Jain Society of Greater Cleveland 3226 Boston Mills Road Richfield, Ohio 44286 Jain Society of...

Jain Society of Greater Cleveland3226 Boston Mills Road

Richfield, Ohio 44286

Jain Society of Greater Cleveland3226 Boston Mills Road

Richfield, Ohio 44286

2010 – Treasurer’s Report (11/13/2010)Reporting Period: 10/19/2009–10/29/20102010 – Treasurer’s Report (11/13/2010)

Reporting Period: 10/19/2009–10/29/2010

2010 – Treasurer’s Report (11/13/2010)Reporting Period: 10/19/2009–10/29/20102010 – Treasurer’s Report (11/13/2010)

Reporting Period: 10/19/2009–10/29/2010

This is a report on three different accounts that BOT maintains for the JSGC:

Gnan Dravya

Dev Dravya

Sadharan

2010 – Treasurer’s Report (11/13/2010)Gnan Dravya Account

2010 – Treasurer’s Report (11/13/2010)Gnan Dravya Account

Summary of Gnan Dravya Account As of 10/29/2010:

Description Cash Inflow Cash Outflow Balance

Balance - Brought Forward From 10/18/2009 $ 6,321

Bank Interest Earned $ 6

Donations Received $ 2,927

Payments Made $ -

Total Cash Inflow And Outflow During Reporting Period $ 2,933 $ -

Balance Remaining As of 10/29/2010 $ 9,255

Un-collected Pledges / Commitments As of 10/29/2010 $ - $ -

2010 – Treasurer’s ReportDev Dravya Account – Slide 1

2010 – Treasurer’s ReportDev Dravya Account – Slide 1

Summary of Dev Dravya Account As of 10/29/2010: (Slide 1 / 4)

DescriptionCash

InflowCash

Outflow Balance Balance - Brought Forward From 10/18/2009 $ 212,222 Donations Received From Pledges Made in 2009 and Earlier Years $ 6,870 General Devdravya Donations During 2010 Including Main Bhandar $ 29,133 Bhaktamar Pooja Oct'2009 - Summary $ 21,376 $ (1,350)

Upkaran Boli Oct'2009 - Summary $ 206,946 $ -

Transfer of Upkaran Bolis from Dev Dravya to Jain Center Sadharan $ (22,831) Bank Interest Earned $ 433 Interest Paid by Donor(s) $ 910 Pratishtha July'2010 - Summary $ 507,863 $ (32,529)

2010 – Treasurer’s Report (11/13/2010)Dev Dravya Account – Slide 2



Description Cash InflowCash

Outflow Balance

Payment for Construction - (Dev Dravya Portion) $ (290,892)

Payment for Marble From India (Including Freight) $ (47,917)

Payment for Upkaran Work in India $ (65,000)

Payment for Marble Work in USA $ (25,526)

Payment for Rangmandap Dome $ (29,047)

Payment for Shikhar Including Freight $ (34,000)

Payment for Samran $ (11,000)

Payment of Dev Dravya Portion of AV System & Other Misc. Items $ (7,821)




DescriptionCash

InflowCash

Outflow Balance

Payment for Dev Dravya Portion of Property Tax $ (977)

Payment for Dev Dravya Portion of Maintenance & Insurance Exp. $ (3,047)

Loan From Dev Dravya A/C to Jain Center Sadharan A/C $ (100,000)

Total Cash Inflow And Outflow $ 773,531 $ (671,935)

Balance Remaining As of 10/29/2010 $ 313,818




Further, following un-collected Dev Dravya pledges / receivables, will add to above balance, when collected:

Un-collected Devdravya Pledges Made During 2008 - Shilanyas $ 151 Un-collected Devdravya Pledges Made During 2009 - Upkaran Boli & Bhaktamar Pooja $ 2,954

Un-collected Devdravya Pledges Made During Pratishtha $ 87,978

Un-collected Devdravya Pledges - Ongoing Activity During 2010 $ 4,428

Outstanding Loan to Jain Center Sadharan A/C $ 100,000 Total Un-collected Devdravya Pledges / Receivable (As of 10/29/2010) $ 195,510 $ 195,510

2010 – Treasurer’s Report (11/13/2010)Sadharan Account – Slide 1


Summary of Sadharan Account As of 10/29/2010: (Slide 1 / 4)

Description Cash InflowCash

Outflow BalanceBalance - Brought Forward From 10/18/2009 $ 39,702

Donations Received for Sadharan Pledges Made During 2009 $ 501 Sadharan Donations During 2010 Including Sadharan Bhandars $ 7,665

Summary of Special GBM - Dec' 2009 $ - $ (1,001)

Sadharan A/C Summary for 2010 - Mahavir Jayanti Function $ 2,073 $ (2,632)

Sadharan A/C Summary for 2010 - Paryushan / Das Lakshan $ 2,202 $ (4,256)

Summary of Scholar Fund $ 1,069 $ (5,450)

Summary of Sadharmik Bhakti Fund $ - $ (1,307)

Sumamry of Jeev Daya Fund $ 4,117 $ (6,711)




DescriptionCash

InflowCash

Outflow BalanceLife Membership Dues Received $ 1,054

Bank Interest Earned $ 67

Expenses Related to Publishing of Jain Times $ (526)

Expenses Related to Insurance / Professional Services / Tax $ (10,197)

Summary of Various Sangh Visits Since Pratishtha $ 4,371 $ (5,233)

Payment for Other Miscellaneous $ (2,801)

Total Cash Inflow And Outflow $ 23,118 $ (40,113) Balance Remaining As of 10/29/2010 $ 22,707




Following Sadharan A/C Liabilities, will reduce above balance, when paid for:

Disbursement Against Accumulated Jeev Daya Funds $ (5,091)

Disbursement for Un-billed Sadharan Expenses (Estimated) $ (5,209)

Total Sadharan A/C Liabilities Yet to Be Paid For (As of 10/29/2010) $ (10,300) $ (10,300)

2010 – Treasurer’s Report (11/13/2010)Sadharan Account Slide 4

2010 – Treasurer’s Report (11/13/2010)Sadharan Account Slide 4

Summary of Sadharan Account As of 10/29/2010: (Slide 4 / 4) Following un-collected Sadharan A/C pledges, will add to above balance, when collected:

Un-collected Sadharan Pledges - Ongoing Activity During 2010 $ 500 Un-collected Temple Operations Related Pledges for 2011 $ 6,024 Un-collected Temple Operations Related Pledges for 2012 $ 6,024 Un-collected Temple Operations Related Pledges for 2013 $ 6,024 Un-collected Temple Operations Related Pledges for 2014 $ 6,024 Un-collected Temple Operations Related Pledges for 2015 $ 6,024 Total Un-collected Sadharan A/C Pledges (As of 10/29/2010) $ 30,620 $ 30,620

2010 – Treasurer’s Report (11/13/2010)Maintenance

2010 – Treasurer’s Report (11/13/2010)Maintenance

Summary of Maintenance Tab 1 As of 10/29/2010:

DescriptionCash

Inflow 2 Cash Outflow Balance

Balance - Brought Forward From 10/18/2009 $ -

Summary of Maintenance Related Items Since Pratishtha (Source of Funds - Primarily Maintenance Funds From Jain Center A/C) $ 15,020 $ (5,264) Total Cash Inflow And Outflow $ 15,020 $ (5,264) Balance Remaining As of 10/29/2010 $ 9,756 Notes: 1) This Maintenance Tab is not a separate account. Instead, it is just maintained as a TAB inside of Sadharan A/C. 2) This account was funded by $15,000 transferred from Jain Center A/C after the Pratishtha. A cash donation of $ 20 was also received. This resulted in the Total Cash Inflow of $ 15,020.

2010 – Treasurer’s Report (11/13/2010)Loan Account

2010 – Treasurer’s Report (11/13/2010)Loan Account

BOT also had opened another account during this year for processing all Loan related transactions.

All loans have been completely repaid now.

There is an accrued interest of roughly $ 38 in this account.

Once, all the checks clear this account, this accrued interest will be transferred to Sadharan account and this Loan account will be closed.

THANK YOU.

2010 – Treasurer’s Report (11/13/2010)

2010 – Treasurer’s Report (11/13/2010)

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