| Business Summary | | California
Coastal
Communities
Inc.
is
a
residential
land
development
and
homebuilding
company
with
properties
located
primarily
in
Southern
California.
The
principal
activities
of
the
Company
and
its
consolidated
subsidiaries
include:
obtaining
zoning
and
other
entitlements
for
land
it
owns
and
improving
the
land
for
residential
development;
and
single-family
residential
construction
in
Southern
California.
Once
the
residential
land
owned
by
the
Company
is
entitled,
it
may
build
homes,
sell
unimproved
land
to
other
developers
or
homebuilders,
sell
improved
land
to
homebuilders,
or
participate
in
joint
ventures
with
other
developers,
investors
or
homebuilders
to
finance
and
construct
infrastructure
and
homes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | California
Coastal
Communities
is
a
residential
land
development
and
homebuilding
company
with
properties
located
primarily
in
Southern
CA.
For
the
six
months
ended
6/30/01,
revenues
totaled
$25.3
million,
up
from
$7.5
million.
Net
income
totaled
$5.5
million,
up
from
$1.5
million.
Revenues
reflect
the
deliveries
of
an
aggregate
of
50
homes.
Higher
income
also
reflects
higher
income
from
joint
ventures,
increased
prices
and
lower
SG&A
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Raymond Pacini, 45 Pres,
CEO | $285K | Sandra Sciutto, 41 Sr.
VP, CFO | 232K | 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
|
|