these are still light compared to the summer high season when locals and tourists flock to the beautiful beaches. ft. house located at 102 Village Cir, Pismo Beach, CA 93449 sold for $700,777 on Nov 24, 2020. Although the Company does not maintain any uncertain tax positions, tax returns remain subject to examination by the Internal Revenue Service for fiscal years ending on or after September 30, 2018 and by the California Franchise Tax Board for fiscal years ending on or after September 30, 2017. Copyright 2023 - Official BUY A TIMESHARE - Vacation Property Resales Inc - All Rights Reserved Terms and ConditionsSMS Terms and ConditionsPrivacy PolicyCompliance. Pismo Coast Village features 400 full hookup sites, each with complimentary wireless internet access and cable TV, on 26 mostly grassy, tree-lined acres. We are the original owners. A review of interim financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial and accounting matters. 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. nicely appointed RV park at Pismo Beach, halfway between Los Angeles and San Francisco. If the Company is unable to generate sufficient funds from the public, the Company may be required to charge shareholders for services. It is the policy of the Company to consistently classify interest and penalties associated with income tax expense separately from the provision for income taxes, and accordingly no interest or penalties associated with income taxes have been included in this calculation, or separately in the Statement of Operations and Retained Earnings. 100 Ocean View Ave., Pismo Beach, California, 93449. workout room, clubhouse and trailer rentals. $8,000 membership. As of March31, 2021, September 30, 2020, and March 31, 2020, the Company had $6,098, $6,096 and $6,094 of cash equivalents. Copyright 2023 California Regional Multiple Listing Service, Inc. All rights reserved. Historically the Company, because of its seasonal market, has produced 60% to 65% of its revenue during the third and fourth quarters of the fiscal year, with more than 40% being produced during the fourth quarter. 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. Never pay an upfront fee and let us take the hassle out of selling your Pismo Beach timeshare resale. 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. may result in a faster sale of my timeshare. If you want to avoid the crowds, then visit Pismo Beach in the winter. ** The Official Facebook Page of Pismo Coast Village RV Resort ** Beachfront 400 campsites full. By using this website, you agree to our Terms of Use. Text msgs. 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. 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. Management did not identify any subsequent events that required disclosure. Each office independently owned and operated. It's the ideal place to enjoy a classic beach getaway thanks to its beautiful coastline, sparkling waters and fun attractions. With a Pismo Beach timeshare resale, visiting with a guaranteed comfortable stay is a breeze. Please contact the Corporate Office for assistance at (805) 773-5649 or rv@pismocoastvillage.com. 2022 Annual Report: This report is an analysis which discusses the Companys financial condition as of September 30, 2022, compared with September 30, 2021. https://www.pismocoastvillage.com/AnnualReport2022-PCVwebsite.pdf, Companys Code of Ethics: This codes covers a wide range of business practices and procedures. 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. Pismo Preserve features 900 scenic acres to explore and go bike riding, hiking, or horseback riding. 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. You can pick a home park from an extensive listing all over the United State when transferred. Web Cams 2 Baths. (800) 525-7452. Some features of this website may not work until you update to a supported browser. For purposes of the statements of cash flows, the Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Your browser is not currently supported. Buyers are advised to confirm all data provided. Your browser is out of date or unsupported. 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. When it first. 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. There are similar hotels available. The Companys principal terms of sale occur simultaneously when control of the goods and services are transferred to the customer and payment is accepted. 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. (805) 773-1507. Golfers enjoy scenic courses with challenges for all skill levels. Advertising expense was included in operating expenses on the statement of operations. 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. Fees are paid thru Dec 31, 2012. Stays at preserves can be reserved 90 days in advance and can be up to 14 days. Inventory is comprised primarily of finished goods in the general store and in the RV repair shop. Although the supply-demand balance generally remains favorable, future-operating results could be adversely impacted by weak demand. Potlatch Resort in historic LaConner, Washington has swimming pool, Jacuzzi, This seems high but it's not a membership. (805) 773-1811 Visit a local winery to sample locally made wines. This website uses cookies to ensure that you get the best experience on our website. Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330. For the six-month period ended March 31, 2021, compared to the same period in 2020, interest expense was $8,076 and $10,940, respectively. . 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). Results of Review of Interim Financial Information. Revenue is then recognized when the customer stays at the resort. It is substantially less in scope than an audit conducted in accordance with standards of the PCAOB, the objective of which is the expression of an opinion regarding the interim financial statements taken as a whole. Pending. The Company is the sponsor of a 401(k) profit sharing pension plan, which covers substantially all full-time employees. Rather, the Company records a deferred revenue liability equal to the amount received. Paradise Cove Resort and Marina, Rockaway Beach, Oregon has a marina, clubhouses, swimming pools, Jacuzzi, tackle shop, Income before provision for income tax for the three-month period ended March 31, 2021, increased by $440,631, reflecting increased total income compared to the previous year and decreased operating expenses. We have a national one we can no longer use. Upon review of operational expenses, occupancy, and competition, the Board of Directors may approve adjustments to the nightly site rental rates or towing and storage rates. Enter your details below to be emailed when inventory matching your specifications becomes available. (CRMLS) 4 beds, 2.5 baths, 1641 sq. As of March31, 2021, September 30, 2020, and March 31, 2020, the Company had $77,401, $71,145, and $30,266 in TOT and TBID assessments due to the City of Pismo Beach and the County of San Luis Obispo included in accrued expenses on the combined balance sheet, respectively. ITEM 2. You'll encounter few travelers, but you may have to deal with some cloudy days and the occasional rain shower. 170 Branch St #374, Pismo Beach, CA 93449 Zillow. The following financial statements and related information are included in this Form 10-Q, Quarterly Report. Then, those member banks issue CDs in amounts under $250,000, so that the entire deposit balance is eligible for FDIC insurance. The General Store was up $75,485, or 32.1%, and RV Service was up $13,450, or 5.1%. It is anticipated the published rates will continue to market site usage at its highest value and not negatively impact the Company's ability to capture an optimum market share. I give my elec. Pismo Coast Village RV Resort Timeshares for Sale WorldMark Pismo Beach 100 Ocean View Ave., Pismo Beach, California, 93449 Less than a block from Pismo Beach's beautiful ocean, WorldMark Pismo Beach offers you many water activities. #1 of 5 Specialty lodging in Pismo Beach. The Company does not disclose the value of unsatisfied performance obligations for contracts with an expected length of one year or less. View more property details, sales history Posted By: John Wayne on 12/02/14 07:19pm They are expensive . Pismo Bowl provides a fun and unique bowling experience on lanes that are among some of the oldest in California. You are one of the 1800 owners. Timeshare accommodations include hotel-style rooms as well as multi-bedroom condos and villas. 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. We conducted our review in accordance with the standards of the PCAOB. Additional revenues come from RV storage and spotting, RV service and repair, on-site convenience store, and other ancillary activities such as laundromat, arcade, and bike rental. With that you become an owner with no annual fees or dues, and you get 45 days of stay each year. PISMO COAST VILLAGE share $31,000 OBO Very desirable, beachfront RV campground in Pismo Beach, California 714-838-3377 MFS010316JMAC-PISMO BEACH, CA ADVANCE RESORTS OF AMERICA, INC "The Waterfront Resort Company" Paradise Cove Resort and Marina, Rockaway Beach, Oregon has a marina, clubhouses, swimming pools, Jacuzzi, tackle shop, The geographic nature of the revenue could affect the nature, timing, amount and uncertainty of revenue and cash flows. 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. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. A 2019 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,151, including interest at 4.101% per annum, through December 2025. 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. YES [X] NO [ ], Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Subsection 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). ft. apartment is a 2 bed, 2.0 bath unit. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. 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. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. Look for ocean views from a furnished balcony where you can enjoy a breakfast that you prepared in the full kitchen. Pismo Outlet shopping lets you explore quaint shops for surf wear, arts and crafts, and sports gear. The note may be prepaid by the borrower at any time prior to maturity with no prepayment penalties. Very motivated sellers-we are relocating. Call 603-883-8626 or 1-800-640-6886 for assistance. The resort can supply information on the area's attractions and amenities . Capital expenditures are consistent with prior years and operations and are expected to provide adequate resources to support the amounts committed to complete the authorized capital projects during the fiscal year. Its business is seasonal in nature with the fourth quarter, the summer, being its busiest and most profitable. 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. Listing by Real Estate One - Greg Beck. Msg & data rates may apply. 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. Includes unlimited day use and overnight camping. Contact us at our email address hvn4us@gmail.com. sig. Amenities include: * adult clubhouse * swimming pool and family spa * horseshoes and shuffleboard court * volleyball, basketball * children`s fishing * both teen and children`s recreation rooms * picnic areas, cafe * playground. 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. RVing offers an affordable outdoor recreational experience, and the Company provides quality facilities and services in a highly popular location. The Company follows the policy of charging the costs of non-direct advertising as incurred. Copyright 2023 RV Property. The Financial Accounting Standards Board (FASB) issued new guidance that created Topic 606, Revenue from Contracts with Customers, in the Accounting Standards Codification (ASC). NOTE 2: SUMMARY OF SIGNFICANT ACCOUNTING POLICIES (continued). Anyone has private shares for sale? Swimming pool, lake, recreational activities, store on site. The Company anticipates positive performance in income from retail operations as the resort reopens for business following restrictions due to the COVID-19 pandemic. All Rights Reserved. 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. sig. These capital expenditures are expected to increase the Resort's value to its shareholders and the general public. Site Map Toll Free: 1-877-815-4227 On March 11, 2020, the World Health Organization declared the outbreak of a coronavirus (COVID-19) a pandemic. All rights reserved. Schedule of Payments of Interest and Taxes: Pismo Coast Village, Inc. (Company) is a recreational vehicle camping resort. Either way, you'll find yourself surrounded by luxury with amenities like spas, shops, restaurants, fitness centers and lounges. The downtown district is adjacent, providing many opportunities for shopping, dining and entertainment. sig. 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. Transfer fees: $550, payable to Harmony Ridge Resort. A Pismo Beach timeshare lets you enjoy all your favorite activities at your leisure. February and March of 2021 resumed with record occupancy, and projections are expected to meet or exceed 2020 occupancy for the remainder of fiscal year 2021. Your new yearly membership fee is $500. NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNRTING POLICIES. Membership was established in 2004. Listings displayed are the property of the member Associations of the North Santa Barbara County Regional MLS. 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. With storage, you can have your RV delivered and set up for you ahead of time. 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. Click the button below to proceed. 1,440 Sq Ft. The earnings per share are based on the 1,775 shares issued and outstanding. The Company entered into a lease with the County of San Luis Obispo on 06/02/2020 which expires 06/02/2022 at which time there will be an option to renew. Dinosaur Caves Park offers a fun playground along with an old-time band-shell that features occasional free concerts. Consent not required for purchase. Do Not Sell or Share My Personal Information. Sycamore Lodge near Pinehurst, NC and Gettysburg Battlefield, PA Plus Coast to Coast with thousands of affiliates around the USA. Unwind next to the swimming pool or in the hot tub before preparing dinner at one of the BBQ grills. The majority of the balance is due to timing differences of depreciation expense, caused by the use of accelerated depreciation methods for tax calculations. LP Gas, Photo Gallery 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. 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. sig. Anyone out there a shareholder in Pismo Coast Investments which owns Pismo Coast RV Village in California? Great fishing is available, along with windsurfing, beachcombing, and waterskiing. You may see more crowds, but. Copyright 2023 - Timeshare Broker Associates, LLC - All Rights Reserved Site Powered by, I give my elec. Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the 1934 Act is recorded, processed, summarized, and reported within the time periods specified in the SEC's rules and forms. The Company plans capital expenditures up to $200,000 in fiscal year 2021 to further enhance the Resort facilities and services. Rates Virtual Tours, 165 South Dolliver Street Pismo Beach, CA 93449, (888) RVBEACH 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. Pismo Beach timeshares can promise ocean views and all of the comforts of home. Pismo Beach timeshares invite families to enjoy classic California beach adventures they'll never forget. Enter your details below to be emailed when inventory matching your specifications becomes available. Dues PAID thru 9/1/2013, a plus. The Company has consistently demonstrated an ability to optimize revenues developed from the resort and retail operations during the summer season. Advertising expense was $6,336 and $7,225 for the six months ended March 31, 2021 and 2020, respectively, and $5,089 and $2,841 for the three months ended March 31, 2021 and 2020, respectively. Enjoy a miniature golf course, general store, restaurant that is open seasonally, a heated pool, laundromat, bike rentals and an arcade. Visiting in the spring and fall shoulder seasons promises warmer temperatures. RV storage provides numerous benefits to the customer including: no stress of towing, no need to own a tow vehicle, use of RV by multiple family members, and convenience. . Contact Pismo Coast Village RV Resort Specialist Today! Revenue primarily consists of recreational camping space rentals, revenue from recreational vehicle storage space and RV service and repairs, food and beverage sales and other ancillary goods and services. 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. Sign up to receive the latest deals and updates! Download Brochure, RV Storage Price $2,000 plus the transfer fee (as charged by 1000 Trails ), Email Paul@PaulJMurrayCPA.com; phone 407 739 5151. 5 Star RV Resort in Banning Ca. 909-792-3774 Yearly dues are $622.96 and buyer will be responsible for a $750 transfer fee. 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. Keeping your RV in its best shape assures a fantastic visit every time. This quality and pride of ownership was evident when the National Association of RV Parks and Campgrounds Park of the Year was awarded to the resort for 2007-08. I give my elec. Once you've decided to buy a Pismo Beach campground membership at Pismo Coast Village RV Resort, you'll find yourself longing to return to your seaside oasis often. {{current_weather.dt | momentjs( atts.date )}}, https://www.pismocoastvillage.com/AnnualReport2022-PCVwebsite.pdf, https://pismocoastvillage.com/wp-content/uploads/2016/08/CodeOfEthics.pdf. Great fishing is available, along with windsurfing, beachcombing, and waterskiing. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. to receive alerts when results become available. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK. I give my elec. The increase in the General Store revenue primarily reflects the increased resort occupancy due to COVID-19. $384 per month. You can also share your RV campground experience with loved ones by authorizing their use of the RV. 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. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect certain reported amounts and disclosures. 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. We couldn't find any timeshares matching your search term, but we can notify you when we have new timeshares for purchase or rental. 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. Due to the nature of business and economic cycles and trends, rates may be adjusted accordingly, if deemed necessary. If the Company fails to complete the required public improvements, monies will be drawn from the credit line to satisfy the County. 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. This condition could limit the Company's ability to pass through inflationary increases in operating costs at higher rates. Motor home sold makes this membership available. 1000 Trails/ Naco Alliance Membership for sale. Looking For a Reasonably-priced TT Membership? 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). 1,775. In March of 2020 there was a negative impact on paid occupancy, while the quarter ending March 31, 2021 reflects a 28% increase in paid occupancy over 2020. On California's Central Coast lies gorgeous Pismo Beach. The technical storage or access that is used exclusively for anonymous statistical purposes. Web Design and SEO by: Advanced Internet Management. We have camped at Pismo Coast Village before and wonder about the merits of owning a share or not. Each share of stock is intended to provide the shareholder with free use of the resort for a maximum of 45 days per year. The General Store revenue was up $39,301, or 36.0%, and RV Service revenue increased $511, or 0.4%, from the previous year. Thousand Trails Membership Elite membership for sale, purchased out right from mother in law who passed away. I give my elec. 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. 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. If you have a disability that is preventing you from experiencing this Accordingly, actual results could differ from those estimates. The Company began canceling reservations on March 19, 2020 and closed the park on March 23, 2020. Notes to Financial Statements (Unaudited). Buyer may receive a title fee credit, inquire for details! Take a ride on a biplane along the scenic coast for more memory-making fun times.

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