With 400 RV hookup sites, you'll enjoy blissful camping experiences with modern amenities like complimentary wireless Internet and cable television. Choose the atmosphere of your choice. Once you've decided to buy a Pismo Beach campground membership, everyone will look forward to oceanside camping and memory making experiences. sig. Less than a block from Pismo Beach's beautiful ocean, WorldMark Pismo Beach offers you many water activities. I also agree to the. Due to the nature of the business, the Companys revenue is not significantly impacted by refunds. 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. Never pay an upfront fee and let us take the hassle out of selling your Pismo Beach timeshare resale. Yearly dues are $622.96 and buyer will be responsible for a $750 transfer fee. Web Design and SEO by: Advanced Internet Management. Migrating monarch butterflies gather here annually, and this is an excellent beach for water sports and ATV riding. 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. 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. Enjoy a miniature golf course, general store, restaurant that is open seasonally, a heated pool, laundromat, bike rentals and an arcade. 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. Then, those member banks issue CDs in amounts under $250,000, so that the entire deposit balance is eligible for FDIC insurance. 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. STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY, MARCH 31, 2021, MARCH 31, JUNE 30, SEPTEMBER 30, AND DECEMBER 31, 2020. Contact Pismo Coast Village RV Resort Specialist Today! The Company has also maintained a line of credit of $500,000 to ensure funds will be available, if required. This approximation is based on historical information. I give my elec. Retail revenue, and specifically General Store revenue increased 36.0%, above the same period ended March 31, 2020 due to increased occupancy. ITEM 3. Your browser is out of date or unsupported. The Company enjoyed four consecutive months of record site occupancy until the State mandated a Stay-at-Home order on December 3, 2020. 100 Ocean View Ave., Pismo Beach, California, 93449. ITEM 2. Therefore, interest noted on the balance sheet will not be applied. Unlike organizations such as Thousand Trails, Pismo Coast Village is owned by shareholders. 2 Beds. Enter your details below to be emailed when inventory matching your specifications becomes available. 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. Less than a block from Pismo Beach's beautiful ocean, WorldMark Pismo Beach offers you many water activities. Pismo Coast Village RV Resort Timeshares for Sale and Rent 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. Premier Membership with cabin package. The Company continues to promote and depend upon recreational vehicle camping as the primary source of revenue. 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. Cost: $1800 or best offer includes annual dues and maintenance fees. You can use WHR for 2 weeks in and 1 week out all year long. 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. Great fishing is available, along with windsurfing, beachcombing, and waterskiing. At March 31, 2021, September 30, 2020, and March 31, 2020, capital lease obligations consisted of the following: NOTE 5: CAPITAL LEASE OBLIGATIONS (continued). 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. Sell, rent, or buy a Pismo Beach timeshare for sale on the resale market and save thousands over resort retail pricing! 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. 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. Management did not identify any subsequent events that required disclosure. The Company uses the asset-liability method of computing deferred taxes in accordance with ASC Income Taxes topic. Increases in transportation and fuel costs or sustained recessionary periods could also unfavorably impact future results. Thousand Trails Membership Elite membership for sale, purchased out right from mother in law who passed away. For the six-month period ending March 31, 2021, operating expenses decreased by $120,254, or 4.4%, below the same period in 2020. General Store The Company has a revolving line of credit with Pacific Premier Bank (formerly Heritage Oaks Bank) for $500,000, expiring April 1, 2021. 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. Swimming pool, lake, recreational activities, store on site. Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330. Potlatch Resort in historic LaConner, Washington has swimming pool, Jacuzzi, Although the supply-demand balance generally remains favorable, future-operating results could be adversely impacted by weak demand. 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. A review of interim financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial and accounting matters. Due to the nature of business and economic cycles and trends, rates may be adjusted accordingly, if deemed necessary. Popular pastimes in the area include surfing, kayaking and dune buggy rides. Rates ft. apartment is a 2 bed, 2.0 bath unit. may result in a faster sale of my timeshare. 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. Start your tour of the area on the Pismo Beach Pier. This expense primarily reflects financing for trucks used in the companys RV storage and towing operation. We have previously audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the balance sheet of the Company as of September 30, 2020, and the related statements of operations, and statement of changes in stockholders equity, and cash flows for the year then ended; and in our report dated November 18, 2020, we expressed an unmodified opinion on those financial statements. The Company expects the note payable to be forgiven. Finally, the Company collects Transient Occupancy Taxes (TOT) and Tourism Business Improvement District (TBID) assessments from guests which are remitted to the City of Pismo Beach and County of San Luis Obispo and are excluded from revenues. Accordingly, we do not express such an opinion. There are similar hotels available. Stays at preserves can be reserved 90 days in advance and can be up to 14 days. We market your timeshare vacation property worldwide to help connect timeshare sellers with buyers. You'll encounter few travelers, but you may have to deal with some cloudy days and the occasional rain shower. Pismo Coast Village RV Resort. 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. Consider Pismo Beach timeshares when you're ready to soak up the sun and play in the surf. 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). Management did not believe an allowance for doubtful accounts was necessary as of March 31, 2021, September 30, 2020, and March 31, 2020. Cash payments received in advance of guests staying at the resort are refunded to guests if the guest cancels within the specified time period, before any services are rendered. Please contact the Corporate Office for assistance at (805) 773-5649 or rv@pismocoastvillage.com. 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. 5 Star RV Resort in Banning Ca. PCVs financial information is always readily available for your review. Transfer fee is included. Web Design and SEO by: Advanced Internet Management. 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. 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. A 2020 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,166, including interest at 5.406% per annum, through May 2027. We have moved to Southern California and need to sell our Harmony Ridge Resort membership, located in Nevada City, CA. Pismo Beach timeshares can promise ocean views and all of the comforts of home. Great for cool summer getaways. Each office is independently owned and operated. Results of Review of Interim Financial Information. We are the original owners. THE BASICS OF SHARE TRANSFERS THE BASICS OFSHARE TRANSFERS Pismo Coast VillageCorporate Office rv@pismocoastvillage.com (805) 773-5649165 S. DolliverPismo Beach, CA 93449 PCV SHAREHOLDER Maybe your family spent summers at Pismo Coast Village, and you want to bequeath your share to your children. 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. Listings displayed are the property of the member Associations of the North Santa Barbara County Regional MLS. The Company anticipates positive performance in income from retail operations as the resort reopens for business following restrictions due to the COVID-19 pandemic. We post our most recent filings with the Securities and Exchange Commission (SEC) here. We couldn't find any timeshares matching your search term, but we can notify you when we have new timeshares for purchase or rental. Inventory is comprised primarily of finished goods in the general store and in the RV repair shop. Web Design and SEO by: Advanced Internet Management, Please wait we are loading some suggestions for you, I give my elec. Location 4.6. Adjustments to reconcile net income to net cash provided by operating activities: Changes in operating assets and liabilities: Net cash provided by operating activities, Principal payments on capital lease obligations, Net increase in cash and cash equivalents, Cash and Cash Equivalents Beginning of Period, Cash and Cash Equivalents End of Period. Copyright 2023 RV Property. 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. Your new yearly membership fee is $500. Site Map With storage, you can have your RV delivered and set up for you ahead of time. International: 1-603-516-0200, 100 Ocean View Ave., Pismo Beach, California, 93449. The Company began canceling reservations on March 19, 2020 and closed the park on March 23, 2020. Dues have been paid currently so no past due dues all 1000 Trail and NACO campgrounds. saving this search Toll Free: 1-877-815-4227 The Company does not disclose the value of unsatisfied performance obligations for contracts with an expected length of one year or less. 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. 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. 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. sig. Text msgs. It's the ideal place to enjoy a classic beach getaway thanks to its beautiful coastline, sparkling waters and fun attractions. I give my elec. sig. WorldMark Pismo Beach. An authentic California beach town getaway is the perfect escape from the bustle of everyday life. Advertising expense was included in operating expenses on the statement of operations. At March 31, 2021, September 30, 2020, and March 31, 2020, the cost of assets under capital lease was $405,819, $405,819, and $398,770 and related accumulated amortization was $234,882, $196,991 and $233,750, respectively. 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. Listing by Real Estate One - Greg Beck. Listing Broker has attempted to offer accurate data, it is deemed reliable but not guaranteed. You can also share your RV campground experience with loved ones by authorizing their use of the RV. and consent for BuyATimeShare and. Sports enthusiasts can enjoy surfing, fishing, kayaking, sailing, body boarding and kite boarding at places like Pismo State Beach. The technical storage or access that is used exclusively for anonymous statistical purposes. 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. Take a ride on a biplane along the scenic coast for more memory-making fun times. Company profile page for Pismo Coast Village Inc including stock price, company news, press releases, executives, board members, and contact information Very motivated sellers-we are relocating. 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. Inventory has been valued at the lower of cost or market on a first-in, first-out basis. these are still light compared to the summer high season when locals and tourists flock to the beautiful beaches. Everyone will appreciate a convenient General Store right on the property for those creature comforts that make vacations enjoyable. Look for ocean views from a furnished balcony where you can enjoy a breakfast that you prepared in the full kitchen. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS, ITEM 4. The shares are personal property and do not constitute an interest in real property. Paradise Cove Resort and Marina, Rockaway Beach, Oregon has a marina, clubhouses, swimming pools, Jacuzzi, tackle shop, 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. We want $1200 for the membership plus the buyer pays approx. Membership provides access to 5 sister sites NC, OH, FL. 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. . Membership was established in 2004. The loan, which was in the form of a note dated April 28, 2020 issued by the borrower, matures on April 28, 2022 and bears interest at a rate of 0.98% per annum, payable monthly commencing on November 28, 2020. Call 603-883-8626 or 1-800-640-6886 for assistance. The resort remained closed until May 22, 2020 at which time the County of San Luis Obispo permitted occupancy to fifty percent. All undisputed payables have been paid in full according to the Company's policy. Unwind next to the swimming pool or in the hot tub before preparing dinner at one of the BBQ grills. {{current_weather.dt | momentjs( atts.date )}}, https://www.pismocoastvillage.com/AnnualReport2022-PCVwebsite.pdf, https://pismocoastvillage.com/wp-content/uploads/2016/08/CodeOfEthics.pdf. 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. 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. (CRMLS) 4 beds, 2.5 baths, 1641 sq. 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. 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.
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