| Business Summary | | The
Deltona
Corporation
is
principally
engaged
in
the
development
and
sale
of
Florida
real
estate,
through
the
development
of
planned
communities
on
land
acquired
for
that
purpose.
The
Company
offers
single-family
lots
and
multi-family
and
commercial
tracts
for
sale,
in
communities
designed
by
the
Company.
The
Company
is
the
developer
of
11
planned
communities
in
Florida,
including
TimberWalk,
which
is
located
in
the
western
portion
of
Marion
Oaks.
Seven
communities
are
completed
and
four
are
in
various
stages
of
development.
The
Company
plans,
designs
and
develops
roads,
waterways,
recreational
amenities,
grading
and
drainage
systems
within
these
communities.
Since
1962,
the
Company
has
sold
over
157,000
single-family
lots
and
multi-family
and
commercial
tracts
in
its
communities,
in
addition
to
over
13,000
single-family
homes
and
over
4,300
multi-family
housing
units. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Deltona
Corporation
develops
and
sells
Florida
real
estate,
primarily
through
development
of
communities
on
acquired
land.
For
the
six
months
ended
6/30/01,
total
revenues
increased
50%
to
$6.9
million.
Net
income
totaled
$106
thousand
vs.
a
loss
of
$471
thousand.
Revenues
reflect
higher
land
sales
by
the
Company's
independent
dealer
network
and
a
gain
on
the
recovery
of
bad
debt.
Net
income
reflects
a
decrease
in
advertising
and
promotional
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Antony Gram, 58 Chairman,
Pres, CEO | -- | Sharon Hummerhielm, 49 Exec.
VP and Corp. Sec. | $133K | Donald McNelley, 54 Treasurer | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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