Abyssinian Cultural Building Corporation
City-funded organization
Abyssinian Cultural Building Corporation is a nonprofit real estate entity (EIN 13-4149284) tied to Harlem's Abyssinian Baptist Church community development network. ProPublica's Nonprofit Explorer shows Form 990 data on file for this EIN through fiscal year 2011, with about $30 million in total assets and $1.6 million in revenue that year, a financial profile consistent with an entity that owns an income producing building. Its single registered city contract, a "Lease Premises" agreement with the Department of Education on the books since 2004, is valued at $38 million, all of it (100% of contract value) awarded through a negotiated real-property agreement rather than a competitive bid; $19 million has been paid to date.
- City contracts (active)
- $37,997,706 · 1 contract
- Awarded all-time
- $37,997,706 · 1 since 2004, incl. expired
- Paid to date
- $19,248,885
- Won without a fresh bid
- 100% of contract value · $37,997,706 · 1 contract
Holds contracts at
- Department of Education City agency
City contracts
Registered city contracts, largest first by current contract value (not amount spent): running now, then registered to start later, then ended. Totals count every registered contract. Each line shows its Checkbook contract ID. The tag on each row is how it was awarded (“no-bid” = non-competitive).
- LEASE PREMISES Department of Education · CT104020049401129 $37,997,706