Tlingit Haida Tribal Business Corporation Central Council’s Executive Council formed the Tlingit Haida Tribal Business Corporation (THTBC) in 2010 as a vehicle to generate revenue for the Tribe. THTBC is a legal entity structured as a holding company and is organized, incorporated, and federally chartered under the laws of the United States.
Richard Rinehart Chief Executive Officer
THTBC Board Richard Peterson (Chair) William Micklin Morgan Howard Leilani Wilson-Walkush
THTBC’s subsidiary and limited liability company (LLC), T&H Services, operates facility support services in Washington (Executive Green Clean) and Alaska. THTBC’s marketing advantage is achieved through obtaining certifications with companies who are interested in doing business with minority-owned companies. Other competitive advantages include tribal tax exemption and tribal sovereign immunity. For 2015, THTBC projected $800,830 in revenue with no additional acquisitions and an operating loss of $31,105. Actual revenue was $700,875 with a total loss of $131,976— an increase of over $434,207 in revenue and a decrease in loss of $16,437 from 2014. Although THTBC originally planned to expand into landscape, and the Anchorage and Juneau markets, efforts were focused instead on the acquisition strategy approved at last year’s Tribal Assembly.
2015 Highlights • Secured 8(a) certification through the Small Business Administration’s 8(a) program, which permits enterprises owned by federally recognized tribes, Alaska Native corporations, and Native Hawaiian organizations to compete in the American economy and access the federal procurement market. • Obtained National Minority Supplier Development Council MBE status.
“Promoting economic and business development through enterprise and joint ventures.”
21
• Collaborated with the Tribe to put tribal citizens to work through the Employment and Training department's On-the-Job Training program.
2016 Goals • Secure strategic acquisition of an established federal contractor to increase revenue through 8(a) contracts. • Obtain Historically Underutilized Business Zones (HUBZone) certification, which helps small businesses in urban and rural communities gain preferential access to federal procurement opportunities.