway.com

  Goldbelt Transportation – No web site currently available

  CP Marine – No web site currently available

  Goldbelt Seadrome Marina - http://enterprise.goldbelt.com/seadrome-marina

Other

  Goldbelt Ancestral Trust – http://www.goldbeltancestraltrust.org/

Current Usage/Website Statistics

Google Analytics are presently used to monitor web site performance and visitor metrics.  Goldbelt desires to continue to use Google Analytics into the future.

Project Goals

Our goals are:

  • New look and feel using current design styles and methods
  • Modern professional look
  • Address issues of usability and Section 508 accessibility
  • Improved navigation including between web properties
  • Responsive design (including available and navigable, by any device)
  • Improve Search Engine Optimization (SEO)
  • Develop naming conventions and rules (e.g., event types, roles & responsibilities, permissions, etc.)
  • Improve keyword search capability
  • Enable means for designated individuals with specific roles within Goldbelt (non-programmers) to update appropriate sections, generate reports, send Goldbelt sourced email, etc.)
  • Create an employee portal
  • Develop a methodology to address businesses that have been terminated to continue to leverage goodwill into the future

Submission Deadline and Completion Date

Bids will be submitted by Friday, September 13, 2019

Work will be completed by Friday, January 3, 2020

 Proposal Submission

Firms wishing to submit proposals should do so by no later than 3:00pm, September 13, 2019 by submitting two copies of the proposal and any company brochures, pamphlets and/or materials indicating the firm’s qualifications to Goldbelt Inc., Information Department, 3025 Clinton Drive, Juneau AK 99801.

Questions concerning this RFP may be directed to Ben Johnson at 907-790-1450, or by email at: Ben.Johnson@goldbelt.com

Goldbelt Wins GSA 8(a) STARS II Contract Award

For Immediate Release                                                                                                         

Juneau, Alaska – Goldbelt, Incorporated is pleased to announce it has been selected by the GSA to perform work under the 8(a) STARS II contract. The 8(a) STARS II contract is designed to provide simple to complex IT solutions for the Federal Government such as: IT help desk support, information assurance, cyber-security, virtualization, IPVS, Web 2.0, and more. The performance period is five years with one five-year extension. The ceiling over 10 years of work for this contract is $10 billion.

 

The Goldbelt family of companies that will work on this contract include Hawk, C6, Peregrine Technical Solutions, and Nisga’a Data Systems.

 

“We are excited to be recognized as a premier service and products provider by our clients,” Chuck Wimberly, President and CEO of Goldbelt, said. “This is the largest contract Goldbelt has competed for and won. We are ready to continue exceeding the expectations of our customers and growing our business.”

 

Federal agencies can leverage the STARS II contract for services in the following functional areas: Custom Computer Programming, Computer Systems Design, Computer Facilities Management, and Other Computer Related Services. The 8(a) STARS II allows for 8(a) socioeconomic credit transferrable to the agency, pre-competed, easy-to-use contracting, with access to proven 8(a) small business technology providers. It has shortened procurement lead times and a lower user access fee (0.75 percent) built into contractors’ ceiling prices.

 

Goldbelt has 21 operating units doing business in all 50 states and holds more than 30,000 acres of land in Southeast Alaska. The company sells goods and services in the transportation, internet technology, construction, tourism, and other industries.

 

Headquartered in Juneau, Goldbelt, Inc. has more than 3,600 shareholders and was established under the Alaska Native Claims Settlement Act.  

 

To View Official Document

Lands

Goldbelt is named after a richly mineralized zone in Southeast Alaska that encompasses the corporation’s land holdings encompasses approximately 33,000 acres of land.

After the passage of ANCSA in 1971, the corporation selected 33,000 acres of lands initially chosen for timber and strategic value.  Goldbelt’s land holdings include: 

Hobart Bay—Goldbelt owns approximately 30,000 acres of land in and around Hobart Bay which is located on the mainland about 70 miles south of Juneau. Logging ended in 1999. With abundant regrowth of young spruce and hemlock trees, Goldbelt has been actively commercial thinning to promote a health forest regrowth.

Goldbelt is also in the experimental stages in aqua farming exploration and has planted 80,000 geoduck (gooy duck)  seed. Geoduck is a large long-neck clam that’s popular in Asian markets.

Echo Cove – Goldbelt owns approximately 1,400 acres of land completely surrounding Echo Cove with the exception of 5.5 acres traded to the City & Borough of Juneau for use as a launch ramp and parking area. Echo Cove is located 40 miles north of Juneau at the end of the paved road and is one of the more beautiful areas in the area. In 2013, the extension of the Glacier Highway was dedicated. Goldbelt continues to work on plans for the development of a marine facility at Cascade Point—just north of Echo Cove—that will be used for transportation of mine workers across Berners Bay. Moreover, we expect a road will eventually be built out of Juneau and that will provide many more opportunities.

West Douglas – Goldbelt owns approximately 1,600 acres of coastal lands on the west side of Douglas Island from Outer Point to south of Point Hilda. The City & Borough of Juneau is currently applying for an Army Corps of Engineering Permit to build a pioneer road that will eventually extend the North Douglas Highway and opening up new areas for future development and wilderness recreation. 

Goldbelt, Incorporated is an urban Alaska Native, for‐profit corporation headquartered in Juneau, Alaska. Incorporated on January 4, 1974 as a result of the Alaska Native Claims Settlement Act (ANCSA), Goldbelt's primary purpose is to manage assets and conduct business for the benefit of its more than 3,600 shareholders.

Contact Us

  • Corporate Headquarters:
    3025 Clinton Drive
    Juneau, AK 99801
  • (907) 790-4990 / (800) 770-5866
  • Herndon Office:
    13900 Lincoln Park Drive Suite 140
    Herndon, VA 20171
  • (703) 871-2091
  • info@goldbelt.com