Private company
Salamander Innisbrook, LLC
Salamander Innisbrook, LLC is an American amusement and recreation services company based in Palm Harbor.2
Last updated Oct 21, 2026.
Overview
- IndustryServices-Amusement & Recreation Services2
- HeadquartersPalm Harbor, United States2
- Incorporated inFL4
- Business address36750 Us Highway 19 North, Palm Harbor, Fl 346844
- Filer categoryNon-accelerated filer, Smaller reporting company4
- Legal formLimited Liability Company2
- LEI549300IWQ1ZCP7WEMG462
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O CORPORATION SERVICE COMPANY, 32301 Tallahassee, United States2
- Registered withFlorida Division of Corporations, L070000633172
See how the biggest companies compare on our leaderboards
Salamander Innisbrook, LLC (the “Company”) was organized on June 14, 2007, by Salamander Farms, LLC under the laws of the state of Florida for the purpose of owning and operating Innisbrook Resort and Golf Club (the “Resort” or "Innisbrook"). The Company, and its wholly owned subsidiaries, Salamander Innisbrook Securities, LLC and Salamander Innisbrook Condominium, LLC, are hereinafter referred to as “we”, “us”, “our”. On July 16, 2007, we purchased the Resort, three condominiums, which became Salamander Innisbrook Condominiums, LLC, and all of the equity interests in Golf Host Securities, Inc. from Golf Trust of America, Inc. and its subsidiaries and affiliates. The Resort is a full service 63-hole destination golf and conference facility located near Tampa, Florida. The Resort features 1,216 condominium rooms, all of which are owned by third parties or affiliates. Approximately 287 con…5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs100¢$46.5M
- Income tax0¢$26.0K
Out of $46.5M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending70¢$1.4M
- Kept or used elsewhere30¢$589.5K
Out of $2.0M of cash from operations.3
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $43.2M6 | $38.2M7 | $22.4M8 | $34.6M9 | $44.2M10 | $46.4M11 | $47.2M3 | $46.5M3 |
| Operating expenses | $34.9M9 | $43.2M10 | $47.3M11 | $48.9M3 | $49.1M3 | |||
| Operating income | -$223.2K6 | -$745.8K7 | -$3.2M8 | -$323.1K9 | $958.7K10 | -$946.1K11 | -$1.6M3 | -$2.6M3 |
| Income before tax | $2.5M10 | $8.4M11 | -$2.0M3 | -$2.1M3 | ||||
| Income tax | $167.9K11 | $23.0K3 | $26.0K3 | |||||
| Net income | -$998.0K6 | -$1.4M7 | -$3.7M8 | $2.7M9 | $2.5M10 | $8.2M11 | -$2.0M3 | -$2.1M3 |
No quarterly figures reported.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash | $1.7M7 | $1.8M7 | $2.0M8 | $3.2M9 | $4.4M10 | $11.7M11 | $7.2M3 | $6.8M3 |
| Receivables | $1.9M9 | $1.7M10 | $1.8M11 | $2.7M3 | $2.3M3 | |||
| Inventory | $881.5K9 | $1.2M10 | $889.0K11 | $1.2M3 | $1.2M3 | |||
| Current assets | $5.0M6 | $4.9M7 | $5.0M8 | $7.1M9 | $8.9M10 | $16.2M11 | $13.3M3 | $12.3M3 |
| Property, plant and equipment | $32.4M9 | $32.2M10 | $32.6M11 | $34.5M3 | $33.8M3 | |||
| Intangible assets | $4.3M9 | $4.3M10 | $4.3M11 | $4.3M3 | $4.3M3 | |||
| Total assets | $46.5M6 | $50.0M7 | $48.4M8 | $48.7M9 | $49.2M10 | $56.2M11 | $55.8M3 | $53.6M3 |
| Accounts payable | $1.3M9 | $1.6M10 | $1.4M11 | $2.5M3 | $1.8M3 | |||
| Current liabilities | $10.7M6 | $12.4M7 | $10.2M8 | $20.1M9 | $10.7M10 | $10.8M11 | $12.7M3 | $14.0M3 |
| Long-term debt | $10.8M7 | |||||||
| Total liabilities | $24.6M6 | $26.0M7 | $26.0M8 | $23.6M9 | $21.6M10 | $21.4M11 | $23.0M3 | $22.9M3 |
| Shareholders’ equity | $23.5M7 | $24.0M8 | $22.4M9 | $25.1M10 | $27.7M11 | $34.9M3 | $32.8M3 | $30.7M3 |
| Shares outstanding | 0 shares6 | 0 shares7 | 0 shares8 | 0 shares9 | 0 shares10 | 0 shares11 | 0 shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $2.5M6 | $1.9M7 | -$3.4M8 | $1.1M9 | $3.4M10 | $1.0M11 | $79.7K3 | $2.0M3 |
| Depreciation and amortization | $2.6M9 | $2.6M10 | $2.7M11 | $1.9M3 | $2.1M3 | |||
| Capital spending | $379.1K6 | $634.9K7 | $318.4K8 | $771.1K9 | $1.4M10 | $4.3M11 | $3.7M3 | $1.4M3 |
| Free cash flow | $2.2M | $1.3M | -$3.7M | $305.5K | $2.0M | -$3.3M | -$3.6M | $589.5K |
| Cash from investing | -$930.8K9 | -$1.4M10 | $8.3M11 | -$3.7M3 | -$1.4M3 | |||
| Dividends paid | ||||||||
| Cash from financing | $1.1M9 | -$803.7K10 | -$2.0M11 | -$968.2K3 | -$966.2K3 |
What it owns
What Salamander Innisbrook, LLC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land and buildings | $21.3M3 Dec 31, 2025 | $21.1M3 Dec 31, 2024 | +1.0% |
| Buildings and improvements | $31.5M3 Dec 31, 2025 | $30.7M3 Dec 31, 2024 | +2.8% |
| Furniture and fixtures | $14.8M3 Dec 31, 2025 | $14.5M3 Dec 31, 2024 | +2.2% |
| Construction in progress | $299.8K3 Dec 31, 2025 | $332.1K3 Dec 31, 2024 | −9.7% |
| Property and equipment, before depreciation | $68.0M3 Dec 31, 2025 | $66.6M3 Dec 31, 2024 | +2.0% |
| Accumulated depreciation | $34.1M3 Dec 31, 2025 | $32.1M3 Dec 31, 2024 | +6.4% |
| Property and equipment, net | $33.8M3 Dec 31, 2025 | $34.5M3 Dec 31, 2024 | −2.0% |
| Operating-lease assets (leased space) | $828.0K3 Dec 31, 2025 | $1.2M3 Dec 31, 2024 | −31.6% |
Real estate and locations
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $4.3M3 Dec 31, 2025 | $4.3M3 Dec 31, 2024 | 0% |
Inventory
Properties, in its own words
The Resort is situated on approximately 600 acres of land located in the northern portion of Pinellas County, Florida, near the Gulf of Mexico. It is approximately 9 miles north of Clearwater and approximately 20 miles west of Tampa. There are 938 condominium units, 36 of which are strictly residential, with the balance eligible for Rental Pool participation. Of the 902 remaining eligible units, approximately 284 participate in the Rental Pool. See additional discussion in Item 1 under the caption “Rental Pool Condominiums.” These condominium units are leased by us from the condominium owners and used as hotel accommodations for the Resort. We also own three condominium units, all of which participate in the Rental Pool in the same fashion as all other Rental Pool participants. Approximately 20% of the units have lockout master bedroom units, which allow the rental of the condominium unit as two hotel rooms. As a result of the potential use of lockout master bedroom units, the total number of rooms at the resort is 1,216 and the average number of units participating in the Rental Pool at any one time is equivalent to approximately 284 hotel rooms. The Resort complex includes 63 holes of golf, practice ranges, three clubhouses with retail, golf, and food and beverage outlets, three conference and exhibit buildings, a full-service spa and fitness center, six swimming pools including a themed water attraction, a recreation facility, a tennis facility, and numerous administrative and support structures. These amenities are owned by the Resort and have undergone substantial renovation and improvements since we purchased the Resort in 2007.
Item 2 of the 10-K filed Jun 18, 2026.5
Timeline
Filings
19 filings to the SEC since October 2021: 7 annual reports, 4 quarterly reports, 2 major events, 6 other. The latest 19:
- Jun 18, 202610-K EDGAR
- Mar 31, 2026NT 10-K EDGAR
- Nov 14, 202510-K EDGAR
- Dec 10, 202410-K EDGAR
- Apr 1, 2024NT 10-K EDGAR
- Nov 21, 20238-K EDGAR
- Nov 14, 202310-Q EDGAR
- Sep 29, 202310-Q EDGAR
- Aug 8, 202310-Q EDGAR
- Jun 22, 202310-K/A EDGAR
- May 5, 202310-K EDGAR
- Mar 24, 2023NT 10-K FORM 12B-25 EDGAR
- Aug 15, 2022NT 10-Q EDGAR
- Jun 8, 202210-Q EDGAR
- May 16, 2022NT 10-Q FORM 12B-25 EDGAR
- Apr 15, 202210-K EDGAR
- Mar 31, 2022NT 10-K EDGAR
- Dec 23, 202110-K EDGAR
- Nov 30, 20218-K EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- PPP loans $5.4M
Figures by year
| Year | PPP loans | Total |
|---|---|---|
| 2021 | $2.0M | $2.0M |
| 2020 | $3.4M | $3.4M |
PPP loans
Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA15. Matched to this company by name and state.
SEC filer profile
How Salamander Innisbrook, LLC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSalamander Innisbrook, LLC1
- CIK0001418372
- Employer ID (EIN)26-04428885
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inFlorida5
- Fiscal year endsDecember 311
- Industry code (SIC)7900 Services-Amusement & Recreation Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address36750 Us Highway 19 North, Palm Harbor, FL 346841
- Phone727-942-20001
- Shares outstanding0 as of Dec 31, 20253
- Public float$0 as of Dec 31, 20253
- AuditorCherry Bekaert LLP, Tampa, Florida PCAOB ID 677; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceNov 15, 20071
- Filings96 in all: 10-Q (38), 10-K (18), NT 10-Q (15), NT 10-K (12), 8-K (5), 10-K/A (2), 8-K/A (2), NTN 10Q (2)1
All 10 form types
10-Q/A (1), 8-K15D5 (1)
- Latest filingsAnnual report (10-K) Jun 18, 2026
Quarterly report (10-Q) Nov 14, 2023
Latest 8-K (8-K) Nov 21, 2023
Risk factors and legal proceedings
Legal proceedings
We were not aware of any legal proceedings as of December 31, 2025 or through the date of this report.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13SEC EDGARCompleted an acquisition or sale
- 14SEC EDGARChange of auditor
- 15