The Tatitlek Corporation continues fast-paced growth: company nearly doubles in size and revenues within the past year.

• Author: Orr, Vanessa
• Position: 2008 Alaska's Top 49ers: North to the Future - Company overview

[ILLUSTRATION OMITTED]

What a difference a year makes. Since ranking No. 48 on Alaska Business Monthly's Top 49ers list last year, the Tatitlek Corp., an Alaska Native village corporation based in Anchorage, AK, has nearly doubled in size. Revenues have increased from $46 million to over $81 million, and the company has expanded into new markets. This year, the Tatitlek Corp. is listed at No. 33 on the Top 49ers list, and there's no sign of the company slowing its ascent anytime soon. "This past year has been exciting and exhausting," said President and CEO Roy Totemoff. "We are relieved to have managed the growth and we are excited to be able to offer our shareholders more opportunity than ever before. Seeing our corporation flourish makes the long hours and extra effort worthwhile.

"Hopefully, we will continue to grow, but not so fast," he added. "Such fast-paced growth has been a challenge for our entire management and project teams. We could not have done this without the hard work and dedication of a core of executives who put in long hours."

While the corporation's primary business asset remains its real estate portfolio, its largest business lines are in the government sector, particularly in pre-deployment training. The corporation is also actively expanding into the food services and facilities-support services businesses, as well as information technology-related fields and a burgeoning sign business.

"While winning larger contracts has made a difference in our growth, it's also important to note our switch from passive to active enterprises," explained Totemoff. "Much of Tatitlek's early revenue came from real estate holdings, but now we're focusing on new construction and remodels; new military and government contracts for role-playing, culture and language education; support services such as food services and transportation logistics; facility management; and, sign design, creation and installation."

[ILLUSTRATION OMITTED]

ENTERING THE WORLD OF MILITARY CONTRACTS

One of Tatitlek's largest projects is its role-playing contract with the U.S. Marines. The corporation, which recently received a five-year renewal of this contract, provides foreign language-speaking role-players, mostly from Iraq and Afghanistan, as well as logistics and support services such as language and culture classes for related training missions. In 2007, the corporation expanded its role-playing efforts for the U.S. Army, and was awarded a five-year contract...