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Gurney's Inn Resort and Spa
The Monte family only holds a mortgage through the liquidating trust. As long as their mortgage exists they control the board of directors. This is a very unique situation and I don't know of any other coop timeshare that is controlled by the mortgagee.They have controlled it for 27 years. A lot of Monte family members , related by blood or marriage and work there but they will not disclose their salaries and benefits. Lola Monte , who lives in Las Vegas and is in her 70's and Angelo Monte who is in his 80's receive $176,000 a year for 5 years with 5% increases a year, including travel expenses to provide "hospitality" advice. Paul Monte just got a 5 year contract at a time when we have financial difficulties, and others got employment contracts too. Paul Monte and Lola Monte are the trustees of the liquidating trust that holds the mortgage. Guess what? They appointed the two board members who gave them their contracts.
The Monte family only holds a mortgage through the liquidating trust. As long as their mortgage exists they control the board of directors. This is a very unique situation and I don't know of any other coop timeshare that is controlled by the mortgagee.They have controlled it for 27 years. A lot of Monte family members , related by blood or marriage and work there but they will not disclose their salaries and benefits. Lola Monte , who lives in Las Vegas and is in her 70's and Angelo Monte who is in his 80's receive $176,000 a year for 5 years with 5% increases a year, including travel expenses to provide "hospitality" advice. Paul Monte just got a 5 year contract at a time when we have financial difficulties, and others got employment contracts too. Paul Monte and Lola Monte are the trustees of the liquidating trust that holds the mortgage. Guess what? They appointed the two board members who gave them their contracts.
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