If you are interested in receiving any financial information from the company, we encourage you to download documents from these resources. Situated midway between San Francisco and Los Angeles in beautiful Pismo Beach, Pismo Coast Village RV Resort needs only to be seen to be appreciated. Depreciation of property and equipment is computed using the straight line method based on the cost of the assets, less allowance for salvage value, where appropriate. MARCH 31, 2021 AND 2020 AND SEPTEMBER 30, 2020, Net of accumulated depreciation and Amortization, Current portion of capital lease obligations, Capital lease obligations, net of current portion, Common stock no par value, 1,800 shares issued, 1,775 and 1775 shares outstanding at March 31, 2021 and 2020, respectively, Total Liabilities and Stockholders Equity. Inventory has been valued at the lower of cost or market on a first-in, first-out basis. Deferred income taxes arise from temporary differences between the tax basis of assets and liabilities and their reported amounts in the financial statements, which will result in taxable or deductible amounts in the future. On April 28, 2020, the Company (the Borrower) was granted a loan in the aggregate amount of $553,802, pursuant to the Paycheck Protection Program (the PPP) under Division A, Title I of the CARES Act, which was enacted March27, 2020. More information about cookies can be found in our. Will sell for $5,000, including transfer fee of $700. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS, ITEM 4. The downtown district is adjacent, providing many opportunities for shopping, dining and entertainment. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the 1934 Act is accumulated and communicated to our management, including our principal executive officer and our principal financial officer, as appropriate, to allow timely decisions regarding required disclosure. However, because Pacific Premier Bank is a member of the Certificate of Deposit Account Registry Service (CDARS), large deposits are divided into smaller amounts and placed with other FDIC insured banks which are also members of the CDARS network. In our opinion, the information set forth in the accompanying balance sheet as of September 30, 2020, is fairly stated, in all material respects, in relation to the balance sheet from which it has been derived. Third and fourth quarter site occupancy and storage fill are expected to be consistent with that of the past year. Call 603-883-8626 or 1-800-640-6886 for assistance. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. I give my elec. The financial statements report only basic earnings per share, as there are no potentially dilutive shares outstanding. The Company develops its income from two sources: (a) Resort Operations, consisting of revenues generated from RV site rentals, from RV storage space operations, and from lease revenues from laundry and arcade operations by third party lessees; and (b) Retail Operations, consisting of revenues from General Store operations and from RV parts and service operations. Results of Review of Interim Financial Information. 5 Star RV Resort in Banning Ca. All kids enjoy days at the beach strolling along sandy shores, digging for clams with a permit, playing sand volleyball, and building sand castles. Schedule of Payments of Interest and Taxes: Pismo Coast Village, Inc. (Company) is a recreational vehicle camping resort. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. All Rights Reserved. 3. Sign up to receive the latest deals and updates! Pismo Coast Village RV Resort 213 reviews #1 of 5 campgrounds in Pismo Beach Save Share 165 S Dolliver St, Pismo Beach, CA 93449-2901 Check In / / Check Out / / Guests Contact accommodation for availability. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. International: 1-603-516-0200, Toll Free: 1-877-815-4227 2 Baths. Certain information included herein contains statements that may be considered forward-looking statements, such as statements relating to anticipated expenses, capital spending and financing sources. The accompanying notes are an integral part of these financial statements. As of March31, 2021, September 30, 2020, and March 31, 2020, the Company had customer deposits related to prepaid village accommodations of $3,027,365, $2,058,135, and $2,120,707 on the balance sheet as rental deposits, respectively. boat and trailer rentals. 100 Ocean View Ave., Pismo Beach, California, 93449. RV storage and towing continue to be a primary source of revenue for the Company and is even year-to-date compared to last year. We conducted our review in accordance with the standards of the PCAOB. 213 reviews. A shareholder is entitled to a pro rata share of any dividends as well as a pro rata share of the assets of the Company in the event of its liquidation or sale. Lovely resort with amenities for the whole family! Statements of Income and Retained Earnings, 5. FOR SALE; these are still light compared to the summer high season when locals and tourists flock to the . Fall asleep to the sound of crashing waves and smell the salt scented air as you reconnect with family and loved ones in this beautifully landscaped, nicely appointed RV park at Pismo Beach, halfway between Los Angeles and San Francisco. 1,440 Sq Ft. The Companys matching portion of the 401(k) safe harbor plan was $32,147 and $38,540 for the six months ended March 31, 2021 and 2020, respectively, and $13,916 and $15,400 for the three months ended March 31, 2021 and 2020, respectively. I also agree to the Terms of Services and Privacy Policy. $639 for the transfer fees yearly dues of approximately $399. Unlike organizations such as Thousand Trails, Pismo Coast Village is owned by shareholders. FASB ASC 740 also requires, among other things, the recognition and measurement of uncertain tax positions based on a "more likely than not" (likelihood greater than 50%) approach. and consent for BuyATimeShare and, Sign up to be alerted when inventory becomes available. Location 4.6. Generous square footage, luxurious linens and indulgent mattresses ensure a remarkable experience. {{current_weather.dt | momentjs( atts.date )}}, https://www.pismocoastvillage.com/AnnualReport2022-PCVwebsite.pdf, https://pismocoastvillage.com/wp-content/uploads/2016/08/CodeOfEthics.pdf. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made herein. Cost only $995.00 for transfer fees. ft. apartment is a 2 bed, 2.0 bath unit. Management did not identify any subsequent events that required disclosure. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Text msgs. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. A review of interim financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial and accounting matters. The Company makes available on its website, www.pismocoastvillage.com, access to its annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and all amendments to those reports as soon as reasonably practicable after such material is electronically filed with or furnished to the Securities and Exchange Commission (SEC). As of March 31, 2021, management has considered its tax positions and believes that the Company did not maintain any uncertain tax positions under this approach and, accordingly, all tax positions have been fully recorded in the provision for income taxes. Buyer may receive a title fee credit, inquire for details! RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act and equal opportunity housing. These risks and uncertainties include, but are not limited to, those relating to competitive industry conditions, California tourism and weather conditions, dependence on existing management, leverage and debt service, the regulation of the recreational vehicle industry, COVID-19 or similar pandemic conditions, domestic or global economic conditions and changes in federal or state tax laws or the administration of such laws. The General Store revenue was up $39,301, or 36.0%, and RV Service revenue increased $511, or 0.4%, from the previous year. We have reviewed the balance sheets of Pismo Coast Village, Inc., (the Company) as of March 31, 2021 and 2020, and the related statements of operations, and statement of changes in stockholders equity for the six-month periods ended March 31, 2021 and 2020, and statements of cash flows for the six-month periods then ended, and the related notes (collectively referred to as the interim financial statements). The resort can supply information on the area's attractions and amenities . The Company plans capital expenditures up to $200,000 in fiscal year 2021 to further enhance the Resort facilities and services. $8,000 membership. The difference between the effective tax rate and the statutory tax rates is due primarily to the effects of state taxes net of the federal tax benefit and nondeductible variable costs of shareholder usage. The technical storage or access that is used exclusively for statistical purposes. You may see more crowds, but. Read More. Accordingly, we do not express such an opinion. Web Design and SEO by: Advanced Internet Management Pismo Beach timeshares invite families to enjoy classic California beach adventures they'll never forget. The resort remained closed until May 22, 2020 at which time the County of San Luis Obispo permitted occupancy to fifty percent. On California's Central Coast lies gorgeous Pismo Beach. The Company has consistently demonstrated an ability to optimize revenues developed from the resort and retail operations during the summer season. With a Pismo Beach timeshare resale, visiting with a guaranteed comfortable stay is a breeze. Start your tour of the area on the Pismo Beach Pier. Call 603-883-8626 or 1-800-640-6886 for assistance. I give my elec. All rights reserved. Dues PAID thru 9/1/2013, a plus. There is also Holiday RV Park which has no shares available but does have a list of shares for sale by owners. We have a national one we can no longer use. In addition, in a national My Favorite Campground contest sponsored by Woodalls, Pismo Coast Village was voted as one of the top ten favorite campgrounds for 2011. Pismo Coast Village RV Resort 165 South Dolliver Street, Pismo Beach, CA 93449 US . Value 3.9. sig. I give my elec. The Company anticipates positive performance in income from retail operations as the resort reopens for business following restrictions due to the COVID-19 pandemic. This condition could limit the Company's ability to pass through inflationary increases in operating costs at higher rates. You may see more crowds, but. Copyright 2023 - Timeshare Broker Associates, LLC - All Rights Reserved Site Powered by, I give my elec. Copyright 2023 - Official BUY A TIMESHARE - Vacation Property Resales Inc - All Rights Reserved Terms and ConditionsSMS Terms and ConditionsPrivacy PolicyCompliance. Each office is independently owned and operated. Sell, rent, or buy a Pismo Beach timeshare for sale on the resale market and save thousands over resort retail pricing! Contact us at our email address hvn4us@gmail.com. Look for ocean views from a furnished balcony where you can enjoy a breakfast that you prepared in the full kitchen. Web Cams Pismo Outlet shopping lets you explore quaint shops for surf wear, arts and crafts, and sports gear. ITEM 3. Management did not believe an allowance for doubtful accounts was necessary as of March 31, 2021, September 30, 2020, and March 31, 2020. I also agree to the, I give my elec. INTERNAL CONTROL OVER FINANCIAL REPORTING. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. 165 South Dolliver Street, Pismo Beach, California, 93449, United States, experience a successful sale on the timeshare resale market. I also agree to the. This increase is due primarily to an increase of $571,585, or 28.8%, in site rental revenue, which was primarily due to COVID-19 ramifications where the public sought outdoor recreation as a safe environment. In Pismo Beach, you'll find miles of white sand beaches, sparkling blue waters, blazing orange and pink sunsets, and glorious coastal scenery to help wash your cares away. Operating expenses for the three-month period ending March 31, 2021, decreased $79,028, or 6.1%, below the same period ended March 31, 2020. Great fishing is available, along with windsurfing, beachcombing, and waterskiing. These resorts range from old-fashioned and comfy to sleek and modern. Due to the nature of business and economic cycles and trends, rates may be adjusted accordingly, if deemed necessary. sig. Site Map Never pay an upfront fee and let us take the hassle out of selling your Pismo Beach timeshare resale. In addition, investment for online marketing, ads in the two leading national directories, and trade magazine advertising formulates most of the business-marketing plan. For the six-months ended March 31, 2021, income before provisions for income tax increased by $719,929, reflecting increased total income and decreased operating expenses. As of March 31, 2021, September 30, 2020, and March 31, 2020, the Companys deferred tax liability was $375,400 $423,100 and $435,600, respectively. For nature inspired, ocean view, trendy camping experiences in a multiple award-winning RV resort, you can't go wrong at Pismo Coast Village RV Resort. sig. Paradise Cove Resort and Marina, Rockaway Beach, Oregon has a marina, clubhouses, swimming pools, Jacuzzi, tackle shop, The shares are personal property and do not constitute an interest in real property. Membership provides access to 5 sister sites NC, OH, FL. #1 of 5 Specialty lodging in Pismo Beach. Future minimum lease payments under this obligation are as follows: Rent expense under these agreements was $23,953 and $2,483 for the six months ended March 31, 2021 and 2020, respectively, and $11,987 and $1,241 for the three months ended March 31, 2021 and 2020, respectively. Information deemed reliable but not guaranteed. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. Income from Retail Operations for the six-month period ending March 31, 2021, increased by $88,936, or 17.9%, over the previous year. Listing by Real Estate One - Greg Beck. Employer contributions are discretionary and are determined on an annual basis. You'll encounter few travelers, but you may have to deal with some cloudy days and the occasional rain shower. Looking For a Reasonably-priced TT Membership? Please contact Lloyd or Marilyn Philipps at 520 722-1782 or email azgalnow@yahoo.com . Pismo Coast Village features 400 full hookup sites, each with complimentary wireless internet access and cable TV, on 26 mostly grassy, tree-lined acres. Both parks have low yearly . This increase in income reflects a $335,328, or 36.0%, increase in site revenue, and an increase of $13,080, or 3.1%, in RV storage and spotting activity. The RVing public actively seeks accommodations on the Central Coast despite volatile fuel prices and personal financial uncertainties. Income from resort operations for the three-month period ended March 31, 2021, increased $340,980, or 24.1%, above the same period in 2020. We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: Pismo Coast Village, Pismo Beach, CA Real Estate and Homes for Sale. Motor home sold makes this membership available. Due to the uncertainty surrounding the recent COVID-19 pandemic, the length and severity of the outbreak, and the volatility in the world investment markets, there is uncertainty as to how these events will affect results of the Companys operations going forward. The accompanying notes are an integral party of these financial statements. Based on our reviews, we are not aware of any material modifications that should be made to the accompanying interim financial statements for them to be in conformity with accounting principles generally accepted in the United States of America. The Company is the sponsor of a 401(k) profit sharing pension plan, which covers substantially all full-time employees. Contact Pismo Coast Village RV Resort Specialist Today! PCVs financial information is always readily available for your review. ITEM 2. Great fishing is available, along with windsurfing, beachcombing, and waterskiing. 2022 Annual Report: This report is an analysis which discusses the Company's financial condition as of September 30, 2022, compared with September 30, 2021. https://www.pismocoastvillage.com/AnnualReport2022-PCVwebsite.pdf Head out of your timeshare to go ATV riding along sand dunes for great pictures and for a memorable day. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. For the six-months ended March 31, 2021, Cost of Goods Sold expenses were 46.9 % compared to 45.9% the previous year. Email tbdesert@aol.com or call 760-772-4733. Seasonal fluctuations within this industry are expected, and management projects that income for the fourth quarter will be approximately 40% of its annual revenue. The Company does not recognize revenue when a customer prepays for resort accommodations. PROCEEDINGS DURING THE PRECEDING FIVE YEARS: Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13, or 15 (d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. workout room, clubhouse and trailer rentals. Real estate listings held by brokerage firms other than are marked with the IDX icon and detailed information about them include the name of the listing broker and listing agent. Your search does not match any homes. You can pick a home park from an extensive listing all over the United State when transferred. The public may read and copy any of the materials filed with the Securities and Exchange Commission on official business days during the hours of 10:00 a.m. to 3:00 p.m., at the SEC's Public Reference Room located at 100 F Street, N. E., Washington, D.C. 20549. Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330. This order limited non-essential travel, and caused significant cancelations for December 2020 and January 2021. Retail revenue, and specifically General Store revenue increased 36.0%, above the same period ended March 31, 2020 due to increased occupancy. (CRMLS) 4 beds, 2.5 baths, 1641 sq. The Company expects the note payable to be forgiven. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK. A Pismo Beach timeshare lets you enjoy all your favorite activities at your leisure. Visitors looking to buy, sell or rent timeshare resales will be nestled right on the beach, beautifully landscaped, it is truly an outstanding RV resort in every sense. CAPITAL RESOURCES AND PLANNED EXPENDITURES. cchris1981@verizon.net. Revenue is then recognized when the customer stays at the resort. STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY, MARCH 31, 2021, MARCH 31, JUNE 30, SEPTEMBER 30, AND DECEMBER 31, 2020. With 400 RV hookup sites, you'll enjoy blissful camping experiences with modern amenities like complimentary wireless Internet and cable television. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.

Can I Use Salted Pistachios In Baklava, Mary Beth Leetch Maiden Name, Falmer Road Closure, Pequi Oil Nut Allergy, Funny Quirky Captions For Boyfriend, Articles P