WINE CORK RECYCLING
Wine Cork Purchasing
 

 
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Wine Cork Purchasing as of May 09, 2008

 

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.      
Register Date Organization City State N-P Y/N Progress
         
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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