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Wine Cork Purchasing
as of
May 09, 2008 |
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WINE CORK PURCHASING -
In order to make the Wine Cork Recycling program a success,
there must be sales of a finished product - pulling the corks through
the system by market demand. This demand should cause a need to
replenish the supply of corks at a faster rate than they have come in
via contributions from environmentally conscience individuals and
businesses. Thus, a payment system has been developed to assure
an adequate supply of wine cork feed stock. |
WHY POST-CONSUMER -
The real value in post-consumer recycled materials is that it changes
the most behaviors. Post-industrial and pre-consumer recycling only
change a few behaviors and business pressures ultimately should reduce
the amount of this waste. Keeping with the goal of affecting the most
behaviors, Yemm & Hart seeks post-consumer recycled wine cork stoppers
from individuals. groups and businesses. |
RULES for SELLING WINE CORKS TO YEMM & HART -
1.
Anyone can send corks prepaid - shipper pays freight.
2. Only registered suppliers will be paid.
3. Only cork pre-authorized to ship will be paid for.
4. Payment will be made according to the Cork Payment Rates.
5. Registered suppliers must send cork freight prepaid.
6. The minimum size shipment for payment is 10 lbs of pure
cork.
7. The maximum size package is 60 lbs (more and the package could
burst).
8. Good packing is the shipper's responsibility.
9. Non-cork package contents will be valued at 4x the pay rate of pure
cork.
10. The value of non-cork will be deducted from the value of pure cork.
11. Rules and prices may change at any time and without notice. |
RECOMMENDATIONS -
At this time Yemm & Hart has found that UPS Ground offers the least
expensive shipping - using UPS Worldship™
9.0 software.
For profit businesses may collect cork and then donate it to their
favorite non-profit organization. Payment for cork
favors Non-Profit and Tax Exempt organizations. Registering as a
supplier of Cork with a 501c3 or Tax Exempt status, will result in the
highest possible rate being paid to the organization. |
CORK PAYMENT RATES
-
|
|
Per Lb |
Per Lb |
|
Lbs Net Cork |
Non-Profit Rate |
For Profit Rate |
|
10 to 14 |
$1.63 |
$1.23 |
|
15 to 20 |
$1.54 |
$1.14 |
|
20 to 24 |
$1.49 |
$1.09 |
|
25 to 29 |
$1.41 |
$1.01 |
|
30 to 34 |
$1.37 |
$0.97 |
|
35 to 39 |
$1.35 |
$0.95 |
|
40 to 44 |
$1.33 |
$0.93 |
|
45 to 49 |
$1.31 |
$0.91 |
|
50 to 54 |
$1.30 |
$0.90 |
|
55 to 60 |
$1.26 |
$0.86 |
|
Pallet Load |
$1.00 |
$0.70 |
|
Truckload |
$0.90 |
$0.60 |
|
PAYMENT RATE -
The payment rates contain an allowance for
freight based upon the least expensive service known to Yemm & Hart.
Suppliers may use any service. The freight must be paid for in advance
to the carrier, Yemm & Hart will inspect and weigh what is received and
issue payment to the registered sender within 30 days. Senders of
non-authorized COD shipments of cork will not be paid. Yemm & Hart can
arrange the shipping for a fee that will be deducted from the cork
payment. |
|
REGISTERED WINE CORK SUPPLIERS -
Register by clicking on
and indicate if a non-profit. You will be contacted for IRS non-profit
certificate.
Waiting in the N-P Column indicates, we are waiting for the
group's 501(c)(3) tax exempt status certificate or other Federal tax
exemption - not state tax or sales tax info.
XX Indicates how far down the list
we have progressed. |
WHAT REGISTRATION MEANS -
To protect against oversupply, Yemm & Hart has
developed a registration list for all individuals, groups and business
that want to recycle post-consumer wine cork stoppers and get paid for
doing it. Suppliers register by contacting Yemm & Hart, providing proof
of their non-profit or tax exempt status, if any. Their registry date is
recorded and when Yemm & Hart needs to purchase cork, the list is
consulted. The registered supplier below the red dot will be contacted.
Yemm & Hart intends to develop a buyer seller relationship with each
registered supplier in order to accommodate the timing needs for both
parties. This method is Yemm & Hart's attempt to insure fairness to all. |
|
In order to properly classify your organization as a non-profit,
please provide a copy of your Exemption Notification Letter
#1050 from the IRS. |
|
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|
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Register Date |
Organization |
City |
State |
N-P Y/N |
Progress |
|
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|
|
|
|
01/01/08 |
Yemm & Hart |
Marquand |
MO |
N |
XX |
|
01/29/08 |
Domaine Chandon |
Yountville |
CA |
N |
|
|
01/30/08 |
Jefferson Community School |
Minneapolis |
MN |
Waiting |
|
|
02/21/08 |
Chestnut Hill Garden Club |
Chestnut Hill |
MA |
Yes |
|
|
02/28/08 |
|
Wilmington |
NC |
N |
|
|
02/27/08 |
Cowhorn Vineyard & Garden |
Jacksonville |
OR |
Waiting |
|
|
04/04/08 |
Emilio Nares Foundation |
Emeryville |
CA |
Waiting |
|
|
04/06/08 |
Girl Scout Troop 70422 |
Shasta |
CA |
Waiting |
|
|
04/07/08 |
Tres Birds Workshop |
Boulder |
CO |
N |
|
|
04/11/08 |
Girl Scout Troop 414 |
Indianapolis |
IN |
Waiting |
|
|
04/12/08 |
Wellington's Wine Bar |
Sausalito |
CA |
N |
|
|
04/26/08 |
Lupus Foundation of America, Pacific Northwest chapter |
Portland |
OR |
Waiting |
|
|
05/01/08 |
SalsaRea |
Atlanta |
GA |
N |
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