October 5, 2010




  • Main hall is complete and grout is done
  • Franco has started putting front "thambhis" in ghabaro
  • Dricore in dining are is done
  • Bubbler is installed
  • View latest pictures


August 21, 2010




Watch this 10 minute video to get an update of our construction.


July 20, 2010




Financial Update.


March 10, 2010




JSNE New Derasar Project Update and Naming Opportunity Announcement. Click here for details.


December 23, 2009




Jai Jinendra!


We are pleased to share with you a progress report on our JSNE Derasar (new building) project as of today.

 

Project Overview:

1. Purchase of 223 Middlesex Turnpike, Burlington: as you know, we completed the purchase of this building on an auspicious day, Thursday, Oct. 29th, 2009. We were able to complete the transactions using the available funds and donations received, as we shared this information to you at the Diwali function.

 

2. Fund Raising: Our original plan called for fund raising by donations from members and supporters of JSNE, loans from members and commercial loan (if necessary). With your support and willingness to make this Derasar a reality, the following is summary of our progress:

 

  Members Pledges Funds Received Outstanding Balances
Donations 119 $336,470 $272,450 $64,020
Loans 10 $165,000 $65,000 $100,000
Total 119* $501,470 $337,450 $164,020

 

*Some of the members provided donations and loans both.

 

As a result of this level of support, we have opted not to secure commercial loan (although it was approved and available).

 

Please note that at the outset of the project our goal was to have the project cost to be about $1 million plus 20% over-run contingency. Once we found the building and had some preliminary estimates we were hopeful that we could possibly get this accomplished with about $895,000.

 

As the town requirements and associated costs as well as the detail work is being done with long term perspective and making our Derasar provide us “look and feel” for a nice place, our project costs may turn out to be slightly higher than $1 million. As a result of this cost estimates, we plan to reach out to the members who have not yet contributed to raise additional funds. Secondly, we will have to defer some of the items to the next phase, based on available funds. As the details of the project, costs, additional funds and project timing become available with “definitive” information we will communicate them to you.

 

3. Design and estimating: Working with professional Architect B.D. Nayak, engineering firm of Lumus, HVAC design and others, our volunteer team is putting a great deal of efforts to finalize the internal layout, making changes to meet the town requirements, planning for Ghabaro design and its requirements etc., Great deal of progress is being made and shortly we would have the final design and specifications in hand. This would allow us to make good estimates and reach out to various sub contractors for bids. This will also provide more definite time line of project milestones and completion dates. The main water line from the city source has been brought in to the building for sprinkler system.

 

4. Miscellaneous: a. Volunteering: On this important project your involvement is important. You can make a real difference by your active participation and contribution of your time and energies by letting us know of your interest in volunteering. Please contact Vijay Shah so that he can match your skills and area where you could help with this project. b. Financial Report for last four years: Attached you will find a comparative financial statement for last four years.

 

Action Items:

 

A. Loan Pledges: If you pledged for loans and have not yet forwarded the funds, we request you to send in the checks payable to JSNE and in the memo field “loan for new building”.

 

B. Donation Funds: If you have not yet sent in checks for your pledges for the new building, we would request you to send in the checks as soon as possible. As you know donations given this year by December 31st, can be used as towards deduction while preparing 2009 taxes. Please make the checks payable to JSNE and in the memo field “new building donation”.

 

C. Still time to help with this project: For those of you who have not yet committed, may we request you to consider the very best you can do in terms of donation for this important project? Donors of $ 2,500 and higher amounts would be recognized for their contribution at the new JSNE Derasar.

 

You may also forward your checks to: Please write a check payable to “Jain Sangh of New England” and mail it to: Girish Mehta, 220 Totten Pond Road, Waltham, MA 02451 OR Jain Sangh of New England, 124A Cummings park Drive, Woburn, MA 01880.

 

Contact phone for any inquiry or questions: Res: 781-891-8810; Cell: 781-888-3200.

 

Please feel free to contact JSNE EC, Building Committee or Finance committee members with your questions, inputs and suggestions.

 

With regards, Jain Sangh of New England Executive Committee & New Building Committee.