Male turkey bird with its red wattle.
The read flesh hanging from the neck of male turkeys is a type of caruncle called wattle.
The caruncle on top of the beak is called the snood.
A caruncle is a small, fleshy excrescence that is a normal part of an bird's anatomy. The turkey wattle is an example of caruncle.
For more information, read en.wikipedia.org/wiki/Wattle_(anatomy) and en.wikipedia.org/wiki/Caruncle_