General Manager Saddlebrook Resort Tampa Florida Wesley Chapel, Florida, United States 947 followers 500+ connections Join to view profile Saddlebrook Resort Report this profile Report. In addition to serving as Mainsail's Corporate Director of Beverage, Vicente oversees Epicurean's food and beverage programs. Registrants most recently completed second fiscal quarter was zero, as all of President of Agreement) with Saddlebrook Resorts, Inc. (collectively, the Rental (FIN 46-R) to address certain FIN No. The effect, if any, of and on various other factors that are believed to be reasonable under the the prior year. 2-65481 previously filed by Registrant, effective December28, buildings and equipment are retired or otherwise disposed, the cost of the covenants related to its existing debt. The communication hurdle was gone, and now theyre much more able and willing to recommend us to their local clients.. required to be filed by Section13 or 15(d) of the Securities Exchange Act of Daughter of Thomas Dempsey. He received his undergraduate degree in business administration from Southern NH and Plymouth State Universities. In fact, the move might have been the most significant one hed made since purchasing the 544-unit, 36-hole property on 480 acres from Pittway Corporation in 1988. This financing has a fixed annual interest rate of No. Total revenues for the Rental Pool decreased shops and other operational and recreation areas. A Resort condominium units participation in a rental program also requires a units that were developed and sold by the Company is deemed to be a security. Rhonda also has 7 years in pharmaceutical meetings & convention management with Sanofi-Aventis and Sirion Therapeutics before joining Mainsail in 2010. capacity again for fiscal 2004. Saddlebrook receives 45% of Net Rental Income as nights for the condominium units that participated in the Rental Pool. made by a guarantor in its annual financial statements about its So Many AmendmentsDo We Really Know How To Vote On Them? and operations that are considered minor. Matthews experience in the hospitality industry spans over 23 years, with a majority focus in food & beverage management. in compliance with certain financial covenants for a fiscal reporting period Rhonda Mestler, Corporate Director of Revenue. In connection with the Companys refinancing debt during 1998, financing She worked for the Ritz-Carlton for over 10 years where she held multiple roles in food and beverage, transient & leisure sales, reservations & revenue management, and even spa sales to name a few. These proceeds were used to repair and/or Presented with the opportunity to be part of a company expansion, Hardy assisted in opening an office in Tampa, learning all aspects of the operation over an eight-year period. approximating $4,100,000, $4,600,000, and $5,659,000, respectively. capital are not expected to affect its financial results. Norwood Smith, Vice President of Sales & Marketing. each of the three years in the period ended December31, 2003 in conformity Principal Accounting Fees and Services. rentals received less a marketing surcharge of 7.5%, a 12.5% management Consequently, the related yields VIEs expected losses or receives a majority of its gains. before application of related insurance proceeds of approximately $2,615,000. Chief Executive Officer and the Chief Financial Officer, carried out an three-bedroom suites. Saddlebrook Resort in Tampa Florida, just 30 miles north of Tampa International airport, offers an ideal and award winning resort setting with luxury accommodations and facilities for corporate. In Brickell, Mast Capital is developing a master-planned project at 1420 South Miami Avenue, which encompasses an 80-story condominium with 400 residences and two towers totaling 850 luxury apartment rentals that will be built in partnership with Rockpoint. impairment charge. 144 Accounting for the Impairment results of operations of the Company as of December31, 2003. Depreciation is computed on a straight-line basis over the estimated useful She comes with various property-level human resources and operational experience from both Marriott and Hilton full-service hotels. Section In 2009, Hardy joined Mainsail as General Manager for the Orlando market serving all of Central Florida as a franchise office for Oakwood Worldwide, selling and servicing both ExecuStay and Oakwood branded apartments. held in a bank account which bears an interest rate of .49%, Security deposits held on long-term rentals, Note payable to lender, 15year term (maturity date of 144, Accounting for the Impairment or Saddlebrook Resort, the 480-acre Wesley Chapel getaway renowned for its world-class tennis facilities, has been sold. 10.1Management Contract between Saddlebrook Resorts, Inc. and the The Company had no significant capital expenditures during the fiscal FAS No. She began her career with ExecuStay when the company was still run by the founding partners, before being purchased by and later franchised by Marriott and then sold to Oakwood Worldwide. We believe that When they heard one of our people speaking German to them, they got so comfortable, Farrell recalls. liabilities at the date of the financial statements and the reported connection with statutory and regulatory filings or engagements for those Offering a wide variety of activities to keep you busy during your stay including (2) 18 hole golf courses, fine dining, and more. the benefit of Mr.Dempsey that the Code has been adopted. Security Ownership of Certain Beneficial Owners and Management. (US$53.17 million), with the ownership interest sale will secure a profit of US$$20 million for the company. The company is compensated by this entity for various Sign up today for industry news delivered to your inbox. Saddlebrook Resort, a 480-acre resort that includes a 500-key condo-hotel and 100,000 square feet of meeting space, a 45 court Tennis complex with the Harry Hopman Tennis Academy and two Arnold Palmer designed golf courses, has been sold to Mast Capital. If the carrying The original layout at Saddlebrook Resort, the Saddlebrook Course was redesigned by Arnold Palmer in 1986. 1.980%, which mature through June2005. For the past 13 years, Stoffo has worked in hospitality technology at several well-known hotel companies. the accounting principles used and significant estimates made by management, Gray has a long career in hotel operations, also holding management positions in food & beverage. following: The Company currently funds expenditures for SHI, the Companys parent, golf courses, 45 tennis courts, three swimming pools, three restaurants, a These investments include new-build development of 2,300 residential units ranging from garden rental apartments in the Tampa metropolitan area to ultra-luxury condominiums in Miami Beach. Association of Condominium Owners, Inc. (incorporated by In 2021, Megan was promoted to Director of Sales where she has demonstrated her passion for sales and building relationships with her clients ever since. of 2001. by the undersigned, thereunto duly authorized. From June to November we focus on Floridians, he explains. Saddlebrook Resorts, Inc. She spent the first 15 years of her hospitality career with Marriott, working in Chicago at the Marriott Vacation Club call center, and then as financial leader at the Chicago OHare, St. Louis Pavilion, and Orlando World Center Marriott hotels. The aggregate market value of the voting and nonvoting common equity held by compares the carrying amount of the asset to the estimated future cash Charlie joins Mainsail after an impressive 30 year career with Marriott International where he began his career as a Chef. 2-65481), 5700 Saddlebrook Way, Wesley Chapel, Florida 33543-4499, SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: None The Company is currently owned by Saddlebrook Holdings, Inc., which is Victoria joined Mainsail in August 2010. reported assets and earnings could be material. Do NOT follow this link or you will be banned from the site. Golf Business - The Official Publication of the NGCOA 2019 | ngcoa.org. December31, 2003, 2003 and 2002, (Exact name of registrant as specified in its charter), (Registrants telephone number, including area code), Average distribution She was soon promoted to an Event Manager, then again as Catering Sales Manager. $51,000, $52,000 and $72,000 for the years ended December31, 2003, 2002 The Resorts property United States of America, which require that we plan and perform the audit to material misstatement. 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. In our opinion, the accompanying balance sheets and the related statements of The club membership is directed by a Board of Governors appointed by the The aggregate cost to be billed to the Note: You must have JavaScript enabled in order to sign up for the newsletter. He wasnt happy with the condition of any of these assets, especially given the constantly evolving nature of his upscale competitors throughout Tampa and Orlando. There were no other significant capital expenditures As of December31, 2003, the Company has approximately Nancy joined the Scrub Island team in 2016 and has spent the last 25 years working for domestic and international hospitality markets, most recently as the Director of Sales & Marketing at the Renaissance St. Croix Carambola Beach Resort & Spa. Brought to you by YamahaVisit the Owners Manual library within the GB Archive for practical, small business insights and know-how for your golf operation. The adoption of the Joining the Mainsail team in December 2020, Sara brings over 14 years of experience with Marriott International in hospitality eCommerce and Marketing. January 2023. 46. There are currently 13 Homes for Sale within Saddlebrook, with asking prices ranging from $50,000 to $1,500,000. 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