Compensation 990

Horizon Development Properties Inc.

Fiscal year ending 2022. Filed on November 14, 2023.

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 2022 IRS Form 990 filing, Horizon Development Properties Inc., a 501(c)(3) charitable organization, reported compensation for 16 employees. Among the employees shown here, the average compensation is $162,482. The highest compensated employee at Horizon Development Properties Inc. is Fulton Meachem with fiscal year 2022 compensation of $401,992.

Revenue, expenses, and employee compensation

Revenue

$49,320,137

Expenses

$57,949,705

Employee compensation

$5,362,966
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Fulton Meachem
Chief Executive Officer
$401,992
$0 from org$336,517 from related$65,475 other
Heather Franklin
Executive Vice President, Finance
$227,825
$0 from org$180,739 from related$47,086 other
Harriett Huell
Executive Vice President, Legal
$208,870
$0 from org$170,094 from related$38,776 other
Ken Wood
Executive Vice President, Information Technology
$194,269
$0 from org$157,013 from related$37,256 other
Cheryl Campbell
Executive Vice President, BLUE Horizon - PART YEAR
$191,896
$0 from org$168,082 from related$23,814 other
Kevin Boyette
Senior Vice President, Development
$162,912
$0 from org$138,269 from related$24,643 other
Tomico Evans
Executive Vice President, CORE
$161,638
$0 from org$136,396 from related$25,242 other
Sam Liu
Senior Vice President, Maintenance
$148,511
$0 from org$125,400 from related$23,111 other
Kimberley Cole - Part Year
Executive Vice President, Administrative Operations
$132,917
$0 from org$113,065 from related$19,852 other
Darius Frederick
District Manager
$125,508
$0 from org$104,377 from related$21,131 other
George Connor
District Manager
$124,551
$0 from org$103,428 from related$21,123 other
Kenya Lewis
Executive Vice President, People and Culture
$121,947
$0 from org$94,928 from related$27,019 other

Non-Employee Board Members

Antoine Dennard
Commissioner
Erin Smith
Commissioner
Fatina Allen
Commissioner
Leigh Ann Merchant
VICE Chair Commissioner-Part YEAR
Linda Ashendorf
Commissioner
Maurice Robinson
Commissioner
Michael Kennerly
VICE Chair Commissioner
Ray McKinnon
Chair Commissioner

Contractors

Emj Construction
Construction
$14,193,523
Gilbraltar Construction Company Inc.
Construction
$2,682,376
Cleveland Construction
Construction
$929,439
Weatherspoon Enterprises Inc.
Safety
$784,957
Giss LLC
Maintenance
$651,675

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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