Compensation 990

Horizon Development Properties Inc.

Fiscal year ending 2024. Filed on November 12, 2025.

400 East Blvd
Charlotte, North Carolina 28203

Horizon Development Properties Inc. (EIN: 56-2246833), also known as Blue Horizon Management Company, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Horizon Development Properties Inc., a 501(c)(3) charitable organization, reported compensation for 14 employees. Among the employees shown here, the average compensation is $223,044. The highest compensated employee at Horizon Development Properties Inc. is Fulton Meachem with fiscal year 2024 compensation of $464,015.

Revenue, expenses, and employee compensation

Revenue

$84,376,456

Expenses

$94,117,044

Employee compensation

$6,994,350
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Fulton Meachem
Chief Executive Officer
$464,015
$0 from org$398,949 from related$65,066 other
Allen Gong
Executive Vice President, REAL Estate Development
$260,222
$0 from org$225,918 from related$34,304 other
Eric Scott
Chief Operating Officer
$244,392
$0 from org$204,563 from related$39,829 other
Heather Franklin
Chief Financial Officer
$239,334
$0 from org$194,445 from related$44,889 other
Kimberlie Smith
Executive Vice President, BLUE Horizon
$239,140
$0 from org$199,931 from related$39,209 other
Allan Rivera
Executive Vice President, Information Technology
$217,682
$0 from org$183,582 from related$34,100 other
Harriett Huell
Executive Vice President, Legal - PART YEAR
$202,195
$0 from org$171,359 from related$30,836 other
Temeka Couch
Executive Vice President, Housing Choice Vouchers
$199,337
$0 from org$175,818 from related$23,519 other
Tomico Evans
Executive Vice President, CORE - PART YEAR
$193,122
$0 from org$171,044 from related$22,078 other
Cheron Porter
Executive Vice President, Corporate Communications
$189,828
$0 from org$162,617 from related$27,211 other
Nina Pineda
Senior Vice President, REAL Estate Management
$183,717
$0 from org$150,706 from related$33,011 other
John Miller
Senior Vice President, Construction
$175,089
$0 from org$145,000 from related$30,089 other

Non-Employee Board Members

Angela Ambroise
VICE Chair Commissioner
Antoine Dennard
Commissioner
Erin Smith
Commissioner - PART YEAR
Esezele Payne
Commissioner
Fatina Allen
Chair Commissioner
Linda Ashendorf
Commissioner
Maurice Robinson
Commissioner
Michael Kennerly
Commissioner
Ray McKinnon
Chair Commissioner - PART YEAR

Contractors

Gilbraltar Construction Company Inc.
Construction
$5,116,902
Cleveland Construction
Construction
$2,863,785
Arnold Roofing and Restoration LLC
Construction
$2,204,629
Reliable Restorations
Construction
$2,075,442
Harmon Construction Services LLC
Construction
$1,889,417

Mission Statement

TO PROVIDE AFFORDABLE HOUSING TO ALL QUALIFIED FAMILIES.

Revisions to this organization profile

November 12, 2025:
2024 Horizon Development Properties Inc. 990 filed
November 14, 2024:
2023 Horizon Development Properties Inc. 990 filed
November 14, 2023:
2022 Horizon Development Properties Inc. 990 filed

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