Vandana May 2014

7/23/2019 Vandana May 2014

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Please Donate GenerouslyVisit your temple, your priest or temple web site www.thehindutemple.org.

Support your temple and donate generously. The amount is insignificant, the intent is what counts

in the court of Gods.

Chairman —Manoj Sachdeva

Vice Chairman —Avinash Rachmale

President —Dhaval Vaishnav

Vice President —Anil Sakhuja

Treasurer —Vishnu Panjwani

Asst. Treasurer —Keshav Raizada

Secretary —Kalpesh Unadkat

Asst. Secretary —Jignesh Patel

Advisory Board —Dr. Sarju Shah

itÇwtÇtT HE H INDU T EM PLE

2014 Board MembersTemple Timings

Monday to Friday—

8AM-12PM & 5PM-9PM

Saturday & Sunday—

9AM-9PM

Temple Address

44955 Cherry Hill Road

Canton, MI 48188

(734) 981-8730

Inside this issue:

2014 Board 1

2014 Chairman'sMessage

2

2014 Committees 3

2013 Chairman’sAnnual AGM Report

5

Weekly Activities 6

AGM MeetingMinutes

7

Our Priests 8

2013 Statement &Budget

9

2014 Major TempleEvents

13

MAY 2014

Temple Administrator —Dalip Guglani

Temple Co Administrator —Suresh Shah

Trustee —Navnit Patel

Trustee —Nitin Desai

Trustee —Ashwani Narula

Trustee —Raj Vaishnav

Trustee – Anurag Bajaj

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Hari Om.

I would like to start my message with this

beauful Mantra which all of you already know:

Sarve bhavantu sukhinah.

May everybody be happy.

Sarve santu niraamayaah.

May everybody be free from disease.

Sarve bhadranni pashyantu. May everybody have good luck.

Maa kaschcid duhkhabhaag bhavet.

May none fal l on evil days.

I have been honored again with the posion of Temple Chair-

man. I want to thank you all for entrusng me with this posi-

on because it carries a lot of responsibility towards temple,

its members and devotees.

We have started year 2014 with a posive note and are com-

mied to keeping this sense of posiveness for the coming

years. We have begun this year by looking at our temple’s revenue and have been planning our acons accordingly. This

has led to the division of many commiees and a generalized

task list for all. We opened our arms to devotees willing to

donate/help and have thus developed very close es with

many temple-goers.

All temple events are being celebrated in grand style, with

great aendance and joyous mood. Members/devotees are

happy and a sense of divinity is being felt all over our temple.

My favorite saying “Tere Pujan Ko Bhagan Bangaya Mandir

Alishan” is echoing everywhere.

A lot is happening at our temple for the benefit of the tem-ple, its members/devotees, senior cizens and youth. Every

day, we are thinking of ways to make The Hindu Temple of

Canton second to none in service and humbleness.

Some of the highlights are as follows:

Yearly Cost Savings of over $ 40,000 will be realized in

2014 in health insurance costs, legal fees and calendar

prinng costs by changing vendors

Other cost savings eff orts are also under way

A new prayer book is in the works with a great selecon

and the addion of new Bhajans

Re-start of Bhajan Sandya

Start of Sai Sandhya every Thursday

Library opened with internet ready computers and with

a fresh look. Extended hours of opening being planned

Balvihar being aended in great numbers

Health Fair conducted successfully in April

Esmated launch of POS system on July 1, 2014

Kick Off of Youth Aff airs Commiee with tremendous

enthusiasm

Increased member parcipaon in community events

First phase of Temple re-painng completed

Extensive eff orts are underway for a Grand Diwali/Fundraising Dinner on November 15, 2014. We have much to

achieve to make our temple debt free.

All members/devotees, please request a one on one meeng

with any of temple the officers and/or Board of Trustees for

any good ideas that you may have that you would like to

share.

I would like to thank current and past Board Members, Tem-

ple Management and Volunteers for their team eff ort and

acve parcipaon in temple aff airs

We are all here to serve in our HOUSE OF GOD.

For any comments and suggesons for the beerment of our

temple, its members/devotees, anyone can contact me at his

or her convenience via my cell phone 734-260-4483 or email:

[email protected].

Jai Ram Ji Ki

Jai Sri Krishna

God Bless us All!!!

Manoj Sachdeva, Chairman

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2014 Chairman’s Message

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2014 Committees

No Committee Name Chairperson Co-Chair Working Committee Members

1 Audit & Finance/OfficeManagement

Anil SakhujaVishnu Panjwani, ManojSachdeva

Dhaval Vaishnav,Suresh Shah,AvinashRachmale,Anurag Bajaj, Jatin Desai,Somil Shah

2By Laws/ Constitution/Legal affairs

Manoj Sachdeva Anil Sakhuja, AvinashRachmale

Dhaval Vaishnav,Jatin Desai, AnuragBajaj, Avinash Rachmale,Sarju Shah,Kalpesh Unadkat,Jignesh Patel,

Suresh Shah,Nitin Desai

3

Community Affairs/Communication (RadioPublicity) /PublicRelations

AvinashRachmale

Manoj Sachdeva, DhavalVaishnav, Jatin Desai

Anil Sakhuja,Sarju Shah,SureshShah,Ashwani Narula,KalpeshUnadkat, Daxesh Modi,SubhashKelkar,Pandit Ji, Kiran Ji,Mukhiya Ji,Vishnu Panjwani, Nitin Desai

4Education(Scholarship)

Nitin Desai Vishnu PanjwaniJignesh Patel,Dhaval Vaishnav, DeepPrakash, Daxesh Modi,Suresh Shah

5 Food/Kitchen Mamta CounselHashmukh Patel, KalpeshUndakat, Keshav Raizada

Ajit Shah, Bala, Piyush Counsel,Madhu Suri, Surinder Rajput (TBD),

Dalip Patel

6 Fund Raising Avinash Rach-male

Anil Sakhuja, ManojSachdeva, Anurag Bajaj,Dhaval Vaishnav, Jatin Desai

Jignesh Patel, Visnhu Panjwani,Keshav Raizada, Dr. Sarju Shah andall Board members

7 Hall Rental Keshav Raizada Steve DimovskiDhaval Vaishnav, Manoj Sachdeva,Kiran Ji, Pandit Ji, Vishnu Panjwani,Steve

8 Health Care Jatin Desai Sarju ShahChandarkant Pujara, Surinder Jolly,Nitin Desai, Urmil Salvi, KalpeshUnadkat

9 Library Management Trupti Modi Brenda VaishnavKiran Ji, Panditji, Manohar Jagasia,Manoj Sachdeva , DaxeshModi,Kalpesh Unadkat, Sushil andKamlesh Sachdev

10 Long Range Planning Manoj Sachdeva Avinash Rachmale, DhavalVaishnav

Anil Sakhuja,Anurag Bajaj,Sarju Shah, Ashwani Narula, Vishnu Panjwani,Suresh Shah

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2014 Committees

No Committee Name Chairperson Co-Chair Working Committee Members

11Membership Directory/Drive

Nitin Desai Anil SakhujaDaxesh Modi, Jatin Desai, RajVaishnav, Ashwani Narula,SureshShah

12 MIS/Web Page

Jignesh Patel/KalpeshUnadkat/Daxesh Modi

Ashwani NarulaDhaval Vaishnav, Manoj Sachdeva,

Avinash Rachmale, Anil Sakhuja

13 eNewsletter Jignesh Patel Brenda Vaishnav Ashwani Narula, Dhaval Vaish-nav,Manoj Sachdeva, Nitin Desai,

Kalpesh Unadkat

14Property Mangement(Outside/Inside Mainte-nance)

Manoj SachdevaKeshav Raizada, RajVaishnav

Suresh Shah, Jignesh Patel,SteveDimovski, Dean Dimovski, KiranJi,Pandit Ji,Mukhiya Ji, DhavalVaishnav, Dalip Guglani

15 Audio/Video Systems Navnit PatelKeshav Raizada, SureshShah

Kiran Ji,Pandit Ji,Steve Dimovski,Dhaval Vaishnav

16 Religious AffairsDhavalVaishnav

Jatin Desai, Anil Sakhuja,Manoj Sachdeva

Raj Vaishnav, Daxesh Modi, KirtiUnadket, Trupti Modi, Nitin Desai,Kiran Ji,Pandit Ji,Mukhiya Ji,AnuradhaHadagali, Suresh Shah, Ushaben,Parulben, Venkat, Santosh, KeshavRaizada, Bhavnaji, Anuji

17 Senior Activities Amar Basin Sushil Sachdev, Suresh Shah Kamlesh Sachdev,Steve Dimovski

18 Youth AffairsDhavalVaishnav

Avinash Rachmale, ManojSachdeva

Trupti Modi, Kirti Unadkat, AnuradhaHadgali, Kalpesh Unadkat, KeshavRaizada, Navnit Patel, Prakash Patel,Daxesh Modi, Natu Patel, BhupendraDesai

19 VolunteersKalpeshUnadkat/Jignesh Patel

Mamta Counsel, RajVaishnav

Daxesh Modi, Nitin Desai, Vishnu

Pajwani, Keshav Raizada, DalipGuglani, Jignesh Patel, Jatin Desai,Raj Vaishnav, Ashwani Narula,SureshShah, Trupti Modi, Anuradha Hadgali,Kirti, Unadkat, Ushaben, Parulben,Prakash Patel, Bhupendra Desai,Natubhai Patel

20 Temple Shop

DhavalVaishnav /

AvinashRachmale

Manoj Sachdeva, AnilSakhuja, Ashwani Narula, RajVaishnav

Dalip Guglani, Narender Agarwal,Manohar Jagasia, Sushil Sachdev,

Amar Bhasin,Pandit Ji,Kiran Ji,VishnuPanjwani,Kamlesh Sachdev, VinodGoel

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Dear Temple Board Members, Members, Priestsand Devotees,Hari Om ,Namaste and Good Morning:

I want to thank the Board of Directors of The Hindu Temple ofCanton and all of you for giving me another opportunity toserve you as the temple chairman for the year 2013. It is aposition which carries a lot of responsibilities in particular whenour past chairmen have worked so hard and have done anexcellent job to make sure that the temple gets nothing but thebest in all areas. I have been very lucky to work with not onlythe past chairpersons and presidents but also with the current

team of Board of Directors. All these people have great ex-perience in their field. I also want to mention the devoted teamof volunteers and other staff members including priests fortheir whole hearted support. We all will continue to work to-gether as a team for the betterment of the community. This inturn will help our temple not only be a place of worship butwill also be a part of the community to achieve their socialgoals.

At this time, I would like thank the retiring board and commit-tee members and would like to welcome the new board mem-bers as a part of our team. The retiring board members are:Mr. Jatin Desai, Mrs. Bela Patel, Mr. Urmil Salvi and Mr. Dax-esh Modi. The incoming board members for next 3 years are

Mr. Avinash Rachmale, Mr. Manoj Sachdeva, Mr. Anurag Bajajand Mr. Ashwani Narula. All of these people not only have agreat devotion and commitment for the temple but they are thepeople who face challenges on a daily basis and find solutionswith the limited resources we have.

In order to stay in touch with the outgoing board members andother associated members of the temple, an attempt was madein the previous year to create a non-voting Advisory Board sothat the current board members can get advice and directionswhen needed. I believe it was a great idea not only to retainour respected members but also to stay in touch with them on aregular basis. Going further, I would like to make a request tothe board of directors and temple members to consider creat-

ing some limited positions as continuing board members (non-retiring) so that their experience, expertise and knowledge canbe retained by the temple for the betterment of the temple. Aswe all know from our own experiences in daily routine whetherit is education, business, social work or anything else, experi-ence is very important.

The year 2013 was a very challenging year. We had thehighest number of festivities in the temple and they all werevery well attended. I know that because of all these, we werenot able to arrange our Annual Dinner this year. However, fornext year, we already have scheduled November 15 in our

Calendar for 2014 Annual Dinner. I want to thank our Reli-gious Chair Mr. Dhaval Vaishnav along with his team includingvolunteers, priests, etc., who made sure that every event wasplanned properly from decorating the lobby to the place ofworship, food and the parking . This year we have to bringnew ideas and plans which can continue on an ongoing basisyear after year to generate revenues. A good stream of rev-enues is one of the most important and wanted need for anyorganization of our nature. We have a place of worship anda beautiful banquet hall, along with classrooms, to meet theneeds of the community. To maintain this beautiful building weneed to pay all the bills to keep it healthy. We all go and buy

Health Insurance for our health and try to plan for our Retire-ment. For this beautiful Temple, we all have to plan for theongoing maintenance and the retirement, so that there is nodebt. I am requesting all of you to please get involved in therevenue process at any level. You all can help the temple inone of the following ways:

Sign up for automatic monthly debits from your bank orcredit card account to pay off the mortgage.

Loan money to the temple at interest free certificates ofdeposits so that those can be used to pay the debt of theTemple.

Make one time donations to be a Life Member and quali-fy for all the benefits of being a Life Member.

Most important is , to commit to pay for any recurringexpense of the temple, which include utilities (electricity,gas, water), Sunday Prasad, Maintenance, Flower Deco-rations ,etc. for a particular deity

Sponsor any of the regular activities. A complete list ofevents for 2013 is available on the websitewww.thehindutemple.org and the list for 2014 will beposted soon.

Here, I would like to bring to your attention that we were ableto pay off $595,000 in principal pay down in 2013. Currenttemple mortgage loan balance is $ 3,995,000. As you all cansee from the actuals and budgets/projections presented, weplan to pay off more of the debt sooner than it is due. This willnot only make us feel better, but will also save us lot of moneybeing paid towards interest expense.

In the past, the Board of Directors created a Board Designat-ed Fund of $500,000 to take care of Operations in case ofemergency situations. We have always maintained that. We,as the Board of Directors, have discussed various options ofinvesting this money to earn interest. But the interest income isso low that it is not worth to invest in banks. If the same moneyis invested in other securities there are risks involved includingloosing principal amount. After a detailed study, the board ofdirectors have concluded that we should bring this Board

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2013 AGM Meeting Chairman’s Message

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2013 Chairman’s Message continued….

Designated Fund to $250,000 and use the additional$250,000 to pay off the debt. This move will save the temple$10,000 every year in interest expense. Hence, I am request-ing for your support to make it happen.

As you all have seen, the Hari Om Gift Center is in operationand I would like to make a request to all of you to visit andpurchase items from there. We sell a lot of items there likeCD’s. religious books, deity pictures, Pooja samigri, pre-packaged items for all poojas, blessed silver coins of deities

and several other items. I want to thank all the volunteers whoare running the shop.

Another addition to the temple this year has been our ownlibrary. I want to thank Trupti Modi and Brenda Vaishnavalong with other volunteers who took the lead to make surethat this project, which was started 10 years back, is a reality.I am pleased to announce that the library is open and is func-tioning. As always, we are in need of volunteers to run it. Soif you are available, please let us know so that we can includeyou in the schedule.

In the end, I would like to make a request that you all bringyour friends, family members, guests and relatives to the tem-

ple, your own place of worship. I also encourage all devoteesto make use of all the facilities available at the temple includ-ing the havan area, banquet hall and classrooms to support thetemple. I also request that you all stay connected with the tem-ple by not only providing financial help but also volunteering

your time to assist in other activities.

On behalf of the temple, its board of directors, committeechairpersons, co-chairs, priests and other support staff, I wouldlike to thank all of you for your continued support and encour-agement. I also want to thank all the volunteers from my heartthat come and assist to make sure that every event is properlyorganized.

I would also like to bring to your attention that year end isapproaching fast. Only a few days left. Please make yourdonations before December 31, 2013 to take advantage of

tax deductions for year 2013.

In the end, based upon community feedback, we are decidingto have a Suggestion Box at the Temple and I am requestingall of you to please participate in this and give us your sug-gestions so that we can review them and implement them.

Let us pray to God and look for his wisdom, guidance andblessings for all of us so that we all together can make this anhistoric place for all the times to come.

If you have any comments or concerns, you can reach me at(313)617-3596 or any of our board or committee members at(734)981-8730. You can also email your suggestions to me at

[email protected].

Sincerely,Jai Shri Krishna, Jai Mata KiAnil Sakhuja, Chairman

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2013 Chairman’s Message

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Mondays

Shiva Abhishekam

Tuesdays

Hanuman Puja

Wednesdays

Shrinath ji Satsang

Thursdays

Sai Sandhya

Fridays

Durga Puja /Lalita Sahasra Naam Chanting

Saturdays

Lord Venkateshwaram Abishekam /Vishnu Sahasranam

Sundays

Special Bhajans, Aarati followed by Prasad BalVihar

Weekly Activities (For a detailed list, please visit temple website)

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Date: December 8th 2013Location: Temple Prayer HallMeeting Chair: Anil Sakhuja, Chairman, Board of Trustees Board of Trustees in attendance:

Avinash Rachmale (Vice Chairman and Board Member),

Manoj Sachdeva (Vice President and Board Member),

Vishnu Panjwani (Treasurer and Board Member),

Keshav Raizada (Assistant Treasurer)

Dhaval Vaishnav (Religious Chair and Board Member),

Dalip Guglani (Temple Administrator and Board Member)

Kalpesh Unadkat (Secretary and Board Member)Jatin Desai (Board Member)

Bela Patel (Board Member)

Jignesh Patel (Board Member)

Urmil Salvi (Board Member)

Meeting started with prayers by Pandit Ji, Kiran Ji and Mukhi-

ya Ji.

Welcome note by Chairman, Anil SakhujaAnil Sakhuja welcomed all the devotees to the 2013 AnnualGeneral Body meeting. . Anil ji also stated that all our three

priests Kiran ji, Mukhiya ji and Pandit ji are doing outstandingjobs and they are an integral part of team going forward. Wehave received extension of Mukhiya ji’s visa and we havedecided to file an application for Mukhiya ji’s Green Card.

Approval of December 16, 2012 Annual General BodyMeeting MinutesAnil ji stated that AGM meeting minutes are published eachyear in the first temple newsletter “Vandana”. He asked ifany of the devotees had any questions. Since nobody had anyquestions, Anil ji put meeting minutes on the floor. Dr. SarjuShah proposed those minutes for approval and Akhilesh jiseconded it and minutes from the December 16th, 2012 AGMmeeting were approved.

Chairman’s Report (Presented by Anil Sakhuja) Anil ji thanked all the devotees for attending the AGM andthen read the attached Chairman’s report highlighting templeevents and celebrations.

Religious update by Dhaval Vaishnav, Religious ChairThe following are the highlights of Dhaval ji’s presentationDhaval ji started by thanking all three priests and he statedthat our true religious chairs are these priestsThen he described the list of this year’s religious events and hementioned to the board that all religious events were cash flow

positive.Laghu Rudra havan, Maha ShivratriRam NavmiMata Ki Chowki with Chanchal jiShri Nath ji Patotstav with JeJeJanamashtami with Pundrik MaharajGanesh ChaturthiNavratriDiwaliBala jiTulsi Vivah

Then he mentioned visits of the following religious leadersJeJePundrik MaharajViditatmananda jiAshwin ji PathakMukundanand ji

He thanked all the volunteers that made all these events andvisits possible and especially thanked the following three peo-ple—Bela ji, Prakash ji and Keshav ji for decorationDalip ji managing cooking and kitchen.

Then he praised the Vedic knowledge of Pandiji and Kiran jiand singing of Mukhiya ji and he assured the board that all

these priests are here to stay.

He also announced the following new religious programs forthe next year:

Sai Puja on ThursdayBhajan SandhyaFew additional havans

At the end he thanked everybody and thanked priest for theirdedication, honesty and integrity.

2013 Financial Report/Temple Cash on Hand and 2014Budget presented by Temple Chairman, Anil Sakhuja This session was chaired by Anil Sakhuja,

First he thanked Vishnu ji, Keshva ji, Dalip ji and office staffmembers Raman ji and Purvi ji for their dedication and support

Then he explained the budget

Printed copy of the budget was handed to all devotees,so that everybody can refer to it.

Budget and accounting was up to date for nine monthsstarting January 1, 2013 – September 30, 2013

12 month budget for 2013 was based upon projections.budget also included projections for year 2014,2015,and 201

The copy of the budget is attached

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2013 AGM Meeting Minutes

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Approval to reduce temple emergency funds from$500,000 to $250,000.Anil ji gave the following information about the templeemergency funds.

Temple has been maintaining $500,000 cash at hand foremergencies

Temple has not touched those funds for last 3 to 4 years

Last AGM multiple questions were raised regarding whywe are keeping$500,000 in cash and not reducing ourdebt by making additional payment

If we pay $250,000 extra payment from our emergencycash funds then we can save $10,000 per year In interestpayment

Board of trustees discussed this in their board meeting andapproved payment for additional $250,000 .

Motion is on the table for temple members to reduce cashreserve from $500,000 to $250,000 and pay $250,000towards additional principle

Motion was put on the floor by Anil ji and members voted

by show of their hands. More people raised their handsagainst this motion than for this motion. So motion did notcarry.

Approval of 2014 Budget.

Somil Shah proposed it and Satish Mistry seconded it andthe budget was approved for 2014.

After budget approval Question/Answer session started andafter that session, the Annual General Meeting was officiallyconcluded.

Minutes taken by Kalpesh Unadkat.

Note: " These minutes exclude certain com-ments because they are either personalin nature or have been retracted". The retrac-tions are recorded and available as part of the-se minutes as an attachment.

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2013 AGM Meeting Minutes

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Shri Prasad Muliyala Ishwara (Pandit Ji) With the Temple since March 2003

Well trained in Vedic philosophy from Maharshi Veda Vigjana VidyaPeeth,Theerthahalli, Karnataka Started his Vedic education at early age of 12 Has been honored with prestigious titles like ''Veda Murthi'' and ''Samhita Paathi' English, Kannada, Hindi, Tamil, Telugu and Tulu, Working Knowledge : Malayalam, Gu-

jarati and SanskritCell Phone: (734) 383 -1872Email: [email protected]

Shri Jitendrakumar Ranchhodbhai Sevak (Mukhiya Ji) With the Temple since July 2011 Underwent several years of formal education in the Hindu scriptures of Vedas and

Upanishades, and in Sanskrit literature, prior to completing his Bachelor of Arts degreeprogram in Sanskrit literature at Shri Bhagwat Vidyapith

Served as a full-time Priest in Shri Vallabh Nidhi Trust Temple, a reputed Hindu temple

in Mumbai Sings Melodious Bhajans English, Hindi, Gujarati and SanskritCell Phone: (734) 272 -1667Email: [email protected]

Shri Kiran Subramanya (Kiran Ji) With the Temple since October 2005 Well trained in vedic philosophy from family guru Shri Kumara Subramanya from Amai

Samprathishtthana in Karnataka Started his vedic education at early age of 13 English, Hindi, Kannada, Tamil, Tulu, Working Knowledge : Telugu, Gujarati, SanskritCell Phone: (734) 377 - 6138Email : [email protected]

Our Priests

http://service.mail.com/callgate-6.71.4.0/rms/6.71.4.0/mail/getBody?folderId=10&messageId=MjY1MW57GEhyNn09W2wgNeRmZ8QpncqX&purpose=display&bodyType=htmlNoExternals#

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2013 Statement of Activities Page 1

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Actuals ‐ Full Year Es‐ Budget

2013 2013 2013

REVENUES

Opera onal Revenue

Member Contribuons/Donaons $ 339,492 $ 512,656 $ 550,454

Music & Dance Class 4,423 10,897 10,000

Priest Services 61,895 92,527 100,000

Adversements - 3,000 5,000

Hall Rental 53,656 71,541 50,000

Interest

Income

362 2,500 10,000BalVihar - 31,000 32,000

Total opera onal Revenues 459,828 724,121 757,454

Pledges Received 128,490 175,000 200,000

Total Revenues $ 588,318 $ 899,121 $ 920,967

EXPENSES

Salaries/Subcontractors $ 135,750 $ 181,000 $ 137,500

Health Insurance 48,155 64,207 40,000

Automobile Expense 655 873 15,000

Payroll taxes and other 10,385 13,847 17,100

Total Expenses 194,945 259,927 145,500

Facility Expenses

Contribuons 3,028 4,528 5,000

Garbage Removal 1,581 2,108 1,800

Repairs & Maintenance including Hall 6,936 12,248 11,000

Security Expense 1,875 2,500 2,000

Snow Plowing & Lawn cung 5,918 7,891 9,000

Telephone 2,066 2,755 3,000

Temple Insurance 4,027 5,369 7,200

U

li

es

-

Gas

and

Electric

34,192 45,589 85,000Ulies - Water 3,135 4,180 8,000

Total Facility Expenses 62,758 87,168 196,100

Other Opera onal Expenses

Dance Class 2,165 2,887 8,000

Flowers 4,545 6,060 7,500

Event Expenses- Supplies, Food,etc. 55,778 62,922 10,000

Kitchen Supplies - Paper & Food 14,645 19,527 20,000

Miscellaneous - donaon boxes, ornaments 444 592 10,000

Operang Supplies 7,468 9,957 28,000

Total Other Opera onal Expenses 85,045 101,944 83,500

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2013 Statement of Activities Page 2

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Administra ve Expenses

Audit fees/Legal fees 3,760 10,260 6,000

Bank and Credit Card Collecon Charges 1,892 2,523 6,000

Calendars, Posters, Directory & Newsleers 5,119 6,825 11,000

Casual Labor - Administrave 8,723 11,631 12,000

Community Service - Yoga, Scholarships, Health Fair,

Etc. 3,550 4,733 16,500

Licenses and Permits 650 867 750

Office Exp/Postage 3,210 4,280 7,200

Payroll Processing Fee 1,975 2,633 1,650

Total Administra ve Expenses 28,879 43,752 61,100

Normalized Operang Expenses $ 371,627 $ 492,791 $ 486,200

Interest Expense 58,851 120,000 150,000

Total Special Events' Expenses 58,851 120,000 150,000

Total Expenses $ 430,478 $ 612,791 $ 486,200

Debt Obliga ons

Bond Repayments - Addional Principal 100,000

Bond Repayments - Principal 175,000 175,000 185,000

Total Debt Obligaons $ 175,000 $ 275,000 $ 185,000

Cash Surplus For The Year $ (17,160) $ 11,330 $ 99,767

MEMO ONLY - Total Expenses + Debt Obligations $ 605,478 $ 887,791 $ 671,200

BALANCE SHEET SUMMARY

Cash in Bank

Cash in Bank - Unrestricted Funds $ 143,689 $ 90,000 $ -

Cash in Bank - 6 months operaons 250,000 250,000 400,000

Cash in Bank - Restricted Funds 250,000 250,000 500,000

Total Cash Balance $ 643,689 $ 590,000 $ 900,000

Pledges Receivables $ 1,491,000 $ 1,250,000 $ 1,450,000

Notes Payable

Bonds Outstanding 4,095,000 3,995,000 3,995,000

Members' Loan 201,000 201,000 201,000

Total Notes Payable $ 4,296,000 $ 4,196,000 $ 4,196,000

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2014, 2015 & 2016 Projections Page 1

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Projec ons

2014 2015 2016

REVENUES

Opera onal Revenue

Member Contribuons/Donaons $ 563,900 $ 592,100 $ 621,700

Music & Dance Class 12,000 12,600 13,200

Priest Services 101,800 106,900 112,200

Adversements 3,300 3,500 3,700

Hall Rental 78,700 82,600 86,700

Interest Income 2,500 5,000 5,000

BalVihar

34,100 35,800 37,600Total opera onal Revenues 796,300 838,500 880,100

Pledges Received 200,000 200,000 200,000

Total Revenues $ 996,300 $ 1,038,500 $ 1,080,100

EXPENSES

Salaries/Subcontractors $ 187,100 $ 196,500 $ 206,300

Health Insurance 70,600 74,100 77,800

Automobile Expense 1,000 1,100 1,200

Payroll taxes and other 15,200 16,000 16,800Total Expenses 273,900 287,700 302,100

Facility Expenses

Contribuons 5,000 5,300 5,600

Garbage Removal 2,300 2,400 2,500

Repairs & Maintenance including Hall 20,000 21,100 22,200

Security Expense 5,000 5,300 5,600

Snow Plowing & Lawn cung 8,700 9,100 9,600

Telephone 3,000 3,200 3,400

Temple Insurance 5,900 6,200 6,500

Ulies - Gas and Electric 50,100 52,600 55,200

Ulies - Water 4,600 4,800 5,000Total Facility Expenses 104,600 110,000 115,600

Other Opera onal Expenses

Dance Class 3,200 3,400 3,600

Flowers 6,700 7,000 7,400

Event Expenses- Supplies, Food,etc. 44,700 47,000 49,300

Kitchen Supplies - Paper & Food 21,500 22,600 23,700

Miscellaneous - donaon boxes, ornaments 700 700 700

Operang Supplies 11,000 11,600 12,200

Total Other Opera onal Expenses 87,800 92,300 96,900

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2014, 2015 & 2016 Projections Page 2

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Administra ve Expenses

Audit fees/Legal fees 11,300 11,900 12,500

Bank and Credit Card Collecon Charges 2,800 2,900 3,000

Calendars, Posters, Directory & Newsleers 7,500 7,900 8,300

Casual Labor - Administrave 12,800 13,400 14,100

Community Service - Yoga, Scholarships, Health

Fair, Etc. 5,200 5,500 5,800

Licenses and Permits 1,000 1,100 1,200

Office Exp/Postage 4,700 4,900 5,100

Payroll Processing Fee 2,900 3,000 3,200

Total Administra ve Expenses 48,200 50,600 53,200

Normalized Operang Expenses $ 514,500 $ 540,600 $ 567,800

Interest Expense 115,000 113,000 100,000

Total Special Events' Expenses 115,000 113,000 100,000

Total Expenses $ 629,500 $ 653,600 $ 667,800

Debt Obliga ons

Bond Repayments - Addional Principal 250,000 300,000 350,000

Bond Repayments - Principal - - -

Total Debt Obligaons $ 250,000 $ 300,000 $ 350,000

Cash Surplus For The Year $ 116,800 $ 84,900 $ 62,300

MEMO ONLY - Total Expenses + Debt Obliga-tions $ 879,500 $ 953,600 $ 1,017,800

BALANCE SHEET SUMMARY

Cash in Bank

Cash in Bank - Unrestricted Funds $ 206,800 $ 484,900 $ 269,100

Cash in Bank - 6 months operaons - - -

Cash in Bank - Restricted Funds 500,000 500,000 500,000Total Cash Balance $ 706,800 $ 984,900 $ 769,100

Pledges Receivables $ 1,366,800 $ 1,066,800 $ 966,800

Notes Payable

Bonds Outstanding 3,695,000 3,395,000 3,045,000

Members' Loan 251,000 251,000 251,000

Total Notes Payable $ 3,946,000 $ 3,646,000 $ 3,296,000

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2014 Major Temple Events

Vandana May 2014

Documents