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Akiptan Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 823541909 ✦ Eagle butte, SD ✦ Designated as a 501(c)(3)

Overview

What is Akiptan Inc?

Akiptan Inc, based in Eagle Butte, South Dakota, is a nonprofit organization dedicated to revolutionizing investment in agricultural pursuits within Indian Country. With a focus on showcasing the advantages of innovative strategies, Akiptan aims to serve as a pioneer, encouraging other lenders to invest in the credit-starved areas of Indian Country. Their mission is to transform the investment paradigm in Indian Country's agriculture and food systems, ultimately contributing to sustainable growth and development. Akiptan Inc employs a team of 12 individuals to drive this impactful change.


Official website here: www.akiptan.org

Is Akiptan Inc legitimate?

Akiptan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Akiptan Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $111,085
Professional Fundraising Fees: $0
Other Salaries and Wages: $330,242

For more financial information, click here


Official website here: www.akiptan.org

What is the mission statement of Akiptan Inc?

Akiptan Inc's mission is to revolutionize investment in agriculture and food systems within Indian Country. By serving as a conduit for financial backing, Akiptan aims to demonstrate the success of innovative strategies in this field. By leading other lenders into the credit deserts of Indian Country, Akiptan intends to change the paradigm of investment in agriculture, ultimately benefiting the community. The organization is committed to proving the positive impacts of these innovative strategies, with the ultimate goal of encouraging broader investment in this sector.


Official website here: www.akiptan.org

Who is the CEO of Akiptan Inc?

Tomie Peterson is the Board Chair of Akiptan Inc.


Official website here: www.akiptan.org

What is the revenue of Akiptan Inc?

Akiptan Inc's revenue in 2022 was $5,427,614.


Official website here: www.akiptan.org

Who are the executives of Akiptan Inc and what are their salaries?

The average compensation at Akiptan Inc during 2022 was $36,777. There are 12 employees at Akiptan Inc.

Here are 9 key members and their salaries:

    Skya Ducheneaux (Executive Di)
  • Compensation: $111,085
  • Related: $0
  • Other: $20,401

    • Chris Beyerhelm (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harlan Beylieu (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zach Ilbery (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacy Leeds (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anita Matt (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Mccuen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tomie Peterson (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lakota Vogel (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.akiptan.org

    Where can I find the form 990 for Akiptan Inc?

    The Akiptan Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.akiptan.org

    Learn more at the official website: www.akiptan.org

    Mission Statement of Akiptan Inc

    Akiptan Inc, a nonprofit organization, is committed to revolutionizing investment in agriculture and food systems within Indian Country. Their mission is to challenge and transform the existing paradigm of financing in this sector. By demonstrating the effectiveness of innovative investment strategies, Akiptan serves as a catalyst, encouraging other lenders to venture into the credit-starved regions of Indian Country.

    Impact

    This information is meant to be a general summary of Akiptan Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Akiptan Inc is playing a crucial role in transforming the investment landscape in Indian Country agriculture and food systems. By pioneering innovative strategies and serving as a conduit for investment in agricultural ventures, Akiptan is not only driving positive change but also inspiring other lenders to follow suit. Their impact extends beyond mere financial transactions, as they are actively working to address credit deserts in Indian Country and showcase the immense potential for growth and development in this sector. Through their dedicated efforts, Akiptan is reshaping the opportunities available to Native American communities and paving the way for a more sustainable and prosperous future.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,019
  • Program Service Revenue: $462,170
  • Gross Receipts: $5,427,614

    • Assets and Liabilities:
  • Total Assets: $18,998,065
  • Total Liabilities: $4,992,257
  • Net Assets: $14,005,808
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOAN INTEREST

    Revenue

    $356,727

    BAD DEBT COLLECTION

    Revenue

    $62,723

    CONTRACT INCOME

    Revenue

    $42,720

    Organization Details

    Founding Year

    2017

    Principal Officer

    Tomie Peterson

    Main Address

    PO BOX 858 412 S MAIN ST SUITE E, EAGLE BUTTE, SD, 57625

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Akiptan Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.