Uinta Recycling Inc. (URI) held its 2023 annual meeting on Thursday, Jan. 12, at the Beeman-Cashin building. Outgoing recycling board President Charles Butcher gave introductions, then passed the microphone to Treasurer Luke Hicks for a financial report.
“I am pleased to announce that, financially, we made it this year,” Hicks said. “We base the center’s continuance solely on the community’s help and support.” He emphasized that, like any business, URI’s success is a reflection of support from its community, employees and members. “We have seen great support from recyclers wanting to keep trash out of the landfill.”
Hicks clarified that, as a nonprofit, URI does not need to maintain a positive income each year, but it does need to be sustainable. “This year, Uinta Recycling faced many challenges, including volatile commodity pricing, geographical challenges and logistics of the center itself.” He said that the greatest challenge was imposed by fixed expenses and inconsistent income. “There is a fixed cost for each bin, regardless of the price received at the other end,” Hicks added.
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