You can also share your RV campground experience with loved ones by authorizing their use of the RV. Popular pastimes in the area include surfing, kayaking and dune buggy rides. The accompanying notes are an integral part of these financial statements. The Company expects the note payable to be forgiven. With storage, you can have your RV delivered and set up for you ahead of time. Pismo Creek RV Resortprovides wonderful Read More, Copyright 2023 - Official BUY A TIMESHARE - Vacation Property Resales Inc - All Rights Reserved Terms and ConditionsSMS Terms and ConditionsPrivacy PolicyCompliance. 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). sig. Pismo Beach timeshares can promise ocean views and all of the comforts of home. and consent for SellATimeShare and third-party brokers to send me promotions and purchase offers on my timeshare at the above email address and phone number including by autodialer, text msg., and prerecorded msg. Pismo Coast Village features 400 full hookup sites, each with complimentary wireless internet access and cable TV, on 26 mostly grassy, tree-lined acres. A Pismo Beach timeshare lets you enjoy all your favorite activities at your leisure. Busy season is in summer when people are out enjoying California's famous sun and surf. 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. Really nice package for price. Copyright 2023 California Regional Multiple Listing Service, Inc. All rights reserved. Your new yearly membership fee is $500. Notes to Financial Statements (Unaudited). and Stockholders of Pismo Coast Village, Inc. sig. 213 reviews. The financial statements report only basic earnings per share, as there are no potentially dilutive shares outstanding. 2 Beds. Look for ocean views from a furnished balcony where you can enjoy a breakfast that you prepared in the full kitchen. The Arroyo Grande Valley and Edna Valley wine regions are a short drive away as is renowned Hearst Castle, which is a favorite destination for lovers of history, art and architecture. Due to the COVID-19 the General Store was closed March 23, 2020 until June 12, 2020, while RV Service remained open during the crisis. Great for cool summer getaways. If the Company fails to complete the required public improvements, monies will be drawn from the credit line to satisfy the County. The new guidance also added Subtopic 340-40, Other Assets and Deferred Costs-Contracts with Customers, to the ASC to require the deferral of incremental costs of obtaining a contract with a customer. Schedule of Payments of Interest and Taxes: Pismo Coast Village, Inc. (Company) is a recreational vehicle camping resort. PCVs financial information is always readily available for your review. Some of these projects include road repair, utility improvements, landscaping, and building repair. The Company has also maintained a line of credit of $500,000 to ensure funds will be available, if required. sig. Anyone out there a shareholder in Pismo Coast Investments which owns Pismo Coast RV Village in California? and consent for Timeshare Broker Associates and. 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. 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. If you want to avoid the crowds, then visit Pismo Beach in the winter. Virtual Tours, 165 South Dolliver Street Pismo Beach, CA 93449, (888) RVBEACH The Company uses the asset-liability method of computing deferred taxes in accordance with ASC Income Taxes topic. Please contact the Corporate Office for assistance at (805) 773-5649 or rv@pismocoastvillage.com. Similarly, visitors look forward to spend a few hours at the Avila Hot Springs where they can obtain a day pass to soak in the natural artesian mineral hot spring. Management is planning and implementing long-term renovations to the Resort property, which includes redesigning sites and utilities to accommodate the needs of modern recreational vehicles and replacing restroom buildings. Consent not required for purchase. All kids enjoy days at the beach strolling along sandy shores, digging for clams with a permit, playing sand volleyball, and building sand castles. 170 Branch St #374, Pismo Beach, CA 93449 Zillow. There are several resorts you can use with this membership. In response, the County of San Luis Obispo followed by the Governor of California issued a Shelter at Home order effective March 19, 2020, requiring certain non-essential businesses to temporarily close to the public. The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright 2023 laws. Great fishing is available, along with windsurfing, beachcombing, and waterskiing. Topic 606 supersedes the revenue recognition requirements in FASB ASC 605, Revenue Recognition, and requires the recognition of revenue when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled in exchange for those goods or services. 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 General Store revenue was up $39,301, or 36.0%, and RV Service revenue increased $511, or 0.4%, from the previous year. Membership was established in 2004. Please contact the Corporate Office for assistance at (805) 773-5649 or rv@pismocoastvillage.com. Consent not required for purchase. We have a national one we can no longer use. Enter your details below to be emailed when inventory matching your specifications becomes available. Retail revenue, and specifically General Store revenue increased 36.0%, above the same period ended March 31, 2020 due to increased occupancy. 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. 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. If you are interested in receiving any financial information from the company, we encourage you to download documents from these resources. It's a central gathering spot that reaches more than 1,000 feet across the Pacific. Sales taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction, that are collected by the Company from a customer, are excluded from revenue. Although the supply-demand balance generally remains favorable, future-operating results could be adversely impacted by weak demand. Less than a block from Pismo Beach's beautiful ocean, WorldMark Pismo Beach offers you many water activities. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS, Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Garry Nelson, President and Chairman of the Board), Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Jay Jamison, Chief Executive Officer and principal executive officer), Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Jerry Roberts, Chief Financial Officer, principal financial officer and principal accounting officer), Certification Pursuant to 18 U. S. C. Subsection 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Garry Nelson, President and Chairman of the Board), Certification Pursuant to 18 U. S. C. Subsection 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Jay Jamison, Chief Executive Officer and principal executive officer), Certification Pursuant to 18 U. S. C. Subsection 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Jerry Roberts, Chief Financial Officer, principal financial officer and principal accounting officer). STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY, MARCH 31, 2021, MARCH 31, JUNE 30, SEPTEMBER 30, AND DECEMBER 31, 2020. Results of Review of Interim Financial Information. When you choose to store your RV onsite, you'll find anticipating your much-loved vacation destination is a more pleasurable experience. Located on the largest lot within the Village at Pacific . Transfer fees: $550, payable to Harmony Ridge Resort. 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. RV servicing you'll find at Pismo Coast Village RV Resort includes propane gas, RV wash and wax, service calls on site, winterization services and preventative maintenance. Refunds related to services are generally recognized as an adjustment to the transaction price at the time the resort stay occurs or services are rendered. ** The Official Facebook Page of Pismo Coast Village RV Resort ** Beachfront 400 campsites full. We are the leading timeshare resale marketplace and you can find the best deals from private owners selling timeshares at BuyaTimeshare.com. This seems high but it's not a membership. At March 31, 2021, September 30, 2020, and March 31, 2020 the Company had cash deposits of $6,299,526, $4,591,597 and $3,257,123, respectively, in excess of the $250,000 federally insured limit with Pacific Premier Bank. We couldn't find any timeshares matching your search term, but we can notify you when we have new timeshares for purchase or rental. Its business is seasonal in nature with the fourth quarter, the summer, being its busiest and most profitable. sig. Stays at preserves can be reserved 90 days in advance and can be up to 14 days. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. https://pismocoastvillage.com/wp-content/uploads/2016/08/CodeOfEthics.pdf, https://www.sec.gov/cgi-bin/browse-edgar?company=pismo+coast+village&CIK=&State=&SIC=&action=getcompany, Reservations Therefore, interest noted on the balance sheet will not be applied. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Cost of Goods Sold expenses, as a percentage of retail income for the three-months ended March 31, 2021, are 46.5% compared to 44.6% for the same period in 2020. Your browser is out of date or unsupported. All rights reserved. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer/General Manager (our principal executive officer) and our Chief Financial Officer (our principal financial officer). The San Luis Obispo Children's Museum lets little ones have fun while learning with interactive displays and educational exhibits based on play. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS, ITEM 4. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. Close to gold county towns Grass Valley and Nevada City, Empire Mine State Park, Nevada County Fairgrounds, wineries, and Lake Tahoe within an hour for a scenic drive. cchris1981@verizon.net. This increase is primarily due to an increase in income, rental deposits, and decrease in capital expenditures. Enter your details below to be emailed when inventory matching your specifications becomes available. Anyone has private shares for sale? WorldMark Pismo Beach. YES [ ] NO [ ], Indicate the number of shares outstanding of each of the issuers classes of common stock, as of the latest practicable date. This park does allow outside guests. Msg & data rates may apply. At March 31, 2021, future minimum payments on the capital lease obligations were as follows: Less current portion of capital lease obligations, Total capital lease obligations, net of current portion. The increase in the RV Service program revenue reflects effort to target new business and new inventory. There have not been any changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) promulgated by the SEC under the 1934 Act) during the six-months ended March 31, 2021 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. 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. The data relating to real estate for sale on this website comes in part from the IDX program of the North Santa Barbara County Regional MLS and its affiliated associations. However, the Company experienced minimal impact from the COVID-19 pandemic during the period ended March 31, 2021. Sycamore Lodge near Pinehurst, NC and Gettysburg Battlefield, PA Plus Coast to Coast with thousands of affiliates around the USA. Pismo Coast Village RV Resort. Location 4.6. 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. Pending. General Store 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. Enter your details below to be emailed when inventory becomes available. This increase in site revenue reflects paid site occupancy due to the COVID-19 crisis. Choose from a variety of sumptuous restaurants ranging from bar and grill establishments to farm-to-table places, or even small cafes for a more intimate dining experience. Pismo Coast Village has no shares available. Call 603-883-8626 or 1-800-640-6886 for assistance. Income from retail operations for the three-month period ended March 31, 2021, increased $39,813, or 16.9%, above the same period in 2020. The Company began canceling reservations on March 19, 2020 and closed the park on March 23, 2020. and consent for Timeshare Broker Associates to send me offers at the above phone number. Working capital increased to $5,041,669 at the end of the second quarter of fiscal year 2021, compared with $4,288,675 at the end of fiscal year 2020, and $3,118,195 at quarter end March 31, 2020. Featured Video This decrease reflects payroll taxes, employee insurance benefits, workers compensation, employee travel/training, legal fees, WiFi expense, repairs and maintenance, vehicle expense, and recreation expense. Shoulder seasons are in fall and spring, with October being a popular month to see the annual migration of monarch butterflies happening at the Butterfly Habitat on the North End of Pismo State Beach. This order limited non-essential travel, and caused significant cancelations for December 2020 and January 2021. The rental of campsites to the general public provides income to cover expenses, complete capital improvements, and allow shareholders up to forty-five free nights camping annually. The third and fourth quarters' occupancies are expected to be consistent with that of past years, with the possible exception created by COVID-19. The information furnished reflects all adjustments, which, in the opinion of management, are necessary to a fair statement of the results for the interim periods. ), 165 South Dolliver Street, Pismo Beach, CA 93449, (Address of Principal Executive Offices) (Zip Code), Registrants telephone number, including area code, (Former name, former address and former fiscal year, if changed since last report), Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. 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. 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. Total depreciation and amortization expense was $198,568 and $204,700 for the six months ended March 31, 2021 and 2020, respectively, and $98,687 and $101,602 for the three months ended March 31, 2021 and 2020, respectively. Rental expense under this operating lease is. 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. Toll Free: 1-877-815-4227 workout room, clubhouse and trailer rentals. Thousand Trails Membership Elite membership for sale, purchased out right from mother in law who passed away. We post our most recent filings with the Securities and Exchange Commission (SEC) here. Buyer may receive a title fee credit, inquire for details! Pismo Coast Village features 400 full hookup sites, each with complimentary wireless internet access and cable TV, on 26 mostly grassy, tree-lined acres. Intl: (407) 917-8432. YES [X] NO [ ]. 140 S DOLLIVER ST SPC 127, Pismo Beach, CA 93449. The Company does not have any significant financing components. Employer contributions are discretionary and are determined on an annual basis. A review of interim financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial and accounting matters. I give my elec. 3. Enjoy a miniature golf course, general store, restaurant that is open seasonally, a heated pool, laundromat, bike rentals and an arcade. Keeping your RV in its best shape assures a fantastic visit every time. The General Store was up $75,485, or 32.1%, and RV Service was up $13,450, or 5.1%. Harmony Ridge Resort, family campgrounds and RV park in northern California includes 100 full and partial hookup sites for RV and tent camping and log cabins. The accompanying notes are an integral party of these financial statements. sig. Transfer fee is included. You may see more crowds, but. Read More. Please contact Lloyd or Marilyn Philipps at 520 722-1782 or email azgalnow@yahoo.com . You'll encounter few travelers, but you may have to deal with some cloudy days and the occasional rain shower. All property and equipment is recorded at cost. On the beach, 400 full-hookup sites, general store, restaurant, laundromat,hot showers, complimentary Wi-Fi, heated pool, arcade, bicycle rentals,miniature golf just a short walk to the pier and downtown Pismo Beach. ITEM 2. With a Pismo Beach timeshare resale, visiting with a guaranteed comfortable stay is a breeze. sig. Start your tour of the area on the Pismo Beach Pier. The majority of the balance is due to timing differences of depreciation expense, caused by the use of accelerated depreciation methods for tax calculations. Amortization expense on assets under capital lease was $37,891 and $32,415 for the six months ended March31, 2021 and 2020, respectively, and $19,035 and $16,206 for the three months ended March 31, 2021 and 2020, 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. $8,000 membership. Unlike organizations such as Thousand Trails, Pismo Coast Village is owned by shareholders. Call 603-883-8626 or 1-800-640-6886 for assistance. Revenue from site rentals, storage rental, spotting, and store and accessory sales accounts for approximately 62%, 17%, 5%, and 14% of the Company total revenue for the period ended March 31, 2021, respectively. I give my elec. 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. Service 4.2. these are still light compared to the summer high season when locals and tourists flock to the beautiful beaches. Based upon and as of the date of that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective as described in Item 8A(T) included with our Annual Report on Form 10-K for the year ended September 30, 2020. Visiting in the spring and fall shoulder seasons promises warmer temperatures. Increases in transportation and fuel costs or sustained recessionary periods could also unfavorably impact future results. The ownership of a share does not entitle the owner to any interest in any particular site or camping period. Premier Membership with cabin package. The Company has consistently demonstrated an ability to optimize revenues developed from the resort and retail operations during the summer season. Contact Pismo Coast Village RV Resort Specialist Today! A 2019 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,151, including interest at 4.181% per annum, through May 2025. 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. 100 Ocean View Ave., Pismo Beach, California, 93449. The Company has a revolving line of credit with Pacific Premier Bank (formerly Heritage Oaks Bank) for $500,000, expiring April 1, 2021. Pismo Coast Village RV Resort Timeshare Resales 165 South Dolliver Street, Pismo Beach, California, 93449, United States Sell Your Timeshare Timeshares For Sale Get Price Alerts Make Offer Prev Next 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. ASC 740 requires, among other things, that if income is expected for the entire year, but there is a net loss to date, a tax benefit is recognized based on the annual effective tax rate. Take a ride on a biplane along the scenic coast for more memory-making fun times. RVing offers an affordable outdoor recreational experience, and the Company provides quality facilities and services in a highly popular location. 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. The Company has been fortunate not to have significant impact due to economic volatility. 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. The Company's current cash position, as of March 31, 2021, is $8,156,893, which is 58.9% more than the same position in 2020. The financial information included in Part I of this Form 10-Q has been reviewed by Brown Armstrong Accountancy Corporation, the Company's Certified Public Accountants, and all adjustments and disclosures proposed by said firm have been reflected in the data presented. Download Brochure, RV Storage 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. Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330. 2023 - Sell A Timeshare - All Rights Reserved Website by. Cost: $1800 or best offer includes annual dues and maintenance fees. Includes unlimited day use and overnight camping. It is the policy of management to review the outstanding accounts receivable at year-end, as well as historical bad debt write-offs, and establish an allowance for doubtful accounts for estimated uncollectible accounts. Great fishing is available, along with windsurfing, beachcombing, and waterskiing. View more property details, sales history 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. 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.
Wreck In Donalsonville, Ga Today, Kaitlan Collins Measurements, John Ortberg Family, Rbw Entertainment Ceo Daughter, Occ Pistol Permit Class, Articles P