Overview
What is Horizon Development Properties Inc?
Horizon Development Properties Inc, also known as Blue Horizon Management Company, is a Charlotte, North Carolina-based organization dedicated to providing affordable housing solutions for families who fall below the area median income. With a mission to make a difference, they offer a total of 4,531 units for rent, ensuring that all qualified applicants have access to suitable living arrangements. The company aims to uphold the belief that housing is a fundamental need and strives to create inclusive communities for those in need.
Is Horizon Development Properties Inc legitimate?
Horizon Development Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizon Development Properties 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,735,939
For more financial information, click here
Mission Statement of Horizon Development Properties Inc
Horizon Development Properties Inc, a dedicated organization, is committed to providing affordable housing opportunities for all qualified families. With a vision to make a difference, this esteemed institution strives to ensure that those in need have access to a place they can call home.
Horizon Development Properties Inc's mission is twofold: it aims to offer affordable housing solutions to families whose income falls below the area median. Currently, the organization manages an impressive inventory of 4,531 units, available for rent to eligible families. This substantial number signifies a significant contribution towards addressing the housing needs of underprivileged communities.
The organization's unwavering commitment to affordability sets it apart. By providing housing for families making less than 80% of the area median income, Horizon Development Properties Inc plays a crucial role in ensuring that a roof over one's head remains an attainable goal for many. This mission not only helps families achieve greater financial stability but also fosters a sense of community and belonging. By offering affordable housing options, Horizon Development Properties Inc continues to make a positive impact on the lives of countless families.
Impact
This information is meant to be a general summary of Horizon Development Properties Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Horizon Development Properties Inc's impact can be seen in the significant contribution it makes towards providing affordable housing to qualified families. With a total of 4,531 units available for rent to families earning less than 80% of the area median income, this organization plays a crucial role in addressing the housing needs of the community. By offering affordable housing options, Horizon Development Properties Inc positively impacts the lives of many families in Charlotte, NC, ensuring they have access to safe and stable living environments.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL REVENUE
Revenue
$37,425,092
OTHER TENANT REVENUE
Revenue
$970,996
CONSTRUCTION MGMT FEES
Revenue
$19,932
Organization Details
Founding Year
2001
Phone
(704) 336-5233
Principal Officer
Heather R Franklin Cpa
Main Address
400 EAST BLVD, CHARLOTTE, NC, 28203
NTEE Category
Code: L21 - Housing
If you are a representative of Horizon Development Properties 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.