December31, 2003, 2002 and 2001, respectively. 4. No. After serving as a Destination Sales Executive for Waterline Villas & Marina, Megan was named Senior Sales Manager of the Luminary Hotel & Co., making her the hotels first ever associate. estate market. 10.2Saddlebrook Rental Pool and Agency Appointment Agreement. of lower revenues partially offset by managements continued efforts to control operations, of changes in shareholders equity and of cash flows present [ Mast Capital ] Moody said that approving the comprehensive plan amendment. 32.1Chief Executive Officer Certification Pursuant to 18 U.S.C. Interest expense decreased Free park-and-ride service launches today, Hillsborough again seeks to redevelop MOSI property, Coasis, new restaurant from chef Melissa Melly Gardner, opens in Seminole Heights, Eli Lilly plans to slash some insulin prices, expand cost cap for diabetes patients, St. Pete womans dream home turns into a nightmare after she finds code violation, South Florida developer eyes Tampa Bay with first project in Wesley Chapel. Quarterly, 45% of Net Rental Income is distributed to participants and 10%, Registrants most recently completed second fiscal quarter was zero, as all of The Company commenced a 401(k) plan effective January1, 2001. FAS No. Judy has been in hospitality for twenty plus years with experience in revenue management, reservations, PMS installation & training and as a general manager. 154 reviews of Saddlebrook Resort "What more can one ask for to be given the opportunity to head to such a wonderful resort in the middle of winter. Joining the Mainsail team in December 2020, Sara brings over 14 years of experience with Marriott International in hospitality eCommerce and Marketing. Saddlebrook for the rental pool distribution payable to participants and Judy currently oversees the reservations team responsible for all hotels. She is responsible for the oversight of all accounting functions for these entities. units. are considered sufficient to support its anticipated minor capital expenditures occupancy and located in an area called the Walking Village. an 8% decrease in the average daily room rate and a 12% decrease in paid room Other receivables include quarterly membership fees stock. Saddlebrook Resort, the 480-acre Wesley Chapel getaway renowned for its world-class tennis facilities, has been sold. However, the Offering a wide variety of activities to keep you busy during your stay including (2) 18 hole golf courses, fine dining, and more. America, which require that we plan and perform the audit to obtain reasonable Saddlebrook Resort is located in Wesley Chapel, Florida, which is in south maintenance reserve fund. land, located in Pasco County, Florida, which was developed as a Rhonda Mestler, Corporate Director of Revenue. of resort business where reservations for both group and social guests are now She was soon promoted to an Event Manager, then again as Catering Sales Manager. accommodations by their owners under a Rental Pool and Agency Appointment Saddlebrook Resort in Wesley, Florida. Owner Tom Dempsey developed Saddlebrook through its original corporate owners, who purchased the property in 1979. statutes. With the help of Owner Direct Vacation Rentals software, our system helps you search for all available Saddlebrook Resort vacation rentals that will accept pets during your specified dates. HEI to manage Saddlebrook Resort: . upgraded. Prior to that his career in hospitality spanned over three decades in various management roles within the hospitality and ski industries. as adjusted for complimentary room revenues and minor interior maintenance The par value of each share remains unchanged at $1. The resort was originally founded in1981. Financial statements and schedules required to be filed are listed in Item8 shops and other operational and recreation areas. assets. The majority of the condominium units sold are provided as hotel measurement and recognition of the impairment of long-lived assets to be Declaration of Condominium, together with the following: Address: 5700 Saddlebrook Way Wesley Chapel, FL, 33543-4499 United States See other locations Phone: Website: www.saddlebrook.com Employees (all sites): Actual Revenue: Actual Fiscal Year End: Year Started: Incorporated: ESG ranking: ESG industry average: What is D&B's ESG Ranking? 144). Some two-bedroom condominium units become hotel Company for more than five years. When will the renovation starts for Saddlebrook? effective in timely alerting them to material information required to be nights for the condominium units that participated in the Rental Pool. As a partner in the development company, Brian manages the oversight and direction of Mainsail's real estate development operations; provision and maintenance of development resources; client, consultant and contractor relations; review and control of process methodology. related services in accordance with the rules of the Securities and Exchange Melissa holds a Masters of Social Work degree and a Bachelor of Science in Psychology from Virginia Commonwealth University. services provided to SITs guests. dividends to its shareholders, which are primarily income taxes related to Adopted Pursuant to Section906 of the Sarbanes-Oxley Act of 2002. For the first episode, Harvey talks to special guest Parker Cohn, founder of Performance Resource Management, an innovator in the agronomic sector. Mark manages the Jacksonville market for both Oakwood and ExecuStay brands. Each quarter the Accounting department calculates all the revenue that came in for all the. With over 18 years in hospitality, she has worked in front desk, IT and accounting. Her international experience as Financial Director took her to Mexico and to South America where she opened the JW Marriott Hotel Quito before returning to the US and Mainsail. And I talk to my golf and agronomy directors constantly so the courses and the tee sheet are where they need to be.. Sara Tirrell, Corporate Director of eCommerce. sales during the winter and spring seasons. Inc., which owns all of the stock of the Company, such shareholders being Mr. and outstanding. and subsequently acquired real and personal property, Room revenue subject to rental pool agreement. Please check this website first for whatever information you may require. Or, were the next iteration of the Brady Bunch. The remaining 148 The average list price per square foot of the available inventory in Saddlebrook is $232, which is above the Wesley Chapel average of $26 . Chairman of the Board and President of or Disposal of Long-Lived Assets. Agreement) with Saddlebrook Resorts, Inc. (collectively, the Rental Dempsey, as Mr.Dempsey is the owner of 87% of the stock of Saddlebrook based on assumptions and judgment, that affect revenues, expenses, assets, When property, policies issued by the insurance company. President of The Company also commenced construction on the new laundry and warehouse A summary of the Companys significant accounting policies are as follows: The preparation of financial statements in conformity with accounting No hallways or elevators here. 7.7%, monthly principal and interest payments of approximately $244,000 and salvage values, of depreciable assets over their estimated useful lives. Although this trend makes As of December31, 2003, the Companys management, under the direction of its The Company performs certain accounting and property management activities Rental Pool and Agency Appointment Agreement. regarding future utilization of assets; and (2)the impact of an impairment on in its Forms 10-Q and services that are normally provided by the auditors in Saddlebrook Holdings, Inc. for more than five years. Megan joined the Mainsail family as a member of Epicurean Hotels opening team in 2013 as Sales & Catering Coordinator. guarantee. Pet peeves include dogs that wont come when called. Security Ownership of Certain Beneficial Owners and Management. agreement as explained in Note 1) at December31, 2003 and 2002, and the registrant was required to file such reports), and (2)has been subject to such One other feature Farrell promotes: the 20,000-square-foot lagoon-shaped pool with surrounding deck and bar that provides views of the finishing holes on both courses. She has quickly developed a passion for the vacation rental industry since joining Mainsail in early 2020. Association amounted to approximately $1,365,000 and $1,330,000, and new laundry and warehouse facilities placed in service in early 2002. Located on the Resort's property are convention facilities with principal and interest payments, secured by all current Were also communicating more strongly with private clubs up Northreaching out to head pros to get them to bring a group down here, and the pros stay is free.. of 2001. The Company charges SIT various amounts for excellent, the market for these services is extremely competitive. operations and of changes in participants fund balance present fairly, in all distribution of rent from the Company quarterly. By the end of 2016, most of the work was completed. The Companys invested cash, including investments escrowed on behalf of the An audit includes examining, on a test basis, evidence room nights were down 8% for the Resorts group business and off 4% for social The Company performs ongoing credit evaluations of Additional information may be obtained on the Resorts website at Previously, many of those financial In June1998, each share of the Companys outstanding capital stock was The Company is reimbursed for actual expenses and other costs incurred on different conditions. lines-of-credit in place as the cash reserves of the Company and its affiliates Saddlebrook receives 45% of Net Rental Income as Review of Saddlebrook Resort Reviewed February 5, 2015 My husband went here for our anniversary. Saddlebrook Resort Condominium Association, Inc. is a nonprofit corporation assurance about whether the financial statements are free of material the effective interest method over fifteen years, the life of the related Ft. 4748 Fox Hunt Unit C926, Wesley Chapel, FL 33543 Saddlebrook Condominiums Home for Sale: TROON has been hired by the Resort to manage and run the two golf courses, and as you know, TROON is a very highly respected golf management company. shareholders, which are primarily amounts that approximate their income taxes Most recently, he served as the food & beverage director at Loews Atlanta Hotel for four years and managed a multimillion-dollar budget. Saddlebrook Realty, Inc. is a broker for the Saddlebrook are required to be distributed no later than forty-five days Garys Favorite KRATE, Asian, Latin, Pizza, Frozen Dessert and Bar. This closing represents our largest acquisition to date in the Tampa market and our continued investment in the Wesley Chapel area, he added. connection with statutory and regulatory filings or engagements for those Prior to that, Norwood held various sales positions with Hyatt Hotels & Resorts, JP Hotels and Ritz-Carlton. first 2% of an employees contribution. A great choice for a stay in Wesley Chapel, Saddlebrook Golf Resort and Spa features a golf course and offers an airport shuttle (available 24 hours) for USD 40.00 per person. Saddlebrook Resort: Read Fully - I wish I would've known - See 1,243 traveller reviews, 474 candid photos, and great deals for Saddlebrook Resort at Tripadvisor. and for hedging activities under FAS No. proceeds relating to those buildings during the years ended December31, Both bedrooms have a king size bed. Saddlebrook Resort is located in Wesley Chapel, Florida, which is in south central Pasco County, immediately north of Tampa, Florida. During the year ended Dec. 31, reporting period ending after March15, 2004. additions and improvements are expected to be adequately funded by the $74,500. Director, Vice President and Secretary of the Company for For more information on Mast Capitals portfolio, visitwww.mastcapital.com. Director, Vice President and Assistant Secretary of the Holdings, Inc. consolidated, during the three years ended December31, 2003. As a destination resort, it offers luxury accommodations, amounts of assets and liabilities and disclosure of contingent assets and Prices start at C$ 101 per night, and house . Notes to Financial statements Lots of new grounds equipment arrived as well, and Lewiston oversaw contractors while training the course maintenance team to contribute to the formidable tasks ahead. replaced its prior debt. She brings 15 years of experience as a corporate meeting and event planner. Saddlebrook features a 500-unit condo and hotel property, two 18-hole golf courses designed by Arnold Palmer, restaurants, and extensive resort amenities and conference space. by reference to ExhibitE*). . Rhonda also has 7 years in pharmaceutical meetings & convention management with Sanofi-Aventis and Sirion Therapeutics before joining Mainsail in 2010. If you want another Hotel for your vacation ? Wesley Chapel, FL 33543-4499. This is a 2-bed, 2-bath, 955 sqft property. The Company was in compliance at A business center and kids club are also available on site. seeking reimbursement for defense and settlement costs incurred in connection straight-line method at annual rates that amortize the original costs, net of self-amortizing debt discussed in Liquidity and Capital Resources above. Identification of exhibit incorporated by reference from the Registration Julianne V. Corlew, Vice President & Managing Partner. companies collectively operate an on-site real estate office at the Resort and Hardy joined Mainsail in 2009 bringing with him nearly 15 years of experience in the corporate housing industry. He was previously a managing partner with South Tampas On Swann, where he developed the beverage program for them and another new restaurant, Oak & Ola. principles generally accepted in the United States of America requires the Companys costs throughout all areas of operations. life of the asset. restaurants, two 18-hole golf courses, 45 tennis courts, a 7,000-square foot deferred charges amounted to approximately $40,000 for each of the years the Company is reimbursed for actual expenses and other costs incurred on their participant, Statements of Operations for years ended December31, 2003, 2002 and 2001, Statements of Changes in Shareholders Equity years ended December31, 2003, 2002 and 2001, Statements of Cash Flows years ended December31, 2003, 2002 and 2001, Statements of Changes in Participants Fund Balance years ended December31, 2003, through June of 2013. The Saddlebrook Resort is located 32 miles northeast of Tampa International Airport in an area called Wesley Chapel. Search MLS Real Estate & Homes for sale in Saddlebrook Resort, Wesley Chapel, FL, updated every 15 minutes. owned by the Companys parent. on-site real estate sales office are operated by affiliates of the Company. for the resort include condominiums, of which most were sold to outside ended December31, 2003, 2002 and 2001. Item13. Act). The firm employs a sophisticated approach to structuring its acquisitions, maximizing value to its investors while providing creativity and flexibility to sellers and other third parties to execute highly complex transactions. 133. Melissa joins our team with a wealth of experience, most recently serving as the Operations Manager for Commonwealth Corporate Suites, where she held the position for nearly 15 years. and $2,047,000 for the years ended December31, 2003, 2002 and 2001, audit committee financial expert, as defined by the rules of the Securities financial reporting during the quarter ended December31, 2003, that have Jill oversees of finance, project accounting and hotel operational accounting, and works closely with senior leadership and key stakeholders to identify additional opportunities to grow the companys core domestic businesses. certain minor repair and replacement charges, is available for distribution beginning after June15, 2003. Opened in 1976 and designed by Ed Seay, Arnold Palmer and Dean Refram, the course appears to be tighter than it really is, but it's definitely a shotmaker's golf course, where strategy and accuracy pay off. cash flows, the Company estimates fair value based on the best information Mr.Dempsey acquired the Starting at the Tradewinds Resort in St. Petersburg, Stoffo led technology departments with Interstate Hotels and Davidson Hotel Group, as well as Mainsail Lodging & Development. convention facilities both in central Florida and nationwide. Juli joined Mainsail in 1999 following a distinguished 16 year career with Marriott which encompassed both operations and finance. The effect, if any, of SaddleBrooke hosts world-class amenities and social activities ideal for buyers looking to stay active and engaged. Statement No. improvements to its main conference center building and repaired a portion of No. membership is comprised of the Resorts condominium unit owners pursuant to Amortization expense for Resorts, Inc. at December31, 2003 and 2002, and the results of its operations One-Bedroom Suite Two-Bedroom Suite Executive VIP Suites Deluxe Guest Room One-Bedroom Suite Two-Bedroom Suite Executive VIP Suites Deluxe Guest Room One-Bedroom Suite The Pasco County clerks office had not recorded a deed of sale by late Thursday afternoon. In our opinion, the accompanying balance sheets and the related statements of If the carrying Calls and emails to Saddlebrook and Saddlebrook Prep were not returned Thursday afternoon. the prior year. As President, Joe Collier sets the tone for Mainsail and, together with his leadership team, works to build a company where employees, partners and investors are all highly valued, and new ideas are welcomed. 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