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AKIPTAN INC

EAGLE BUTTE, SDEIN: 82-3541909Website

Data sourced from IRS 990 public filings

AKIPTAN INC Akiptan (AH-KEEP-TAHN) is the Lakota word for together, in a joint effort, cooperatively.Akiptan's mission is to transform Native agriculture and food economies by delivering creative capital, leading paradigm changes, and enhancing producer prosperity across Indian Country.Learn About Akiptan ABOUT OUR PROGRAMSAkiptan is a Native American Community Development Financial Institution (CDFI) that provides loans and technical assistance to agriculture producers across Indian Country. Akiptan offers a whole suite of services that include financing youth, start ups, operating costs and ownership. Our CDFI takes it a step further and works with the client to assist with technical support as well as provide financial literacy training to help create a knowledgeable borrower.Akiptan continues to have a record demand of applications and while this means that our style of financing and technical assistance is needed, it is also generating a longer waiting period during the application process. However, our staff is doing the best that they can to process all applications in a timely manner, while also making sure that borrowers continue to receive proper technical assistance and beneficial financing. Please know that the timeline is currently a few months out from application submission to the Loan Committee for review. If you have concerns about the timeline of your application, please reach out to your loan officer or email us at info@akiptan.org.Edit YOUTH LOAN & INVESTMENTYouth agriculture producers in Indian country are able to get a Loan or Investment through Akiptan that allows for the younger generations to start to grow their agriculture Operation.Read More User GENERAL LOAN & INVESTMENTThe Ownership and Operating Loan/Investment allows for operators to borrow up to $500,000 in order to build capacity for their operation. Read More SUCCESS STORIESRead about the successes of our clients and how they've been able to set themselves up for financial security.Read More LOAN VS INVESTMENTAkiptan, being a Native CDFI, has the unique ability to develop loan programs that can truly benefit agriculture producers across Indian country. Akiptan is able to provide a traditional loan where a certain amount of money is borrowed and repaid back over several years. But, Akiptan is also able to provide a loan that allows for upfront capacity growth by “Investing” in your operation with an interest only payment option for several years before repaying the principal. This is what Akiptan calls the "Interest Only Option."​ ​READ MORE >>TECHNICAL ASSISTANCEAkiptan provides ongoing technical assistance to clients throughout the loan process so that client's can be successful in their operations. Technical assistance takes the business relationship far beyond just a lender and a borrower. With the technical assistance, the lender is not only providing financial advice, but also learning how the client operates. The borrower is not just receiving funds, but also learning on how he/she/they can diversify their operation and/or learn how to do things differently. “There’s no way we’d be able to do what we did without Akiptan, there’s something to be said about their customer service, in addition to the financial support. You can get real feedback about your ideas in an honest way, and they check in with you throughout the year because they care about your success”- Justine Kougl - Montana Ranch Beef

Rural Development
Local (City/County Level)
National
Workforce & Economic Opportunity
Racial/Ethnic Minorities
Rural Communities
Direct Service Delivery
Immigrants & Refugees

Annual Revenue

$9,671,787

Known Funders

15

Grants Received

21

Financial History

YearRevenueExpensesAssets
2024$9,671,787$2,818,243$36,985,159
2023$5,692,103$2,310,913$26,940,042
2022$5,427,614$1,263,819$18,998,065
2021$6,864,410$686,926$12,395,517
2020$1,082,240$267,464$5,409,704
2019$3,064,005$213,757$2,865,948

Top Funders

$500,000 (2023)
$274,738 (2023)
WK Kellogg Foundation

Battle Creek, MI

$250,000 (2022)
$200,000 (2024)
IMPACTASSETSINC

BETHESDA, MD

$150,000 (2023)
$150,000 (2022)
CLIF FAMILY FOUNDATION

Saint Helena, CA

$150,000 (2024)
$125,000 (2024)
$125,000 (2023)
$109,000 (2021)

Showing top 10 of 15 funders.

Key Personnel

From 2024 IRS 990 filing

L

LAKOTA VOGEL

TREASURER

Officer
L

LACEY SWAYNE

BOARD MEMBER

S

STACEY LEEDS

BOARD MEMBER

T

TRENTON KISSEE

BOARD MEMBER

P

PADGLEY GONZALES

BOARD MEMBER

H

HARLAN BEAULIEU

BOARD CHAIR

Officer
T

TOMIE PETERSON

PAST BOARD C

Officer
Z

ZACH ILBERY

BOARD MEMBER

C

CHRIS BEYERHELM

VICE CHAIR

Officer
S

SKYA DUCHENEAUX

EXECUTIVE DI

Officer

Frequently Asked Questions

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